SoundHound AI expanding with voice-powered technology in restaurant industry, promising growth and partnerships.
From Nasdaq: 2025-07-01 10:23:00
SoundHound AI, Inc. is thriving as restaurant operators embrace AI solutions. Its voice-powered technology offers a hands-free ordering experience, expanding beyond food services to reservations and parking. Partnerships with large chains and OEMs are driving growth, with a recent acquisition enhancing ordering accuracy. Pilots with automakers promise further revenue opportunities.
Competition in the voice-powered AI market includes Microsoft and Amazon, offering alternatives with enterprise and smart home integration. SoundHound’s differentiation lies in customizable solutions for OEMs. Despite strong competition, the company’s innovative technology and partnerships position it well for long-term success.
SOUN’s earnings estimates for 2025 remain at a loss per share of 16 cents, but show 84.6% year-over-year growth. Estimates for 2026 have improved to a loss of five cents per share, indicating 64.1% growth. The company’s stock has surged 23.9% in the past three months, outperforming industry peers.
SoundHound AI’s stock trades at a premium compared to industry peers, with a forward P/S ratio of 23.09X, reflecting its market potential. The company holds a Zacks Rank #3 (Hold). Interested investors can access Zacks’ portfolio services for $1, offering insights into stock picks and market trends for informed decision-making.
Read more at Nasdaq: Will Restaurant AI Help SoundHound Scale Profitably?