SoundHound AI, Inc. (NASDAQ:SOUN) Stock Has Average Target Price of $12.75

14 Oct 2026, 05:28 by Teresa Graham · The Cerbat Gem

SoundHound AI, Inc. (NASDAQ:SOUN – Get Free Report) has received an average rating of “Moderate Buy” from the seven research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $12.75.

A number of analysts have recently issued reports on the stock. DA Davidson dropped their price target on shares of SoundHound AI from $12.00 to $10.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Piper Sandler decreased their price objective on shares of SoundHound AI from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Tuesday, September 22nd. Weiss Ratings restated a “sell (e+)” rating on shares of SoundHound AI in a research report on Friday, September 11th. Finally, Wall Street Zen downgraded shares of SoundHound AI from a “sell” rating to a “strong sell” rating in a research report on Saturday, September 26th.

View Our Latest Stock Analysis on SoundHound AI

Insider Transactions at SoundHound AI

In related news, SVP Majid Emami sold 38,730 shares of SoundHound AI stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $6.33, for a total value of $245,160.90. Following the completion of the sale, the senior vice president owned 834,253 shares of the company’s stock, valued at $5,280,821.49. The trade was a 4.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider James Hom sold 38,730 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $6.33, for a total value of $245,160.90. Following the sale, the insider owned 1,105,555 shares of the company’s stock, valued at approximately $6,998,163.15. This trade represents a 3.38% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 288,758 shares of company stock valued at $1,828,598 over the last 90 days. 8.84% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of SOUN. Krilogy Financial LLC bought a new stake in SoundHound AI during the third quarter valued at approximately $62,000. NewEdge Advisors LLC raised its position in SoundHound AI by 38.1% in the second quarter. NewEdge Advisors LLC now owns 132,072 shares of the company’s stock worth $855,000 after acquiring an additional 36,415 shares during the period. IFP Advisors Inc boosted its stake in shares of SoundHound AI by 10.7% during the 2nd quarter. IFP Advisors Inc now owns 32,748 shares of the company’s stock worth $212,000 after acquiring an additional 3,163 shares during the last quarter. Allworth Financial LP grew its position in shares of SoundHound AI by 12.7% during the 2nd quarter. Allworth Financial LP now owns 22,539 shares of the company’s stock valued at $146,000 after acquiring an additional 2,537 shares during the period. Finally, Waverly Advisors LLC increased its stake in shares of SoundHound AI by 6.9% in the 2nd quarter. Waverly Advisors LLC now owns 64,132 shares of the company’s stock worth $415,000 after purchasing an additional 4,138 shares in the last quarter. 19.28% of the stock is owned by hedge funds and other institutional investors.

SoundHound AI Trading Down 1.8%

SoundHound AI stock opened at $4.88 on Wednesday. SoundHound AI has a 12 month low of $4.85 and a 12 month high of $22.17. The stock has a fifty day simple moving average of $6.49 and a two-hundred day simple moving average of $7.00. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of -12.84 and a beta of 2.73.

SoundHound AI (NASDAQ:SOUN – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.11. SoundHound AI had a negative return on equity of 30.22% and a negative net margin of 67.45%. The firm had revenue of $61.90 million for the quarter, compared to the consensus estimate of $52.38 million. During the same period in the prior year, the company posted ($0.19) earnings per share. The company’s quarterly revenue was up 45.0% on a year-over-year basis. On average, equities research analysts forecast that SoundHound AI will post -0.32 EPS for the current fiscal year.

Key SoundHound AI News

Here are the key news stories impacting SoundHound AI this week:

Positive Sentiment: SoundHound’s acquisition of LivePerson, completed in September 2026, expands its enterprise AI reach and provides access to customers including 25 Fortune 100 brands. Investors may view the larger customer base as a potential catalyst for scaling conversational and agentic AI revenue. SoundHound Eyes 25 Fortune 100 Brands: Can LivePerson Unlock Scale?
Neutral Sentiment: Recent commentary frames SOUN as a high-growth but financially unproven investment. SoundHound has delivered rapid revenue growth, while competitors such as Innodata offer profitability and stronger balance sheets. The comparison reinforces that investors must weigh growth potential against SoundHound’s ongoing cash consumption. Innodata vs. SoundHound AI: Which Technology Stock Is a Better Buy in 2026?
Neutral Sentiment: Analysts have not identified a single clear catalyst for the recent selloff. Articles note that SoundHound declined while the S&P 500 and enterprise-software stocks advanced, raising questions about whether the weakness reflects temporary sentiment or deeper concerns about execution and future profitability. How Much Downside Is Left In SOUN Stock?
Negative Sentiment: SoundHound’s sharp monthly decline, fresh 12-month low, and move below $5 are weighing on momentum. The stock remains well below its 50-day and 200-day moving averages, which can encourage additional technical selling and increase investor concern about the company’s outlook. SoundHound AI Just Dropped 22% in a Month While Enterprise Software Rallied: Is It Time to Sell?
Negative Sentiment: Law firm Kahn Swick & Foti has opened an investigation into SoundHound’s officers and directors related to its prior acquisitions, including SYNQ3 and Amelia. Although the investigation does not establish wrongdoing, it introduces potential legal, governance, and reputational risks. SoundHound AI Investigation Initiated

SoundHound AI Company Profile

(Get Free Report)

SoundHound AI, Inc develops voice artificial intelligence technologies that enable people to interact with products and services using natural language. Its platform is designed to understand conversational speech, answer questions, and support voice-enabled experiences across automotive, restaurant, consumer electronics and other industries.