Analysts Set SoundHound AI, Inc. (NASDAQ:SOUN) PT at $14.93

Shares of SoundHound AI, Inc. (NASDAQ:SOUN) have been assigned a consensus recommendation of “Moderate Buy” from the ten research firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $14.9286.

A number of analysts have recently issued reports on the stock. HC Wainwright reduced their price objective on shares of SoundHound AI from $26.00 to $20.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Zacks Research raised shares of SoundHound AI from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. DA Davidson set a $14.00 target price on shares of SoundHound AI in a research note on Thursday, January 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SoundHound AI in a research note on Friday, January 9th. Finally, Piper Sandler reaffirmed a “neutral” rating and set a $9.00 target price (down from $11.00) on shares of SoundHound AI in a research note on Friday, February 27th.

Insider Activity at SoundHound AI

In related news, CFO Nitesh Sharan sold 44,027 shares of the firm’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $6.79, for a total transaction of $298,943.33. Following the completion of the transaction, the chief financial officer directly owned 1,661,121 shares of the company’s stock, valued at approximately $11,279,011.59. This trade represents a 2.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider James Ming Hom sold 31,019 shares of the firm’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $6.79, for a total transaction of $210,619.01. Following the transaction, the insider directly owned 772,364 shares of the company’s stock, valued at $5,244,351.56. The trade was a 3.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 307,973 shares of company stock valued at $2,091,110 in the last ninety days. Corporate insiders own 9.17% of the company’s stock.

Hedge Funds Weigh In On SoundHound AI

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in SoundHound AI by 16.4% during the third quarter. Vanguard Group Inc. now owns 43,457,569 shares of the company’s stock valued at $698,798,000 after purchasing an additional 6,132,648 shares during the last quarter. Morgan Stanley lifted its position in SoundHound AI by 48.1% during the fourth quarter. Morgan Stanley now owns 8,987,522 shares of the company’s stock valued at $89,606,000 after purchasing an additional 2,917,280 shares during the last quarter. UBS Group AG lifted its position in SoundHound AI by 77.6% during the fourth quarter. UBS Group AG now owns 6,124,283 shares of the company’s stock valued at $61,059,000 after purchasing an additional 2,676,707 shares during the last quarter. Voloridge Investment Management LLC lifted its position in SoundHound AI by 2,259.7% during the fourth quarter. Voloridge Investment Management LLC now owns 2,199,511 shares of the company’s stock valued at $21,929,000 after purchasing an additional 2,106,298 shares during the last quarter. Finally, Jump Financial LLC bought a new position in SoundHound AI during the third quarter valued at $21,679,000. 19.28% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting SoundHound AI

Here are the key news stories impacting SoundHound AI this week:

• Positive Sentiment: Announced acquisition of LivePerson — combines SoundHound’s voice/agentic AI with LivePerson’s digital messaging, gives the combined company a large enterprise footprint (including 25 of the Fortune 100), a stated $500M revenue opportunity, and an asserted path to profitability and net‑debt free balance sheet. This is a transformational M&A deal that materially expands addressable market and enterprise customers. SoundHound AI To Acquire LivePerson (GlobeNewswire)
• Positive Sentiment: Raised FY‑2027 revenue guidance to $350M–$400M vs. consensus ~ $279M — the updated guidance implies significantly faster top‑line growth and helps the company’s path to profitability; EPS guidance detail was not provided in the release. (Guidance release earlier today.)
• Positive Sentiment: Commercial traction: Associated Carrier Group members announced they will use SoundHound’s AI platform for customer service/staff experience (expands telco channel and TAM). This supports near‑term revenue momentum outside marquee enterprise deals. Can SoundHound AI (SOUN) Maintain Its Robust Growth? (InsiderMonkey)
• Neutral Sentiment: Positive analyst/media attention and trending‑stock coverage — several outlets and broker notes are highlighting SOUN as an AI‑growth story, which can support sentiment but isn’t a guaranteed catalyst for sustained gains. Here Is What to Know Beyond Why SoundHound AI, Inc. (SOUN) is a Trending Stock (Zacks)
• Neutral Sentiment: Intraday rallies earlier in the session showed buyers stepping in on the deal/guidance news, but the move was uneven across the tech sector. SoundHound AI (SOUN) Stock Climbs 3% Despite Broader Tech Sector Weakness (Blockonomi)
• Negative Sentiment: Shares are down on the day with unusually high volume — the market is digesting the large M&A and guidance jump; some investors may be taking profits or reacting to integration/execution risk and dilution concerns. SoundHound AI, Inc. (SOUN) Declines More Than Market (Zacks)
• Negative Sentiment: Ongoing profitability and valuation concerns remain — SOUN still shows negative net margin and a negative P/E (losses forecasted), so failure to execute on the LivePerson integration or to hit upgraded guidance could pressure the stock. (See recent company financials and analyst EPS estimates.)

SoundHound AI Price Performance

Shares of NASDAQ SOUN opened at $7.85 on Wednesday. The firm has a fifty day moving average price of $7.43 and a 200-day moving average price of $10.94. The stock has a market cap of $3.32 billion, a PE ratio of -156.97 and a beta of 2.71. SoundHound AI has a 1 year low of $5.83 and a 1 year high of $22.17.

SoundHound AI (NASDAQ:SOUN) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.02). The firm had revenue of $55.06 million during the quarter, compared to analysts’ expectations of $53.88 million. SoundHound AI had a negative net margin of 8.71% and a negative return on equity of 3.63%. The company’s revenue for the quarter was up 59.4% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.05) earnings per share. On average, research analysts expect that SoundHound AI will post -0.34 EPS for the current year.

About SoundHound AI

SoundHound AI, Inc is a voice AI and conversational intelligence company specializing in speech recognition, natural language understanding and sound identification technologies. Founded in 2005 and headquartered in Santa Clara, California, the company initially gained recognition with its music discovery app before pivoting to enterprise-grade voice AI solutions. Over the years, SoundHound AI has built a comprehensive platform that enables developers and businesses to embed conversational intelligence into a wide range of products and services.

The company’s core offering is the Houndify voice AI platform, which provides customizable speech-to-meaning technology, domain-specific natural language understanding and text-to-speech capabilities.