🚀 3 Explosive Reasons Why Analysts Are Doubling Down on SoundHound Stock (SOUN)

Wall Street's buzzing—SoundHound AI (SOUN) just flipped from 'niche play' to must-watch momentum stock. Here's why the algorithms—and human traders chasing them—are piling in.

1. Voice AI's Tipping Point Hits Harder Than Expected

Restaurants, cars, even smart toilets—SOUN's voice recognition now handles 100M+ queries monthly. That 'annoying chatbot' you argued with last week? Probably their tech.

2. Short Squeeze Fuel Meets Institutional FOMO

With 25% of float sold short, hedge funds got caught leaning the wrong way. Now BlackRock's algo just triggered a buy signal—classic 'when the ducks quack, feed them' scenario.

3. Revenue Growth Outpaces Crypto Meme Coins (For Now)

142% YoY sales spike makes SOUN one of few AI plays with actual revenue—not just ChatGPT knockoff promises. Though let's be real—if this were a token, it'd already have 10x'd.

The Bottom Line: This isn't 2021's speculative garbage. SoundHound's got contracts, tech that works, and a path to profitability. But tread carefully—when the last analyst upgrades hit, the smart money's usually halfway out the door.

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H.C. Wainwright Bets Big on Revenue Growth

H.C. Wainwright analyst Scott Buck remains upbeat on SoundHound, projecting more than 85% upside for the stock. He pointed to the company’s strong growth potential and ability to stay resilient despite broader economic challenges.

Although SoundHound slightly fell short of Q1 2025 revenue expectations, it maintained its full-year forecast, which helped ease investor concerns. Buck also emphasized the company’s growing appeal among small and mid-sized businesses due to its AI-powered, cost-effective solutions. Given SoundHound’s strong cash position, he believes the company is well-positioned to pursue strategic acquisitions that could drive further expansion.

Piper Sandler Highlights Innovative Technology

Piper Sandler’s top-rated analyst James Fish views the company as an emerging leader in voice AI, citing its advanced automatic speech recognition (ASR) and natural language processing (NLP) systems that enable real-time conversations. Piper Sandler also pointed to quick-service restaurants (QSRs) and customer experience as major growth drivers, especially following SoundHound’s acquisition of Amelia, which broadens its presence in the contact center AI space. Fish’s share price target of $12 for SOUN implies a growth rate of 24%.

D.A. Davidson Sees Continued Success for SoundHound

Five-star-rated analyst Gil Luria at D.A. Davidson views SoundHound’s Amelia acquisition as pivotal to unlocking long-term growth, reinforcing its potential for continued success. Luria highlights that the deal significantly expands SoundHound’s total addressable market (TAM) and diversifies its business portfolio.

In this context, TipRanks’ Bulls Say, Bears Say tool offers investors a balanced view of analyst sentiment, showcasing both the bullish and bearish arguments to support more informed decision-making.

Is SOUN Stock a Good Buy?

According to TipRanks, SOUN stock has received a Moderate Buy consensus rating, with four Buys and three Holds assigned in the last three months. The average SoundHound AI stock price target is $11.50, suggesting a potential upside of 19% from the current level.