However, what goes up often comes down, but H.C. Wainwright analyst Scott Buck thinks SoundHound stock has enough fuel in the tank to climb higher. On Dec. 23, he raised his bank's price target to $26 per share and maintained his buy rating. The new target implies a gain of 19.5% from SoundHound's closing price on Dec. 22.
Therefore, SoundHound's stock could still be cut in half over the next two years if it doesn't meet its own lofty expectations. Meanwhile, two more reasonably valued AI stocks -- Innodata ( INOD 8.17%) and SentinelOn e ( S 0.45%) -- might have a shot a outperforming SoundHound and exceeding its market cap over the next two years.
SoundHound AI Inc (NASDAQ:SOUN) shares are trading lower Tuesday, pulling back from recent strength. The rally really accelerated in November when the company reported strong earnings. Here's what you need to know.
With shares rocketing higher so far this year, SoundHound AI (NASDAQ: SOUN) demonstrates the millionaire-making potential of stock market investing. Let's dig deeper to see if this artificial intelligence (AI) software stock still has gas left in the tank.
SoundHound AI (NASDAQ:SOUN) stock has been a major beneficiary of the market’s infatuation with all things AI. That is clearly evident in the
If you are looking for the next two tech winners, stocks with triple-digit upside potential that may be unlocked in 2025, look no further than SoundHound (NASDAQ: SOUN) and AppLovin (NASDAQ: APP). These companies are monetizing AI today,
SoundHound AI ($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
Analysts have set 12-month price targets for SoundHound AI, revealing an average target of $12.64, a high estimate of $26.00, and a low estimate of $7.00. This upward trend is apparent, with the current average reflecting a 53.96% increase from the previous average price target of $8.21.
Nvidia (NASDAQ: NVDA) has become one of the most profitable investments in recent memory. Of course, the rise of artificial intelligence (AI) is the major reason why Nvidia's stock price has done so well.
If you put $10,000 into SoundHound AI (NASDAQ: SOUN) stock one year ago, you have $61,800 today. The company has emerged as an early winner in artificial intelligence (AI) as it seeks to dominate the market for speech and audio-related AI solutions.
What does SoundHound AI do? In a nutshell, SoundHound AI is a voice AI company, meaning it develops software that helps humans communicate with AI models. Most people are familiar with how this works.
H.C. Wainwright analyst Scott Buck raised the firm’s price target on SoundHound (SOUN) to $26 from $8 and keeps a Buy rating on the shares.