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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.
DOCN Revenue Estimates for Current Fiscal Year data by YCharts. However, don't be surprised to see the company delivering stronger growth in both 2025 and 2026.
SoundHound AI (NASDAQ: SOUN) reported quarterly financial results and raised revenue forecasts for 2025 and 2026. Stock prices used were the afternoon prices of Nov. 12, 2024. The video was ...
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.
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
SOUN Revenue Estimates for Current Fiscal Year data by YCharts. Don't be surprised to see SoundHound exceeding that mark in 2026 as its estimated backlog of $700 million is big enough to help it ...