SoundHound AI (NASDAQ:SOUN) Trading Up 1.9% – Still a Buy?

SoundHound AI, Inc. (NASDAQ:SOUN) shares were up 1.9% during trading on Wednesday . The company traded as high as $6.65 and last traded at $6.48. Approximately 26,977,235 shares changed hands during trading, a decline of 2% from the average daily volume of 27,435,529 shares. The stock had previously closed at $6.36.

Trending Headlines about SoundHound AI

Here are the key news stories impacting SoundHound AI this week:

• Positive Sentiment: Quarterly results point to growth — SoundHound reported strong top-line growth (revenue up ~59% year-over-year, beat revenue estimates and EPS roughly in line), which supports longer-term adoption of its voice-agent tech. (Earnings context from company/MarketBeat summary)
• Positive Sentiment: Street idea of upside from voice-agent AI — The Motley Fool highlighted SoundHound as one of two lesser-known AI names with “parabolic” upside potential on voice-powered agentic AI, reinforcing a narrative of sizable addressable market if adoption accelerates. 2 Tech Stocks Most Investors Haven’t Heard of That Could Go Parabolic
• Neutral Sentiment: Short-interest data reported appears inconsistent/erroneous (multiple entries show 0 shares / NaN changes); treat short-interest signals cautiously until clarified by exchanges or official reports.
• Neutral Sentiment: Relative valuation/positioning vs. peers — A Fool piece compared BigBear.ai and SoundHound amid the 2026 AI sell-off, useful for benchmarking but not a clear buy/sell verdict by itself. BigBear.ai vs. SoundHound AI: One Is Surviving the AI Sell-Off. The Other Isn’t.
• Negative Sentiment: Insider selling by multiple senior executives — CEO Keyvan Mohajer, CFO, COO, CTO and other senior officers sold sizable blocks on March 20–23 (CEO sale ~124,510 shares at ~$6.79). Large, coordinated insider sales can spook investors even if disclosed as routine diversification; see the SEC filing for the CEO sale. CEO SEC Filing
• Negative Sentiment: High-profile skepticism from Jim Cramer — In a Mad Money recap Cramer called SoundHound “a continual money loser,” a comment that can influence retail sentiment and add selling pressure. Jim Cramer on SoundHound AI
• Negative Sentiment: Sector pressure after Anthropic feature release — Yahoo reported shares across several AI/assistant names fell when Anthropic announced new agent capabilities that can control computers; that competitive development raises risk for incumbents and may have triggered intraday weakness. Health Catalyst, Asure Software, GitLab, Zeta Global, and SoundHound AI Shares Plummet

Analysts Set New Price Targets

A number of research firms have issued reports on SOUN. Cantor Fitzgerald upgraded SoundHound AI from a “neutral” rating to an “overweight” rating and raised their target price for the company from $13.00 to $15.00 in a research note on Friday, December 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SoundHound AI in a report on Friday, January 9th. Piper Sandler reiterated a “neutral” rating and issued a $9.00 price objective (down from $11.00) on shares of SoundHound AI in a research report on Friday, February 27th. Zacks Research raised shares of SoundHound AI from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. Finally, LADENBURG THALM/SH SH upgraded shares of SoundHound AI to a “strong-buy” rating in a research note on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, SoundHound AI presently has an average rating of “Moderate Buy” and an average price target of $14.93.

SoundHound AI Stock Up 1.9%

The business’s 50 day moving average is $8.49 and its two-hundred day moving average is $12.21. The firm has a market capitalization of $2.74 billion, a P/E ratio of -129.57 and a beta of 2.65.

SoundHound AI (NASDAQ:SOUN) last announced its earnings results on Thursday, February 26th. The company reported ($0.02) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.02). The firm had revenue of $55.06 million during the quarter, compared to analyst estimates of $53.88 million. SoundHound AI had a negative net margin of 8.71% and a negative return on equity of 3.63%. SoundHound AI’s revenue was up 59.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.05) EPS. As a group, equities analysts anticipate that SoundHound AI, Inc. will post -0.38 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Nitesh Sharan sold 44,027 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $6.79, for a total transaction of $298,943.33. Following the sale, the chief financial officer owned 1,661,121 shares of the company’s stock, valued at $11,279,011.59. The trade was a 2.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Keyvan Mohajer sold 124,510 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $6.79, for a total value of $845,422.90. Following the completion of the sale, the chief executive officer owned 2,073,777 shares of the company’s stock, valued at $14,080,945.83. This trade represents a 5.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 370,390 shares of company stock worth $2,796,241. Company insiders own 9.17% of the company’s stock.

Institutional Trading of SoundHound AI

Hedge funds and other institutional investors have recently modified their holdings of the company. Sound Income Strategies LLC lifted its position in shares of SoundHound AI by 37.3% in the 3rd quarter. Sound Income Strategies LLC now owns 2,116 shares of the company’s stock valued at $34,000 after acquiring an additional 575 shares in the last quarter. Investors Research Corp grew its position in SoundHound AI by 62.4% during the 3rd quarter. Investors Research Corp now owns 1,822 shares of the company’s stock worth $29,000 after purchasing an additional 700 shares in the last quarter. EP Wealth Advisors LLC grew its position in SoundHound AI by 5.3% during the 2nd quarter. EP Wealth Advisors LLC now owns 14,100 shares of the company’s stock worth $151,000 after purchasing an additional 706 shares in the last quarter. Newbridge Financial Services Group Inc. raised its stake in SoundHound AI by 2.7% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 31,880 shares of the company’s stock valued at $513,000 after purchasing an additional 830 shares during the period. Finally, Insigneo Advisory Services LLC raised its stake in SoundHound AI by 7.4% during the 3rd quarter. Insigneo Advisory Services LLC now owns 12,416 shares of the company’s stock valued at $200,000 after purchasing an additional 858 shares during the period. Institutional investors own 19.28% of the company’s stock.

SoundHound AI Company Profile

SoundHound AI, Inc is a voice AI and conversational intelligence company specializing in speech recognition, natural language understanding and sound identification technologies. Founded in 2005 and headquartered in Santa Clara, California, the company initially gained recognition with its music discovery app before pivoting to enterprise-grade voice AI solutions. Over the years, SoundHound AI has built a comprehensive platform that enables developers and businesses to embed conversational intelligence into a wide range of products and services.

The company’s core offering is the Houndify voice AI platform, which provides customizable speech-to-meaning technology, domain-specific natural language understanding and text-to-speech capabilities.