SoundHound AI, Inc. develops voice-enabled artificial intelligence (AI) and conversational intelligence technology solutions. Its products include Hound, a voice-enabled search engine that provides entertainment, information, and communication services; and SoundHound, a music search and discovery solution that identifies songs, plays music and lyrics, and allows users to share music and entertainment content. The company also provides Houndify, a solution that understands text and voice input; provides speech recognition and speech-to-meaning solutions, including natural language understanding solutions; understands complex and compound queries, and supports context and follow-up queries. The company is based in Santa Clara, California.
IPO Year:
Exchange: NASDAQ
Website: https://www.soundhound.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/9/2024 | $5.00 → $7.00 | Neutral → Overweight | Cantor Fitzgerald |
4/11/2024 | $4.90 | Underweight → Neutral | Cantor Fitzgerald |
3/20/2024 | Overweight → Underweight | Cantor Fitzgerald | |
2/28/2024 | Outperform → Market Perform | Northland Capital | |
1/30/2024 | $4.00 | Buy | Ladenburg Thalmann |
9/27/2023 | $5.00 | Buy | DA Davidson |
9/5/2023 | $5.00 | Buy | H.C. Wainwright |
11/30/2022 | Neutral → Overweight | Cantor Fitzgerald |
New Brand ID and Onboarding & Education Features Enhance Automotive Capabilities and Consumer Engagement SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced its SoundHound Chat AI voice assistant has launched new customization tools to help transform how automotive brands interact with their customers within the vehicle. The new features are currently being piloted with some of SoundHound's OEM partners. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240905886858/en/SoundHound Chat AI's new customization tools will help transform how automotive brands interact with their custome
SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, announced today that it will participate in the following investor events in September: Nitesh Sharan, CFO of SoundHound, will participate at the H.C. Wainwright Annual Global Investment Conference in New York. The presentation will be broadcast live at 10:30am PT/1:30pm ET on September 9. You can register to view here. Nitesh Sharan, CFO of SoundHound, will participate at the Piper Sandler Growth Frontiers Conference in Nashville, TN. The presentation will be broadcast live at 8:30am PT/11:30am ET on September 11. You can register to view here. In addition, SoundHound AI will participate in one-on
Enabled by Amelia – recently acquired by SoundHound AI – MUSC Health's new AI agent streamlines patient appointment management SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced that MUSC Health has deployed an AI agent, powered by its Amelia Patient Engagement solution, to enhance patient access. MUSC Health's new AI agent, named Emily, leverages Amelia's integration with Epic to enable personalized, simplified, and efficient patient self-service. Amelia was recently acquired by SoundHound AI. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240828064869/en/Enabled by Amelia – r
Acquires Amelia, an enterprise conversational AI leader, to significantly expand to new verticals across finance, insurance, and healthcare SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today reported its financial results for the second quarter 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240808933986/en/SoundHound AI Reports 54% Growth and Record Q2 Revenue of $13.5 Million; Closes Quarter With Over $200 Million in Cash (Graphic: Business Wire) "This has been a milestone quarter, with strong customer momentum across all of our key industries – including several new global brands
Amelia brings a strong legacy in enterprise AI along with customer service contracts from multinationals across finance, insurance, retail, and healthcare SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced the acquisition of Amelia, a leading enterprise AI software company. The business combination positions SoundHound AI as the foremost provider of voice and conversational generative AI, with reach across multiple industries – including retail, financial services, healthcare, automotive, smart devices, restaurants, and more. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2024080
SoundHound Chat AI, an in-vehicle assistant with integrated ChatGPT, launches with two more flagship Stellantis brands SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced its SoundHound Chat AI voice assistant with integrated ChatGPT will be live in Alfa Romeo and Citroën vehicles across multiple European markets. This marks a further expansion for the breakthrough technology, and the latest two Stellantis flagship brands to embrace SoundHound AI's category-leading voice assistant. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240730218763/en/SoundHound Chat AI Voice Assistant
SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced that it will report its 2024 second quarter financial results on Thursday, August 8, 2024 after market close. The company will host a conference call and webcast to review the results on the same day. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240724570837/en/SoundHound AI To Report 2024 Second Quarter Financial Results, Host Conference Call and Webcast on August 8 (Graphic: Business Wire) Conference Call and Webcast Information Keyvan Mohajer, Co-Founder and CEO, and Nitesh Sharan, CFO, will host the conference call at 2:0
Customers of the popular family sports restaurant can now place phone orders via an advanced AI voice assistant SoundHound AI, Inc. (NASDAQ:SOUN) ("SoundHound"), a global leader in voice artificial intelligence, and Beef 'O' Brady's, the family sports bar and grill chain, today announced a collaboration to enable customers to place phone orders for pick-up via a sophisticated voice AI ordering system. The popular restaurant chain operates in more than 20 states across the US. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240717148262/en/SoundHound AI and Beef 'O' Brady's today announced a collaboration to enable customers to
In-vehicle voice assistant with integrated ChatGPT capabilities expands its presence across Stellantis brands SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced its SoundHound Chat AI voice assistant with integrated ChatGPT is now live and in production in Peugeot, Opel, and Vauxhall vehicle brands across 11 European markets including Austria, France, Germany, Italy, Spain, and the United Kingdom. By the end of July, the rollout will be extended to 17 markets in 12 different languages. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240710077406/en/SoundHound Chat AI Launches in
USA News Group CommentaryIssued on behalf of Scope AI Corp. VANCOUVER, BC, June 28, 2024 /PRNewswire/ -- With the advent of the artificial intelligence (AI) revolution, so too comes a major shift across multiple industries. In creative industries, AI is leading to new tools, but also job cuts. Billionaire Steve Cohen and his Point72 Ventures recently laid off its fintech team, in a pivot towards AI. Several investment firms are making this shift as well, including Capital Group, UBS, and SoftBank. Even Goldman Sachs has deployed its first Generative AI tool across the firm for code generation to its thousands of developers by the end of the month. However, another new wrinkle has arrived on
Cantor Fitzgerald upgraded SoundHound AI from Neutral to Overweight and set a new price target of $7.00 from $5.00 previously
Cantor Fitzgerald upgraded SoundHound AI from Underweight to Neutral and set a new price target of $4.90
Cantor Fitzgerald downgraded SoundHound AI from Overweight to Underweight
Northland Capital downgraded SoundHound AI from Outperform to Market Perform
Ladenburg Thalmann initiated coverage of SoundHound AI with a rating of Buy and set a new price target of $4.00
DA Davidson initiated coverage of SoundHound AI with a rating of Buy and set a new price target of $5.00
H.C. Wainwright initiated coverage of SoundHound AI with a rating of Buy and set a new price target of $5.00
Cantor Fitzgerald upgraded SoundHound AI from Neutral to Overweight
Acquires Amelia, an enterprise conversational AI leader, to significantly expand to new verticals across finance, insurance, and healthcare SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today reported its financial results for the second quarter 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240808933986/en/SoundHound AI Reports 54% Growth and Record Q2 Revenue of $13.5 Million; Closes Quarter With Over $200 Million in Cash (Graphic: Business Wire) "This has been a milestone quarter, with strong customer momentum across all of our key industries – including several new global brands
Amelia brings a strong legacy in enterprise AI along with customer service contracts from multinationals across finance, insurance, retail, and healthcare SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced the acquisition of Amelia, a leading enterprise AI software company. The business combination positions SoundHound AI as the foremost provider of voice and conversational generative AI, with reach across multiple industries – including retail, financial services, healthcare, automotive, smart devices, restaurants, and more. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2024080
SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced that it will report its 2024 second quarter financial results on Thursday, August 8, 2024 after market close. The company will host a conference call and webcast to review the results on the same day. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240724570837/en/SoundHound AI To Report 2024 Second Quarter Financial Results, Host Conference Call and Webcast on August 8 (Graphic: Business Wire) Conference Call and Webcast Information Keyvan Mohajer, Co-Founder and CEO, and Nitesh Sharan, CFO, will host the conference call at 2:0
