Soundhound Ai Stock Analysis

SOUN Stock  USD 8.03  0.22  2.67%   
SoundHound AI is overvalued with Real Value of 6.11 and Target Price of 5.04. The main objective of SoundHound stock analysis is to determine its intrinsic value, which is an estimate of what SoundHound AI is worth, separate from its market price. There are two main types of SoundHound's stock analysis: fundamental analysis and technical analysis.
The SoundHound stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. SoundHound is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. SoundHound Stock trading window is adjusted to America/New York timezone.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoundHound AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

SoundHound Stock Analysis Notes

About 29.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.35. SoundHound AI had not issued any dividends in recent years. SoundHound AI, Inc. develops independent voice artificial intelligence platform that enables businesses across industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as automatic speech recognition, natural language understanding, wake words, custom domains, text-to-speech, and embedded voice solutions The company is headquartered in Santa Clara, California. Soundhound operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 2 people. To find out more about SoundHound AI contact Keyvan Mohajer at 408 441 3200 or learn more at https://www.soundhound.com.

SoundHound AI Investment Alerts

SoundHound AI is way too risky over 90 days horizon
SoundHound AI appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 45.87 M. Net Loss for the year was (88.94 M) with profit before overhead, payroll, taxes, and interest of 21.53 M.
SoundHound AI currently holds about 33.41 M in cash with (68.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17.
SoundHound AI has a poor financial position based on the latest SEC disclosures
Latest headline from finance.yahoo.com: Analyst Says This Most Undervalued AI Stock Can Reach a 1 Trillion Valuation

SoundHound AI Upcoming and Recent Events

Earnings reports are used by SoundHound to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
5th of March 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
5th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
View

SoundHound Largest EPS Surprises

Earnings surprises can significantly impact SoundHound's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-02-29
2023-12-31-0.06-0.07-0.0116 
2024-08-08
2024-06-30-0.09-0.11-0.0222 
2024-05-09
2024-03-31-0.09-0.070.0222 
View All Earnings Estimates

SoundHound Environmental, Social, and Governance (ESG) Scores

SoundHound's ESG score is a quantitative measure that evaluates SoundHound's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of SoundHound's operations that may have significant financial implications and affect SoundHound's stock price as well as guide investors towards more socially responsible investments.

SoundHound Stock Institutional Investors

Shares
Softbank Group Corp2024-09-30
1.1 M
Lpl Financial Corp2024-09-30
1.1 M
Bank Of New York Mellon Corp2024-06-30
997.5 K
Carnegie Capital Asset Management, Llc2024-09-30
899.8 K
Tocqueville Asset Management L.p.2024-09-30
890.5 K
Barclays Plc2024-06-30
850.7 K
Goldman Sachs Group Inc2024-06-30
817.2 K
Nuveen Asset Management, Llc2024-06-30
730.3 K
Cubist Systematic Strategies, Llc2024-09-30
705 K
Vanguard Group Inc2024-09-30
23.6 M
Blackrock Inc2024-06-30
21.4 M
Note, although SoundHound's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

SoundHound Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.05 B.

SoundHound Profitablity

The company has Profit Margin (PM) of (1.64) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.4) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.4.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.59)(0.62)
Return On Capital Employed(0.54)(0.57)
Return On Assets(0.59)(0.62)
Return On Equity(3.16)(3.00)

Management Efficiency

SoundHound AI has return on total asset (ROA) of (0.1813) % which means that it has lost $0.1813 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6839) %, meaning that it created substantial loss on money invested by shareholders. SoundHound's management efficiency ratios could be used to measure how well SoundHound manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to drop to -0.62. In addition to that, Return On Capital Employed is likely to drop to -0.57. At this time, SoundHound's Non Currrent Assets Other are very stable compared to the past year. As of the 25th of November 2024, Other Current Assets is likely to grow to about 2.8 M, while Total Assets are likely to drop about 80.6 M.
Last ReportedProjected for Next Year
Book Value Per Share 0.12  0.13 
Tangible Book Value Per Share 0.12  0.13 
Enterprise Value Over EBITDA(7.38)(7.75)
Price Book Value Ratio 17.26  18.12 
Enterprise Value Multiple(7.38)(7.75)
Price Fair Value 17.26  18.12 
Enterprise Value480.9 M317.8 M
SoundHound AI benefits from a management team that prioritizes both innovation and efficiency. We analyze these priorities to gauge the stock's future performance.
Operating Margin
(1.40)
Profit Margin
(1.64)
Beta
3.035
Return On Assets
(0.18)
Return On Equity
(0.68)

