Oppenheimer Rates SoundHound AI (SOUN) Perform rating

SoundHound AI, Inc. (SOUN) is highlighted as one of the AI stocks on Wall Street’s radar. Oppenheimer analyst Brian Schwartz gives the stock a Perform rating, citing its potential for growth due to its robust conversational AI technology platform. The company is seen as having a technology advantage in the Voice AI market and a compelling value proposition.

However, there are concerns about potential new competitive threats and the pace of penetrating existing and new verticals not meeting bullish expectations. SoundHound AI, Inc. is a voice artificial intelligence company providing voice AI solutions to businesses. While it has investment potential, other AI stocks may offer greater upside potential with lower downside risk.