Lumida
/SOUN
⌘K
SoundHound AI Inc

SoundHound AI Inc

SOUN
$6.27USD↓-0.63%-0.04 today

MARKET CAP

2.7B

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$6 – $6

52W RANGE

$6
$22

AI Summary

Stalk
TrimMedium

SOUN remains entrenched in a Stage 4 decline with clear lower highs and lower lows beneath falling EMAs. The primary Lower Highs & Lower Lows pattern reinforces supply dominance, but oversold conditions and tight price tracking below the 9/20 EMA reduce short-side timing efficacy. We will defer fresh shorts and trim into rallies up into the 9/20 EMA resistance zone. A sustained move above the 21 EMA on rising volume would invalidate the medium-term bearish posture.

  • ↑Revenue up 52% YoY to $44.2M in Q1 2026, driven by enterprise deals.
  • ↑GAAP gross margin 31% (50% non-GAAP) reflects rising operating efficiency.
  • ↓P/S ratio of ~15.4 vs. 3.3 industry average signals overvaluation.
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

SoundHound AI, Inc. (NASDAQ: SOUN) operates in the conversational intelligence sector with a focus on providing advanced voice AI and conversational AI solutions across various industries, including automotive, healthcare, and financial services. With its innovative technology, SoundHound aims to transform customer interactions through its unique three-pillar strategy: Voice AI, AI customer service solutions, and voice commerce. The company has established itself as a leader in the fast-evolving landscape of AI technology, addressing the increasing demand for automated and engaging customer experiences.

Bull says

  • ↑Revenue up 52% YoY to $44.2M in Q1 2026, driven by enterprise deals.
  • ↑GAAP gross margin 31% (50% non-GAAP) reflects rising operating efficiency.
  • ↑Cash balance of $216M with zero debt supports R&D and M&A.
  • ↑LivePerson acquisition could add up to $100M in annual revenue.
  • ↑2026 revenue forecast of $225–260M underpins strong market demand.
  • ↑High growth factor and ample liquidity position it ahead in AI.

Bear says

  • ↓P/S ratio of ~15.4 vs. 3.3 industry average signals overvaluation.
  • ↓Adjusted EBITDA loss of $26.7M highlights persistent profitability challenges.
  • ↓Weak profitability factor and poor earnings yield raise margin concerns.
  • ↓Integration of LivePerson adds execution risk and potential disruption.
  • ↓High short interest reflects market skepticism amid volatile trading.
  • ↓Tightening enterprise budgets under macro headwinds may curb demand.

Investment themes with SOUN

Software↓ -1.57%

Cloud-based digital tools powering business productivity and innovation

MSFT · ORCL · PLTR

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-11-2026bullish

Transcript signals

Bull points

  • Sanhans started the year strong with top-line growth exceeding 50%, and excluding the impact of all acquisitions, our automotive and IoT AI business was up 88% year over year.
  • Our first acquisition has undergone a complete turnaround in under two years and is on the path of continuous growth.
  • we are already seeing an acceleration in that pace with this portion of our business getting its Q1 revenue forecast.

Bear points

  • one of our QSR customers conducted a careful analysis and reported that drive-through locations deploying our voice AI solutions are generating greater revenue than comparable locations that don't use handheld technology.
  • Adjusted EBITDA was loss of $26.7 million, GAAP net loss of $25 million, and GAAP net loss per share of success were impacted by the change in fair value of contingent liabilities of approximately $39 million.
Read full transcript analysis ›