This summary was created by AI, based on 4 opinions in the last 12 months.
SoundHound AI (SOUN-Q) has faced significant challenges this year with a dramatic decline of 59%, following a surge in value the previous year that many experts believe was unwarranted. This decline reflects a broader trend of unprofitable growth tech companies correcting excess valuation. Despite having intriguing technology, SoundHound remains a chronic money-loser, leading to discussions about potential short squeezes in its stock price. While some analysts were surprised by the company's last quarterly performance, which was deemed better than expected, skepticism about its long-term viability remains. A short-term trading opportunity is suggested at a price point of $5-$6, indicating a cautious optimism but highlighting ongoing risks.
SoundHound AI is a American stock, trading under the symbol SOUN-Q on the NASDAQ (SOUN). It is usually referred to as NASDAQ:SOUN or SOUN-Q
In the last year, 2 stock analysts published opinions about SOUN-Q. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for SoundHound AI.
SoundHound AI was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for SoundHound AI.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered SoundHound AI In the last year. It is a trending stock that is worth watching.
On 2025-04-16, SoundHound AI (SOUN-Q) stock closed at a price of $7.76.