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SoundHound AI

SOUNNASDAQ
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$5.03
0.12.03%
At Close: -
$5.04
0.00990.20%
After Hours: Aug 23, 7:55 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$9.50
Lowest Price Target1
$4.00
Consensus Price Target1
$7.08

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

SoundHound AI Inc has a consensus price target of $7.08 based on the ratings of 6 analysts. The high is $9.5 issued by DA Davidson on March 15, 2024. The low is $4 issued by Ladenburg Thalmann on January 30, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Northland Capital Markets, and Cantor Fitzgerald on August 12, 2024, August 9, 2024, and August 9, 2024, respectively. With an average price target of $6.67 between HC Wainwright & Co., Northland Capital Markets, and Cantor Fitzgerald, there's an implied 32.28% upside for SoundHound AI Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Apr
1
May
0
0
0
0
Jul
2
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Northland Capital Markets
Cantor Fitzgerald
Wedbush
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 HC Wainwright & Co. on August 12, 2024. The analyst firm set a price target for $7.00 expecting SOUN to rise to within 12 months (a possible 38.89% upside). 20 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 HC Wainwright & Co., and SoundHound AI reiterated their buy 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 March 20, 2024 when Cantor Fitzgerald changed their price target from $5.8 to $4.9 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 August 12, 2024 so you should expect the next rating to be made available sometime around August 12, 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 reiterated with a price target of $7.00 to $7.00. The current price SoundHound AI (SOUN) is trading at is $5.04, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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