In last trading session, SoundHound AI Inc (NASDAQ:SOUN) saw 27.67 million shares changing hands with its beta currently measuring 3.01. Company’s recent per share price level of $8.66 trading at $0.46 or 5.61% at ring of the bell on the day assigns it a market valuation of $3.46B. That closing price of SOUN’s stock is at a discount of -188.45% from its 52-week high price of $24.98 and is indicating a premium of 59.58% from its 52-week low price of $3.50. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 21.62 million shares which gives us an average trading volume of 46.44 million if we extend that period to 3-months.

For SoundHound AI Inc (SOUN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.86. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

SoundHound AI Inc (NASDAQ:SOUN) trade information

Upright in the green during last session for gaining 5.61%, in the last five days SOUN remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $8.66 price level, adding 7.38% to its value on the day. SoundHound AI Inc’s shares saw a change of -56.35% in year-to-date performance and have moved -7.68% in past 5-day. SoundHound AI Inc (NASDAQ:SOUN) showed a performance of -10.86% in past 30-days. Number of shares sold short was 116.57 million shares which calculate 2.33 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 13 to the stock, which implies a rise of 33.38% to its current value. Analysts have been projecting 13 as a low price target for the stock while placing it at a high target of 13. It follows that stock’s current price would drop -50.12% in reaching the projected high whereas dropping to the targeted low would mean a loss of -50.12% for stock’s current value.

SoundHound AI Inc (NASDAQ:SOUN)’s Major holders

Insiders are in possession of 1.88% of company’s total shares while institution are holding 35.99 percent of that, with stock having share float percentage of 36.68%. Investors also watch the number of corporate investors in a company very closely, which is 35.99% institutions for SoundHound AI Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at SOUN for having 22.69 million shares of worth $89.62 million. And as of 2024-06-30, it was holding 7.9168 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 21.44 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.4622 of outstanding shares, having a total worth of $84.7 million.