SoundHound AI (SOUN) Stock Forecast, Price Target & Predictions
SOUN Stock Forecast
SoundHound AI stock forecast is as follows: an average price target of $8.13 (represents a 16.48% upside from SOUN’s last price of $6.98) 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 $8.13 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $9.50 to $7.00. This represents a potential 16.48% upside from SOUN's last price of $6.98.
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 | - | - | 45.83% | 0.29% |
| Aug 09, 2024 | Daniel Ives | Wedbush | - | - | 80.00% | 28.94% |
| Aug 09, 2024 | Brett Knoblauch | Cantor Fitzgerald | - | - | 34.36% | 0.29% |
| Apr 10, 2024 | Brett Knoblauch | Cantor Fitzgerald | - | - | 8.65% | -29.80% |
| Mar 14, 2024 | Gil Luria | D.A. Davidson | - | - | 13.50% | 36.10% |
| Mar 01, 2024 | Brett Knoblauch | Cantor Fitzgerald | - | - | -3.17% | -16.91% |
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 0.29% increase from SOUN last price ($6.98).
SoundHound AI Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 6 |
| Avg Price Target | - | $7.00 | $7.20 |
| Last Closing Price | $6.98 | $6.98 | $6.98 |
| Upside/Downside | -100.00% | 0.29% | 3.15% |
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 $6.98. 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 |
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 | $52.74M | $42.98M | $36.40M | $32.19M | $33.66M | $23.02M | $13.09M | $10.10M | $17.75M | $12.78M | $8.07M | $6.73M | $8.84M | $8.95M | $6.22M | $4.29M |
| High Forecast | $55.59M | $45.31M | $38.37M | $32.55M | $34.17M | $23.26M | $13.09M | $10.10M | $18.04M | $12.78M | $8.50M | $7.09M | $9.31M | $8.95M | $6.22M | $4.29M |
| Low Forecast | $48.01M | $39.12M | $33.13M | $31.84M | $33.20M | $22.78M | $13.09M | $10.10M | $17.52M | $12.78M | $7.34M | $6.12M | $8.04M | $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 | $-52.74M | $-42.98M | $-36.40M | $-32.19M | $-33.66M | $-23.02M | $-13.09M | $-10.10M | $-17.75M | $-12.78M | $-8.07M | $-6.73M | $-8.84M | $-8.95M | $-6.22M | $-4.29M |
| High Forecast | $-48.01M | $-39.12M | $-33.13M | $-31.84M | $-33.20M | $-22.78M | $-13.09M | $-10.10M | $-17.52M | $-12.78M | $-7.34M | $-6.12M | $-8.04M | $-8.95M | $-6.22M | $-4.29M |
| Low Forecast | $-55.59M | $-45.31M | $-38.37M | $-32.55M | $-34.17M | $-23.26M | $-13.09M | $-10.10M | $-18.04M | $-12.78M | $-8.50M | $-7.09M | $-9.31M | $-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 | $-12.01M | $-20.42M | $-26.43M | $-30.03M | $-33.46M | $-26.77M | $-31.83M | $-33.16M | $-20.18M | $-30.63M | $-42.05M | $-44.45M | $-60.07M | $-54.75M | $-121.67M | $474.04M |
| High Forecast | $-10.61M | $-18.04M | $-23.34M | $-22.52M | $-27.89M | $-23.65M | $-28.12M | $-29.28M | $-12.11M | $-27.06M | $-37.14M | $-39.26M | $-53.05M | $-54.75M | $-121.67M | $474.04M |
| Low Forecast | $-12.86M | $-21.86M | $-28.29M | $-33.79M | $-50.20M | $-28.65M | $-34.07M | $-35.49M | $-28.25M | $-32.79M | $-45.00M | $-47.57M | $-64.29M | $-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 | $81.04M | $66.05M | $55.94M | $49.47M | $51.72M | $35.37M | $20.11M | $15.53M | $27.27M | $19.64M | $12.39M | $10.34M | $13.58M | $13.75M | $9.56M | $6.59M |
| High Forecast | $85.42M | $69.62M | $58.96M | $50.01M | $52.51M | $35.75M | $20.11M | $15.53M | $27.73M | $19.64M | $13.07M | $10.89M | $14.31M | $13.75M | $9.56M | $6.59M |
| Low Forecast | $73.76M | $60.12M | $50.91M | $48.92M | $51.01M | $35.00M | $20.11M | $15.53M | $26.92M | $19.64M | $11.28M | $9.41M | $12.36M | $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 | $-0.03 | $-0.06 | $-0.07 | $-0.08 | $-0.09 | $-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 | $-0.06 | $-0.08 | $-0.07 | $-0.08 | $-0.08 | $-0.03 | $-0.08 | $-0.10 | $-0.11 | $-0.15 | $-0.17 | $-0.37 | $1.43 |
| Low Forecast | $-0.04 | $-0.06 | $-0.08 | $-0.09 | $-0.14 | $-0.08 | $-0.09 | $-0.10 | $-0.08 | $-0.09 | $-0.12 | $-0.13 | $-0.18 | $-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).