Soundhound stock forecast.

SoundHound’s stock has plunged since its SPAC-backed debut. ... compared to its original forecast of $110 million. Analysts still expect SoundHound's revenue to rise 47% in 2023, 62% in 2024 ...

Soundhound stock forecast. Things To Know About Soundhound stock forecast.

1. It has customer-concentration issues. SoundHound's three largest customers accounted for 67% of its revenue in 2022, compared to 61% of its revenue in 2021. Its two biggest customers were ...A similar multiple in 2030 would translate into a share price of $1,330. That would translate into an increase of over 12x from the current stock price, which indicates that this tech stock could ...SoundHound's stock surged as growth of the generative AI market sparked a buying frenzy in AI-related stocks. ... That outlook implies its revenue will rise between 44% and 57% for the full year ...May 23, 2023 · Investors who want to expose their stock portfolios to AI technology might want to start by buying Microsoft. 2. SoundHound AI. SoundHound AI (SOUN 7.48%) is no Microsoft. It's valued at just $592 ...

MSFT stock is still a strong opportunity, no matter your time horizon. Microsoft ( MSFT) stock is about to hit $350 per share, as ‘AI mania’ continues. This trend will enable shares to keep ...Another top AI stock to consider is SoundHound AI ... Q2 revenue, for example, jumped about 42% year over year to $8.8 million, which was better than forecasts for $8.1 million.Now what. While SoundHound AI is still a relatively small company with a somewhat speculative outlook, the business has been growing at an encouraging pace. The company recorded revenue of $8.8 ...

SoundHound AI, Inc. (SOUN) Advances While Market Declines: Some Information for Investors. by Zacks Equity Research Published on October 27,2023. In the closing of the recent trading day ...Find out the direct holders, institutional holders and mutual fund holders for SoundHound AI, Inc. (SOUN).

3 analysts have issued twelve-month target prices for SoundHound AI's stock. Their SOUN share price targets range from $3.60 to $5.00. On average, they expect the company's stock price to reach $4.53 in the next twelve months. This suggests a possible upside of 96.7% from the stock's current price.Find the latest Earnings Report Date for SoundHound AI, Inc Class A Common Stock (SOUN) at Nasdaq.com.Jun 29, 2023 · With a stock price below $1.50, it operates in a sector projected to grow around 13% annually until 2030. ... SoundHound heavily relies on a few major customers, making it vulnerable to revenue ... Pure-play AI stocks are hard to find on the market these days, but one of the more intriguing of the bunch is Soundhound AI (NASDAQ: SOUN), a specialist in voice recognition and voice-to-text ...What happened. Shares of SoundHound AI (NASDAQ: SOUN) gained 157.1% in the first half of 2023, according to data from S&P Global Market Intelligence.Starting the year as a penny stock with ...

View the latest SoundHound AI Inc. (SOUN) stock price, news, historical charts, analyst ratings and financial information from WSJ.

Growth stocks refer to shares of companies that are expected to grow at rates significantly above the average for the stock market as a whole. ... 5-Year Avg. Annual EPS Forecast +197.7%. Current ...

SoundHound is valued at just $546 million as of this writing. In the recent second quarter (ended June 30), it only generated $8.8 million in revenue, though that was an impressive 42% increase ...SoundHound stock does carry risk. It's a small cap valued at just $525 million, and the company is losing money hand over fist -- including $115.3 million in 2022. It was running low on cash at ...Gas prices are at a record high, and experts are forecasting that prices could go higher this summer — perhaps $5 or even over $6 a gallon. By clicking "TRY IT", I agree to receive newsletters and promotions from Money and its partners. I a...SoundHound AI ( SOUN 2.24%) went public by merging with a special purpose acquisition company (SPAC) last April. The audio and speech recognition company's stock opened at $8.72 and hit an all ...During its pre-merger presentation, the company claimed it could grow its revenue by 41% to $28 million in 2022 and 245% to $98 million in 2023. It actually grew its revenue by 47% to $31 million ...

SoundHound stock flies under the radar. The Wall Street Journal tracks just five analysts covering it, but they are overwhelmingly bullish and their average price target points to a whopping 152% ...Weather forecasting plays a crucial role in our daily lives, helping us plan our activities and make informed decisions. But have you ever wondered how meteorologists are able to accurately predict the weather? One of the key components in ...Funds + ETFs. News + Insights. P/E & PEG Ratios. research for ratings consensus and a summary of stock price targets. Analysts evaluate the stock’s expected performance in a given time period ...Funds + ETFs. News + Insights. P/E & PEG Ratios. research for ratings consensus and a summary of stock price targets. Analysts evaluate the stock’s expected performance in a given time period ...Stocks trading online may seem like a great way to make money, but if you want to walk away with a profit rather than a big loss, you’ll want to take your time and learn the ins and outs of online investing first. This guide should help get...But the stock is still up about 40% in 2023, with a price target of $4.77, which suggests a 92% upside for SOUN stock. SoundHound is a leader in the niche market of conversational AI technology.

Real time SoundHound AI (SOUN) stock price quote, stock graph, news & analysis.Find out the direct holders, institutional holders and mutual fund holders for SoundHound AI, Inc. (SOUN).

