SoundHound AI (SOUN) Stock Forecast, Price Target & Predictions
SOUN Stock Forecast
SoundHound AI stock forecast is as follows: an average price target of $7.67 (represents a -64.75% downside from SOUN’s last price of $21.76) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
SOUN Price Target
The average price target for SoundHound AI (SOUN) is $7.67 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $7.00. This represents a potential -64.75% downside from SOUN's last price of $21.76.
SOUN Analyst Ratings
According to 5 Wall Street analysts, SoundHound AI's rating consensus is 'Buy'. The analyst rating breakdown for SOUN stock is 0 'Strong Buy' (0.00%), 5 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
SoundHound AI Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 18, 2024 | Scott Buck | H.C. Wainwright | $7.00 | $4.80 | 45.83% | -67.83% |
| Aug 09, 2024 | Daniel Ives | Wedbush | $9.00 | $5.00 | 80.00% | -58.64% |
| Aug 09, 2024 | Brett Knoblauch | Cantor Fitzgerald | $7.00 | $5.21 | 34.36% | -67.83% |
| Apr 10, 2024 | Brett Knoblauch | Cantor Fitzgerald | $4.90 | $4.51 | 8.65% | -77.48% |
| Mar 14, 2024 | Gil Luria | D.A. Davidson | $9.50 | $8.37 | 13.50% | -56.34% |
| Mar 01, 2024 | Brett Knoblauch | Cantor Fitzgerald | $5.80 | $5.99 | -3.17% | -73.35% |
The latest SoundHound AI stock forecast, released on Sep 18, 2024 by Scott Buck from H.C. Wainwright, set a price target of $7.00, which represents a 45.83% increase from the stock price at the time of the forecast ($4.80), and a -67.83% decrease from SOUN last price ($21.76).
SoundHound AI Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 6 |
| Avg Price Target | - | $7.00 | $7.20 |
| Last Closing Price | $21.76 | $21.76 | $21.76 |
| Upside/Downside | -100.00% | -67.83% | -66.91% |
In the current month, the average price target of SoundHound AI stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SoundHound AI's last price of $21.76. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 18, 2024 | H.C. Wainwright | Underperform | Underperform | Hold |
| Sep 18, 2024 | Wedbush | Buy | Buy | Hold |
| Sep 18, 2024 | H.C. Wainwright | Buy | Buy | Hold |
| Aug 09, 2024 | Wedbush | Outperform | Outperform | Hold |
| Aug 09, 2024 | Cantor Fitzgerald | Neutral | Overweight | Upgrade |
| May 13, 2024 | H.C. Wainwright | Underperform | Underperform | Hold |
| May 13, 2024 | Wedbush | Buy | Buy | Hold |
| May 10, 2024 | Wedbush | Outperform | Outperform | Hold |
| Apr 10, 2024 | Cantor Fitzgerald | Overweight | Neutral | Upgrade |
| Mar 04, 2024 | Wedbush | Buy | Buy | Hold |
| Mar 01, 2024 | Wedbush | Outperform | Outperform | Hold |
| Mar 01, 2024 | Barclays | Buy | Buy | Hold |
| Feb 27, 2024 | Northland Securities | Outperform | Outperform | Hold |
| Feb 21, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Jun 22, 2023 | Cantor Fitzgerald | Overweight | Overweight | Hold |
| Nov 30, 2022 | Cantor Fitzgerald | Overweight | Upgrade |
SoundHound AI's last stock rating was published by H.C. Wainwright on Sep 18, 2024. The company gave SOUN a "Underperform" rating, the same as its previous rate.
SoundHound AI Financial Forecast
SoundHound AI Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $17.15M | $13.27M | $8.75M | $6.71M | $9.50M | $11.19M | $6.15M | $4.29M |
| Avg Forecast | $51.29M | $42.70M | $37.56M | $34.31M | $33.74M | $23.02M | $13.09M | $10.10M | $17.75M | $12.78M | $8.07M | $6.73M | $8.84M | $8.95M | $6.22M | $4.29M |
| High Forecast | $53.24M | $44.32M | $38.99M | $34.69M | $34.25M | $23.26M | $13.09M | $10.10M | $18.04M | $12.78M | $8.37M | $6.98M | $9.17M | $8.95M | $6.22M | $4.29M |
| Low Forecast | $45.33M | $37.73M | $33.20M | $33.93M | $33.27M | $22.78M | $13.09M | $10.10M | $17.52M | $12.78M | $7.13M | $5.94M | $7.81M | $8.95M | $6.22M | $4.29M |
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 0.97% | 1.04% | 1.08% | 1.00% | 1.08% | 1.25% | 0.99% | 1.00% |
SoundHound AI's average Quarter revenue forecast for Mar 24 based on 2 analysts is $10.10M, with a low forecast of $10.10M, and a high forecast of $10.10M. SOUN's average Quarter revenue forecast represents a -41.08% decrease compared to the company's last Quarter revenue of $17.15M (Dec 23).
