SoundHound AI Inc (SOUN) Stock Forecast & Price Target
SoundHound AI Inc · NASDAQ
$6.57-0.17 (-2.52%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 7 firms covering SoundHound AI Inc, 5 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets range widely, $7.00 to $20.00 (about 2.9x), a sign of real disagreement on valuation. The average target of $13.33 sits 103% above the current $6.57. The rating mix has stayed broadly stable, with Buy-side ratings easing from 6 to 4 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.04 next quarter toward $-0.15 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS7 ratings
Moderate Buy
Strong Buy00%
Buy571%
Hold229%
Sell00%
Strong Sell00%
Based on 7 analysts giving stock ratings to SoundHound AI Inc.
As of Sep, 4 of 5 firms rate SOUN a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
SOUN EPS & revenue forecast
EPS · NEXT QUARTER
$-0.04
Range $-0.08 – $-0.02 · 4 analysts · +125% YoY
Next period, 4 analysts expect SoundHound AI Inc to earn $-0.04 a share (range $-0.08 – $-0.02), versus $-0.02 a year earlier. Full-year consensus is $-0.18, growing to $-0.15 the year after.
REVENUE · NEXT QUARTER
$70.0M
Range $66.0M – $74.0M · 4 analysts · +27% YoY
Revenue is expected to reach $70.0M (range $66.0M – $74.0M), +27.1% year-over-year. Full-year consensus is $237.1M, rising to $277.1M 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 #217
Buy
$12.00+82.7% to target
Overall win rate
37%
+ Follow
#2
Scott Buck
HC Wainwright & Co. · Rank #420
Buy
$20.00+204.4% to target
Overall win rate
23%
+ Follow
#3
Daniel Ives
Wedbush · Rank #437
Buy
$16.00+143.5% to target
Overall win rate
23%
+ Follow
#4
James Fish
Piper Sandler
Hold
$7.00+6.5% to target
Coverage
—
+ Follow
#5
Gil Luria
DA Davidson
Buy
$10.00+52.2% to target
Coverage
—
+ Follow
SOUN stock forecast FAQ
What is SOUN's average 12-month price target?+
The 6 analysts with a live target average $13.33 for SoundHound AI Inc over the next 12 months, ranging from a $20.00 high to a $7.00 low.
Is SOUN stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 7 analyst ratings, 5 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 $7.00 (Piper Sandler). The average of all 6 active targets is $13.33.
How many Wall Street analysts cover SOUN?+
7 analysts have an active rating on SoundHound AI Inc, and 6 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 #217). 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 $-0.04 per share (range $-0.08 – $-0.02) across 4 analysts. Full-year EPS is projected at $-0.18, rising to $-0.15 the following year.
How much revenue is SoundHound AI Inc expected to report next quarter?+
Consensus revenue is $70.0M (range $66.0M – $74.0M). Full-year revenue is projected at $237.1M, growing to $277.1M next year.
Have analysts been upgrading or downgrading SOUN lately?+
As of Sep, 4 of 5 firms rate SOUN a Buy (1 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.
