SoundHound AI (NASDAQ: SOUN) stock is seeing dramatic sell-offs in this week's trading. The company's share price is down 27.2% from last Friday's market close, according to data from S&P Global Market Intelligence.
SoundHound AI (NASDAQ: SOUN) stock posted a month of explosive gains across December's trading. The conversational artificial intelligence (AI) company's share price closed out last month up 113.1%, according to data from S&P Global Market Intelligence.
In SoundHound AI's conference call, management made the bold projection that its revenue would double in 2025. Additionally, it expects to reach EBITDA profitability by the end of 2025, which is a key milestone in achieving net income profitability. These projections ignited a massive run-up in SoundHound AI's stock, but is it still worth buying?
SoundHound's growth is stunted amid competition and losses. Learn why SOUN stock may drop as AI-driven hype fades and fundamentals prevail.
While the business is growing, SoundHound AI has a low revenue volume and no profits. Read why I have downgraded SOUN stock to a Sell.
There may not be a hotter stock heading into 2025 than SoundHound AI ( SOUN 2.28%). SoundHound AI rose 836% in 2024, making it one of the best-performing stocks in the market. Just a few weeks ago, it was up over 1,000%, but a pullback to end the year took away some of those gains.
SoundHound AI, a maker of conversational AI voice technology, on Tuesday unveiled the first-ever in-vehicle voice commerce platform at the CES 2025 tech trade show. The SoundHound platform will allow drivers and passengers to order takeout for pick-up directly from the car's infotainment system just by speaking.
SoundHound AI Inc.'s (NASDAQ: SOUN) shares are trading lower today potentially from continued momentum due to sector-wide challenges.
Investors and traders looking for an opportunity to “Buy the Dip” on SoundHound shares should maintain a close watch on the $15 price. This price represents the next “psychological” trade level for the stock, followed by $12.5 which is where SoundHound’s bullish 50-day moving average resides.
While SoundHound AI's big drop may tempt value hunters, a potentially smarter proposition calls for a wager on rising volatility.
Want to know where SoundHound AI stock is heading? For reference, a company's gross profit margin is calculated by subtracting the cost to produce its goods from revenue and then dividing that number by the overall sales figure.
SoundHound AI ( NASDAQ:SOUN) has captured attention at CES 2025 with the debut of its first-ever in-vehicle voice assistant featuring integrated food ordering capabilities. This feature enables drivers to order meals directly through their car's voice system, streamlining convenience without sacrificing safety.