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 |
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
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
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
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
Popular Chicken Chain Pilots SoundHound's Award-Winning Voice AI Ordering System at the Drive-Thru to Streamline Orders, Reduce Wait Times, and Empower Staff SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced details of a deal with Church's Texas Chicken®, one of the largest quick-service chicken restaurant chains in the world, to provide the global chain with a voice AI-powered drive-thru ordering solution. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241211684472/en/SoundHound AI today announced details of a deal with Church's Texas Chicken®, one of the largest quick-servic
Customers ordering tacos will be able to place orders via a cutting-edge conversational voice assistant SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, and Torchy's Tacos, the cult-favorite taco chain known for its "Damn Good Tacos," have announced the rollout of SoundHound's advanced voice AI Smart Ordering product, now live at all 130 Torchy's locations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241205793603/en/SoundHound AI and Torchy's Tacos have announced the rollout of SoundHound's advanced voice AI Smart Ordering product, now live at all 130 Torchy's locations. (Graphic: Busines
SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced that it will participate in the following investor conferences in December: Nitesh Sharan, SoundHound CFO, will participate at the UBS Global Technology and AI Conference in Scottsdale, AZ. The presentation will be broadcast live at 3:15pm PT/4:15pm MT/6:15pm ET on December 4. Keyvan Mohajer, SoundHound CEO, and Nitesh Sharan, SoundHound CFO, will participate at the Barclays Annual Global Technology Conference in San Francisco. The presentation will be broadcast live at 9:15am PT/12:15pm ET on December 12. Webcast registration links will be available before each conference on Sound
SoundHound's Amelia AI Agents answer customer questions on medical expense reimbursements, reducing the volume handled by employees and supporting 100K+ calls in 2024 SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, and Apivia Courtage, part of AEMA Group, one of the world's largest mutual and cooperative insurers, today announced that their partnership to deploy conversational AI agents has reached a milestone. In just under a year, SoundHound's Amelia AI Agents have supported Apivia Courtage in handling over 100,000 customer calls and reducing the number of inbound queries handled directly by the French wholesale broker's customer relations team by ne
Long-term Partnership With Kia to Provide Advanced Voice AI Experience With Hindi as a Featured Language SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced the expansion of its advanced voice AI technology to Kia vehicles in India, with the integration of Hindi as a featured language. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241114590112/en/SoundHound AI announced the expansion of its advanced voice AI technology to Kia vehicles in India, with the integration of Hindi as a featured language. (Graphic: Business Wire) Recently launched for the 2025 Kia Carnival and 2025 Kia
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
Hundreds of millions of dollars' worth of orders have been processed with category-leading voice AI SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, announced today that the company's AI phone ordering technology has crossed a milestone, processing over 100 million interactions with restaurant customers, including hundreds of millions of dollars' worth of food orders. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241031567411/en/SoundHound's Phone AI Has Now Processed Over 100 Million Customer Interactions For Restaurants Across the U.S. (Graphic: Business Wire) SoundHound's current roster of
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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
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