In the last trading session, 31.86 million SoundHound AI Inc (NASDAQ:SOUN) shares changed hands as the company’s beta touched 2.88. With the company’s per share price at $10.11 changed hands at $0.64 or 6.76% during last session, the market valuation stood at $4.06B. SOUN’s last price was a discount, traded about -147.08% off its 52-week high of $24.98. The share price had its 52-week low at $3.82, which suggests the last value was 62.22% up since then.
Analysts gave the SoundHound AI Inc (SOUN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.78. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended SOUN as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight.
SoundHound AI Inc (NASDAQ:SOUN) trade information
However, in the 30-day time frame, SoundHound AI Inc (NASDAQ:SOUN) is 10.25% up.
The consensus price target for the stock as assigned by Wall Street analysts is 13, meaning bulls need an upside of 22.23% from its current market value. According to analyst projections, SOUN’s forecast low is 13 with 13 as the target high. To hit the forecast high, the stock’s price needs a -28.59% plunge from its current level, while the stock would need to soar -28.59% for it to hit the projected low.
The 2025 estimates are for SoundHound AI Inc earnings to increase by 109.62%.
SOUN Dividends
SoundHound AI Inc is expected to release its next quarterly earnings report in July.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.4622% or 21.44 million shares worth $84.7 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 11.41 shares estimated at $115.34 million under it, the former controlled 3.09% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.16% of the shares, roughly 7.99 shares worth around $80.81 million.
