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SoundHound AI

SOUNNASDAQ
$4.93
-0.07-1.40%
At Close: -
$4.92
-0.0100-0.20%
After Hours: Jul 19, 7:59 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$9.50
Lowest Price Target1
$4.00
Consensus Price Target1
$6.88

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SoundHound AI (NASDAQ:SOUN) Stock, Analyst Ratings, Price Targets, Forecasts

SoundHound AI Inc has a consensus price target of $6.88 based on the ratings of 6 analysts. The high is $9.5 issued by DA Davidson on March 15, 2024. The low is $4 issued by Ladenburg Thalmann on January 30, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Wedbush, and Cantor Fitzgerald on May 13, 2024, May 10, 2024, and April 11, 2024, respectively. With an average price target of $6.97 between HC Wainwright & Co., Wedbush, and Cantor Fitzgerald, there's an implied 41.60% upside for SoundHound AI Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
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0
Jan
1
Feb
2
1
Mar
1
Apr
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Wedbush
Cantor Fitzgerald
DA Davidson
Ladenburg Thalmann

1calculated from analyst ratings

Analyst Ratings for SoundHound AI

Buy NowGet Alert
05/13/2024Buy Now42.28%HC Wainwright & Co.
Scott Buck
→ $7ReiteratesBuy → BuyGet Alert
05/10/2024Buy Now82.93%Wedbush
Daniel Ives
→ $9ReiteratesOutperform → OutperformGet Alert
04/11/2024Buy Now-0.41%Cantor Fitzgerald
Brett Knoblauch
→ $4.9UpgradeUnderweight → NeutralGet Alert
03/20/2024Buy Now-0.41%Cantor Fitzgerald
Brett Knoblauch
$5.8 → $4.9DowngradeOverweight → UnderweightGet Alert
03/15/2024Buy Now93.09%DA Davidson
Gil Luria
$7.5 → $9.5MaintainsBuyGet Alert
03/04/2024Buy Now42.28%HC Wainwright & Co.
Scott Buck
$5 → $7MaintainsBuyGet Alert
03/01/2024Buy Now17.89%Cantor Fitzgerald
Brett Knoblauch
$3.6 → $5.8MaintainsOverweightGet Alert
03/01/2024Buy Now82.93%Wedbush
Daniel Ives
$5 → $9MaintainsOutperformGet Alert
03/01/2024Buy Now52.44%DA Davidson
Gil Luria
$5 → $7.5MaintainsBuyGet Alert
02/28/2024Buy NowNorthland Capital Markets
Michael Latimore
DowngradeOutperform → Market PerformGet Alert
01/30/2024Buy Now-18.7%Ladenburg Thalmann
Glenn Mattson
→ $4Initiates → BuyGet Alert
12/11/2023Buy Now1.63%HC Wainwright & Co.
Scott Buck
→ $5ReiteratesBuy → BuyGet Alert
11/10/2023Buy Now-26.83%Cantor Fitzgerald
Brett Knoblauch
$4.2 → $3.6MaintainsOverweightGet Alert
09/27/2023Buy Now1.63%DA Davidson
Gil Luria
→ $5Initiates → BuyGet Alert
09/05/2023Buy Now1.63%HC Wainwright & Co.
Scott Buck
→ $5Initiates → BuyGet Alert
08/09/2023Buy Now-14.63%Cantor Fitzgerald
Brett Knoblauch
$6.2 → $4.2MaintainsOverweightGet Alert
06/22/2023Buy Now26.02%Cantor Fitzgerald
Brett Knoblauch
$2.8 → $6.2MaintainsOverweightGet Alert
06/20/2023Buy Now-43.09%Cantor Fitzgerald
Brett Knoblauch
→ $2.8ReiteratesOverweight → OverweightGet Alert
05/12/2023Buy Now-43.09%Cantor Fitzgerald
Brett Knoblauch
$3.2 → $2.8MaintainsOverweightGet Alert
11/30/2022Buy Now-55.28%Cantor Fitzgerald
Brett Knoblauch
$2.3 → $2.2UpgradeNeutral → OverweightGet Alert
07/01/2022Buy Now-39.02%Cantor Fitzgerald
Brett Knoblauch
→ $3Initiates → NeutralGet Alert
06/28/2022Buy Now42.28%Wedbush
Daniel Ives
→ $7Initiates → OutperformGet Alert

FAQ

Q

What is the target price for SoundHound AI (SOUN) stock?

A

The latest price target for SoundHound AI (NASDAQ:SOUN) was reported by HC Wainwright & Co. on May 13, 2024. The analyst firm set a price target for $7.00 expecting SOUN to rise to within 12 months (a possible 42.28% upside). 16 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for SoundHound AI (SOUN)?

A

The latest analyst rating for SoundHound AI (NASDAQ:SOUN) was provided by HC Wainwright & Co., and SoundHound AI reiterated their buy rating.

Q

When was the last upgrade for SoundHound AI (SOUN)?

A

The last upgrade for SoundHound AI Inc happened on April 11, 2024 when Cantor Fitzgerald raised their price target to $4.9. Cantor Fitzgerald previously had an underweight for SoundHound AI Inc.

Q

When was the last downgrade for SoundHound AI (SOUN)?

A

The last downgrade for SoundHound AI Inc happened on March 20, 2024 when Cantor Fitzgerald changed their price target from $5.8 to $4.9 for SoundHound AI Inc.

Q

When is the next analyst rating going to be posted or updated for SoundHound AI (SOUN)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of SoundHound AI, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for SoundHound AI was filed on May 13, 2024 so you should expect the next rating to be made available sometime around May 13, 2025.

Q

Is the Analyst Rating SoundHound AI (SOUN) correct?

A

While ratings are subjective and will change, the latest SoundHound AI (SOUN) rating was a reiterated with a price target of $7.00 to $7.00. The current price SoundHound AI (SOUN) is trading at is $4.92, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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