SoundHound AI (NASDAQ:SOUN) Trading 3.8% Higher – Still a Buy?

SoundHound AI, Inc. (NASDAQ:SOUN) shares were up 3.8% during mid-day trading on Monday . The company traded as high as $11.29 and last traded at $11.00. Approximately 25,611,263 shares were traded during trading, a decline of 3% from the average daily volume of 26,396,625 shares. The stock had previously closed at $10.60.

More SoundHound AI News

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

• Positive Sentiment: Major CES product launch — SoundHound unveiled Amelia 7 (agentic AI) and Vision AI for vehicles, showcasing in?vehicle voice commerce (ordering, reservations, parking payments) and integrations for OEMs, which could open new monetization routes in automotive and smart devices. CES 2026: SoundHound AI Unveils Agentic Voice Commerce…
• Positive Sentiment: Strategic partnerships — Deals with OpenTable (restaurant reservations) and Parkopedia (parking payments) were highlighted as real-world commerce integrations that can accelerate adoption and drive transactional revenue. OpenTable And Parkopedia Deals Might Change The Case…
• Positive Sentiment: Technology moat claim — Analyst/industry writeups (Zacks) argue SoundHound’s hybrid AI (proprietary speech + LLM orchestration) offers speed, accuracy and cost advantages versus LLM?only players — supportive for competitive positioning in voice deployments. How SoundHound’s Hybrid AI Model Beats Pure LLM Players
• Neutral Sentiment: Investor watchlist / growth caveat — Commentary (Seeking Alpha, Sohu) places SOUN on watchlists for 2026 because of strong top?line growth (including acquisition contributions) but warns that organic growth guidance and integration of acquisitions will be critical to justify the premium. SoundHound AI: Adding To My 2026 Watchlist
• Negative Sentiment: Analyst price target cut — Piper Sandler trimmed its price target from $15 to $11 and moved to a neutral rating, a near?term negative signal for sentiment and downward pressure on expectations. Piper Sandler lowers SOUN price target
• Negative Sentiment: High?profile caution — A quoted investor on MSN advised against “buying the dip,” highlighting lingering valuation concerns and risk appetite among some large holders. That rhetoric can amplify selling if guidance or execution slips. Don’t buy the dip, says top investor about SoundHound stock
• Negative Sentiment: Insider selling & institutional churn — Recent data show heavy insider sales and mixed institutional moves (large buys by some funds but big reductions from others), which raises near?term governance/conviction concerns for investors watching insider signals. SoundHound AI Unveils Amelia 7 Agentic AI…

Analyst Upgrades and Downgrades

Several research firms have weighed in on SOUN. HC Wainwright lifted their target price on SoundHound AI from $18.00 to $26.00 and gave the stock a “buy” rating in a report on Thursday, October 16th. Oppenheimer began coverage on SoundHound AI in a research report on Thursday, September 11th. They issued a “market perform” rating for the company. Piper Sandler cut their price target on shares of SoundHound AI from $15.00 to $11.00 and set a “neutral” rating on the stock in a research note on Monday. Wedbush reiterated an “outperform” rating and issued a $16.00 price target on shares of SoundHound AI in a research note on Thursday, September 11th. Finally, LADENBURG THALM/SH SH raised shares of SoundHound AI to a “strong-buy” rating in a research report on Thursday, December 18th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $16.50.

SoundHound AI Stock Up 3.8%

The firm’s 50-day simple moving average is $12.57 and its 200 day simple moving average is $13.49. The firm has a market cap of $4.62 billion, a P/E ratio of -13.10 and a beta of 2.65.

SoundHound AI (NASDAQ:SOUN) last posted its earnings results on Thursday, November 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.06. SoundHound AI had a negative return on equity of 93.64% and a negative net margin of 211.16%.The firm had revenue of $42.05 million for the quarter, compared to the consensus estimate of $40.48 million. During the same quarter in the prior year, the business posted ($0.04) earnings per share. The business’s quarterly revenue was up 67.6% on a year-over-year basis. As a group, analysts forecast that SoundHound AI, Inc. will post -0.38 earnings per share for the current year.

Insider Buying and Selling at SoundHound AI

In related news, CTO Timothy Stonehocker sold 31,329 shares of the business’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $11.28, for a total value of $353,391.12. Following the sale, the chief technology officer directly owned 575,976 shares in the company, valued at approximately $6,497,009.28. The trade was a 5.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Michael Zagorsek sold 73,406 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $11.28, for a total transaction of $828,019.68. Following the completion of the transaction, the chief operating officer directly owned 1,787,459 shares of the company’s stock, valued at $20,162,537.52. This trade represents a 3.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 723,310 shares of company stock worth $10,747,881. Insiders own 9.17% of the company’s stock.

Institutional Trading of SoundHound AI

A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of SoundHound AI by 16.4% during the third quarter. Vanguard Group Inc. now owns 43,457,569 shares of the company’s stock worth $698,798,000 after buying an additional 6,132,648 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in SoundHound AI by 84.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,973,728 shares of the company’s stock valued at $40,390,000 after buying an additional 2,274,105 shares in the last quarter. Jump Financial LLC purchased a new stake in shares of SoundHound AI in the 3rd quarter valued at approximately $21,679,000. HRT Financial LP acquired a new stake in shares of SoundHound AI in the second quarter worth $11,914,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of SoundHound AI by 69.8% in the first quarter. Goldman Sachs Group Inc. now owns 2,639,689 shares of the company’s stock valued at $21,434,000 after acquiring an additional 1,085,473 shares during the last quarter. 19.28% of the stock is owned by hedge funds and other institutional investors.

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.