SoundHound AI Inc [NASDAQ: SOUN] plunged by $29339990.08 during the normal trading session on Friday and reaching a high of $10.285 during the day while it closed the day at $29340000.0.
SoundHound AI Inc stock has also gained 2.72% of its value over the past 7 days. However, SOUN stock has inclined by 10.70% in the 3 months of the year. Over the past six months meanwhile, it has lost -51.88% and gained 150.77% year-on date.
The market cap for SOUN stock reached $3.95 billion, with 368.87 million shares outstanding and 359.95 million shares in the current float. Compared to the average trading volume of 29.34M shares, SOUN reached a trading volume of 37487004 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about SoundHound AI Inc [SOUN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SOUN shares is $11.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SOUN stock is a recommendation set at 1.78. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Piper Sandler have made an estimate for SoundHound AI Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on May 27, 2025. The new note on the price target was released on November 13, 2024, representing the official price target for SoundHound AI Inc stock. Previously, the target price had yet another raise from $5 to $7, while Cantor Fitzgerald kept a Overweight rating on SOUN stock.
The Price to Book ratio for the last quarter was 9.94, with the Price to Cash per share for the same quarter was set at 0.61.
SOUN stock trade performance evaluation
SoundHound AI Inc [SOUN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.72. With this latest performance, SOUN shares dropped by -10.39% in over the last four-week period, additionally sinking by -51.88% over the last 6 months – not to mention a drop of -50.45% in the past year of trading.
SoundHound AI Inc [SOUN]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and SoundHound AI Inc [SOUN] shares currently have an operating margin of -132.17% and a Gross Margin at 34.35%. SoundHound AI Inc’s Net Margin is presently recorded at -184.41%.
Return on Equity for this stock declined to -43.07%, with Return on Assets sitting at -43.07%.
SoundHound AI Inc [SOUN]: Institutional Ownership
There are presently around $44.88%, or 45.30% of SOUN stock, in the hands of institutional investors. The top three institutional holders of SOUN stocks are: VANGUARD GROUP INC with ownership of 22.69 million shares, which is approximately 6.8376%. BLACKROCK INC., holding 21.44 million shares of the stock with an approximate value of $$84.7 million in SOUN stocks shares; and BLACKROCK INC., currently with $$28.26 million in SOUN stock with ownership which is approximately 2.1561%.
