Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Impressive news from a high-profile business partner was a major reason for the stock price pop experienced by SoundHound AI (SOUN 7.84%) on Thursday. The artificial intelligence (AI) company was up by nearly 9% in late-session trading, a rate that was easily topping the 0.8% rise of the S&P 500 (^GSPC 0.61%).Follow the leaderThat news was the quarterly results posted after market hours Wednesday by leading graphics card processor company Nvidia, whose cutting-edge hardware products are widely used in the b ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

SoundHound AI (SOUN -1.07%) emerged as a top artificial intelligence (AI) stock to own this year after investors learned that Nvidia had invested in the business. It was a great vote of confidence in the up-and-coming voice AI business that the prestigious company invested in its operations. Many retail investors saw this as a sign that SoundHound may be the real deal and the next big AI stock to own.But when SoundHound reported its earnings numbers, it didn't exactly prove that it was the next Nvidia, and ...

SoundHound AI (SOUN 5.17%) is one of the more volatile stocks in the market right now.*Stock prices used were the afternoon prices of Nov. 17, 2024. The video was published on Nov. 19, 2024. ...

JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...

SoundHound AI (SOUN) shares are overvalued, as the Value Score of F suggests.SOUN shares are trading at a significant premium compared to the Zacks Computer & Technology sector. Its 12-month Price/Sales (P/S) of 14.43X is higher than the broader sector’s 6.13X, and the Zacks Computers - IT Services Industry’s 10.9X.SOUN shares are also trading at a premium compared with AI peers, C3.ai (AI) and BigBear.ai (BBAI) . Shares of AI and BBAI are currently trading at P/S of 7.84X and 2.31X, respectively.Is SoundHo ...

Financial Performance - SoundHound AI reported a 89% year-over-year revenue increase to $25 1 million in Q3, surpassing analyst expectations of $23 million [2] - The company's adjusted EPS improved to a loss of $0 04, better than the $0 06 loss a year ago and the $0 07 loss expected by analysts [2] - SoundHound raised its full-year revenue guidance for 2024 to $82-85 million from over $80 million, and for 2025 to $155-170 million from over $150 million [7] Business Growth - Cumulative subscriptions and bookings backlog doubled year-over-year, exceeding $1 billion including the Amelia acquisition, with an average contract duration of six years [3] - The company achieved double-digit growth in both automotive unit volume and unit pricing, while transitioning to more SaaS-like revenue streams [4] - SoundHound expanded its restaurant vertical, securing seven of the top 20 quick-service operators and signing a new deal with a top-three global pizza chain [5] Strategic Developments - The acquisition of Amelia enabled SoundHound to enter new verticals including telecom, healthcare, insurance, retail, and banking, while renewing contracts with a US military branch and a major payment card services company [6] - The company is integrating Amelia's technology to address gaps and expand into more verticals, potentially divesting lower-margin business segments [8] - SoundHound is developing its Polaris foundation model, built on billions of real conversations, with plans to incorporate Amelia's data to enhance future AI models [9] Market Position and Valuation - SoundHound's stock has risen approximately 200% year-to-date despite the recent dip following Q3 results [1] - The company trades at a forward price-to-sales multiple of 15 times 2025 analyst estimates, which is not considered particularly cheap [10][11] - SoundHound is positioned as a speculative growth stock with significant potential to become an AI voice ecosystem leader across industries [12]

Nvidia has been in magnificent form on the stock market in the past year, recording stunning gains of almost 207% as of this writing. This is thanks to the consistently strong growth in the company's top and bottom lines on account of the booming demand for its artificial intelligence (AI) chips.However, there is another AI stock that has outshined Nvidia on the market during this period. SoundHound AI (SOUN -4.07%), a small company that provides voice AI solutions to enterprises, has witnessed a 256% jump ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...