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SoundHound AI Inc
NASDAQ:SOUN

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SoundHound AI Inc
NASDAQ:SOUN
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Price: 21.755 USD 15.38% Market Closed
Market Cap: 8B USD
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SoundHound AI Inc?
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Wall Street
Price Targets

SOUN Price Targets Summary
SoundHound AI Inc

Wall Street analysts forecast SOUN stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for SOUN is 8.233 USD with a low forecast of 6.06 USD and a high forecast of 10.5 USD.

Lowest
Price Target
6.06 USD
72% Downside
Average
Price Target
8.233 USD
62% Downside
Highest
Price Target
10.5 USD
52% Downside

SOUN Last Price Targets
SoundHound AI Inc

The latest public price target was made on Sep 18, 2024 by Scott Buck from H.C. Wainwright , who expects SOUN stock to drop by 68% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Scott Buck
H.C. Wainwright
7 USD
Downside 68%
3 months ago
Sep 18, 2024
H.C. Wainwright Reiterates Buy Rating on SoundHound AI Inc. (SOUN)
StreetInsider
Daniel Ives
Wedbush
9 USD
Downside 59%
4 months ago
Aug 9, 2024
SoundHound AI Posts Q2 Beat, But Analysts Focus On Amelia Acquisition
Benzinga
Brett Knoblauch
Cantor Fitzgerald
7 USD
Downside 68%
4 months ago
Aug 9, 2024
Cantor Fitzgerald Upgrades SoundHound AI Inc. (SOUN) to Overweight
StreetInsider
Brett Knoblauch
Cantor Fitzgerald
4.9 USD
Downside 77%
8 months ago
Apr 10, 2024
SoundHound upgraded to Neutral from Underweight at Cantor Fitzgerald
TheFly
Gil Luria
D.A. Davidson
9.5 USD
Downside 56%
9 months ago
Mar 14, 2024
SoundHound AI Inc. (SOUN) PT Raised to $9.50 at DA Davidson
StreetInsider
Brett Knoblauch
Cantor Fitzgerald
5.8 USD
Downside 73%
9 months ago
Mar 1, 2024
SoundHound AI Impresses with Subscription Backlog Surge: Analysts See Positive Outlook Despite Top-Line Miss
Benzinga
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Scott Buck
H.C. Wainwright
Price Target 7 USD
Upside/Downside 68%
View Source
Daniel Ives
Wedbush
Price Target 9 USD
Upside/Downside 59%
View Source
Brett Knoblauch
Cantor Fitzgerald
Price Target 7 USD
Upside/Downside 68%
View Source
Brett Knoblauch
Cantor Fitzgerald
Price Target 4.9 USD
Upside/Downside 77%
View Source
Gil Luria
D.A. Davidson
Price Target 9.5 USD
Upside/Downside 56%
View Source
Brett Knoblauch
Cantor Fitzgerald
Price Target 5.8 USD
Upside/Downside 73%
View Source
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Revenue
Forecast

Revenue Estimate
SoundHound AI Inc

For the last 3 years the compound annual growth rate for SoundHound AI Inc's revenue is 52%. The projected CAGR for the next 3 years is 65%.

52%
Past Growth
65%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Operating Income
Forecast

Operating Income Estimate
SoundHound AI Inc

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
SoundHound AI Inc

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is SOUN's stock price target?
Price Target
8.233 USD

According to Wall Street analysts, the average 1-year price target for SOUN is 8.233 USD with a low forecast of 6.06 USD and a high forecast of 10.5 USD.

What is SoundHound AI Inc's Revenue forecast?
Projected CAGR
65%

For the last 3 years the compound annual growth rate for SoundHound AI Inc's revenue is 52%. The projected CAGR for the next 3 years is 65%.

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