SoundHound AI, Inc. (NASDAQ:SOUN – Get Free Report) shares fell 1.8% during mid-day trading on Thursday . The stock traded as low as $6.37 and last traded at $6.68. Approximately 30,846,757 shares were traded during trading, an increase of 13% from the average daily volume of 27,360,816 shares. The stock had previously closed at $6.80.
More SoundHound AI News
Here are the key news stories impacting SoundHound AI this week:
- Positive Sentiment: SoundHound’s enterprise AI strategy is gaining traction, with subscription growth, the OASYS platform, and a planned LivePerson deal supporting its 2026 outlook. SoundHound Stock Outlook as Enterprise AI Adoption Accelerates in 2026
- Positive Sentiment: The company’s revenue growth remains strong, with recent results showing about 52% year-over-year growth and a debt-free balance sheet that supports the long-term AI growth story. Is SOUN Stock a Buy After Revenue Growth and Ongoing Losses in 2026?
- Positive Sentiment: SoundHound’s push into voice AI and agentic AI, including OASYS and acquisitions, could expand its addressable market if management executes well. SoundHound Trends in Voice AI, OASYS and Rising Agentic Demand Today
- Neutral Sentiment: The stock is getting more attention from investors and traders, which can lift volume and volatility, but this alone does not change the business outlook. SoundHound AI, Inc. (SOUN) is Attracting Investor Attention: Here is What You Should Know
- Negative Sentiment: Despite growth, SoundHound is still posting losses, with margin pressure and cash burn keeping many analysts cautious about near-term profitability. Is SOUN Stock a Buy After Revenue Growth and Ongoing Losses in 2026?
- Negative Sentiment: Execution risk remains a concern as investors wait to see whether enterprise AI adoption and recent acquisitions can translate into sustained earnings improvement. SoundHound Trends in Voice AI, OASYS and Rising Agentic Demand Today
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the company. LADENBURG THALM/SH SH raised SoundHound AI to a “strong-buy” rating in a research report on Wednesday, May 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of SoundHound AI in a research note on Monday, June 15th. Finally, DA Davidson reissued a “buy” rating and set a $14.00 price objective on shares of SoundHound AI in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $14.93.
SoundHound AI Stock Performance
The firm has a market capitalization of $2.87 billion, a price-to-earnings ratio of -14.13 and a beta of 2.62. The company has a 50-day moving average price of $7.63 and a 200-day moving average price of $8.23.
SoundHound AI (NASDAQ:SOUN – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The company had revenue of $44.20 million during the quarter, compared to analysts’ expectations of $42.56 million. SoundHound AI had a negative net margin of 91.84% and a negative return on equity of 40.15%. The business’s revenue for the quarter was up 51.7% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.06) earnings per share. On average, research analysts expect that SoundHound AI, Inc. will post -0.45 earnings per share for the current fiscal year.
Insider Buying and Selling at SoundHound AI
In other news, CTO Timothy Stonehocker sold 18,802 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $7.46, for a total value of $140,262.92. Following the completion of the sale, the chief technology officer directly owned 502,290 shares of the company’s stock, valued at approximately $3,747,083.40. The trade was a 3.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider James Ming Hom sold 28,843 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $7.46, for a total value of $215,168.78. Following the completion of the sale, the insider directly owned 743,521 shares of the company’s stock, valued at approximately $5,546,666.66. This trade represents a 3.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 268,022 shares of company stock valued at $1,999,444. 8.84% of the stock is owned by insiders.
Institutional Trading of SoundHound AI
Large investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in SoundHound AI by 4.4% in the 4th quarter. Vanguard Group Inc. now owns 45,367,437 shares of the company’s stock valued at $452,313,000 after buying an additional 1,909,868 shares in the last quarter. Rakuten Securities Inc. lifted its holdings in SoundHound AI by 877.9% in the 4th quarter. Rakuten Securities Inc. now owns 333,605 shares of the company’s stock valued at $3,326,000 after purchasing an additional 299,492 shares in the last quarter. Clear Street Group Inc. acquired a new stake in shares of SoundHound AI during the 3rd quarter worth about $12,944,000. UBS Group AG boosted its stake in shares of SoundHound AI by 77.6% during the 4th quarter. UBS Group AG now owns 6,124,283 shares of the company’s stock worth $61,059,000 after purchasing an additional 2,676,707 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of SoundHound AI by 140.5% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 266,576 shares of the company’s stock worth $2,826,000 after buying an additional 155,743 shares in the last quarter. Institutional investors and hedge funds own 19.28% of the company’s stock.
SoundHound AI Company Profile
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.
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