SoundHound AI Inc (NASDAQ:SOUN) has a beta value of 2.88 and has seen 26.03 million shares traded in the last trading session. The company, currently valued at $3.99B, closed the last trade at $9.93 per share which meant it lost -$0.04 on the day or -0.40% during that session. The SOUN stock price is -151.56% off its 52-week high price of $24.98 and 61.53% above the 52-week low of $3.82.
The consensus among analysts is that SoundHound AI Inc (SOUN) is Buy stock at the moment, with a recommendation rating of 1.78. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 5 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight.
SoundHound AI Inc (NASDAQ:SOUN) trade information
Sporting -0.40% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SOUN stock price touched $9.93 or saw a rise of 14.32%. Year-to-date, SoundHound AI Inc shares have moved -49.95%, while the 5-day performance has seen it change -10.70%. Over the past 30 days, the shares of SoundHound AI Inc (NASDAQ:SOUN) have changed 5.75%.
Wall Street analysts have a consensus price target for the stock at $13, which means that the shares’ value could jump 23.62% from current levels. The projected low price target is $13.0 while the price target rests at a high of $13.0. In that case, then, we find that the current price level is -30.92% off the targeted high while a plunge would see the stock gain -30.92% from current levels.
SoundHound AI Inc (SOUN) estimates and forecasts
The company’s shares have gained 26.02% over the past 6 months.
SOUN Dividends
SoundHound AI Inc is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
SoundHound AI Inc (NASDAQ:SOUN)’s Major holders
The top two institutional holders are VANGUARD GROUP INC with over 22.69 million shares worth more than $89.62 million. As of 2024-06-30, VANGUARD GROUP INC held 6.8376% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 21.44 million shares as of 2024-06-30. The firm’s total holdings are worth over $84.7 million and represent 6.4622% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . As of Mar 31, 2025 , the former fund manager holds about 3.09% shares in the company for having 11.41 shares of worth $113.29 million while later fund manager owns 8.61 shares of worth $85.5 million as of Mar 31, 2025 , which makes it owner of about 2.33% of company’s outstanding stock.
