SoundHound Share Price: SOUN Stock Live Quote & Analysis

If you’ve been watching SoundHound AI stock lately, you’ve probably noticed the wild ride. The ticker SOUN has swung from under a dollar to nearly $25 in just a few years, and now sits around $8—roughly two-thirds below those 2024 highs. With analysts broadly bullish but the share price stuck in a rut, the real question is whether this is a buying opportunity or a value trap. Here’s what the numbers and the experts actually say.

Current Price: $8.07 · Market Cap: $3.44B · P/E Ratio: -28.93 · 52-Week Range: $5.86–$22.17

Six data points capture where SOUN stands right now: price, valuation, revenue momentum, analyst sentiment, volatility, and the upcoming earnings catalyst.

Is SoundHound a good stock to buy?

That depends entirely on your time horizon and tolerance for risk. The bullish case rests on two pillars: explosive revenue growth and an analyst community that hasn’t lost faith. SoundHound posted $168.92M in 2025 revenue, nearly doubling the prior year’s figure—a growth rate that puts most AI peers to shame. Meanwhile, six analysts covering the stock maintain a Buy consensus, with an average price target around $15.50, according to StockAnalysis. That’s roughly 96% upside from current levels.

Wall Street analyst views

The analyst ratings breakdown tells a clearer story than any single price target. According to Public.com, 50% of analysts rate SOUN a Strong Buy, 33% say Buy, and 17% are holding. TipRanks data shows 10 Buy ratings versus just 1 Hold among recent coverage, with targets spanning $12 to $26. DA Davidson analyst Gil Luria recently raised his target to $17 from $15, citing the company’s voice AI positioning and new revenue streams. Northland Securities upgraded the stock to Buy back in August 2025 with a $14.50 target.

Buy-the-dip arguments

For contrarians, the 68% drop from December 2024 highs looks like a potential entry point. The 52-week low sits at $5.86, meaning SoundHound has already bounced significantly off that floor. Public.com’s analyst team specifically cites the LivePerson acquisition and entry into the Voice Commerce Market as reasons for optimism, assigning a $17 price target themselves. With Q1 2026 sales forecast at $40.49M, the company appears to be maintaining its growth cadence despite the stock’s struggles.

Why is SoundHound stock falling?

The stock has pulled back sharply from its December 2024 peak of $24.98, and the reasons are partly structural. SoundHound still posts negative earnings per share (-$0.61 TTM), and the P/E ratio of -28.93 reflects that investors are pricing in future profitability that hasn’t materialized yet. Some analysts point to overvaluation concerns, noting that the market may have gotten ahead of fundamentals during the AI hype cycle of 2024.

Recent performance factors

Year-to-date, SOUN has declined roughly 9.4%, moving from around $19.84 to its current $8.07 level. The stock fell approximately 40% after receiving a Hold rating in October 2025, according to StockAnalysis. Trading volume has been relatively modest at around 109,796 shares daily, which can amplify price swings in either direction. The weekly performance shows a -6.88% decline recently, though the monthly picture is healthier at +11.39%.

Overvaluation alerts

Not everyone is bullish. At least one analyst view—classified as medium confidence—suggests SOUN remains a Sell due to overvaluation, persistent unprofitability, and heavy reliance on M&A-driven growth rather than organic expansion. The revenue growth of 99.5% is impressive, but when a stock trades at a negative P/E and the company hasn’t reached profitability, skeptics argue the multiple is difficult to justify without consistent execution on future quarters.

Is SoundHound overvalued?

The valuation question doesn’t have a clean answer. On traditional metrics, SOUN looks expensive: a P/E ratio of -28.93 means you’re paying for losses, not earnings. The market cap of $3.44B against $168.92M in annual revenue implies a price-to-sales ratio of roughly 20x, which is elevated even for a high-growth tech company. Some models, as noted by StockAnalysis, price the stock for 44% revenue CAGR and 20% free cash flow margins—a demanding forecast that leaves little room for setbacks.

Valuation metrics

The negative P/E exists because SoundHound posted a net loss of -$14.01M in 2025, though that’s a 96% improvement from the prior year’s losses. The company does boast a strong balance sheet with no debt, which Public.com analysts highlight as a positive. With 422.81M shares outstanding and a float of 365.95M, the stock has reasonable liquidity for retail and institutional investors alike.

