SoundHound AI (NASDAQ:SOUN) Earns Neutral Rating from Piper Sandler

SoundHound AI (NASDAQ:SOUN)‘s stock had its “neutral” rating reissued by research analysts at Piper Sandler in a note issued to investors on Friday,Benzinga reports. They currently have a $9.00 price target on the stock, down from their previous price target of $11.00. Piper Sandler’s price target would indicate a potential upside of 2.19% from the company’s current price.

Other equities research analysts also recently issued research reports about the stock. LADENBURG THALM/SH SH raised shares of SoundHound AI to a “strong-buy” rating in a report on Thursday, December 18th. Cantor Fitzgerald upgraded shares of SoundHound AI from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $13.00 to $15.00 in a report on Friday, December 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of SoundHound AI in a report on Friday, January 9th. DA Davidson set a $14.00 target price on SoundHound AI in a research report on Thursday, January 8th. Finally, Zacks Research raised SoundHound AI from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $15.79.

SoundHound AI Price Performance

Shares of SOUN stock traded down $0.17 on Friday, hitting $8.81. 29,937,836 shares of the stock traded hands, compared to its average volume of 26,964,387. The company’s fifty day moving average is $9.63 and its 200 day moving average is $12.98. SoundHound AI has a 1-year low of $6.52 and a 1-year high of $22.17. The company has a market capitalization of $3.70 billion, a PE ratio of -10.49 and a beta of 2.64.

SoundHound AI (NASDAQ:SOUN) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.02). SoundHound AI had a negative return on equity of 93.64% and a negative net margin of 211.16%.The business had revenue of $55.06 million for the quarter, compared to the consensus estimate of $53.88 million. During the same quarter last year, the business posted ($0.05) EPS. The business’s revenue was up 59.4% on a year-over-year basis. As a group, equities research analysts expect that SoundHound AI will post -0.38 EPS for the current year.

Insider Activity at SoundHound AI

In related news, CFO Nitesh Sharan sold 60,780 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $11.28, for a total value of $685,598.40. Following the completion of the sale, the chief financial officer directly owned 1,705,148 shares in the company, valued at approximately $19,234,069.44. This represents a 3.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Keyvan Mohajer sold 144,326 shares of the stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $11.28, for a total value of $1,627,997.28. Following the transaction, the chief executive officer owned 2,198,287 shares in the company, valued at approximately $24,796,677.36. This trade represents a 6.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 460,922 shares of company stock worth $5,199,073. 9.17% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Danske Bank A S bought a new position in SoundHound AI in the 3rd quarter valued at $26,000. Investors Research Corp lifted its stake in shares of SoundHound AI by 62.4% during the third quarter. Investors Research Corp now owns 1,822 shares of the company’s stock valued at $29,000 after acquiring an additional 700 shares during the period. Financial Consulate Inc. bought a new position in SoundHound AI in the third quarter valued at about $32,000. Sound Income Strategies LLC increased its position in SoundHound AI by 37.3% in the third quarter. Sound Income Strategies LLC now owns 2,116 shares of the company’s stock worth $34,000 after purchasing an additional 575 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in SoundHound AI by 83.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,336 shares of the company’s stock worth $25,000 after purchasing an additional 1,060 shares during the last quarter. 19.28% of the stock is currently owned by institutional investors and hedge funds.

SoundHound AI News Summary

Here are the key news stories impacting SoundHound AI this week:

• Positive Sentiment: Revenue beat and strong growth — Q4 revenue rose ~59% year‑over‑year to $55.06M, slightly above consensus, and annual revenue hit a record ~$169M, signaling continued enterprise adoption. SoundHound Posts Better-Than-Expected Sales
• Positive Sentiment: Healthy liquidity — the company ended the quarter with roughly $248M in cash, providing runway to invest in product development and integrations without immediate financing pressure. SoundHound Beats Revenue Estimates, Ends Quarter With $248M Cash
• Positive Sentiment: Product & geographic expansion — launch of the Sales Assist retail agent (MWC) and a new innovation hub in Bengaluru expand addressable markets and engineering capacity, supporting future enterprise deal flow. Sales Assist Launch
• Neutral Sentiment: Mixed EPS signal — outlets describe results differently (some call EPS in‑line at a ($0.02) loss, others highlight an EPS beat), leaving short‑term interpretation varied; investors are focused on margin trajectory and management commentary. SOUN Posts In-Line Earnings
• Negative Sentiment: Profitability and margin pressure — GAAP losses widened, non‑GAAP net loss persisted, and net margins/ROE remain deeply negative, keeping the path to sustained profitability uncertain. Earnings Call Highlights
• Negative Sentiment: Market skepticism signals — high short interest and significant insider selling increase volatility risk and could amplify downward pressure if growth or margin improvements disappoint. QuiverQuant Summary (includes insider/short data)

About SoundHound AI

SoundHound AI, Inc is a voice AI and conversational intelligence company specializing in speech recognition, natural language understanding and sound identification technologies. Founded in 2005 and headquartered in Santa Clara, California, the company initially gained recognition with its music discovery app before pivoting to enterprise-grade voice AI solutions. Over the years, SoundHound AI has built a comprehensive platform that enables developers and businesses to embed conversational intelligence into a wide range of products and services.

The company’s core offering is the Houndify voice AI platform, which provides customizable speech-to-meaning technology, domain-specific natural language understanding and text-to-speech capabilities.