Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
28 April 2022Website:
http://www.soundhound.comNext earnings report:
28 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 21 Nov 2024 00:59:48 GMTDividend
Analysts recommendations
Institutional Ownership
SOUN Latest News
What's Going on With SoundHound Stock?
SoundHound AI stock's recent breakout has justified my bullish thesis. The stock has significantly outperformed the S&P 500 since my last update. SoundHound AI's upgraded outlook clarifies its ability to reach profitability by the end of 2025. SOUN has expanded its enterprise Voice AI solutions, entering new industry growth verticals.
Despite a strong AI-backed portfolio and an expanding clientele, SOUN's modest near-term prospects make the stock a risky buy.
SoundHound Shares Sink Despite Surging Revenue. Is It Time to Buy the Stock on a Dip?
This Magnificent Artificial Intelligence (AI) Stock Has Crushed Nvidia in the Past Year. Can It Continue to Skyrocket in 2025?
Should You Buy SoundHound Stock Right Now?
Is it time to buy SoundHound AI? Explore the social media hype and real business strengths behind the rise.
SoundHound AI (SOUN) shares plunged 16% Wednesday, a day after the provider of artificial intelligence (AI) voice technology software reported a big drop in gross margin.
SoundHound AI third-quarter 2024 results reflect strong demand for AI solutions, expanding customer base across key industries.
SoundHound AI's reported growth is misleading; pro forma revenues actually declined 10% in Q3, revealing underlying business weaknesses. The Amelia acquisition contributed far more to revenue targets than originally suggested. Despite beating EPS estimates, SoundHound AI's adjusted EBITDA loss doubled, and the share count surged, inflating the market cap to nearly $3 billion.
What type of business is SoundHound AI?
SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant. The company's products also include CaiNET software that uses machine learning to enhance how domains work together to handle queries; CaiLAN software that arbitrates responses so users get answers from the right domain; Dynamic Interaction a real-time, multimodal customer service interface; Smart Ordering which offers an easy-to-understand voice assistant for restaurants; Employee Assist; automatic speech recognition; natural language understanding; wake words; custom domains; text-to-speech; and embedded voice solutions. The company was founded in 2005 and is headquartered in Santa Clara, California.
What sector is SoundHound AI in?
SoundHound AI is in the Technology sector
What industry is SoundHound AI in?
SoundHound AI is in the Software Application industry
What country is SoundHound AI from?
SoundHound AI is headquartered in United States
When did SoundHound AI go public?
SoundHound AI initial public offering (IPO) was on 28 April 2022
What is SoundHound AI website?
https://www.soundhound.com
Is SoundHound AI in the S&P 500?
No, SoundHound AI is not included in the S&P 500 index
Is SoundHound AI in the NASDAQ 100?
No, SoundHound AI is not included in the NASDAQ 100 index
Is SoundHound AI in the Dow Jones?
No, SoundHound AI is not included in the Dow Jones index
When was SoundHound AI the previous earnings report?
No data
When does SoundHound AI earnings report?
The next expected earnings date for SoundHound AI is 28 February 2025