Down 66% From Its High: Is SoundHound AI Finally a Screaming Buy?
2026-03-12 16:35:00 ET
SoundHound AI (NASDAQ: SOUN) provides companies with artificial intelligence technology to deliver voice services to their customers. There is a material cost benefit to using AI over humans, but Wall Street appears to have lost interest in SoundHound's stock, which is down 66% from its all-time high in late 2025. Is it a screaming buy?
The good news is that SoundHound's top line is expanding rapidly. Sales rose from roughly $85 million in 2024 to nearly $169 million in 2025. That's an increase of just under 100%. Management is projecting revenues to fall between $225 and $260 million in 2026. At the low end, that's top-line growth of 33%, with the high end suggesting growth of just over 50%.
Image source: Getty Images.
NASDAQ: SOUN
SOUN Trading
-2.64% G/L:
$7.5491 Last:
6,879,960 Volume:
$7.70 Open:
