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SoundHound AI

SOUNNASDAQ
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$18.86
At close: Dec 19, 7:59 PM EDT
$18.50
-0.35-1.88%
After Hours: 7:59 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$22.00
Lowest Price Target1
$6.00
Consensus Price Target1
$9.50

SoundHound AI (NASDAQ:SOUN) Stock, Analyst Ratings, Price Targets, Forecasts

SoundHound AI Inc has a consensus price target of $9.5 based on the ratings of 7 analysts. The high is $22 issued by Wedbush on December 16, 2024. The low is $6 issued by Northland Capital Markets on August 9, 2024. The 3 most-recent analyst ratings were released by Wedbush, HC Wainwright & Co., and Barclays on December 16, 2024, November 14, 2024, and November 13, 2024, respectively. With an average price target of $12.33 between Wedbush, HC Wainwright & Co., and Barclays, there's an implied -33.33% downside for SoundHound AI Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
3
1
Aug
3
Sep
1
2
Nov
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wedbush
HC Wainwright & Co.
Barclays
Ladenburg Thalmann
DA Davidson

1calculated from analyst ratings

Analyst Ratings for SoundHound AI

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FAQ

Q

What is the target price for SoundHound AI (SOUN) stock?

A

The latest price target for SoundHound AI (NASDAQ:SOUN) was reported by Wedbush on December 16, 2024. The analyst firm set a price target for $22.00 expecting SOUN to rise to within 12 months (a possible 18.92% upside). 23 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for SoundHound AI (SOUN)?

A

The latest analyst rating for SoundHound AI (NASDAQ:SOUN) was provided by Wedbush, and SoundHound AI maintained their outperform rating.

Q

When was the last upgrade for SoundHound AI (SOUN)?

A

The last upgrade for SoundHound AI Inc happened on August 9, 2024 when Cantor Fitzgerald raised their price target to $7. Cantor Fitzgerald previously had a neutral for SoundHound AI Inc.

Q

When was the last downgrade for SoundHound AI (SOUN)?

A

The last downgrade for SoundHound AI Inc happened on November 13, 2024 when Barclays changed their price target from $7 to $7 for SoundHound AI Inc.

Q

When is the next analyst rating going to be posted or updated for SoundHound AI (SOUN)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of SoundHound AI, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for SoundHound AI was filed on December 16, 2024 so you should expect the next rating to be made available sometime around December 16, 2025.

Q

Is the Analyst Rating SoundHound AI (SOUN) correct?

A

While ratings are subjective and will change, the latest SoundHound AI (SOUN) rating was a maintained with a price target of $10.00 to $22.00. The current price SoundHound AI (SOUN) is trading at is $18.50, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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