Comparison to peers

Within the voice AI and speech recognition space, SoundHound’s valuation reflects its status as a pure-play growth stock rather than an established profit center. Competitors like larger AI companies trade at varying multiples, but the key differentiator is SoundHound’s focus on enterprise voice AI and the recent expansion into Voice Commerce. Whether that positioning justifies a 20x revenue multiple depends heavily on how aggressively the market adopts voice-enabled commercial applications over the next several years.

How high could SoundHound stock go?

Bullish targets paint an optimistic picture. The highest analyst target on the street sits at $26, according to TipRanks data, which would represent a 220% gain from current levels. Even the more conservative targets cluster around $14–$15, implying roughly 80-90% upside. TradingView shows analyst targets ranging from $9 to $20, with the all-time high of $24.98 setting the upper bound of what’s been achievable when sentiment is strongest.

Short-term targets

Zacks short-term price target consensus sits at $11.50, with a low of $8 and high of $18. The average ranking from Zacks is 1.86 (Strong Buy leaning), though that metric has fluctuated with recent performance. DA Davidson’s $17 target and Public.com’s $17 target represent the more bullish near-term expectations, while the floor appears to be around $9 from the more cautious analysts.

Analyst forecasts

For 2026 specifically, Q1 sales are forecast at $40.49M with EPS expected to improve from -$0.38 to -$0.27 over the coming year. The revenue growth rate of 99.5% in 2025 will be difficult to replicate at the same magnitude, but any sequential improvement in profitability metrics could shift sentiment. The next major catalyst is the May 7 earnings release, which will either validate the current analyst optimism or prompt target reductions.

What will SoundHound be worth in 5 years?

Five-year projections for a volatile AI stock are inherently speculative, but the bull case hinges on sustained execution in voice AI and expansion of the LivePerson-acquired capabilities. If SoundHound can maintain its 99% revenue growth trajectory—even at a declining rate—and eventually reach profitability, the stock could revisit its $24.98 highs and potentially exceed them. However, if growth slows or the company fails to convert revenue into earnings, the current valuation could compress significantly.

Long-term predictions

Analyst coverage doesn’t extend to formal 2030 targets, but the underlying themes are clear: voice AI adoption in automotive, smart devices, and enterprise applications represents a growing addressable market. The LivePerson acquisition potentially opens new revenue streams in the Chinese market and broader voice commerce, though the timeline for meaningful contribution remains uncertain. Risks highlighted by analysts include non-recurring revenue streams and customer concentration—factors that could either accelerate or decelerate growth depending on execution.

Growth scenarios

The base case among analysts appears to be continued strong revenue growth with gradual improvement in profitability metrics. Under this scenario, the stock could trade in the $15–$20 range within 12–18 months if the May 7 earnings beat expectations. The bear case centers on valuation compression if growth disappoints or the AI sector broadly corrects. Given the current 68% drawdown from highs, the market has already priced in considerable skepticism—leaving room for upside if execution improves.

Does SoundHound have a future?

The bull case for SoundHound’s longevity rests on its positioning within a rapidly expanding voice AI market. The company operates in the enterprise voice AI and speech recognition space, a sector seeing growing adoption across automotive, smart devices, and commercial applications. The LivePerson acquisition potentially opens doors into the Voice Commerce Market and the Chinese market, diversifying revenue streams beyond core voice AI services.

AI market position

Within the voice AI space, SoundHound stands as a pure-play growth stock focused on enterprise applications. Competitors include larger AI companies, but SoundHound’s niche positioning in voice AI for automotive and smart devices gives it distinct growth opportunities. The key question is whether the addressable market expands as quickly as the company needs to justify its current valuation.

Revenue outlook

Q1 2026 sales are forecast at $40.49M, which would maintain the growth cadence despite the stock’s struggles. The revenue growth of 99.5% in 2025 demonstrates market traction, but sustaining that trajectory beyond 2026 remains unclear. Analysts warn that non-recurring revenue streams and customer concentration create risks—if major contracts don’t renew or expand, growth could stall. The company has yet to reach profitability, making execution on future quarters essential for long-term viability.

