SoundHound AI Inc [NASDAQ: SOUN] slipped around -0.37 points on Friday, while shares priced at $9.10 at the close of the session, down -3.91%.
Compared to the average trading volume of 28.30M shares, SOUN reached a trading volume of 25344477 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 Average True Range (ATR) for SoundHound AI Inc is set at 0.68, with the Price to Sales ratio for SOUN stock in the period of the last 12 months amounting to 35.76. The Price to Book ratio for the last quarter was 9.20, with the Price to Cash per share for the same quarter was set at 0.61.
How has SOUN stock performed recently?
SoundHound AI Inc [SOUN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.99. With this latest performance, SOUN shares dropped by -22.62% in over the last four-week period, additionally sinking by -36.03% over the last 6 months – not to mention a rise of 95.70% in the past year of trading.
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SoundHound AI Inc [SOUN]: Deeper insight into the fundamentals
SoundHound AI Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.92 and a Current Ratio set at 4.92.
Insider trade positions for SoundHound AI Inc [SOUN]
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%.
