In last trading session, SoundHound AI Inc (NASDAQ:SOUN) saw 33.38 million shares changing hands with its beta currently measuring 2.94. Company’s recent per share price level of $9.38 trading at $0.63 or 7.20% at ring of the bell on the day assigns it a market valuation of $3.76B. That closing price of SOUN’s stock is at a discount of -166.31% from its 52-week high price of $24.98 and is indicating a premium of 59.28% from its 52-week low price of $3.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 20.77 million shares which gives us an average trading volume of 36.01 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. The company is expected to be making an EPS of -0.06 in the current quarter.
SoundHound AI Inc (NASDAQ:SOUN) trade information
Upright in the green during last session for gaining 7.20%, in the last five days SOUN remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $9.38 price level, adding 2.39% to its value on the day. SoundHound AI Inc’s shares saw a change of -52.72% in year-to-date performance and have moved 20.88% in past 5-day. SoundHound AI Inc (NASDAQ:SOUN) showed a performance of -8.04% in past 30-days. Number of shares sold short was 116.56 million shares which calculate 3.68 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 27.85% 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 -38.59% in reaching the projected high whereas dropping to the targeted low would mean a loss of -38.59% for stock’s current value.
SoundHound AI Inc (SOUN) estimates and forecasts
This year revenue growth is estimated to rise 95.98% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 30.38M for the same. And 7 analysts are in estimates of company making revenue of 35.74M in the next quarter. Company posted 11.59M and 13.46M of sales in current and next quarters respectively a year earlier.
SoundHound AI Inc (NASDAQ:SOUN)’s Major holders
Insiders are in possession of 1.88% of company’s total shares while institution are holding 36.01 percent of that, with stock having share float percentage of 36.70%. Investors also watch the number of corporate investors in a company very closely, which is 36.01% 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 6.8376 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.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 10.05 shares of worth $94.29 million or 2.73% of the total outstanding shares. The later fund manager was in possession of 8.54 shares on Mar 31, 2025 , making its stake of worth around $80.07 million in the company or a holder of 2.32% of company’s stock.
