SoundHound AI Inc (SOUN) Stock Forecast & Price Target
SoundHound AI Inc · NASDAQ
$6.24-0.17 (-2.65%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 8 firms covering SoundHound AI Inc, 6 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets range widely, $9.00 to $20.00 (about 2.2x), a sign of real disagreement on valuation. The average target of $14.57 sits 134% above the current $6.24. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 5 to 6 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.03 next quarter toward $-0.12 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS8 ratings
Moderate Buy
Strong Buy00%
Buy675%
Hold225%
Sell00%
Strong Sell00%
Based on 8 analysts giving stock ratings to SoundHound AI Inc.
As of Jul, 6 of 8 firms rate SOUN a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
SOUN EPS & revenue forecast
EPS · NEXT QUARTER
$-0.03
Range $-0.05 – $0.00 · 4 analysts · -17% YoY
Next period, 4 analysts expect SoundHound AI Inc to earn $-0.03 a share (range $-0.05 – $0.00), versus $-0.03 a year earlier. Full-year consensus is $-0.14, growing to $-0.12 the year after.
REVENUE · NEXT QUARTER
$62.8M
Range $59.7M – $64.5M · 4 analysts · +49% YoY
Revenue is expected to reach $62.8M (range $59.7M – $64.5M), +49.4% year-over-year. Full-year consensus is $232.2M, rising to $271.5M next year.
Top analysts covering SoundHound AI Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on SOUN.
#1
Michael Latimore
Northland Capital Markets · Rank #180
Buy
$12.00+92.3% to target
Overall win rate
37%
+ Follow
#2
Scott Buck
HC Wainwright & Co. · Rank #351
Buy
$20.00+220.5% to target
Overall win rate
22%
+ Follow
#3
Daniel Ives
Wedbush · Rank #375
Buy
$16.00+156.4% to target
Overall win rate
23%
+ Follow
#4
James Fish
Piper Sandler
Hold
$9.00+44.2% to target
Coverage
—
+ Follow
#5
Gil Luria
DA Davidson
Buy
$14.00+124.4% to target
Coverage
—
+ Follow
SOUN stock forecast FAQ
What is SOUN's average 12-month price target?+
The 7 analysts with a live target average $14.57 for SoundHound AI Inc over the next 12 months, ranging from a $20.00 high to a $9.00 low.
Is SOUN stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 8 analyst ratings, 6 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for SOUN?+
The Street-high target is $20.00 (HC Wainwright & Co.), and the Street-low is $9.00 (Piper Sandler). The average of all 7 active targets is $14.57.
How many Wall Street analysts cover SOUN?+
8 analysts have an active rating on SoundHound AI Inc, and 7 firms carry a live 12-month price target.
Who is the most accurate analyst covering SOUN?+
Among analysts who currently cover SOUN, Michael Latimore of Northland Capital Markets has the strongest overall Quantellect track record (Rank #180). Their current call is Buy with a $12.00 target.
What is SoundHound AI Inc's projected EPS for next quarter?+
The consensus estimate is $-0.03 per share (range $-0.05 – $0.00) across 4 analysts. Full-year EPS is projected at $-0.14, rising to $-0.12 the following year.
How much revenue is SoundHound AI Inc expected to report next quarter?+
Consensus revenue is $62.8M (range $59.7M – $64.5M). Full-year revenue is projected at $232.2M, growing to $271.5M next year.
Have analysts been upgrading or downgrading SOUN lately?+
As of Jul, 6 of 8 firms rate SOUN a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their SOUN calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
