SoundHound AI (NASDAQ:SOUN – Get Free Report) will likely be posting its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect SoundHound AI to post earnings of ($0.05) per share and revenue of $52.4590 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, August 5, 2026 at 5:00 PM ET.
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 (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The company had revenue of $44.20 million for the quarter, compared to the consensus estimate of $42.56 million. SoundHound AI had a negative return on equity of 40.15% and a negative net margin of 91.84%.The business’s revenue for the quarter was up 51.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.06) EPS. On average, analysts expect SoundHound AI to post $-0 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
SoundHound AI Stock Performance
Shares of SOUN traded up $0.06 during trading hours on Tuesday, reaching $6.47. 13,008,381 shares of the company traded hands, compared to its average volume of 27,998,291. The stock’s fifty day moving average is $7.13 and its 200 day moving average is $7.88. SoundHound AI has a 1-year low of $5.83 and a 1-year high of $22.17. The stock has a market cap of $2.80 billion, a P/E ratio of -13.80 and a beta of 2.62.
Insider Activity
Institutional Investors Weigh In On SoundHound AI
Large investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. increased its holdings in SoundHound AI by 83.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,336 shares of the company’s stock valued at $25,000 after purchasing an additional 1,060 shares in the last quarter. Danske Bank A S acquired a new position in SoundHound AI in the third quarter worth $26,000. Parallel Advisors LLC grew its holdings in shares of SoundHound AI by 42.8% during the third quarter. Parallel Advisors LLC now owns 3,204 shares of the company’s stock worth $52,000 after purchasing an additional 960 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in shares of SoundHound AI by 58.2% during the fourth quarter. Advisors Asset Management Inc. now owns 7,012 shares of the company’s stock worth $70,000 after purchasing an additional 2,579 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in shares of SoundHound AI by 20.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,583 shares of the company’s stock valued at $86,000 after buying an additional 1,456 shares in the last quarter. 19.28% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
SOUN has been the topic of several research reports. LADENBURG THALM/SH SH upgraded SoundHound AI to a “strong-buy” rating in a research note on Wednesday, May 6th. DA Davidson reissued a “buy” rating and set a $14.00 price objective on shares of SoundHound AI in a report on Wednesday, April 22nd. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of SoundHound AI in a research report on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $14.93.
View Our Latest Report on SOUN
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.
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