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SoundHound AI (NASDAQ: SOUN) stock is posting big gains in Thursday's trading. The company's share price was up 17.9% as of 12:30 p.m. ET. The company's share price was up 17.9% as of 12:30 p.m. ET.
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
C3.ai C3.ai carries a 12-month consensus price target of $40, which would be a 30% jump from current levels. Prediction: 2 Stocks That Will Be Worth More Than SoundHound AI 1 Year From Now Skip to ...
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 ...
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 ...
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.
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.