SoundHound Stock (SOUN) Soars as Bullish Analyst Predicts 19% Upside Potential

SoundHound AI stock surges as analyst projects nearly one-fifth growth spike—because what's better than voice recognition? Recognizing profit opportunities.

Market Momentum Builds

The stock's climbing trajectory mirrors the kind of optimism usually reserved for crypto pumps—except this time it's backed by actual revenue projections instead of meme-fueled hype. Analysts see that 19% upside potential as just the beginning of voice AI's market penetration.

Tech Sector Confidence

Voice recognition technology finally gets its moment in the spotlight, proving that sometimes the market actually rewards innovation rather than just vaporware promises. SoundHound's tech stack demonstrates real-world applications beyond just asking your speaker about the weather.

Finance Sector Reality Check

While traditional analysts get excited about 19% gains, crypto traders would consider that a slow Tuesday—but hey, at least it's not another 'stable' coin collapsing. SoundHound's steady climb offers something rare in tech: actual fundamentals supporting the hype.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

For context, SoundHound AI specializes in voice recognition and natural language processing, offering AI-driven solutions across industries. The company recently bought Interactions, an AI customer service and workflow firm, for $60 million in cash. The acquisition strengthens its Agentic AI leadership, expands enterprise services, and adds top brands, including tech, insurance, and Fortune 100 companies, to its customer base.

Here’s Why Wainwright Is Bullish on SOUN

Buck gave SOUN a Buy rating, citing the company’s recent strategic acquisition of Interactions Corp. He noted that the deal is expected to boost profitability quickly and create strong opportunities for cross-selling and upselling to Interactions’ existing customers.

Buck added that this acquisition follows the successful integration of Amelia, reinforcing confidence in management’s ability to replicate past successes and drive growth.

Wainwright Backs SOUN Valuation

Buck highlighted that SoundHound’s shares trade at a 32.0x EV/revenue multiple, reflecting a premium supported by the company’s strong backlog of subscriptions and bookings, which exceed $1 billion. He believes that the expected boost in revenue growth, along with the limited number of pure-play AI companies, justifies this valuation.

For context, SoundHound raised its full-year revenue forecast to $160–178 million, up from the previous estimate of $157–177 million.

Finally, Buck noted that although current estimates remain unchanged, the acquisition could result in upward revisions.

Is SOUN Stock a Good Buy?

According to TipRanks, SOUN stock has received a Moderate Buy consensus rating, with five Buys and two Holds assigned in the last three months. The average SoundHound stock price target is $15.33, suggesting a potential downside of 1% from the current level.