The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. The company is performing strongly in the stock market, with strong fundamentals and technicals supporting the momentum. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
SoundHound AI Inc's Score
Industry at a Glance
Industry Ranking
118 / 469
Overall Ranking
191 / 4699
Industry
Software & IT Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
9
analysts
Buy
Current Rating
15.438
Target Price
-18.23%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
SoundHound AI Inc Highlights
StrengthsRisks
SoundHound AI, Inc. is engaged in conversational intelligence and offers voice artificial intelligence (AI) solutions that let businesses offer conversational experiences to their customers. The Company’s technology applications enable humans to interact with the surrounding things in the same way they interact with each other: by speaking naturally to mobile phones, cars, televisions, music speakers, coffee machines, and other parts of the world. Its voice AI delivers speed and accuracy in numerous languages to product creators across automotive, TV, and IoT, and to customer service industries via AI-driven products, such as Smart Answering, Smart Ordering, and Dynamic Interaction, a real-time, multimodal customer service interface. Along with SoundHound Chat AI, a voice assistant with integrated Generative AI, it powers various products and services, and processes interactions each year for businesses. It also provides edge, cloud and hybrid (Edge+Cloud) connectivity solutions.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 172.07% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 84.69M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 200.82.
Undervalued
The company’s latest PE is -27.72, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 175.55M shares, decreasing 5.47% quarter-over-quarter.
SoundHound AI, Inc. is engaged in conversational intelligence and offers voice artificial intelligence (AI) solutions that let businesses offer conversational experiences to their customers. The Company’s technology applications enable humans to interact with the surrounding things in the same way they interact with each other: by speaking naturally to mobile phones, cars, televisions, music speakers, coffee machines, and other parts of the world. Its voice AI delivers speed and accuracy in numerous languages to product creators across automotive, TV, and IoT, and to customer service industries via AI-driven products, such as Smart Answering, Smart Ordering, and Dynamic Interaction, a real-time, multimodal customer service interface. Along with SoundHound Chat AI, a voice assistant with integrated Generative AI, it powers various products and services, and processes interactions each year for businesses. It also provides edge, cloud and hybrid (Edge+Cloud) connectivity solutions.