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If SoundHound can double its revenue in 2025 and 2026, its revenue would increase fourfold and drop its valuation back to the 20 times sales range, but only if the stock price stays flat.
Juniper Research projects the market for voice AI will top $160 billion by 2026. The explosion of Internet of Things (IoT) devices could create an especially big opportunity for Soundhound AI.
SoundHound AI (NASDAQ: SOUN) stock is on a roller-coaster ride so far in 2024, rising tremendously in the first three months to hit a 52-week high in mid-March, but has since lost 45% of its value
Before you buy stock in SoundHound AI, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoundHound ...
The company also raised its full-year sales guidance for 2024 and 2025. It now expects sales for last year to come in between $82 million and $85 million, and it anticipates revenue between $155 ...
As a result, the stock could continue to record serious gains, and investors may want to keep this stock on their radar heading into 2025. Prediction: SoundHound AI Stock Will Soar in 2025 Skip to ...
Forecasts predict the AI sector to hit $244 billion in 2025, up from 2024's $184 billion, and to reach $827 billion by 2030. This contributes to the factors making SoundHound a compelling investment.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoundHound AI wasn’t one of them. The 10 stocks that made the ...