Technical Drivers

As of the 25th of November, SoundHound has the Coefficient Of Variation of 616.48, risk adjusted performance of 0.1331, and Semi Deviation of 3.78. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of SoundHound AI, as well as the relationship between them.

SoundHound AI Price Movement Analysis

Execute Study
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. SoundHound middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for SoundHound AI. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

SoundHound AI Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific SoundHound insiders, such as employees or executives, is commonly permitted as long as it does not rely on SoundHound's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases SoundHound insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

SoundHound Outstanding Bonds

SoundHound issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. SoundHound AI uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most SoundHound bonds can be classified according to their maturity, which is the date when SoundHound AI has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

SoundHound Predictive Daily Indicators

SoundHound intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of SoundHound stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

SoundHound Corporate Filings

13A
12th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
8th of November 2024
Other Reports
ViewVerify
4th of November 2024
Other Reports
ViewVerify
8K
22nd of October 2024
An amendment to a previously filed Form 8-K
ViewVerify
F4
24th of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
22nd of August 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
9th of August 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
8th of August 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

SoundHound Forecast Models

SoundHound's time-series forecasting models are one of many SoundHound's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary SoundHound's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About SoundHound Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how SoundHound prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling SoundHound shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as SoundHound. By using and applying SoundHound Stock analysis, traders can create a robust methodology for identifying SoundHound entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(1.85)(1.95)
Operating Profit Margin(1.50)(1.57)
Net Loss(1.94)(2.04)
Gross Profit Margin 0.75  0.50 

Current SoundHound Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. SoundHound analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. SoundHound analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
5.04Strong Buy7Odds
SoundHound AI current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most SoundHound analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand SoundHound stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of SoundHound AI, talking to its executives and customers, or listening to SoundHound conference calls.
SoundHound Analyst Advice Details

SoundHound Stock Analysis Indicators

SoundHound AI stock analysis indicators help investors evaluate how SoundHound stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading SoundHound shares will generate the highest return on investment. By understating and applying SoundHound stock analysis, traders can identify SoundHound position entry and exit signals to maximize returns.
Begin Period Cash Flow9.5 M
Long Term Debt84.3 M
Common Stock Shares Outstanding229.3 M
Total Stockholder Equity28.2 M
Tax Provision3.6 M
Property Plant And Equipment Net6.7 M
Cash And Short Term Investments95.3 M
Cash95.3 M
Accounts Payable1.7 M
Net Debt-5.1 M
50 Day M A5.5094
Total Current Liabilities24.2 M
Other Operating Expenses114.5 M
Non Current Assets Total37.6 M
Non Currrent Assets Other30.8 M
Stock Based Compensation27.9 M
When determining whether SoundHound AI is a strong investment it is important to analyze SoundHound's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SoundHound's future performance. For an informed investment choice regarding SoundHound Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoundHound AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SoundHound. If investors know SoundHound will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SoundHound listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.35)
Revenue Per Share
0.219
Quarterly Revenue Growth
0.891
Return On Assets
(0.18)
Return On Equity
(0.68)
The market value of SoundHound AI is measured differently than its book value, which is the value of SoundHound that is recorded on the company's balance sheet. Investors also form their own opinion of SoundHound's value that differs from its market value or its book value, called intrinsic value, which is SoundHound's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SoundHound's market value can be influenced by many factors that don't directly affect SoundHound's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SoundHound's value and its price as these two are different measures arrived at by different means. Investors typically determine if SoundHound is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoundHound's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.