Company Raises Full Year Revenue Outlook SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today reported its financial results for the first quarter 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240509392903/en/SoundHound AI Reports 73% Q1 Revenue Growth to $11.6 Million; First Quarter Closes With $226 Million in Cash (Graphic: Business Wire) "Our first quarter sets the tone for 2024 as another year of strong growth for SoundHound. Voice AI is fast becoming a must-have tool for customer service, and that's reflected in the demand we're seeing for subscriptions," said Keyvan Mohajer, C
SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced that it will report its 2024 first quarter financial results on Thursday, May 9, 2024 after market close. The company will host a conference call and webcast to review the results on the same day. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240422037554/en/SoundHound AI To Report 2024 First Quarter Financial Results, Host Conference Call and Webcast on May 9 (Graphic: Business Wire) Conference Call and Webcast Information Keyvan Mohajer, Co-Founder and CEO, and Nitesh Sharan, CFO, will host the conference call at 2:00 p.m. P
Combined Cumulative Subscriptions & Bookings Backlog of $661 Million Represents a 2x increase Year-Over-Year SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today reported its financial results for the fourth quarter and full year 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240229968938/en/SoundHound AI Reports Record Quarter with 80% Q4 Revenue Growth to $17.1 Million; Adjusted EBITDA Improved by 80% Year-Over-Year in Q4 (Graphic: Business Wire) "This was a breakthrough year in which SoundHound rapidly integrated powerful new generative AI capabilities. Our real-world voice AI app
SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced that it will report its 2023 fourth quarter and full year financial results on Thursday, February 29, 2024 after market close. The company will host a conference call and webcast to review the results on the same day. Conference Call and Webcast Information Keyvan Mohajer, Co-Founder and CEO, and Nitesh Sharan, CFO, will host the conference call at 2:00 p.m. PT / 5:00 p.m. ET. A live audio webcast will be available at investors.soundhound.com and a replay will be available at the same location. If you wish to receive company email notifications, please register at https://investors.sou
Merger will create a new AI market leader with over 10,000 restaurant locations and best-in-class voice AI solutions SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced a definitive merger agreement to acquire SYNQ3 Restaurant Solutions, a leading provider of voice AI and other technology solutions to the restaurant industry. The deal will make SoundHound the preeminent U.S. provider of voice AI for restaurants, significantly extending its market reach by an order of magnitude to over 10,000 signed locations and accelerating the deployment of leading-edge generative AI capabilities to the industry. SYNQ3 will add large brands spanning dri
SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today reported its financial results for the third quarter of 2023. The financial data presented in this press release should be considered preliminary until the company files its 10-Q. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231109631031/en/SoundHound AI Reports Record Third Quarter, Revenue Increases to $13.3 Million, Adjusted EBITDA Improves 57% Year Over Year (Graphic: Business Wire) "Our third quarter was another milestone for revenue, and at the same time marked a significant ramping up of our business," said Keyvan Mohajer, CEO and
SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, announced that it will report its 2023 third quarter financial results on Thursday, November 9, 2023 after market close. The company will host a conference call and webcast to review the results on the same day. Conference Call and Webcast Information Keyvan Mohajer, Co-Founder and CEO, and Nitesh Sharan, CFO, will host the conference call at 2:00 p.m. PT / 5:00 p.m. ET. A live audio webcast will be available at investors.soundhound.com and a replay will be available at the same location. If you wish to receive company email notifications, please register at https://investors.soundhound.com/ir-resourc
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USA News Group CommentaryIssued on behalf of Scope AI Corp. VANCOUVER, BC, June 21, 2024 /PRNewswire/ -- USA News Group – How we embrace this surging adoption of artificial intelligence (AI) in the economy of the future remains up for debate. Already, we're seeing the impact of AI adoption in the workplace, in culture, and in finance, but it won't end there. According to Goldman Sachs, AI is showing "very positive" signs of eventually boosting GDP and productivity, while some experts are remarking that the generative AI tech wave is sweeping in much faster (maybe 10x) than early internet. Behind the scenes, tech developers are building AI-powered tools that could potentially revolutionize pr
