Wall Street Zen lowered shares of SoundHound AI (NASDAQ:SOUN – Free Report) from a sell rating to a strong sell rating in a research report released on Saturday morning,Wall Street Zen reports.
SOUN has been the topic of several other research reports. Piper Sandler dropped their price target on SoundHound AI from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Tuesday, September 22nd. Weiss Ratings reissued a “sell (e+)” rating on shares of SoundHound AI in a research note on Friday, September 11th. Finally, DA Davidson decreased their target price on SoundHound AI from $12.00 to $10.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $12.75.
Read Our Latest Stock Analysis on SoundHound AI
SoundHound AI Price Performance
SoundHound AI (NASDAQ:SOUN – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.13) by $0.11. The business had revenue of $61.90 million during the quarter, compared to analyst estimates of $52.38 million. SoundHound AI had a negative net margin of 67.45% and a negative return on equity of 30.22%. The business’s quarterly revenue was up 45.0% on a year-over-year basis. During the same period in the prior year, the business earned ($0.19) earnings per share. On average, analysts anticipate that SoundHound AI will post -0.32 earnings per share for the current year.
Insider Activity
In other news, CEO Keyvan Mohajer sold 137,290 shares of SoundHound AI stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $6.33, for a total value of $869,045.70. Following the transaction, the chief executive officer directly owned 3,684,947 shares of the company’s stock, valued at $23,325,714.51. This trade represents a 3.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Majid Emami sold 38,730 shares of SoundHound AI stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $6.33, for a total transaction of $245,160.90. Following the completion of the transaction, the senior vice president directly owned 834,253 shares in the company, valued at approximately $5,280,821.49. This trade represents a 4.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 288,758 shares of company stock valued at $1,828,598. Corporate insiders own 8.84% of the company’s stock.
Institutional Trading of SoundHound AI
Several large investors have recently added to or reduced their stakes in SOUN. SHP Wealth Management purchased a new stake in shares of SoundHound AI in the fourth quarter valued at $27,000. Hollencrest Capital Management raised its position in SoundHound AI by 197.5% during the first quarter. Hollencrest Capital Management now owns 3,615 shares of the company’s stock valued at $25,000 after buying an additional 2,400 shares during the period. Vermillion Wealth Management Inc. raised its position in SoundHound AI by 5,164.8% during the fourth quarter. Vermillion Wealth Management Inc. now owns 4,791 shares of the company’s stock valued at $48,000 after buying an additional 4,700 shares during the period. Clarus Group Inc. acquired a new position in SoundHound AI during the first quarter valued at $69,000. Finally, 180 Wealth Advisors LLC purchased a new stake in SoundHound AI in the 1st quarter worth about $69,000. 19.28% of the stock is owned by institutional investors and hedge funds.
SoundHound AI News Summary
Here are the key news stories impacting SoundHound AI this week:
- Positive Sentiment: OASYS Edge expands SoundHound’s addressable market. The company introduced an architecture that embeds LLM-powered, agentic voice AI directly into vehicles and smart devices. Manufacturers can deploy the same AI agent in cloud, edge or hybrid environments, with availability expected in late 2026. This could support broader adoption and lower deployment costs, although commercial revenue is not immediate. SoundHound AI Introduces OASYS Edge
- Positive Sentiment: Investors continue to focus on SoundHound as an AI growth stock. Recent coverage highlights its revenue growth, narrowing losses and potential to benefit from demand for embedded voice and agentic AI, providing a constructive long-term narrative. Cerebras vs. SoundHound comparison
- Neutral Sentiment: Heavy investor attention is increasing volatility. SoundHound is among the most-watched stocks on Zacks and is being compared with other AI companies as a potential 2026 investment. The attention may support trading interest but does not by itself change the company’s fundamentals. Is Trending Stock SoundHound AI a Buy Now?
- Negative Sentiment: Analyst actions are weighing on sentiment. Piper Sandler lowered its SoundHound price target to $6.00, and separate coverage linked a decline in the stock to an analyst downgrade. The reduced target signals limited near-term upside and reinforces concerns about valuation and continued losses. Piper Sandler Lowers SoundHound Price Target
- Negative Sentiment: Short-selling data suggests potential pressure but is inconsistent. One report places SOUN among stocks with short interest above one-third of the float, while another lists zero shares short, indicating a possible data discrepancy. If the higher figure is accurate, it could amplify volatility and downside risk, though it also creates squeeze potential. Squeeze Watch: Stocks With High Short Interest
About SoundHound AI
SoundHound AI, Inc develops conversational artificial intelligence and voice-enabled technologies. Its platform is designed to let users interact with devices, applications and services through natural-language speech, supporting functions such as information retrieval, question answering and task completion.
The company’s offerings include the Houndify conversational AI platform, which businesses can use to build branded voice assistants, as well as SoundHound Chat AI, an in-car and consumer-oriented voice assistant that combines conversational capabilities with access to information and services.
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