Comparing SoundHound AI and C3.ai stocks, SoundHound is neutral, C3.ai is bearish.
From Yahoo Finance: 2024-07-25 20:00:14
In a comparison of SoundHound AI and C3.ai stocks, both AI companies are evaluated with a neutral view for SoundHound and a bearish view for C3.ai. SoundHound AI provides conversational intelligence through its voice-AI platform, while C3.ai offers enterprise AI solutions. SoundHound’s stock has surged 128% YTD, while C3.ai shares are down 6.5% YTD. With a P/S of 32x, SoundHound is trading at a premium, while C3.ai’s P/S ratio of 11.4x is more reasonable. Both companies are not profitable, with C3.ai showing widening net losses. SoundHound’s partnerships with automaker Stellantis are promising, but profitability projections seem uncertain for both companies. SoundHound AI has a Strong Buy rating with a $7.50 price target, while C3.ai has a Hold rating with a $32.33 price target. Overall, a neutral view on SoundHound AI and a bearish view on C3.ai is suggested, with more progress towards profitability needed before a more positive outlook can be established.
Read more at Yahoo Finance: Which AI Stock Is the Better Buy?