SoundHound AI Inc (NASDAQ:SOUN) currently has a daily average trading volume of 28.10M but it saw 22769311 shares traded in last market. With a market cap of 3.78B USD, the company’s current market price of $9.42 came rising about 0.86 while comparing to the previous closing price of $9.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.98 and as low as $3.82.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Piper Sandler which initiated the stock as “Overweight” in its note to investors issued on May 27, 2025, recommending a price target of $12 for it. Ladenburg Thalmann downgraded its recommendation for the stock as a “Neutral” from “Buy” on November 13, 2024 while assigning a price target of $7. Cantor Fitzgerald issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $5 and $7.
Over the week, SOUN’s stock price is moving -3.29% down while it is -8.28% when we observe its performance for the past one month. Year-to-date it is -52.52% down and over the past year, the stock is showing an upside performance of 112.64%.
Currently, SoundHound AI Inc’s total number of outstanding shares is 368.87M. Company’s return on investment (ROI) stands at -47.19% and return on equity (ROE) at -68.22%. Stock’s beta reads 2.87. Stock has a price to book (P/B) ratio of 9.52 while price to sale or P/S ratio amounts to 37.02. Its return on asset (ROA) is -43.07% on average.
