SoundHound stock dropped 57% from peak, but strong revenue growth and positive future outlook.

From Yahoo Finance: 2025-07-01 11:30:00

SoundHound (SOUN) stock has dropped over 57% from its peak and is down nearly 49.4% year-to-date, partly due to Nvidia exiting its position and macroeconomic uncertainty. Despite a high valuation, SoundHound’s revenue growth is strong, with Q1 revenue up 151% year-over-year and a diversified customer base.

SoundHound’s momentum is sustainable, with Q1 revenue reaching $29.1 million and customer demand increasing across various sectors. Management is optimistic about future growth, with a growing pipeline and expanding addressable market. Strategic acquisitions are paying off, and the company is focused on reaching profitability by the end of 2025.

Analysts have a “Moderate Buy” consensus rating on SOUN stock, but the current pullback could be an opportunity for investors. With a compelling growth story, strong revenue expansion, and increasing demand for voice AI technology, SoundHound is well-positioned for future success in the market.



Read more at Yahoo Finance: SoundHound Drops 57% From Its Peak. Is SOUN Stock a Buy Now?