SoundHound (SOUN) Stock Price

$9.57 1.6%

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AI Score

Hold
  • Alternative

    7
  • Fundamental

    6
  • Technical

    4

Our AI score evaluates a company's performance on a scale from 0 to 10 by analyzing alternative data points — web traffic, app downloads, job postings, etc - along with financial health and technical signals. Scores below 4 project bearish performance, while scores above 6 project bullish performance.

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SOUN AI Stock Analysis

Financial Performance

SoundHound's financial performance shows a mixed picture. The revenue of $34.5M, up by 37.7% from the previous quarter and up by 197.9% YoY, indicates strong sales growth. Gross profit also increased significantly to $14.4M, up by 18% QoQ and 127.7% YoY, suggesting an improvement in cost efficiency or pricing power. However, the operating income was -$261.4M, a sharp decrease from the previous periods indicating higher operational costs or investments which could impact short-term profitability but might be beneficial in long term if these are strategic investments for future growth.

Stock Price

The stock price is currently at $10.11, down -8.2% over the last month which indicates bearish short-term sentiment among investors despite strong revenue growth reported recently.The RSI value of around 51 suggests that the stock is neither overbought nor oversold while a PE ratio of -16 indicates that it's not earning enough to justify its current valuation.

Alternative Data Signals

The decline in web traffic (-11%) and job postings (-36%) suggest a slowdown in business activity or restructuring efforts underway within SoundHound while significant increase in app downloads (+3326%) indicate growing consumer interest and usage potentially driving future revenues.On social media front,the company has seen solid growth across all platforms with highest on Twitter (+273%).However,a negative employee outlook (33%) could be due to various factors including internal changes,strategic shifts or market conditions impacting morale.

Conclusion

In conclusion,Sounhound exhibits strong revenue and gross profit growth but faces challenges with declining operating income and negative employee sentiment.The stock price performance is bearish in short term but growing app downloads and social media presence could support future growth making it a neutral investment at this time.

Note: This AI Stock Analysis is based on data as of June 07. Our members can refresh and get access to an up-to-date AI stock analysis.

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SoundHound (SOUN) Price Prediction

Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of SoundHound (SOUN), currently trading at $9.57, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.

About SOUN

LSE
  • SoundHound AI, Inc.

  • Symbol

    SOUN

  • Market

    NASDAQ

  • Industry

    Software - Application

  • Market Cap

    3.8B

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SOUN Alternative Data

Web Traffic

SoundHound receives an estimated 754779 monthly visitors to soundhound.com.

  • Web Traffic

    754779

  • Change from Previous Month

    8%

  • 3 Month Change

    4.8%

  • YoY Change

    4.8%

Twitter Followers

SoundHound has 12,409 Twitter Followers on its main Twitter (also known as X) account, which is up by 1.7% over the last month.

  • Twitter Followers

    12409

  • Daily Change

    0%

  • 1 Month Change

    1.7%

  • 3 Month Change

    4.2%

  • YoY Change

    4.2%

Facebook Engagement

SoundHound has engaged 33 users via their Facebook Page over the last 7 days.

  • Facebook Engagement

    33

  • Daily Change

    15.4%

  • 1 Month Change

    35.3%

  • 3 Month Change

    54.2%

  • YoY Change

    54.2%

Instagram Followers

SoundHound has 6,672 Instagram Followers on its main Instagram account, up by 0.3% over the last month.

  • Instagram Followers

    6672

  • Daily Change

    0%

  • 1 Month Change

    0.3%

  • 3 Month Change

    0.4%

  • YoY Change

    0.4%

Youtube Subscribers

SoundHound has 4,840 subscribers on its main Youtube channel, up by 2.3% over the last month.

  • Youtube Subscribers

    4840

  • Daily Change

    0%

  • 1 Month Change

    2.3%

  • 3 Month Change

    6.1%

  • YoY Change

    6.1%

LinkedIn Followers

89,313 are following SoundHound on LinkedIn, up by 3.3% over the last month.

