However, what goes up often comes down, but H.C. Wainwright analyst Scott Buck thinks SoundHound stock has enough fuel in the tank to climb higher. On Dec. 23, he raised his bank's price target to $26 per share and maintained his buy rating. The new target implies a gain of 19.5% from SoundHound's closing price on Dec. 22.
SoundHound AI Inc (NASDAQ:SOUN) shares are trading lower Tuesday, pulling back from recent strength. The rally really accelerated in November when the company reported strong earnings. Here's what you need to know.
With shares rocketing higher so far this year, SoundHound AI (NASDAQ: SOUN) demonstrates the millionaire-making potential of stock market investing. Let's dig deeper to see if this artificial intelligence (AI) software stock still has gas left in the tank.
Therefore, SoundHound's stock could still be cut in half over the next two years if it doesn't meet its own lofty expectations. Meanwhile, two more reasonably valued AI stocks -- Innodata ( INOD 8.17%) and SentinelOn e ( S 0.45%) -- might have a shot a outperforming SoundHound and exceeding its market cap over the next two years.
SoundHound AI stock nabbed a price-target hike as a Wall Street analyst sees increasing demand for the company's conversational voice AI technology.
We recently published a list of 10 Biggest Gainers of Last Week. In this article, we are going to take a look at where SoundHound AI Inc. (NASDAQ:SOUN) stands against other biggest gainers of last week.
SoundHound AI ($SOUN) has been among the best stocks over the past 12 months. Up 926%, it’s topped only by a few companies, notably those in
Analysts have set 12-month price targets for SoundHound AI, revealing an average target of $12.64, a high estimate of $26.00, and a low estimate of $7.00. This upward trend is apparent, with the current average reflecting a 53.96% increase from the previous average price target of $8.21.
Nvidia (NASDAQ: NVDA) has become one of the most profitable investments in recent memory. Of course, the rise of artificial intelligence (AI) is the major reason why Nvidia's stock price has done so well.
If you put $10,000 into SoundHound AI (NASDAQ: SOUN) stock one year ago, you have $61,800 today. The company has emerged as an early winner in artificial intelligence (AI) as it seeks to dominate the market for speech and audio-related AI solutions.
SoundHound AI Inc (SOUN) stock saw a modest uptick, ending the day at $21.75 which represents a slight increase of $2.90 or 15.38% from the prior close of $18.85. The stock opened at $18.2 and touched a low of $17.
H.C. Wainwright analyst Scott Buck raised the firm’s price target on SoundHound (SOUN) to $26 from $8 and keeps a Buy rating on the shares.