Down 54%, Should You Buy the Dip on SoundHound AI?
From Nasdaq: 2025-05-04 08:30:00
SoundHound AI’s stock has dropped over 50% this year, but is still up 100% over the past 12 months. Sales growth projections for the company are impressive, despite competition from big tech players. SoundHound’s focus on voice AI technology has attracted notable clients like Applebee’s and Qualcomm. Sales forecasts have surged, with expectations for nearly 100% year-over-year growth. However, the stock remains pricey, trading at 37 times sales. Investors considering SoundHound stock must weigh the upfront premium against long-term potential in the growing voice AI market.
The Motley Fool’s analyst team did not include SoundHound AI in their top 10 stock picks, highlighting other potential high-growth opportunities. The average return for stocks recommended by Stock Advisor is 906%, outperforming the S&P 500. For investors looking to join Stock Advisor and access the latest top 10 list, potential returns could be significant.
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