  • LinkedIn Followers

    89313

  • Daily Change

    0.1%

  • 1 Month Change

    3.3%

  • 3 Month Change

    19.1%

App Downloads
  • App Downloads

    305948

  • Daily Change

    2%

  • 1 Month Change

    3.3%

  • 3 Month Change

    9.5%

  • YoY Change

    9.5%

Job Postings

SoundHound has an estimated 17 open job postings, which is down -19% over the last month.

  • Job Postings

    17

  • Daily Change

    0%

  • 1 Month Change

    19%

  • 3 Month Change

    13.3%

  • YoY Change

    13.3%

LinkedIn Employees

According to LinkedIn, SoundHound has 596 employees, up by 0.8% over the last month.

  • LinkedIn Employees

    596

  • Daily Change

    0%

  • 1 Month Change

    0.8%

  • 3 Month Change

    7.2%

  • YoY Change

    7.2%

Reddit Mentions

SoundHound has been mentioned an estimated 0 times in investment subreddits on Reddit over the last 24 hours.

  • Reddit Mentions

    0

  • Daily Change

    0%

  • 1 Month Change

    0%

  • 3 Month Change

    100%

Business Outlook

According to employee reviews, the business outlook among employees at SoundHound is 33 out of 100 (bearish).

  • Business Outlook

    33

  • Change from Previous Month

    2.9%

  • 3 Month Change

    2.9%

  • YoY Change

    2.9%

News Mentions

SoundHound was mentioned 4 times in the news yesterday.

  • News Mentions

    4

  • Daily Change

    33.3%

  • 1 Month Change

    0%

  • 3 Month Change

    33.3%

SOUN Financials

SOUN Key Metrics
  • Total Revenue

    $34.5M

  • Net Income

    -$258.6M

  • Earnings per Share

    $0.27

  • Free cash flow

    -$33.2M

  • EBITDA

    -$246.4M

  • EBITDA Ratio

    -7.13392

  • Total Assets

    $554M

SOUN 2-year Revenue & Income
SOUN 2-year Free Cash Flow

SOUN Technicals

SOUN SMA
SOUN RSI

FAQ

What's the current price of SoundHound (SOUN) Stock?
The price of an SoundHound (SOUN) share is $9.57.

What's the market cap of SoundHound?
The current market cap of SoundHound is 3.8B.

Should I buy or sell SOUN?
SoundHound shows several positive indicators, but they aren’t strong enough to warrant a buy recommendation. At its current price, SoundHound is better viewed as a hold or accumulate position while waiting for further developments.

Is SoundHound a good investment?
The current analysis of SoundHound's fundamentals, technical aspects, and alternative data insights indicates a neutral outlook on the stock. While there are promising elements in SoundHound's portfolio, the presence of equal risks and opportunities suggests that it might not drive significant gains or losses at this moment.

Is now a good time to buy SoundHound (SOUN) Stock?
Based on an analysis that includes fundamentals, technical analysis, and alternative data insights, the outlook for SoundHound stock is currently neutral, suggesting a cautious approach might be wise.

What are some stocks similar to SoundHound (SOUN) that investors often compare it to?
SoundHound (SOUN) is often compared to similar stocks such as Intuit, Autodesk, MicroStrategy, Workday and Docusign.

What is the forecast for SoundHound's stock price in 2026?
Using a mix of financial analysis, technical indicators, and alternative data, we forecast SoundHound's stock price to be around $9.86 in 2026. Starting from the current price of $9.57, this represents a 3% change in price, indicating a neutral outlook for the stock.

How to buy SoundHound (SOUN) Stock?
SoundHound stock is available for purchase through numerous brokerage firms, including online platforms. Investors can also buy SoundHound shares via trading apps on their smartphones or by utilizing services like robo-advisors for automated investing.