Soundhound stock forecast.

Aug 27, 2023 · Valuations, risks, and key takeaways. At current share prices just north of $2, SoundHound trades at a market cap of $558.4 million. After we net off the $115.8 million of cash and $66.4 million ...

Soundhound stock forecast. Things To Know About Soundhound stock forecast.

Dec 1, 2023 · SoundHound AI last posted its quarterly earnings results on November 10th, 2023. The reported ($0.09) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.09). The firm earned $13.30 million during the quarter, compared to analysts' expectations of $12.78 million. Its revenue was up 18.8% on a year-over-year basis. If SoundHound continues growing beyond 2030 but at a more moderate CAGR of 15% from 2030 to 2033, it could generate about $335 million in revenue by the final year.During its pre-merger presentation, the company claimed it could grow its revenue by 41% to $28 million in 2022 and 245% to $98 million in 2023. It actually grew its revenue by 47% to $31 million ...With a stock price below $1.50, it operates in a sector projected to grow around 13% annually until 2030. ... SoundHound heavily relies on a few major customers, making it vulnerable to revenue ...SoundHound AI, Inc Class A (SOUN) Stock Forecast & Price Target

SoundHound AI ( SOUN 2.24%) went public by merging with a special purpose acquisition company (SPAC) last April. The audio and speech recognition company's stock opened at $8.72 and hit an all ...SoundHound stock does carry risk. It's a small cap valued at just $525 million, and the company is losing money hand over fist -- including $115.3 million in 2022. It was running low on cash at ...Dec 1, 2023 · It's typically categorized as a valuation metric and is most often quoted as Cash Flow per Share and as a Price to Cash flow ratio. In this case, it's the cash flow growth that's being looked at ...

About the SOUNW stock forecast. As of 2023 November 30, Thursday current price of SOUNW stock is 0.315$ and our data indicates that the asset price has been in an uptrend for the past 1 year (or since its inception).. SoundHound AI stock price as been showing a rising tendency so we believe that similar market segments were very …This AI boom isn't limited to Nvidia. These three AI stocks could soar even more than Nvidia, according to Wall Street. 1. SoundHound AI. Only three analysts surveyed by Refinitiv in August cover ...

But at the same time, keep in mind that SoundHound's revenues are rather paltry too. Even if Q3 ends up delivering about negative $10 million against $12 million of revenues, it means that for ...Weather forecasting plays a crucial role in our daily lives, helping us plan our activities and make informed decisions. But have you ever wondered how meteorologists are able to accurately predict the weather? One of the key components in ...SoundHound expects revenues to accelerate 50% year-over-year (YoY) in 2023, with over $300 million in bookings. SoundHound AI targets positive GAPP operating cash flow by the end of 2023.What this means: Soundhound Ai Inc Cl A (SOUN) gets an Overall Rank of 58, which is an above average rank under InvestorsObserver's stock ranking system. Our system considers the available information about the company and then compares it to all the other stocks we have data on to get a percentile-ranked value.

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Sep 5, 2023 · According to 4 analyst offering 12-month price targets in the last 3 months, SoundHound AI has an average price target of $4.55 with a high of $6.20 and a low of $2.80. Below is a summary of how ...

Dec 1, 2023 · SoundHound AI last posted its quarterly earnings results on November 10th, 2023. The reported ($0.09) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.09). The firm earned $13.30 million during the quarter, compared to analysts' expectations of $12.78 million. Its revenue was up 18.8% on a year-over-year basis. Mar 10, 2023 · SoundHound AI generated Q4'22 revenues of $9.5 million for an annualized rate of $38.0 million, yet the company guided to 2023 revenues of only $43.0 to $50.0 million. With the massive $332 ... If you're looking to build a million-dollar retirement portfolio, Roku looks like a great stock to bet on. 2. ACM Research. The semiconductor sector has boomed this year thanks to excitement over ...Nov 30, 2023 · SoundHound AI Reports Record Third Quarter, Revenue Increases to $13.3 Million, Adjusted EBITDA Improves 57% Year Over Year. SANTA CLARA, Calif.-- (BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the third quarter of 2023. SoundHound AI Incs Stock Surges and Analysts Predict Significant Growth. On November 14, 2023, SoundHound AI Inc’s stock, with the ticker symbol SOUN, experienced a significant increase in performance. According to data from CNN Money, the 5 analysts offering 12-month price forecasts for SoundHound AI Inc have a median target of $5.00.

SoundHound AI shares are up nearly 20% after DA Davidson analyst Gil Luria initiated coverage on SoundHound AI with a Buy rating and announced a price target of $5. SOUN shares are up on heavy ...SoundHound expects revenues to accelerate 50% year-over-year (YoY) in 2023, with over $300 million in bookings. SoundHound AI targets positive GAPP operating cash flow by the end of 2023.SoundHound’s stock has plunged since its SPAC-backed debut. ... compared to its original forecast of $110 million. Analysts still expect SoundHound's revenue to rise 47% in 2023, 62% in 2024 ...Blockchain, cannabis and 3D printing stocks are all examples from recent history. So we're reviewing three pure-play AI stocks that are at the heart of the AI stock rally: C3.ai (AI), SoundHound ...SoundHound AI Inc SOUN shares are trading higher in Tuesday's after-hours session after the company reported second-quarter financial results. Q2 Revenue: $8.8 million beat estimates of $8.06 millionDec 1, 2023 · 3 analysts have issued twelve-month target prices for SoundHound AI's stock. Their SOUN share price targets range from $3.60 to $5.00. On average, they expect the company's stock price to reach $4.53 in the next twelve months. This suggests a possible upside of 96.7% from the stock's current price.