SoundHound AI EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $-11.21M | $-12.66M | $-16.44M | $-19.76M | $-26.36M | $-25.34M | $-28.69M | $-582.80K |
| Avg Forecast | $-51.29M | $-42.70M | $-37.56M | $-34.31M | $-33.74M | $-23.02M | $-13.09M | $-10.10M | $-17.75M | $-12.78M | $-8.07M | $-6.73M | $-8.84M | $-8.95M | $-6.22M | $-4.29M |
| High Forecast | $-45.33M | $-37.73M | $-33.20M | $-33.93M | $-33.27M | $-22.78M | $-13.09M | $-10.10M | $-17.52M | $-12.78M | $-7.13M | $-5.94M | $-7.81M | $-8.95M | $-6.22M | $-4.29M |
| Low Forecast | $-53.24M | $-44.32M | $-38.99M | $-34.69M | $-34.25M | $-23.26M | $-13.09M | $-10.10M | $-18.04M | $-12.78M | $-8.37M | $-6.98M | $-9.17M | $-8.95M | $-6.22M | $-4.29M |
| Surprise % | - | - | - | - | - | - | - | - | 0.63% | 0.99% | 2.04% | 2.94% | 2.98% | 2.83% | 4.61% | 0.14% |
undefined analysts predict SOUN's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than SoundHound AI's previous annual EBITDA (undefined) of $NaN.
SoundHound AI Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $-18.00M | $-20.20M | $-21.93M | $-26.37M | $-30.68M | $-28.92M | $-30.67M | $-280.85K |
| Avg Forecast | $-13.69M | $-21.62M | $-27.39M | $-26.93M | $-36.04M | $-26.77M | $-31.83M | $-33.16M | $-20.18M | $-30.63M | $-42.05M | $-44.45M | $-60.07M | $-54.75M | $-121.67M | $474.04M |
| High Forecast | $-11.62M | $-18.35M | $-23.25M | $-26.31M | $-32.76M | $-22.72M | $-27.02M | $-28.14M | $-12.11M | $-26.00M | $-35.69M | $-37.73M | $-50.98M | $-54.75M | $-121.67M | $474.04M |
| Low Forecast | $-14.37M | $-22.69M | $-28.74M | $-27.55M | $-39.31M | $-28.09M | $-33.40M | $-34.79M | $-28.25M | $-32.14M | $-44.12M | $-46.64M | $-63.03M | $-54.75M | $-121.67M | $474.04M |
| Surprise % | - | - | - | - | - | - | - | - | 0.89% | 0.66% | 0.52% | 0.59% | 0.51% | 0.53% | 0.25% | -0.00% |
SoundHound AI's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. SOUN's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
SoundHound AI SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $12.11M | $11.40M | $11.46M | $12.00M | $13.97M | $16.26M | $13.73M | $6.58M |
| Avg Forecast | $78.81M | $65.61M | $57.72M | $52.72M | $51.84M | $35.37M | $20.11M | $15.53M | $27.27M | $19.64M | $12.39M | $10.34M | $13.58M | $13.75M | $9.56M | $6.59M |
| High Forecast | $81.80M | $68.10M | $59.91M | $53.30M | $52.63M | $35.75M | $20.11M | $15.53M | $27.73M | $19.64M | $12.87M | $10.73M | $14.09M | $13.75M | $9.56M | $6.59M |
| Low Forecast | $69.65M | $57.98M | $51.01M | $52.14M | $51.13M | $35.00M | $20.11M | $15.53M | $26.92M | $19.64M | $10.95M | $9.13M | $12.00M | $13.75M | $9.56M | $6.59M |
| Surprise % | - | - | - | - | - | - | - | - | 0.44% | 0.58% | 0.92% | 1.16% | 1.03% | 1.18% | 1.44% | 1.00% |
SoundHound AI's average Quarter SG&A projection for Mar 24 is $15.53M, based on 2 Wall Street analysts, with a range of $15.53M to $15.53M. The forecast indicates a 28.20% rise compared to SOUN last annual SG&A of $12.11M (Dec 23).
SoundHound AI EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | $-0.07 | $-0.08 | $-0.00 | $-0.13 | $-0.20 | $-0.15 | $-0.19 | $-0.07 |
| Avg Forecast | $-0.04 | $-0.06 | $-0.08 | $-0.07 | $-0.10 | $-0.07 | $-0.09 | $-0.09 | $-0.06 | $-0.09 | $-0.12 | $-0.12 | $-0.17 | $-0.17 | $-0.37 | $1.43 |
| High Forecast | $-0.03 | $-0.05 | $-0.06 | $-0.07 | $-0.09 | $-0.06 | $-0.07 | $-0.08 | $-0.03 | $-0.07 | $-0.10 | $-0.10 | $-0.14 | $-0.17 | $-0.37 | $1.43 |
| Low Forecast | $-0.04 | $-0.06 | $-0.08 | $-0.08 | $-0.11 | $-0.08 | $-0.09 | $-0.10 | $-0.08 | $-0.09 | $-0.12 | $-0.13 | $-0.17 | $-0.17 | $-0.37 | $1.43 |
| Surprise % | - | - | - | - | - | - | - | - | 1.25% | 0.98% | 0.00% | 1.05% | 1.20% | 0.91% | 0.52% | -0.05% |
According to undefined Wall Street analysts, SoundHound AI's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to SOUN previous annual EPS of $NaN (undefined).