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Although Nvidia invested a mere $3.7 million in voice-AI start-up SoundHound AI (NASDAQ: SOUN) about a year ago, that investment put SoundHound squarely on the map as a potential AI winner. After ...
Data by YCharts.. Additionally, SoundHound's one-year price target of $12.36, according to Yahoo! Finance, is lower than its current stock price. This suggests analysts covering SoundHound believe ...
Soundhound AI's (NASDAQ: SOUN) share price skyrocketed 836% higher last year. However, the stock has pulled back more than 40% from its high with Soundhound's market cap hovering around $5 billion.
Dan Ives of Wedbush Securities raised his price target on SoundHound to $22 from $10 earlier this month, pointing out that it is an underappreciated AI stock that could win big in the long run ...
Today, SoundHound is well positioned to benefit from the tailwind of the AI market's expansion. Forecasts predict the AI sector to hit $244 billion in 2025, up from 2024's $184 billion, and to ...
Though management has an incredibly bullish outlook, the six analysts covering SoundHound stock have given it a median 12-month price target of $8.50, according to CNN. That represents a gain of ...
As today's trading indicates, SoundHound AI stock is predisposed to volatile moves. With a market cap of roughly $6.8 billion, the company is valued at roughly 41 times this year's expected sales.
Over the last year, the company's share price is now up 642%. Meanwhile, the S&P 500 index was up 1.6% and the Nasdaq Composite index was up 2.1%. Why SoundHound AI Stock Is Skyrocketing Today
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