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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 ...
Image source: Getty Images. Strong financial momentum. In the third quarter (for the period ended Sept. 30), SoundHound AI posted revenue of $25.1 million, an 89% year-over-year increase.
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
The stock has more than doubled in value this year. However, with a market cap of just $1.7 billion, there could still be a lot of upside for investors if its business continues to grow and ...
Data by YCharts.. Additionally, SoundHound's one-year price target of $12.36, according to Yahoo! Finance, is lower than its current stock price. This suggests analysts covering SoundHound believe ...
If analysts' Q3 forecast proves accurate at $23.0 million, the company's top line would increase 73% on a year-over-year basis. That would be a significant acceleration from last quarter and the ...
In this video, Travis Hoium covers SoundHound AI's business, where its growth comes from, and just how expensive the stock is today. *Stock prices used were end-of-day prices of Dec. 7, 2024. The ...