Is SoundHound AI a Strong Buy After the Massive 58% Pullback?
From Nasdaq: 2025-06-13 17:09:00
- The rise of artificial intelligence is transforming drive-thrus and call centers, with machines now able to understand human speech in real time, making automated processes more efficient and cost-effective.
- SoundHound AI is leading the way in conversational intelligence, with a massive $140 billion market. Despite a roller-coaster ride for investors, the company’s recent customer wins and revenue surge show promising growth potential.
- Sales for SoundHound surged in 2024 and Q1 2025, with revenue reaching $85 million and $29 million, respectively. The company has no long-term debt, $226 million in cash, and projects total sales of $157 million to $177 million in 2025.
- While SoundHound stock isn’t consistently profitable, its technology, market opportunity, and customer wins make it a potential investment opportunity, especially with a P/S ratio of 35 and projected sales growth of 96% in 2025.
Read more at Nasdaq: Is SoundHound AI a Strong Buy After the Massive 58% Pullback?