SoundHound Stock Is Up Over 700% This Year. Analyst Says It Has More Room to Run.
SoundHound AI stock has had a massive run in 2024, and a Wedbush analyst is confident the its artificial intelligence voice technology will help push the stock even higher in the new year. Dan Ives increased his price target on SoundHound to $22 from $10 on Monday,
Nvidia-Backed SoundHound AI Stock Hits All-Time High
Key Takeaways SoundHound AI stock closed at a record high Monday after Wedbush raised its price target for the company.Analysts said the company is seeing strong demand for its AI voice solutions.SoundHound AI is backed in part by Nvidia.
SoundHound's stock on pace for new all-time high
Shares of SoundHound AI Inc., which provides voice-technology software powered by artificial intelligence, are up 4.4% to $17.66 in premarket trading, continuing the stock's rise recent rise. SoundHound shares ended Friday's session up 23.
Is SoundHound AI Stock a Buy Now?
SoundHound also improved its customer concentration and now relies less on a handful of large customers for the majority of its revenue. Just 12% of sales are attributed to its large customers now, down from 72% last year. This is a healthier revenue mix and means SoundHound's business would be less affected by one or two large customers leaving.
‘Stay Grounded,’ Says Investor About SoundHound AI Stock
SoundHound AI (NASDAQ:SOUN) stock has had a phenomenal run this year, skyrocketing a remarkable 698% in 2024 and 82% this month alone. The
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SoundHound AI Gains Momentum with Nvidia Collaboration, Wedbush Raises Price Target
The Nvidia cooperation changed SoundHound's advantage speech generative AI technology, claims Wedbush analysts. This method ...
SoundHound price target raised to $22 from $10 at Wedbush
Wedbush analyst Daniel Ives raised the firm’s price target on SoundHound (SOUN) to $22 from $10 and keeps an Outperform rating on the shares.
What's Going On With SoundHound AI Stock?
SoundHound AI stock rose some 23.7% on Friday following several notable announcements from the company regarding conversational AI. SoundHound also recently partnered with Church's Texas Chicken to ...
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SoundHound AI Inc (SOUN) Stock Surge: The Transparent Factors Exposed
SoundHound AI Inc (SOUN) stock saw a modest uptick, ending the day at $16.91 which represents a slight increase of $3.24 or 23.70% from the prior close of $13.67. The stock opened at $13.79 and ...
Where Will SoundHound AI Stock Be in 1 Year?
If you put $10,000 into SoundHound AI ( SOUN -4.75%) stock one year ago, you have $61,800 today. That's an eyewatering return ...
Analysts Offer Insights on Technology Companies: SoundHound AI, Inc Class A (SOUN) and A10 Networks (ATEN)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on SoundHound AI, Inc Class A (SOUN – Research ...
SoundHound AI Shares Are Surging Friday: What You Need To Know
Shares of SoundHound AI, Inc. (NASDAQ: SOUN) are trading higher Friday following a series of favorable announcements ...
SoundHound AI’s Amelia Platform Recognized as Frost Radar™ Leader in Enterprise Conversational AI in Healthcare 2024
SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that its Amelia ...
SoundHound Called 'Underappreciated Pure Play AI Company'
SoundHound AI stock scored a price-target hike as the maker of conversational AI voice technology continues its meteoric rise ...