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SoundHound AI, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses; May 27, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-04-29 22:33
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, April 29, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises SoundHound AI, Inc. ("SoundHound" or the "Company") (NASDAQ: SOUN) investors of a class action representing investors that bought securities between May 10, 2024 and March 3, 2025, inclusive (the "Class Period"). SoundHound AI, Inc. investors have until May 27, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney ...
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 27, 2025 in SoundHound AI, Inc. Lawsuit – SOUN
GlobeNewswire News Room· 2025-04-29 17:13
NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in SoundHound AI, Inc. ("SoundHound AI, Inc." or the "Company") (NASDAQ: SOUN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of SoundHound AI, Inc. investors who were adversely affected by alleged securities fraud between May 10, 2024 and March 3, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/soun ...
Levi & Korsinsky Notifies Shareholders of SoundHound AI, Inc.(SOUN) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-04-29 09:45
NEW YORK, April 29, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in SoundHound AI, Inc. ("SoundHound AI, Inc." or the "Company") (NASDAQ: SOUN) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of SoundHound AI, Inc. investors who were adversely affected by alleged securities fraud between May 10, 2024 and March 3, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/soundhound ...
SoundHound AI, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before May 27, 2025 to Discuss Your Rights – SOUN
GlobeNewswire News Room· 2025-04-28 16:41
NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of SoundHound AI, Inc. (NASDAQ: SOUN). Shareholders who purchased shares of SOUN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/soundhound-ai-inc-loss-submission-form/?id=145085&from=3 CLASS PERIOD: May 10 ...
2 Under-the-Radar AI Stocks With Market-Beating Potential
The Motley Fool· 2025-04-27 19:00
Market Overview - The current market is not favoring artificial intelligence (AI) stocks, leading to a sell-off of high-growth names that require favorable economic conditions to thrive [1] - This situation presents an opportunity to acquire top-performing AI stocks at significant discounts, with potential for strong market performance in the coming years [1] Company Analysis: SoundHound AI - SoundHound AI experienced remarkable growth in 2024, with stock prices increasing over 800% during the year, peaking at over 1,000% [3] - The company focuses on audio inputs for AI applications, particularly in digital assistants for cars and drive-thru automation, as well as healthcare, insurance, and finance products [3] - For Q4 2024, SoundHound AI reported a 101% revenue growth, reaching $34.5 million, and provided a 2025 revenue guidance of $157 million to $177 million, indicating a projected growth of 97% [4] - The company has a revenue backlog of $1.2 billion, which, if converted to revenue, suggests continued growth beyond the current projections [5] - Although SoundHound AI has not yet returned to its all-time highs, its growth trajectory indicates potential for recovery [6] Company Analysis: The Trade Desk - The Trade Desk faced challenges, including a missed revenue guidance for the first time in its history, resulting in a stock sell-off of over 30% [7] - Currently, the stock is trading 65% below its all-time high, presenting a potential buying opportunity [8] - The Trade Desk operates in the digital advertising marketplace, helping clients place ads in emerging areas such as podcast audio and connected TV, which are critical for future growth [9] - Analysts project revenue growth of 17% in 2025 and 20% in 2026, indicating strong future performance [10] - The stock trades at a forward price-to-earnings (P/E) ratio of 27, which, while not the cheapest, is the lowest level recorded for the company, suggesting a bargain for investors [12]
Class Action Filed Against SoundHound AI, Inc. (SOUN) Seeking Recovery for Investors - Contact Levi & Korsinsky
Prnewswire· 2025-04-25 09:45
Core Viewpoint - A class action securities lawsuit has been filed against SoundHound AI, Inc. alleging securities fraud that affected investors between May 10, 2024, and March 3, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that SoundHound AI, Inc. made false statements regarding its internal controls over financial reporting, which impaired its ability to account for corporate acquisitions [2]. - It is alleged that the company overstated its remediation efforts concerning material weaknesses in its internal controls [2]. - The lawsuit indicates that SoundHound's reported goodwill following the Amelia Acquisition was inflated and would require correction [2]. - The company is expected to incur additional time and costs to account for the SYNQ3 and Amelia Acquisitions due to these weaknesses [2]. - The allegations suggest an increased risk of the company failing to file certain financial reports with the SEC in a timely manner [2]. - Overall, the public statements made by SoundHound were claimed to be materially false and misleading during the relevant period [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 27, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].
Shareholders of SoundHound AI, Inc. Should Contact Levi & Korsinsky Before May 27, 2025 to Discuss Your Rights – SOUN
GlobeNewswire News Room· 2025-04-24 16:28
NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in SoundHound AI, Inc. ("SoundHound AI, Inc." or the "Company") (NASDAQ: SOUN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of SoundHound AI, Inc. investors who were adversely affected by alleged securities fraud between May 10, 2024 and March 3, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/soun ...
Investors who lost money on SoundHound AI, Inc.(SOUN) should contact The Gross Law Firm about pending Class Action - SOUN
GlobeNewswire News Room· 2025-04-23 17:20
NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of SoundHound AI, Inc. (NASDAQ: SOUN). Shareholders who purchased shares of SOUN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/soundhound-ai-inc-loss-submission-form/?id=144437&from=3 CLASS PERIOD: May 10 ...
SOUN vs. BBAI: Which AI Stock Has Bigger Potential in 2025?
ZACKS· 2025-04-23 17:15
As artificial intelligence (AI) continues to reshape industries, investors are increasingly turning to niche AI players that offer promising upside. Two such names—SoundHound AI (SOUN) and BigBear.ai (BBAI) —stand out for their unique positioning within the AI ecosystem. While they differ in size, each offers a pure-play focus on AI: SoundHound specializes in voice and conversational AI, while BigBear.ai provides data-driven “decision intelligence” solutions for enterprises and government. SoundHound’s mete ...
Prediction: SoundHound AI's Stock Will Double by 2027
The Motley Fool· 2025-04-23 10:45
Predicting that a stock will double in a certain time frame is a bold call, but predicting it will happen within two-and-a-half years is an even bolder take. However, I think that SoundHound AI (SOUN 8.60%) stock has the potential to do that if certain conditions are met.This rocket-growth AI stock is expected to put up unbelievable growth this year, and if it continues that trend, the valuation could certainly double by 2027.SoundHound AI is seeing a ton of growthSoundHound AI gives its clients a new way t ...