SoundHound AI, Inc. (SOUN) reports heavy losses despite revenue growth and expansion

From Yahoo Finance: 2025-05-21 12:58:00

SoundHound AI, Inc. (SOUN) has been trading at $10.27 as of May 19th with a forward P/E of 147.06 according to Yahoo Finance. The company reported modest 2023 revenues of $46 million but also an operating loss of $64 million. Despite aggressive expansion and revenue growth, SoundHound has reported a staggering $188 million net loss over the last four quarters. 21 hedge fund portfolios held SOUN at the end of the fourth quarter. However, some AI stocks may offer greater promise for higher returns with a shorter timeframe compared to SOUN.



Read more at Yahoo Finance: SoundHound AI, Inc. (SOUN): A Bear Case Theory