The acquisition will ultimately enable consumers to use cutting-edge voice AI to order food from their vehicles, phones, and smart devices SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced the acquisition of key assets from Allset, an online ordering platform that connects restaurants and local customers. As part of the acquisition, Allset's team will be joining SoundHound, further strengthening the company's capabilities and commitment to innovation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240620384616/en/SoundHound AI Acquires Ordering Platform Allset to Fast-Track It
Voice AI from SoundHound understands natural human speech; Drives more orders and frees up employees SoundHound AI, Inc (NASDAQ:SOUN) ("SoundHound"), a global leader in voice artificial intelligence, today announced that it has integrated with Olo (NYSE:OLO), a leading restaurant SaaS provider, to make its technology available to any of the approximately 77,000 locations using Olo's solutions. Joining Olo's partner program, Olo Connect, now even more restaurants will be able to process voice orders placed at the drive thru, in-store kiosk, or over the phone with high speed and accuracy using artificial intelligence. This press release features multimedia. View the full release here: http
SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced the appointment of PricewaterhouseCoopers LLP ("PwC") as the Company's independent registered public accounting firm, effective September 13, 2023. PwC replaces the Company's former auditor, Armanino LLP. The appointment of PwC was made by the Audit Committee of the Board of Directors of SoundHound AI, Inc. As a result of the new appointment, PwC will review the Company's third quarter ended September 30, 2023 and audit the Company's consolidated financial statements for the full year ended December 31, 2023. Please refer to the company's 8-K filings on August 4 and September 13 for mo
The Russell 2000 index of small caps, tracked by the iShares Russell 2000 ETF (NYSE:IWM), recorded its best weekly performance since October 2023, surging over 6% and reaching its highest level since January 2022. The rally was largely driven by Thursday’s session, where the Russell 2000 posted a remarkable 3.6% daily gain. This spike followed lower-than-expected June inflation data, which fueled speculation of potential interest rate cuts. However, Quincy Krosby, chief global strategist for LPL Financial, advises caution, suggesting that Russell 2000’s rate cut message may be “clouded by Fed’s concerns over labor market.” Krosby thinks a weaker labor market would still hurt the eco
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SoundHound AI Inc (NASDAQ:SOUN) shares are trading higher Thursday after rallying more than 22% on Tuesday after the company provided an update on its ChatGPT-integrated voice assistant. What To Know: SoundHound on Wednesday announced that its Chat AI voice assistant with integrated ChatGPT is now live and in production in Peugeot, Opel, and Vauxhall vehicle brands across 11 European markets including Austria, France, Germany, Italy, Spain and the United Kingdom. SoundHound expects to enter 17 total markets by the end of July. For certain previously released models, SoundHound Chat AI with integrated ChatGPT will be available on-demand and can be delivered over-the-air with no need to
Major U.S. indices ended higher on Wednesday, with the Dow Jones Industrial Average increasing by 1.1% to 39,271.36, the S&P 500 gaining nearly 1% to reach 5,633.91, and the tech-heavy Nasdaq climbing 1.2% to 18,647.45. On Wednesday, Federal Reserve Chair Jerome Powell outlined the conditions needed for the central bank to lower rates during his Congressional testimony, emphasizing the necessity for sustained inflation reduction towards 2% and considering potential labor market weaknesses. These are the top stocks that gained the attention of retail traders and investors throughout the day: Palantir Technologies Inc. (NYSE:PLTR) Palantir’s stock closed the day with a 3.76% gain a
SoundHound AI Inc (NASDAQ:SOUN) shares are trading higher Wednesday after the company announced that its ChatGPT-integrated voice assistant is now live and in production in Peugeot, Opel and Vauxhall vehicle brands in Europe. What To Know: The SoundHound Chat AI voice assistant with integrated ChatGPT is now live and in production in Peugeot, Opel, and Vauxhall vehicle brands across 11 European markets including Austria, France, Germany, Italy, Spain and the United Kingdom. SoundHound said it expects to enter into 17 total markets by the end of July. For certain previously released models, SoundHound Chat AI with integrated ChatGPT will be available on-demand and can be delivered over