How high could SoundHound stock go?

Bullish targets paint an optimistic picture. The highest analyst target on the street sits at $26, according to TipRanks data, which would represent a 220% gain from current levels. Even the more conservative targets cluster around $14–$15, implying roughly 80-90% upside. TradingView shows analyst targets ranging from $9 to $20, with the all-time high of $24.98 setting the upper bound of what’s been achievable when sentiment is strongest.

Short-term targets

Zacks short-term price target consensus sits at $11.50, with a low of $8 and high of $18. The average ranking from Zacks is 1.86 (Strong Buy leaning), though that metric has fluctuated with recent performance. DA Davidson’s $17 target and Public.com’s $17 target represent the more bullish near-term expectations, while the floor appears to be around $9 from the more cautious analysts.

Analyst forecasts

For 2026 specifically, Q1 sales are forecast at $40.49M with EPS expected to improve from -$0.38 to -$0.27 over the coming year. The revenue growth rate of 99.5% in 2025 will be difficult to replicate at the same magnitude, but any sequential improvement in profitability metrics could shift sentiment. The next major catalyst is the May 7 earnings release, which will either validate the current analyst optimism or prompt target reductions.

What will SoundHound be worth in 5 years?

Five-year projections for a volatile AI stock are inherently speculative, but the bull case hinges on sustained execution in voice AI and expansion of the LivePerson-acquired capabilities. If SoundHound can maintain its 99% revenue growth trajectory—even at a declining rate—and eventually reach profitability, the stock could revisit its $24.98 highs and potentially exceed them. However, if growth slows or the company fails to convert revenue into earnings, the current valuation could compress significantly.

Long-term predictions

Analyst coverage doesn’t extend to formal 2030 targets, but the underlying themes are clear: voice AI adoption in automotive, smart devices, and enterprise applications represents a growing addressable market. The LivePerson acquisition potentially opens new revenue streams in the Chinese market and broader voice commerce, though the timeline for meaningful contribution remains uncertain. Risks highlighted by analysts include non-recurring revenue streams and customer concentration—factors that could either accelerate or decelerate growth depending on execution.

Growth scenarios

The base case among analysts appears to be continued strong revenue growth with gradual improvement in profitability metrics. Under this scenario, the stock could trade in the $15–$20 range within 12–18 months if the May 7 earnings beat expectations. The bear case centers on valuation compression if growth disappoints or the AI sector broadly corrects. Given the current 68% drawdown from highs, the market has already priced in considerable skepticism—leaving room for upside if execution improves.

Is SoundHound a good buy now?

Aggressive investors with strong conviction on AI adoption may find the risk-reward compelling at current levels. The gap between analyst targets and current price reflects genuine uncertainty about whether SoundHound can convert its revenue momentum into the kind of profits that justify a $3.44B market cap.

Current market conditions

SOUN trades around $8.07 as of April 29, 2026, with a 52-week range of $5.86 to $22.17. The stock has declined 68% from its all-time high of $24.98 set in December 2024, suggesting the market has priced in considerable skepticism. Trading between $7.90 and $8.22 on April 29 shows continued volatility, and the beta of 2.88 means the stock swings roughly three times harder than the broader market. Daily volume around 109,796 shares remains modest, amplifying price moves in either direction. For aggressive investors, the 68% pullback from highs could represent a potential entry point before the May 7 earnings report. For conservative investors, waiting for the earnings release to confirm whether the bullish thesis has substance remains the safer approach. The earnings report on May 7 will either confirm the analyst optimism or force a reckoning with the valuation concerns that have weighed on the stock.

SoundHound AI is in a strong position for high growth with its voice AI platform, recent acquisition of LivePerson, and entry into the emerging Voice Commerce Market.

— Public.com Analyst Team (Public.com)

DA Davidson Sticks to Its Buy Rating… raised the price target to $17.00 (from $15.00).

— Gil Luria, DA Davidson Analyst (TipRanks)

The earnings report on May 7 will either confirm the bullish thesis or force a reckoning with the valuation concerns that have weighed on the stock. Until then, the gap between analyst targets and current price reflects genuine uncertainty about whether SoundHound can convert its revenue momentum into the kind of profits that justify a $3.44B market cap.