Search results
Results From The WOW.Com Content Network
According to six analysts covering SoundHound, the stock has a median 12-month price target of $7.00, a 36% jump from current levels. Five analysts rate it as a buy, while one has a hold rating ...
Management boosted the midpoint of its full-year revenue target from $70 million to $71 million. Both results left Wall Street's consensus estimates far behind, and SoundHound AI's stock surged as ...
First-quarter 2024 revenue jumped 73% year over year to $11.6 million. That said, SoundHound is still unprofitable with an operating loss of $28.5 million in the period
As of the time of this article, SoundHound AI has a market capitalization of $1.7 billion and trades at a price-to-sales (P/S) ratio of 24.8. By comparison, the P/S of the S&P 500 is 2.5.
SoundHound's cash burn could be a problem. In the first quarter, revenue rose 73% year over year to just shy of $12 million. But operating expenses were around four times that, which is why the ...
July 12, 2024 at 7:18 PM. SoundHound AI (NASDAQ: SOUN) stock surged higher in this week's trading. The company's share price closed out this week up 48% from last Friday's market close, according ...
For premium support please call: 800-290-4726 more ways to reach us
If SoundHound merely keeps pace with the market, it could generate $165 million in revenue by the final year. If it hits that target and grows at a more modest CAGR of 20% from 2030 to 2050, it ...