SoundHound AI (NASDAQ:SOUN) Trading Up 2.4% – Still a Buy?

SoundHound AI, Inc. (NASDAQ:SOUN) shares were up 2.4% during mid-day trading on Wednesday . The stock traded as high as $6.82 and last traded at $6.80. 27,237,208 shares traded hands during trading, a decline of 0% from the average session volume of 27,348,912 shares. The stock had previously closed at $6.64.

Trending Headlines about SoundHound AI

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

• Positive Sentiment: SoundHound’s enterprise AI strategy is gaining traction, with subscription growth, the OASYS platform, and a planned LivePerson deal seen as catalysts that could expand its reach in 2026. SoundHound Stock Outlook as Enterprise AI Adoption Accelerates in 2026
• Positive Sentiment: The company’s voice AI and agentic AI opportunities are growing, and acquisitions are helping broaden its product stack and market opportunity. SoundHound Trends in Voice AI, OASYS and Rising Agentic Demand Today
• Positive Sentiment: Revenue growth remains a bright spot, with the business expanding at a strong pace and maintaining a debt-free balance sheet, which supports the bullish AI narrative. Is SOUN Stock a Buy After Revenue Growth and Ongoing Losses in 2026?
• Neutral Sentiment: SoundHound is attracting more attention from investors and Zacks users, which may be helping keep the stock on traders’ radar, but this is not a clear fundamental catalyst by itself. SoundHound AI, Inc. (SOUN) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Despite revenue growth, investors remain cautious because SoundHound is still posting losses, burning cash, and showing weak technical signals, making some analysts view it as more of a watchlist name than a buy. Is SOUN Stock a Buy After Revenue Growth and Ongoing Losses in 2026?
• Negative Sentiment: Execution risks remain a concern, with margin pressure and the challenge of converting AI momentum into durable profitability likely keeping a lid on enthusiasm. SoundHound Trends in Voice AI, OASYS and Rising Agentic Demand Today

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. LADENBURG THALM/SH SH upgraded SoundHound AI to a “strong-buy” rating in a research note on Wednesday, May 6th. DA Davidson reiterated a “buy” rating and set a $14.00 price objective on shares of SoundHound AI in a research note on Wednesday, April 22nd. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of SoundHound AI in a report on Monday, June 15th. 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 data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $14.93.

SoundHound AI Trading Down 0.6%

The firm’s 50 day moving average price is $7.65 and its two-hundred day moving average price is $8.24. The company has a market capitalization of $2.87 billion, a price-to-earnings ratio of -14.13 and a beta of 2.62.

SoundHound AI (NASDAQ:SOUN) last issued its earnings results on Thursday, May 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.01). SoundHound AI had a negative net margin of 91.84% and a negative return on equity of 40.15%. The firm had revenue of $44.20 million during the quarter, compared to analyst estimates of $42.56 million. During the same quarter last year, the business posted ($0.06) earnings per share. The company’s revenue for the quarter was up 51.7% on a year-over-year basis. As a group, equities research analysts predict that SoundHound AI, Inc. will post -0.45 EPS for the current year.

Insider Buying and Selling

In related news, SVP Majid Emami sold 28,843 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $7.46, for a total transaction of $215,168.78. Following the transaction, the senior vice president directly owned 472,983 shares of the company’s stock, valued at approximately $3,528,453.18. The trade was a 5.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Timothy Stonehocker sold 18,802 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $7.46, for a total value of $140,262.92. Following the completion of the sale, the chief technology officer owned 502,290 shares in the company, valued at approximately $3,747,083.40. This trade represents a 3.61% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 268,022 shares of company stock valued at $1,999,444. Insiders own 8.84% of the company’s stock.

Hedge Funds Weigh In On SoundHound AI

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hollencrest Capital Management raised its position in shares of SoundHound AI by 197.5% in the first quarter. Hollencrest Capital Management now owns 3,615 shares of the company’s stock valued at $25,000 after purchasing an additional 2,400 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of SoundHound AI by 83.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,336 shares of the company’s stock worth $25,000 after purchasing an additional 1,060 shares during the period. Dogwood Wealth Management LLC increased its stake in shares of SoundHound AI by 152.1% during the fourth quarter. Dogwood Wealth Management LLC now owns 2,559 shares of the company’s stock worth $26,000 after purchasing an additional 1,544 shares during the period. Danske Bank A S acquired a new stake in SoundHound AI during the 3rd quarter worth approximately $26,000. Finally, SHP Wealth Management acquired a new stake in SoundHound AI during the 4th quarter worth approximately $27,000. 19.28% of the stock is owned by institutional investors.

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.