SoundHound AI (NASDAQ:SOUN) Given Neutral Rating at Piper Sandler

Piper Sandler reissued their neutral rating on shares of SoundHound AI (NASDAQ:SOUN) in a research report sent to investors on Friday,Benzinga reports. They currently have a $9.00 price objective on the stock, down from their prior price objective of $11.00.

Several other equities analysts have also issued reports on SOUN. LADENBURG THALM/SH SH raised shares of SoundHound AI to a “strong-buy” rating in a report on Thursday, December 18th. Zacks Research raised SoundHound AI from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. DA Davidson set a $14.00 price target on SoundHound AI in a research report on Thursday, January 8th. Cantor Fitzgerald upgraded SoundHound AI from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $13.00 to $15.00 in a research note on Friday, December 12th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SoundHound AI in a research report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $15.79.

SoundHound AI Trading Down 4.3%

Shares of SOUN traded down $0.38 during midday trading on Friday, reaching $8.60. 47,062,538 shares of the stock were exchanged, compared to its average volume of 25,894,358. The company has a market capitalization of $3.61 billion, a P/E ratio of -171.91 and a beta of 2.64. SoundHound AI has a 52 week low of $6.52 and a 52 week high of $22.17. The company’s 50 day moving average is $9.58 and its two-hundred day moving average is $12.93.

SoundHound AI (NASDAQ:SOUN) last released its quarterly earnings data on Thursday, February 26th. The company reported ($0.02) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.02). The company had revenue of $55.06 million during the quarter, compared to analyst estimates of $53.88 million. SoundHound AI had a negative net margin of 8.71% and a negative return on equity of 3.82%. The firm’s revenue for the quarter was up 59.4% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.05) earnings per share. On average, sell-side analysts expect that SoundHound AI will post -0.38 EPS for the current year.

Insiders Place Their Bets

In other SoundHound AI news, CEO Keyvan Mohajer sold 144,326 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $11.28, for a total transaction of $1,627,997.28. Following the sale, the chief executive officer owned 2,198,287 shares of the company’s stock, valued at approximately $24,796,677.36. The trade was a 6.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Majid Emami sold 32,741 shares of the firm’s stock in a transaction on Friday, December 26th. The stock was sold at an average price of $10.66, for a total transaction of $349,019.06. Following the completion of the transaction, the senior vice president directly owned 532,845 shares of the company’s stock, valued at approximately $5,680,127.70. This represents a 5.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 460,922 shares of company stock valued at $5,199,073. 9.17% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On SoundHound AI

Several hedge funds have recently made changes to their positions in SOUN. Kieckhefer Group LLC grew its position in shares of SoundHound AI by 47.2% during the 3rd quarter. Kieckhefer Group LLC now owns 259,000 shares of the company’s stock valued at $4,165,000 after acquiring an additional 83,000 shares during the period. Osaic Holdings Inc. raised its holdings in SoundHound AI by 14.0% in the 2nd quarter. Osaic Holdings Inc. now owns 498,691 shares of the company’s stock worth $5,351,000 after purchasing an additional 61,212 shares during the period. Sigma Planning Corp boosted its position in SoundHound AI by 238.1% during the second quarter. Sigma Planning Corp now owns 106,661 shares of the company’s stock worth $1,144,000 after purchasing an additional 75,113 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in SoundHound AI by 252.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 218,868 shares of the company’s stock valued at $3,519,000 after purchasing an additional 156,835 shares during the period. Finally, Fluent Financial LLC purchased a new stake in shares of SoundHound AI in the third quarter valued at approximately $1,083,000. 19.28% of the stock is owned by institutional investors and hedge funds.

SoundHound AI News Roundup

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

• Positive Sentiment: Revenue beat and strong growth — Q4 revenue rose ~59% year‑over‑year to $55.06M, topping Street estimates and contributing to record annual revenue of $169M. This headline growth is the primary bullish driver for the stock. GlobeNewswire: Press Release
• Positive Sentiment: Strong cash position — company reported ending the quarter with about $248M in cash, supporting execution of product rollouts and R&D as it scales agentic AI for enterprise customers. Benzinga: Cash / Results
• Positive Sentiment: Product and expansion catalysts — company launched a “Sales Assist” retail voice agent and opened a new innovation hub in Bengaluru to accelerate agentic AI development, moves that expand TAM and execution capacity. Yahoo Finance: Bengaluru hub
• Neutral Sentiment: EPS and margins — reported EPS roughly in line with consensus (company reported ($0.02) EPS / in‑line with estimates), while GAAP and non‑GAAP losses persist; investors interpreted the EPS print as neither a clear beat nor a cure for ongoing profitability concerns. Zacks: Q4 recap
• Negative Sentiment: Analyst reaction: Piper Sandler cut its price target to $9 (from $11) and kept a “neutral” rating — the lower target and lack of an upgrade reduce near‑term upside expectations and likely weighed on the stock. Benzinga / TickerReport: Piper Sandler update
• Negative Sentiment: Profitability & guidance ambiguity — despite revenue beats, the company still reports negative margins and a FY‑2026 revenue guide range ($225M–$260M) that leaves room for investor concern vs. consensus; rising expenses and continued losses keep sentiment cautious. Company: Q4 presentation / press release

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.