SoundHound AI generated Q4'22 revenues of $9.5 million for an annualized rate of $38.0 million, yet the company guided to 2023 revenues of only $43.0 to $50.0 million. With the massive $332 ...SoundHound AI's stock is volatile due to AI hype. ... The market shouldn't be surprised by this scenario considering the company doesn't forecast topping $50 million in revenues this year.With stocks at historic highs, many individuals are wondering if the time is right to make their first foray in the stock market. The truth is, there is a high number of great stocks to buy today. However, you might be unsure how to begin.Investors who want to expose their stock portfolios to AI technology might want to start by buying Microsoft. 2. SoundHound AI. SoundHound AI (SOUN 7.48%) is no Microsoft. It's valued at just $592 ...SoundHound AI Stock: Bull vs. Bear Nov. 23, 2023 at 7:31 a.m. ET on Motley Fool Discover Future Growth Stocks: 3 Penny Stocks Poised for Massive Returns Real time SoundHound AI (SOUN) stock price quote, stock graph, news & analysis.Find the latest SoundHound AI Inc (SOUN) stock forecast, 12-month price target, predictions and analyst recommendations.

SoundHound AI, Inc. ( NASDAQ: SOUN) is a Voice AI technology company. Its platform allows users to become more productive by interacting with products via voice commands. The main problem that I ...

Find the latest SoundHound AI, Inc. (SOUNW) stock quote, history, news and other vital information to help you with your stock trading and investing. ... Performance Outlook. Short Term. 2W - 6W ...

Business Outlook. Based on the Company's strong business momentum and customer demand for its voice AI products and services, the Company expects to grow its revenue by approximately 50% in 2023. SoundHound’s guidance for revenue in 2023 is expected to be in a range of $43 to $50 million. With this growth, and previously …SoundHound AI, Inc Class A (SOUN) Stock Forecast & Price TargetMay 23, 2023 · Investors who want to expose their stock portfolios to AI technology might want to start by buying Microsoft. 2. SoundHound AI. SoundHound AI (SOUN 7.48%) is no Microsoft. It's valued at just $592 ... Pure-play AI stocks are hard to find on the market these days, but one of the more intriguing of the bunch is Soundhound AI (NASDAQ: SOUN), a specialist in voice recognition and voice-to-text ...May 24, 2023 · Even better, C3.AI just raised its outlook. It now expects total revenue for its fourth fiscal quarter 2023 to come in between $72.1 million and $72.4 million, exceeding the company’s own ... SoundHound AI is also gaining interest, with AI stock sympathy momentum at the forefront. The company specializes in voice AI technology. It recently reported first-quarter earnings and posted 56% growth in year-over-year revenue. SoundHound also saw its gross margin climb from 51% to 71%, and adjusted EBITDA improved by 13% over …Despite a surprise in Q4 earnings that led to a slide in stock prices, the company has shown strong revenue growth and has secured new financing to strengthen its balance sheet. SoundHound AI also ...SoundHound stock flies under the radar. The Wall Street Journal tracks just five analysts covering it, but they are overwhelmingly bullish and their average price target points to a whopping 152% ...SoundHound AI's stock is volatile due to AI hype. ... The market shouldn't be surprised by this scenario considering the company doesn't forecast topping $50 million in revenues this year.

If you’re just getting started, tracking investments might seem like a mystery. Thankfully, modern tools and technology make it easier than ever to figure out how to manage your stock portfolio and to track it. This quick guide gives you ti...C3 AI, BigBear.ai, SoundHound: AI-related stocks fall despite strong demand. The Yahoo Finance Live team discusses the decline in stock price for some AI-related stocks. Get the latest SoundHound ...AI poster child Nvidia (NVDA 0.67%) stock has nearly tripled in 2023, but SoundHound is down by 8% instead. SoundHound scares some investors away due to its shaky financial results.Instagram:https://instagram. macy stocksbristol meyers squibb stockservice now stockswallsteetbets View the latest SoundHound AI Inc. (SOUN) stock price, news, historical charts, analyst ratings and financial information from WSJ. learn to trade onlinevision insurance in pennsylvania Aug 18, 2023 · SoundHound AI ( SOUN -6.96%) stock is climbing this week. The company's share price was up 6.7% compared to the previous week's market close as of 10 a.m. ET this Friday, according to data from S ... Price target. 4.52 0.00 0.00%. The 5 analysts offering 1 year price forecasts for SOUN have a max estimate of — and a min estimate of —. reviews on ambetter health insurance SoundHound AI is also gaining interest, with AI stock sympathy momentum at the forefront. The company specializes in voice AI technology. It recently reported first-quarter earnings and posted 56% growth in year-over-year revenue. SoundHound also saw its gross margin climb from 51% to 71%, and adjusted EBITDA improved by 13% over …SoundHound AI ( SOUN -0.46%) is a company that creates technology to understand and naturally respond to human speech. The company began trading on the Nasdaq Stock Market on April 28, 2022, after ...Business Outlook. Based on the Company's strong business momentum and customer demand for its voice AI products and services, the Company expects to grow its revenue by approximately 50% in 2023. SoundHound’s guidance for revenue in 2023 is expected to be in a range of $43 to $50 million. With this growth, and previously …