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
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
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:
SoundHound AI study of vehicle owners also found that more than 4 in 5 prospective car buyers would now actively choose a vehicle that has AI-powered features over one that doesn't SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced the results of an independent survey of United States vehicle owners, which found that the vast majority of regular drivers – almost 4 in 5 – are likely to use a voice assistant with voice generative AI capabilities if available. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241022788245/en/SoundHound AI announced the results of an independent survey
Award-winning in-vehicle voice assistant SoundHound Chat AI enhances the new Lancia Ypsilon's S.A.L.A. infotainment system SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced that its category-leading voice assistant with integrated Generative AI, SoundHound Chat AI, has been integrated in Lancia Ypsilon vehicles across Belgium, France, Germany, Italy, Portugal, Spain, and The Netherlands. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241017159207/en/SoundHound Chat AI has been integrated into the S.A.L.A. infotainment system of the new Lancia Ypsilon, available in vehicles acros
The recently acquired conversational AI platform also achieves "Luminary" status in Celent rankings SoundHound AI, Inc. (NASDAQ:SOUN), a global leader in voice artificial intelligence, today announced that its Amelia conversational AI platform has received the XCelent Advanced Technology 2024 Award from research and advisory firm Celent. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241010806606/en/SoundHound's Amelia conversational AI platform has received the XCelent Advanced Technology 2024 Award, and achieved "Luminary" status, from research and advisory firm Celent. (Graphic: Business Wire) The Celent report titled, "Retai
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
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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
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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
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance to uncover new information and making sense of why these stocks should be of interest. Here’s a look at the Benzinga Stock Whisper Index for the week of July 12: Read Also: EXCLUSIVE: Top 10 Most Searched Tickers On Benzinga Pro In First Half 2024 – Where Do Nvidia, Tesla, Palantir, GameStop Rank? QuantumScape C
Shares of Conagra Brands, Inc. (NYSE:CAG) fell during Thursday's session after the company reported worse-than-expected fourth-quarter sales results and issued FY25 adjusted EPS guidance below estimates. The company reported adjusted earnings per share of 61 cents, beating the analyst consensus estimate of 57 cents. Quarterly revenues of $2.905 billion missed the street view of $2.930 billion, according to data from Benzinga Pro. Conagra Brands shares declined 3.9% to $27.70 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Kazia Therapeutics Limited (NASDAQ:KZIA) shares surged 88.6% to $1.26. Kazia Therapeutics, on Wednesday, announced result
U.S. stocks were mostly higher, with the Dow Jones index gaining around 100 points on Thursday. Shares of Methode Electronics, Inc. (NYSE:MEI) rose sharply during Thursday's session after the company reported better-than-expected fourth-quarter sales results. Methode Electronics reported a fourth-quarter fiscal 2024 net sales decline of 7.9% year-on-year to $277.30 million, beating the analyst consensus estimate of $264.04 million. Adjusted EPS loss of 23 cents missed the analyst consensus loss estimate of 20 cents, according to data from Benzinga Pro. Methode Electronics shares surged 29.4% to $12.22 on Thursday. Here are some other big stocks recording gains in today’s session.
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
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