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After finishing at $11.19 in the prior trading day, SoundHound AI Inc (NASDAQ: SOUN) closed at $10.27, down -8.22%. In other words, the price has decreased by -$8.22 from its previous closing price. On the day, 37.36 million shares were traded.
Ratios:
Our goal is to gain a better understanding of SOUN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.92 and its Current Ratio is at 4.92. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On August 09, 2024, Cantor Fitzgerald Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $5 to $7.
Cantor Fitzgerald Upgraded its Underweight to Neutral on April 11, 2024, while the target price for the stock was maintained at $4.90.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 14 ’25 when STONEHOCKER TIMOTHY sold 44,157 shares for $12.00 per share. The transaction valued at 529,884 led to the insider holds 723,009 shares of the business.
HOM JAMES MING sold 3,815 shares of SOUN for $38,150 on May 12 ’25. The Chief Product Officer now owns 637,090 shares after completing the transaction at $10.00 per share. On May 12 ’25, another insider, JAMES M HOM, who serves as the Director of the company, bought 3,815 shares for $8.98 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 40.36 while its Price-to-Book (P/B) ratio in mrq is 10.38.
Stock Price History:
Over the past 52 weeks, SOUN has reached a high of $24.98, while it has fallen to a 52-week low of $3.82. The 50-Day Moving Average of the stock is 12.26%, while the 200-Day Moving Average is calculated to be 9.58%.
Shares Statistics:
A total of 368.87M shares are outstanding, with a floating share count of 359.76M. Insiders hold about 10.45% of the company’s shares, while institutions hold 41.07% stake in the company.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 3.0 analysts currently analyzing and rating the stock of SoundHound AI Inc (SOUN).The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.03 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.13 and -$0.18 for the fiscal current year, implying an average EPS of -$0.16. EPS for the following year is -$0.06, with 3.0 analysts recommending between -$0.02 and -$0.08.
Revenue Estimates
7 analysts predict $32.89M in revenue for the current quarter. It ranges from a high estimate of $33.62M to a low estimate of $31.02M. As of the current estimate, SoundHound AI Inc’s year-ago sales were $13.46MFor the next quarter, 7 analysts are estimating revenue of $44.41M. There is a high estimate of $48.93M for the next quarter, whereas the lowest estimate is $35.17M.
A total of 7 analysts have provided revenue estimates for SOUN’s current fiscal year. The highest revenue estimate was $167.3M, while the lowest revenue estimate was $132.24M, resulting in an average revenue estimate of $159.64M. In the same quarter a year ago, actual revenue was $84.69MBased on 6 analysts’ estimates, the company’s revenue will be $200.31M in the next fiscal year. The high estimate is $221.31M and the low estimate is $144.14M.
