SoundHound AI (SOUN) Projected to Announce Earnings on Thursday

SoundHound AI (NASDAQ:SOUN) is projected to issue its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect the company to announce earnings of ($0.1250) per share and revenue of $61.71 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

SoundHound AI (NASDAQ:SOUN) last issued its earnings results on Wednesday, August 5th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.11. The firm had revenue of $61.90 million during the quarter, compared to the consensus estimate of $52.38 million. SoundHound AI had a negative net margin of 67.45% and a negative return on equity of 30.22%. The company’s revenue was up 45.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.19) earnings per share. On average, analysts expect SoundHound AI to post ($0.39) EPS for the current fiscal year and ($0.52) EPS for the next fiscal year.

SoundHound AI Trading Down 3.1%

Shares of SOUN stock opened at $4.09 on Tuesday. The company has a market cap of $1.82 billion, a P/E ratio of -10.76 and a beta of 2.73. The firm has a fifty day moving average price of $5.73 and a 200 day moving average price of $7.16. SoundHound AI has a 12 month low of $4.04 and a 12 month high of $17.85.

Insider Activity at SoundHound AI

In other SoundHound AI news, SVP Majid Emami sold 38,730 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $6.33, for a total transaction of $245,160.90. Following the transaction, the senior vice president owned 834,253 shares of the company’s stock, valued at approximately $5,280,821.49. This trade represents a 4.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Keyvan Mohajer sold 137,290 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $6.33, for a total value of $869,045.70. Following the transaction, the chief executive officer owned 3,684,947 shares in the company, valued at $23,325,714.51. This represents a 3.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 288,758 shares of company stock valued at $1,828,598 in the last ninety days. 8.84% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have issued reports on SOUN shares. DA Davidson decreased their price target on SoundHound AI from $12.00 to $10.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Piper Sandler lowered their price objective on SoundHound AI from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Tuesday, September 22nd. Weiss Ratings upgraded SoundHound AI from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, October 15th. Wall Street Zen upgraded SoundHound AI from a “strong sell” rating to a “sell” rating in a research note on Saturday, October 24th. Finally, Yorkville Ives began coverage on shares of SoundHound AI in a research note on Monday, October 5th. They issued an “in-line” rating and a $6.50 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, SoundHound AI presently has a consensus rating of “Moderate Buy” and an average target price of $11.50.

SoundHound AI Company Profile

SoundHound AI, Inc develops voice artificial intelligence and conversational intelligence technologies. Its platform is designed to enable people to interact with devices, applications and services using natural language, with capabilities including speech recognition, language understanding and conversational response generation.

The company’s offerings include the Houndify platform, which businesses can use to create branded voice assistants and conversational interfaces. SoundHound AI also provides voice-enabled solutions for industries such as automotive, restaurants and customer service, allowing users to access information, control functions, place orders and engage with businesses through voice interactions.