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 |
|---|---|---|---|
| 11/13/2024 | $7.00 | Buy → Neutral | Ladenburg Thalmann |
| 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 |
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
Lucid Motors is the First Customer to Benefit from the Combination of SoundHound's Advanced Voice AI and NVIDIA AI Enterprise, Providing Enhanced Performance, Accuracy, and Efficiency SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced an expanded collaboration with NVIDIA, integrating NVIDIA AI Enterprise to accelerate inference and retrieval capabilities. By integrating SoundHound's world-class voice AI technology with NVIDIA NIM and NeMo microservices— part of the NVIDIA AI Enterprise software platform—SoundHound is driving low-latency AI processing, real-time retrieval-augmented generation (RAG), and scalable model optimization—helping
SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced its participation in the following investor conference in March. Nitesh Sharan, SoundHound's Chief Financial Officer, will present at the Cantor Global Technology Conference in New York. The event will take place on March 11 at 8:20 AM PT / 11:20 AM ET. The presentation will be streamed live, with a webcast registration link available in advance on SoundHound's investor relations website at investors.soundhound.com. If you wish to receive company updates via email, please register here. About SoundHound AI SoundHound (NASDAQ:SOUN), a global leader in conversational intelligence, offers v
Strong year-end performance propels the company to the top end of revenue guidance range with strong momentum in voice-enabled Agentic AI Company closes the year with nearly $200 million in cash and no debt SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today reported its financial results for the fourth quarter and full year 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250227063191/en/SoundHound AI Reports Record Fourth Quarter Revenue, Up 101%, Exceeding $34.5 Million; Raises Full Year Outlook (Graphic: Business Wire) "We had a breakthrough year, expanding our leadership pos
Company's AI-Powered Solutions Elevate Customer Experience and Maximize Revenue with Seamless Ordering Across Drive-Thru, Including Call-to-Order, Text-to-Order, Scan-to-Order, and In-Car Voice Ordering SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced the next generation of its voice AI-powered platform for restaurants, enhancing its Dynamic Drive-Thru solution's accuracy, speed, and adding seamless omnichannel ordering. Now, restaurants can extend their AI automation beyond the drive-thru to include Call-to-Order, Text-to-Order, Scan-to-Order, and In-Car Voice Ordering. This press release features multimedia. View the full release here
SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced that it will report its 2024 fourth quarter and full year financial results on Thursday, February 27, 2025 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/20250212452885/en/SoundHound AI To Report 2024 Fourth Quarter and Full Year Financial Results, Host Conference Call and Webcast on February 27 (Graphic: Business Wire) Conference Call and Webcast Information Keyvan Mohajer, Co-Founder and CEO, and Nitesh Sharan, CFO, wi
First-Of-Its-Kind Feature Delivers Highly Personalized In-Vehicle Voice Assistants, Strengthening Brand Identity and Consumer Experience SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced the launch of Brand Personalities, a groundbreaking feature for its SoundHound Chat AI Automotive voice assistant – making it the first in-vehicle assistant to offer distinct, customizable personas tailored to each automaker's unique brand identity, designed to enhance both the user experience and brand loyalty for OEMs. Brand Personalities enables car makers to control the entire personality of their voice assistant including response style, character
Collaboration Aims to Enhance Safety and Operational Efficiency By Offering Hands-Free Operation of ALPR and Critical Vehicle Functions Rekor Systems, Inc. (NASDAQ:REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced it will be working with SoundHound AI, Inc. (NASDAQ:SOUN) to transform emergency vehicle technology. The collaboration will combine SoundHound's advanced voice and conversational AI and Rekor's industry-leading vehicle recognition software, Rekor Scout®, to deliver seamless, hands-free functionality for ALPR and other critical vehicle systems, aiming to enhance safety, situational awareness, and operational efficie
Full experience of SoundHound's Voice Commerce Ecosystem will be available to try with a food ordering demo featuring favorite national restaurant chains. SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today unveiled the first ever in-vehicle voice commerce platform with a demo at CES 2025. The platform, which allows drivers and passengers to order takeout for pick-up directly from the car's infotainment system, will be showcased in SoundHound's CES booth at the Las Vegas Convention Center (West Hall Level 1, Booth #4964, Vehicle Tech & Advanced Mobility). This press release features multimedia. View the full release here: https://www.businesswire.co
Lucid introduces an assistant that can deliver responses from both real-time information domains and large language models SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced that Lucid, maker of the world's most advanced electric vehicles, has launched the Lucid Assistant. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250102610748/en/SoundHound AI announced that Lucid, maker of the world's most advanced electric vehicles, has launched the Lucid Assistant powered by SoundHound Chat AI. (Graphic: Business Wire) The Lucid Assistant is a revolutionary new hands-free voice assistan
Conversational AI Platform Named by Frost & Sullivan as a Leader for Driving Innovation and Growth in Patient Engagement and Operational Efficiency SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced that its Amelia Conversational AI Platform has been named a Leader in the 2024 Frost Radar™: Enterprise Conversational AI in Healthcare. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241212036686/en/SoundHound AI's Amelia Conversational AI Platform has been named a Leader in the 2024 Frost Radar™: Enterprise Conversational AI in Healthcare. (Graphic: Business Wire) According to Fro
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Strong year-end performance propels the company to the top end of revenue guidance range with strong momentum in voice-enabled Agentic AI Company closes the year with nearly $200 million in cash and no debt SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today reported its financial results for the fourth quarter and full year 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250227063191/en/SoundHound AI Reports Record Fourth Quarter Revenue, Up 101%, Exceeding $34.5 Million; Raises Full Year Outlook (Graphic: Business Wire) "We had a breakthrough year, expanding our leadership pos
SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced that it will report its 2024 fourth quarter and full year financial results on Thursday, February 27, 2025 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/20250212452885/en/SoundHound AI To Report 2024 Fourth Quarter and Full Year Financial Results, Host Conference Call and Webcast on February 27 (Graphic: Business Wire) Conference Call and Webcast Information Keyvan Mohajer, Co-Founder and CEO, and Nitesh Sharan, CFO, wi
SoundHound scales as a leader in conversational AI with more than 200 enterprise brands leveraging its AI agents across a growing number of verticals SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today reported its financial results for the third quarter 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112739401/en/SoundHound AI Reports Record Third Quarter Revenue, Up 89%, Exceeding $25 Million; Raises Outlook (Graphic: Business Wire) "This is SoundHound's largest quarter on record as the company takes its first steps into important new verticals. Our increased scale, combined wit
SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced that it will report its 2024 third quarter financial results on Tuesday, November 12, 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/20241022062959/en/SoundHound AI To Report 2024 Third Quarter Financial Results, Host Conference Call and Webcast on November 12 (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:
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
Ladenburg Thalmann downgraded SoundHound AI from Buy to Neutral and set a new price target of $7.00
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