SoundHound AI (NASDAQ:SOUN) Stock Price Up 1.2% – What’s Next?

Posted by Francis Steltz on May 14th, 2026

Shares of SoundHound AI, Inc. (NASDAQ:SOUN – Get Free Report) rose 1.2% during trading on Thursday . The stock traded as high as $8.55 and last traded at $8.52. Approximately 18,544,427 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 27,883,688 shares. The stock had previously closed at $8.42.

Wall Street Analyst Weigh In

SOUN has been the topic of several research analyst reports. LADENBURG THALM/SH SH raised shares of SoundHound AI to a “strong-buy” rating in a report on Wednesday, May 6th. HC Wainwright lowered their target price on shares of SoundHound AI from $26.00 to $20.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Piper Sandler reissued a “neutral” rating and issued a $9.00 target price (down from $11.00) on shares of SoundHound AI in a report on Friday, February 27th. DA Davidson reissued a “buy” rating and issued a $14.00 target price on shares of SoundHound AI in a report on Wednesday, April 22nd. Finally, Zacks Research raised shares of SoundHound AI from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, SoundHound AI presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.93.

View Our Latest Stock Analysis on SoundHound AI

SoundHound AI Stock Up 1.2%

The company has a market cap of $3.60 billion, a PE ratio of -18.13 and a beta of 2.58. The stock’s 50 day moving average is $7.55 and its 200-day moving average is $9.90.

SoundHound AI (NASDAQ:SOUN – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). SoundHound AI had a negative net margin of 91.84% and a negative return on equity of 41.46%. The firm had revenue of $44.20 million for the quarter, compared to the consensus estimate of $42.56 million. During the same quarter last year, the firm earned ($0.06) EPS. The company’s revenue was up 51.7% on a year-over-year basis. On average, analysts anticipate that SoundHound AI, Inc. will post -0.34 EPS for the current fiscal year.

Insider Transactions at SoundHound AI

In other news, CFO Nitesh Sharan sold 44,027 shares of the company’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $6.79, for a total value of $298,943.33. Following the transaction, the chief financial officer directly owned 1,661,121 shares in the company, valued at approximately $11,279,011.59. This represents a 2.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Michael Zagorsek sold 52,968 shares of the company’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $6.79, for a total transaction of $359,652.72. Following the completion of the transaction, the chief operating officer owned 1,734,491 shares in the company, valued at approximately $11,777,193.89. The trade was a 2.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 307,973 shares of company stock valued at $2,091,110. Company insiders own 8.84% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. EP Wealth Advisors LLC grew its holdings in shares of SoundHound AI by 5.3% in the second quarter. EP Wealth Advisors LLC now owns 14,100 shares of the company’s stock worth $151,000 after purchasing an additional 706 shares during the last quarter. Newbridge Financial Services Group Inc. grew its holdings in shares of SoundHound AI by 2.7% in the third quarter. Newbridge Financial Services Group Inc. now owns 31,880 shares of the company’s stock worth $513,000 after purchasing an additional 830 shares during the last quarter. Insigneo Advisory Services LLC grew its holdings in shares of SoundHound AI by 7.4% in the third quarter. Insigneo Advisory Services LLC now owns 12,416 shares of the company’s stock worth $200,000 after purchasing an additional 858 shares during the last quarter. Clear Creek Financial Management LLC grew its holdings in SoundHound AI by 1.6% during the 4th quarter. Clear Creek Financial Management LLC now owns 58,091 shares of the company’s stock worth $579,000 after acquiring an additional 941 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in SoundHound AI by 15.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 7,127 shares of the company’s stock worth $115,000 after acquiring an additional 956 shares in the last quarter. 19.28% of the stock is currently owned by institutional investors.

About SoundHound AI

(Get Free Report)

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.