SoundHound AI, Inc. (NASDAQ:SOUN) Receives Consensus Rating of “Moderate Buy” from Analysts

SoundHound AI, Inc. (NASDAQ:SOUN) has received a consensus rating of “Moderate Buy” from the ten brokerages that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $14.9286.

SOUN has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SoundHound AI in a report on Monday, June 15th. LADENBURG THALM/SH SH raised shares of SoundHound AI to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, DA Davidson reissued a “buy” rating and issued a $14.00 target price on shares of SoundHound AI in a research report on Wednesday, April 22nd.

Key Headlines Impacting SoundHound AI

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

• Positive Sentiment: SoundHound announced a partnership with Deliverect to automate restaurant voice ordering end-to-end, expanding its reach into drive-thru, phone, kiosk, and in-car ordering across more than 100 languages. This could support revenue growth and deepen SOUN’s presence in restaurant automation. Deliverect and SoundHound AI Partner to Turn Voice Into a Fully Automated Ordering Channel for Restaurants
• Positive Sentiment: SoundHound is the announced counterparty in LivePerson’s pending transaction, and LivePerson is urging stockholders to vote in favor of the deal. If completed, the combination could add scale, strengthen the balance sheet, and broaden SoundHound’s strategic capabilities. LivePerson Sends Letter to Stockholders Highlighting Benefits of Pending Transaction with SoundHound AI
• Positive Sentiment: SoundHound’s restaurant automation story received additional attention from analysts, who pointed to OASYS, restaurant traction, and the LivePerson deal as potential catalysts for the company’s longer-term AI growth narrative. Can SoundHound Disrupt Restaurant Automation in 2026 and Beyond?
• Neutral Sentiment: SoundHound said it will report second-quarter 2026 results on August 5, a near-term event that could increase volatility as investors look for confirmation of growth momentum and improved margins. SoundHound AI To Report 2026 Second Quarter Financial Results, Host Conference Call and Webcast on August 5
• Neutral Sentiment: Recent coverage also noted that SOUN has delivered strong long-term gains, but it still screens as expensive after its run, which may be limiting enthusiasm despite favorable AI-related news. SoundHound AI (SOUN) Stock Could Trade At A Premium Despite Gartner Recognition
• Negative Sentiment: The stock has recently been slipping versus the broader market, suggesting investors remain cautious ahead of earnings and may be taking profits after earlier gains. Here’s Why SoundHound AI, Inc. (SOUN) Fell More Than Broader Market

Insiders Place Their Bets

In other SoundHound AI news, CEO Keyvan Mohajer sold 126,540 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $7.46, for a total transaction of $943,988.40. Following the sale, the chief executive officer owned 1,947,237 shares in the company, valued at $14,526,388.02. This represents a 6.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider James Ming Hom sold 28,843 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $7.46, for a total value of $215,168.78. Following the transaction, the insider directly owned 743,521 shares in the company, valued at approximately $5,546,666.66. This represents a 3.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 268,022 shares of company stock valued at $1,999,444. 8.84% of the stock is owned by company insiders.

Institutional Investors Weigh In On SoundHound AI

Several institutional investors and hedge funds have recently made changes to their positions in SOUN. Vanguard Group Inc. boosted its holdings in SoundHound AI by 4.4% in the fourth quarter. Vanguard Group Inc. now owns 45,367,437 shares of the company’s stock worth $452,313,000 after purchasing an additional 1,909,868 shares during the period. Geode Capital Management LLC raised its holdings in shares of SoundHound AI by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 9,180,321 shares of the company’s stock worth $91,543,000 after purchasing an additional 273,097 shares during the period. Morgan Stanley lifted its position in shares of SoundHound AI by 48.1% in the 4th quarter. Morgan Stanley now owns 8,987,522 shares of the company’s stock worth $89,606,000 after buying an additional 2,917,280 shares during the last quarter. State Street Corp lifted its position in shares of SoundHound AI by 0.9% in the 4th quarter. State Street Corp now owns 8,691,235 shares of the company’s stock worth $86,652,000 after buying an additional 80,908 shares during the last quarter. Finally, UBS Group AG boosted its holdings in shares of SoundHound AI by 77.6% in the 4th quarter. UBS Group AG now owns 6,124,283 shares of the company’s stock valued at $61,059,000 after buying an additional 2,676,707 shares during the period. 19.28% of the stock is owned by institutional investors and hedge funds.

SoundHound AI Stock Down 3.7%

Shares of NASDAQ SOUN opened at $6.22 on Friday. SoundHound AI has a fifty-two week low of $5.83 and a fifty-two week high of $22.17. The business has a 50 day moving average price of $7.22 and a two-hundred day moving average price of $7.95. The firm has a market cap of $2.69 billion, a PE ratio of -13.23 and a beta of 2.62.

SoundHound AI (NASDAQ:SOUN) last announced its earnings results on Thursday, May 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). The business had revenue of $44.20 million during the quarter, compared to analyst estimates of $42.56 million. SoundHound AI had a negative net margin of 91.84% and a negative return on equity of 40.15%. The business’s revenue for the quarter was up 51.7% on a year-over-year basis. During the same period in the previous year, the company earned ($0.06) earnings per share. On average, analysts anticipate that SoundHound AI will post -0.45 earnings per share for the current year.

SoundHound AI Company Profile

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.