Nvidia-Backed SoundHound AI Stock Hits All-Time High
Key Takeaways SoundHound AI stock closed at a record high Monday after Wedbush raised its price target for the company.Analysts said the company is seeing strong demand for its AI voice solutions.SoundHound AI is backed in part by Nvidia.
Is SoundHound AI Stock a Buy Now?
SoundHound also improved its customer concentration and now relies less on a handful of large customers for the majority of its revenue. Just 12% of sales are attributed to its large customers now, down from 72% last year. This is a healthier revenue mix and means SoundHound's business would be less affected by one or two large customers leaving.
Why SoundHound AI Stock Rocketed Higher Again Today
The conversational-AI company's share price closed the day up about 12.5%. While there wasn't any direct business news pushing SoundHound AI's stock higher today, the company's share price was gaining ground in conjunction with news from other corners of the artificial intelligence (AI) market.
SoundHound's stock on pace for new all-time high
Shares of SoundHound AI Inc., which provides voice-technology software powered by artificial intelligence, are up 4.4% to $17.66 in premarket trading, continuing the stock's rise recent rise. SoundHound shares ended Friday's session up 23.
Why SoundHound AI Stock Is Skyrocketing Today
SoundHound AI surges as Frost & Sullivan shouts out healthcare opportunity. Frost & Sullivan published its 2024 Frost Radar report yesterday, and SoundHound AI's share price is se
‘Stay Grounded,’ Says Investor About SoundHound AI Stock
SoundHound AI (NASDAQ:SOUN) stock has had a phenomenal run this year, skyrocketing a remarkable 698% in 2024 and 82% this month alone. The
SoundHound Called 'Underappreciated Pure Play AI Company'
SoundHound AI stock scored a price-target hike as the maker of conversational AI voice technology continues its meteoric rise ...
Analysts Offer Insights on Technology Companies: SoundHound AI, Inc Class A (SOUN) and A10 Networks (ATEN)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on SoundHound AI, Inc Class A (SOUN – Research ...
What's Going On With SoundHound AI Stock?
SoundHound AI stock rose some 23.7% on Friday following several notable announcements from the company regarding conversational AI. SoundHound also recently partnered with Church's Texas Chicken to ...
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SoundHound AI Inc (SOUN) Stock Surge: The Transparent Factors Exposed
SoundHound AI Inc (SOUN) stock saw a modest uptick, ending the day at $16.91 which represents a slight increase of $3.24 or 23.70% from the prior close of $13.67. The stock opened at $13.79 and ...
Palo Alto Networks Stock vs. SoundHound AI Stock: Wall Street Sees Significant Downside in 1 and Says Buy the Other
Palo Alto and SoundHound AI have enjoyed the spoils from the artificial intelligence boom this year. Palo Alto focuses on ...
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Samsung, SoundHound AI among 2024 Automation and Self Service award winners
The Self-Service Innovation Summit announced the winners of its fifth annual Automation & Self-Service Awards on Dec. 10, ...
SoundHound AI: Redefining Business With AI Customer Service Becoming A Critical Utility
SoundHound AI is a leader in conversational AI, rapidly expanding in both enterprise and consumer markets. See why I rate ...
Why SoundHound AI Stock Skyrocketed 85% in November
Shares of voice assistant technology company SoundHound AI (NASDAQ: SOUN) skyrocketed 85.1% during November, according to ...
This hot AI stock is set to harness huge opportunity as ‘demand mojo’ plays out
In a note released Sunday, Wedbush raised its price target on SoundHound’s stock SOUN to $22 from $10, with analyst Dan Ives ...