Soundhound Ai Stock Today
| SOUN Stock | USD 7.88 0.27 3.55% |
Performance12 of 100
| Odds Of DistressLess than 19
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SoundHound is selling at 7.88 as of the 28th of November 2024; that is 3.55 percent increase since the beginning of the trading day. The stock's open price was 7.61. SoundHound has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for SoundHound AI are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 28th of April 2022 | Category Technology | Classification Information Technology |
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. The company has 337.02 M outstanding shares of which 77.78 M shares are at this time shorted by private and institutional investors with about 2.46 trading days to cover. More on SoundHound AI
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Moving against SoundHound Stock
SoundHound Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO, CoFounder | Keyvan Mohajer | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsSoundHound can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand SoundHound's financial leverage. It provides some insight into what part of SoundHound's total assets is financed by creditors.
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SoundHound AI (SOUN) is traded on NASDAQ Exchange in USA. It is located in 5400 Betsy Ross Drive, Santa Clara, CA, United States, 95054 and employs 260 people. SoundHound is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.81 B. SoundHound AI conducts business under Software sector and is part of Information Technology industry. The entity has 337.02 M outstanding shares of which 77.78 M shares are at this time shorted by private and institutional investors with about 2.46 trading days to cover.
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.
Check SoundHound Probability Of Bankruptcy
Ownership AllocationSoundHound AI shows a total of 337.02 Million outstanding shares. About 68.54 % of SoundHound outstanding shares are held by general public with 2.24 (%) owned by insiders and only 29.22 % by institutional holders. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check SoundHound Ownership Details
SoundHound Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Softbank Group Corp | 2024-09-30 | 1.1 M | |
| Lpl Financial Corp | 2024-09-30 | 1.1 M | |
| Bank Of New York Mellon Corp | 2024-06-30 | 997.5 K | |
| Carnegie Capital Asset Management, Llc | 2024-09-30 | 899.8 K | |
| Tocqueville Asset Management L.p. | 2024-09-30 | 890.5 K | |
| Barclays Plc | 2024-06-30 | 850.7 K | |
| Goldman Sachs Group Inc | 2024-06-30 | 817.2 K | |
| Nuveen Asset Management, Llc | 2024-06-30 | 730.3 K | |
| Cubist Systematic Strategies, Llc | 2024-09-30 | 705 K | |
| Vanguard Group Inc | 2024-09-30 | 23.6 M | |
| Blackrock Inc | 2024-06-30 | 21.4 M |
SoundHound Historical Income Statement
SoundHound Stock Against Markets
SoundHound Corporate Management
| Timothy Stonehocker | Chief Officer | Profile | |
| Michael Zagorsek | Chief Officer | Profile | |
| Warren JD | Senior Counsel | Profile | |
| Nitesh CFA | Chief Officer | Profile | |
| Warren Heit | Senior Counsel | Profile | |
| CSM ITIL | Advisor | Profile |
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.