SoundHound AI (SOUN) Projected to Release Quarterly Earnings on Thursday

SoundHound AI (NASDAQ:SOUN) will likely be releasing its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect SoundHound AI to post earnings of ($0.1250) per share and revenue of $61.71 million for the quarter. Investors can check the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

SoundHound AI (NASDAQ:SOUN) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.11. The business had revenue of $61.90 million for the quarter, compared to analyst estimates of $52.38 million. SoundHound AI had a negative net margin of 67.45% and a negative return on equity of 30.22%. The company’s revenue was up 45.0% on a year-over-year basis. During the same period last year, the business earned ($0.19) EPS. On average, analysts expect SoundHound AI to post ($0.39) EPS for the current fiscal year and ($0.52) EPS for the next fiscal year.

SoundHound AI Trading Up 0.7%

SoundHound AI stock opened at $4.12 on Wednesday. The company has a fifty day simple moving average of $5.67 and a 200-day simple moving average of $7.13. The stock has a market cap of $1.83 billion, a P/E ratio of -10.84 and a beta of 2.89. SoundHound AI has a 12-month low of $4.04 and a 12-month high of $16.56.

Insider Buying and Selling

In other SoundHound AI news, COO Michael Zagorsek sold 71,113 shares of the stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $6.33, for a total transaction of $450,145.29. Following the completion of the sale, the chief operating officer directly owned 2,600,231 shares of the company’s stock, valued at approximately $16,459,462.23. This trade represents a 2.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider James Hom sold 38,730 shares of SoundHound AI stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $6.33, for a total value of $245,160.90. Following the completion of the transaction, the insider owned 1,105,555 shares in the company, valued at $6,998,163.15. This trade represents a 3.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 288,758 shares of company stock valued at $1,828,598 in the last quarter. 8.84% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Weiss Ratings raised SoundHound AI from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, October 15th. Piper Sandler lowered their price target on SoundHound AI from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Tuesday, September 22nd. Wall Street Zen upgraded shares of SoundHound AI from a “strong sell” rating to a “sell” rating in a research note on Saturday, October 24th. Yorkville Ives initiated coverage on shares of SoundHound AI in a report on Monday, October 5th. They set an “in-line” rating and a $6.50 price objective on the stock. Finally, DA Davidson lowered their target price on shares of SoundHound AI from $12.00 to $10.00 and set a “buy” rating for the company in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $11.50.

SoundHound AI Company Profile

SoundHound AI, Inc develops voice artificial intelligence and conversational intelligence technologies. Its platform is designed to enable people to interact with devices, applications and services using natural language, with capabilities including speech recognition, language understanding and conversational response generation.

The company’s offerings include the Houndify platform, which businesses can use to create branded voice assistants and conversational interfaces. SoundHound AI also provides voice-enabled solutions for industries such as automotive, restaurants and customer service, allowing users to access information, control functions, place orders and engage with businesses through voice interactions.