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SoundHound AI, Inc. (SOUN)

NasdaqGM - NasdaqGM Real-time price. Currency in USD
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4.6900-0.2200 (-4.48%)
As of 03:10PM EDT. Market open.
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Trade prices are not sourced from all markets
Previous close4.9100
Bid4.6900 x 100
Ask4.7000 x 100
Day's range4.5950 - 4.8300
52-week range1.4900 - 10.2500
Avg. volume50,164,822
Market cap1.544B
Beta (5Y monthly)3.27
PE ratio (TTM)N/A
EPS (TTM)-0.3800
Earnings date06 Aug 2024 - 12 Aug 2024
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est7.17

    SoundHound AI Inc Reports Q1 Revenue Surge, Exceeds Analyst Expectations

    Revenue Growth Highlights Strong Market Demand for Voice AI Solutions

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    On today's episode of The Morning Brief, Hosts Seana Smith and Brad Smith break down some of the biggest news affecting the market (^DJI, ^IXIC, ^GSPC). President Biden is reportedly set to release a new wave of tariffs targeting China in critical sectors, including electric vehicles, semiconductors, and solar equipment. Novavax (NVAX) shares skyrocket following the announcement of a $1.2 billion deal with Sanofi (SNY) to commercialize its combined COVID-19 and flu shot. Restaurant and business review platform Yelp (YELP) misses first-quarter earnings estimates as US consumer spending remains relatively weak. Taiwan Semiconductor (TSM) sales jumped nearly 60% year-over-year as the artificial intelligence race heats up and demand for chips rises. Wedbush Securities Managing Director Dan Ives joins Yahoo Finance to discuss "the fourth Industrial Revolution" in AI and Apple's (AAPL) position among other Big Tech competitors. Sweetgreen (SG) shares soar after topping first-quarter revenue expectations and raising its full-year guidance. CEO Jonathan Neman joins to discuss the company's plans moving forward. This post was written by Melanie Riehl

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    SoundHound AI stock jumps after raising 2024 revenue outlook

    Shares of SoundHound AI (SOUN) are jumping Friday morning in pre-market trading as the company boosted its full-year revenue outlook for 2024. The artificial intelligence voice and speech recognition developer posted first-quarter revenue $11.6 million, a growth of 73% while closing the quarter with $226 Million in cash. Morning Brief Anchors Brad Smith and Seana Smith break down the latest development for SoundHound AI and analyst commentary around the AI stock. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino