NASDAQ:SOUN - Nasdaq - US8361001071 - Common Stock - Currency: USD
INOD and SOUN are riding the AI wave with surging sales, but their risk-reward profiles tell two very different stories.
Finding stocks with high short interest can be a lucrative strategy, since short squeezes typically deliver outsized returns for buyers.
Mentions: AMBA
Just three years ago, OpenAI's ChatGPT hit the scene, transforming the way people interact with information and spawning a brand new sector called generative artificial intelligence (AI). Over the next three years, investors should expect consumer-facing software companies like SoundHound AI (NASDAQ: SOUN) to play an increasingly important role in this opportunity -- potentially minting plenty of fortunes as they bring this technology into people's daily lives. There is no shortage of grandiose projections about generative AI, with analysts at Bloomberg expecting the industry to expand at a compound annual growth rate (CAGR) of 42% over the next decade.
Artificial intelligence (AI) stocks soared over the past two years as investors got excited about this potentially game-changing technology. Over 2023 and 2024, SoundHound stock surged 1,000%, outperforming AI market superstar Nvidia, which climbed 800% during that period.
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Here’s what could be next for the new AI stock.
On Tuesday, Piper Sandler initiated coverage of SoundHound AI Inc. (NASDAQ:SOUN) with an Overweight rating and a $12 price target. The firm identifies SoundHound as a direct play on the AI revolution due to its voice AI platform. Piper Sandler analysts, including James E. Fish and Caden Dahl, highlight SoundHound’s competitive advantage in delivering dynamic […]
From voice assistants to media intelligence-SOUN and VERI race to AI relevance. Who leads now?
We recently published a list of These 10 Stocks Exploded by Double Digits Today. In this article, we are going to take a look at where SoundHound AI, Inc. (NASDAQ:SOUN) stands against other best-performing stocks. SoundHound AI grew its share prices by 16.08 percent on Tuesday—a third consecutive day—to finish at $11.12 apiece as investors […]
AMD, Block upgraded: Wall Street's top analyst calls
/PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against SoundHound AI, Inc. ("SoundHound" or "the Company") (NASDAQ: SOUN) for...
/PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against SoundHound AI, Inc. ("SoundHound" or the "Company") (NASDAQ: SOUN)...
Broadcom is profitable and tapping into a massive artificial intelligence (AI) semiconductor market. Broadcom is profitable, while SoundHound is still reporting significant losses. Artificial intelligence (AI) is already permeating many industries, transforming customer service, data analysis, financial services, and much more.
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Shares of the voice recognition specialist have plummeted in value this year. More specifically, it has developed a voice AI suite that can help companies integrate voice AI into their own businesses.
No trend is bigger than artificial intelligence right (AI) now, and SoundHound AI (NASDAQ: SOUN) is right at the center of the movement. Currently, SoundHound AI has a valuation of $4 billion. To meet the 100 times growth threshold, SoundHound AI would need to grow into a $400 billion company from today's prices.