SoundHound shares have dropped more than 50% from their highs as the company focuses on combining AI voice technology with AI agents. The potential to lead in the agentic AI space could result in significant upside for SoundHound AI (NASDAQ: SOUN), which has seen a pullback in stock price recently.

SoundHound has evolved from an AI voice company to an autonomous voice agent technology firm, with its recent acquisition of Amelia. The Amelia 7.0 platform integrates speech recognition with conversational intelligence, enabling it to handle industry-specific tasks in healthcare, finance, and more, presenting a significant opportunity for the company.

While SoundHound has posted impressive revenue growth, it still faces challenges in achieving profitability and maintaining gross margins. The company is focused on improving its margin profile, aiming to get gross margin back above 70% over time, despite facing competition from larger players in the AI space.

Investing in SoundHound AI is a high-risk, high-reward opportunity at the intersection of voice AI and AI agents, with the potential for significant growth if it can establish itself as a major player in the market. Long-term investors who can tolerate volatility may find the current dip in stock price to be a compelling buying opportunity.

Read more at Nasdaq: This Magnificent Artificial Intelligence (AI) Stock Is Down 50%. Buy the Dip, or Run for the Hills?