SoundHound AI Inc (NASDAQ:SOUN) currently has a daily average trading volume of 31.37M but it saw 56281496 shares traded in last market. With a market cap of 4.52B USD, the company’s current market price of $11.25 came rising about 7.35 while comparing to the previous closing price of $10.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.98 and as low as $3.86. In the recent trading on the day, stock has struck highest price mark of $10.5 while lowest mark touched by it was $11.34.
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 17.55% up while it is 12.84% when we observe its performance for the past one month. Year-to-date it is 184.81% up and over the past year, the stock is showing a downside performance of -43.30%.
The company is expected to be releasing its next quarterly report on 2025-May-08, for which analysts forecasted an EPS of -0.05 while estimate for next year EPS is -0.16. In next quarter, company is expected to be making quarterly sales of $44.39M as analysts are expecting the sales for current fiscal year at $159.56M and seeing the company making $202.65M in sales next year. Moreover, analysts are in estimates of $32.88M for current-quarter revenue.
Currently, SoundHound AI Inc’s total number of outstanding shares is 368.87M with 0.93% of that held by the insiders while 44.88% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -47.19% and return on equity (ROE) at -68.22%. Stock’s beta reads 2.79. Stock has a price to book (P/B) ratio of 11.38 while price to sale or P/S ratio amounts to 44.21. Its return on asset (ROA) is -43.07% on average.
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