Stock of the Day for July 12, 2024

SoundHound AI Stock Report

SoundHound AI
SOUN 90-day performance NASDAQ:SOUN SoundHound AI
Current Price
$17.21
-0.94 (-5.16%)
(As of 02:24 PM ET)
30 Day Performance
7.05%
  
 
90 Day Performance
70.26%
  
 
1 Year Performance
215.83%
  
 
Market Capitalization
$7.02B
Price Target
$15.50
Net Income
-$350.68M

About SoundHound AI

SoundHound AI, Inc. is a voice AI and conversational intelligence company specializing in speech recognition, natural language understanding and sound identification technologies. Founded in 2005 and headquartered in Santa Clara, California, the company initially gained recognition with its music discovery app before pivoting to enterprise-grade voice AI solutions. Over the years, SoundHound AI has built a comprehensive platform that enables developers and businesses to embed conversational intelligence into a wide range of products and services.

The company’s core offering is the Houndify voice AI platform, which provides customizable speech-to-meaning technology, domain-specific natural language understanding and text-to-speech capabilities. Houndify is used across multiple industries, including automotive, consumer electronics, hospitality and IoT, allowing end users to interact with devices and applications through natural, conversational language. In addition to Houndify, SoundHound AI maintains its SoundHound music identification app, which continues to serve millions of users globally by recognizing songs, identifying lyrics and providing contextual information about artists and tracks.

SoundHound AI serves clients and partners worldwide, with strategic relationships in the automotive sector—among them major global OEMs—and deployments in smart speakers, mobile applications and in-car infotainment systems. The company’s technology stack is designed to scale across geographies and languages, supporting developers with comprehensive documentation, SDKs and cloud-based APIs. This global reach has helped SoundHound AI secure collaborations that integrate voice AI into connected vehicles, home appliances and enterprise solutions.

The leadership team is led by co-founder and Chief Executive Officer Keyvan Mohajer, who has steered the company from its early days as a music app developer to its current position as a conversational intelligence provider. Fellow co-founder James Hom serves as Chief Technology Officer, overseeing continued innovation in speech recognition and natural language processing. Together, the executive team aims to expand SoundHound AI’s footprint in voice-enabled applications and accelerate adoption of its Houndify platform across new verticals.

SOUN Company Calendar

AUG. 7, 2025
Last Earnings
OCT. 30, 2025
Today
NOV. 6, 2025
Next Earnings (Estimated)
DEC. 31, 2025
Fiscal Year End

Recent SoundHound AI News

SoundHound AI (SOUN) to Release Quarterly Earnings on Thursday
Y Intercept Hong Kong Ltd Acquires New Holdings in SoundHound AI, Inc. $SOUN
SoundHound AI (NASDAQ:SOUN) Trading 2.5% Higher - Should You Buy?
These 3 Stocks with High Short Interest Have Been Explosive
SoundHound AI (NASDAQ:SOUN) Stock Price Down 3.4% - Here's What Happened
SoundHound AI (NASDAQ:SOUN) Trading 1.9% Higher - Still a Buy?
Top Automotive Stocks Worth Watching - October 27th
Sell These 2 AI Stocks and Buy This One Instead
SoundHound AI Research Reveals Strong Support for Agentic AI in Banking Sector
This report was written by MarketBeat.com on October 30, 2025. This report first appeared on MarketBeat.com.