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SoundHound AI, Inc. (SOUN) Surpasses Market Returns: Some Facts Worth Knowing
SOUNSoundHound AI(SOUN) ZACKS·2025-04-20 21:26

Company Performance - SoundHound AI, Inc. closed at 7.83,reflectinga+0.847.83, reflecting a +0.84% change from the previous day, outperforming the S&P 500's gain of 0.13% [1] - Over the past month, the company's shares have decreased by 21.22%, underperforming the Computer and Technology sector's loss of 9.27% and the S&P 500's loss of 6.3% [1] Upcoming Earnings - The company is expected to report an EPS of -0.07, indicating stability compared to the same quarter last year [2] - Revenue is projected to be 30.21million,representingasignificantincreaseof160.6230.21 million, representing a significant increase of 160.62% from the same quarter last year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict an EPS of -0.16 and revenue of $165.76 million, reflecting increases of +84.62% and +95.72% respectively from the previous year [3] Analyst Sentiment - Recent revisions in analyst estimates are crucial as they often indicate near-term business trends, with positive revisions suggesting optimism about the company's profitability [3][4] - The Zacks Rank system, which evaluates these estimate changes, currently assigns SoundHound AI, Inc. a rank of 3 (Hold) [5] Industry Context - The Computers - IT Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 89, placing it in the top 36% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]