The SoundHound AI, Inc. stock forecast for tomorrow is $ 2.24, which would represent a 0.00% gain compared to the current price. In the next week, the price of SOUN is expected to decrease by -15.11% and hit $ 1.897294. As far as the long-term SoundHound AI, Inc. stock forecast is concerned, here’s what our predictions are currently suggesting. Dec 1, 2023 · SoundHound AI has an Altman Z-Score of -3.74 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy. Detailed statistics for SoundHound AI, Inc. (SOUN) stock, including valuation metrics, financial numbers, share information and more.

Adobe Inc. (NASDAQ:ADBE) announced its quarterly earnings data on Thursday, September, 14th. The software company reported $4.09 EPS for the quarter, topping the consensus estimate of $3.98 by $0.11. The software company had revenue of $4.89 billion for the quarter, compared to analysts' expectations of $4.87 billion.SoundHound had just $130 million in cash on its balance sheet as of Jun. 30. This is after the company raised $100 million in "minimally dilutive" debt financing in April and $43 million through ...Find the latest SoundHound AI, Inc. (SOUN) stock discussion in Yahoo Finance's forum. Share your opinion and gain insight from other stock traders and investors.Weather forecasting plays a crucial role in our daily lives, helping us plan our activities and make informed decisions. But have you ever wondered how meteorologists are able to accurately predict the weather? One of the key components in ...Analyst Forecast. According to 3 analysts, the average rating for SOUN stock is "Strong Buy." The 12-month stock price forecast is $4.53, which is an increase of 96.96% from the latest price.SoundHound AI, Inc Class A (SOUN) Stock Forecast, Price ...

SoundHound AI generated Q4'22 revenues of $9.5 million for an annualized rate of $38.0 million, yet the company guided to 2023 revenues of only $43.0 to $50.0 million. With the massive $332 ...

Weather forecasting plays a crucial role in our daily lives, helping us plan our activities and make informed decisions. But have you ever wondered how meteorologists are able to accurately predict the weather? One of the key components in ...

Price target. 4.52 0.00 0.00%. The 5 analysts offering 1 year price forecasts for SOUN have a max estimate of — and a min estimate of —.It's typically categorized as a valuation metric and is most often quoted as Cash Flow per Share and as a Price to Cash flow ratio. In this case, it's the cash flow growth that's being looked at ...Opera Limited (OPRA 5.32%) and SoundHound AI (SOUN 7.48%) are two great examples. They're still relatively small companies and carry a higher degree of risk than established players like Nvidia ...Price target. 4.52 0.00 0.00%. The 5 analysts offering 1 year price forecasts for SOUN have a max estimate of — and a min estimate of —.SoundHound AI Reports Record Third Quarter, Revenue Increases to $13.3 Million, Adjusted EBITDA Improves 57% Year Over Year. Nov 09, 2023. SANTA CLARA, Calif. -- (BUSINESS WIRE)--Nov. 9, 2023-- SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the third …Now what. While SoundHound AI is still a relatively small company with a somewhat speculative outlook, the business has been growing at an encouraging pace. The company recorded revenue of $8.8 ...See Also: Why CrowdStrike Stock Is Surging After Hours SOUN Price Action: SoundHound has a 52-week high of $18.14 and a 52-week low of 93 cents. The stock was down 6.01% at $3.13 at the time of ...

Further, the average BBAI stock price target of $3.50 per share implies 97.74% upside potential.Bottom LineThe solid demand and unique capabilities of SoundHound and BigBear.ai position them well ...SoundHound (NASDAQ: SOUN) is a conversational AI stock that investors should consider. Conversational AI, as the name suggests, utilizes artificial intelligence for the purpose of conversation ...BigBear.ai is valued at just $414 million as of this writing. As is the case with many emerging companies, its annual revenue is incredibly lumpy -- in 2020, it generated just $31 million, which ...Instagram:https://instagram. small investment property loansmonday .com stockpittsburgh financial advisorssmall bank stocks Wall Street Stock Market & Finance report, prediction for the future: You'll find the SoundHound AI Inc - Class A share forecasts, stock quote and buy / sell signals below. According to present data SoundHound AI Inc - Class A's SOUN shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). which bank gives virtual debit card instantlygoldman sachs physical gold etf Nov 29, 2023 · Based on short-term price targets offered by five analysts, the average price target for SoundHound AI, Inc. comes to $4.52. The forecasts range from a low of $3.60 to a high of $5.00. The average ... walmart shaq shoes SoundHound AI Announces New Employee Assist Voice AI Product for Restaurants. SANTA CLARA, Calif., November 16, 2023--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that it is now offering Employee Assist, a new state-of-the-art conversational AI product that supports restaurant …With stocks at historic highs, many individuals are wondering if the time is right to make their first foray in the stock market. The truth is, there is a high number of great stocks to buy today. However, you might be unsure how to begin.In the world of business, cash flow is king. Having a clear understanding of your company’s cash flow is essential for making informed financial decisions and ensuring the long-term success of your business.