The stock erased early mild losses and SoundHound AI blistered the bears with a new high. Boeing made five-month highs.
SoundHound AI (NASDAQ: SOUN) has simply taken off in the past couple of years. Shares of the voice artificial intelligence (AI) solutions provider shot up a phenomenal 1,940% during this period thanks to the growing AI craze,
Wall Street analyst Scott Buck with H.C. Wainwright thinks it has more room to run. Buck just issued a note maintaining his "buy" rating on the stock and ratcheted his price target from $8 to $26 per share, according to reports. That would imply another 27% upside even after the stock's recent surge higher.
In the third quarter (for the period ended Sept. 30), SoundHound AI posted revenue of $25.1 million, an 89% year-over-year increase. The company now serves more than 200 enterprise-level customers, showcasing its diversifying business mix. For the full year, SoundHound AI expects revenue of around $84 million, marking an 83% jump from 2023.
SoundHound AI stock is surging amid a day of strong momentum for meme stocks. Speculative growth plays are seeing a strong rebound on the heels of recent valuation volatility, and the conversational artificial intelligence ( AI) is also getting a boost from bullish analyst coverage.
December 26, 2024 (Investorideas.com Newswire) Investorideas.com, a leader in retail investor trading ideas for AI and tech stocks issues a trading alert SoundHound AI, Inc. ( Nasdaq: SOUN ), a global leader in voice artificial intelligence.
SoundHound AI's (NASDAQ: SOUN) stock soared more than 940% over the past 12 months. The developer of speech and audio recognition tools dazzled investors with its accelerating growth and support from Nvidia,
SoundHound AI Inc (NASDAQ:SOUN) shares are trading lower Tuesday, pulling back from recent strength. The rally really accelerated in November when the company reported strong earnings. Here's what you need to know.
SoundHound AI stock nabbed a price-target hike as a Wall Street analyst sees increasing demand for the company's conversational voice AI technology.
SoundHound AI (NASDAQ:SOUN) stock has been a major beneficiary of the market’s infatuation with all things AI. That is clearly evident in the
SoundHound AI (NASDAQ: SOUN) had a breakthrough in 2024 and is now a leader in the AI industry. CEO Keyvan Mohajer discusses the company's success, AI, and future plans.
SoundHound AI (SOUN) has been among the best stocks over the past 12 months. Up 926%, it’s topped only by a few companies, notably those in quantum computing. While SoundHound AI is well ...