Analyst Price Target is $7.08
▲ +44.26% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for SoundHound AI in the last 3 months. The average price target is $7.08, with a high forecast of $9.50 and a low forecast of $4.00. The average price target represents a 44.26% upside from the last price of $4.91.
Current Consensus is
Moderate Buy
The current consensus among 6 polled investment analysts is to moderate buy stock in SoundHound AI. This rating has held steady since February 2024, when it changed from a Buy consensus rating.
SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant. The company's products also include CaiNET software that uses machine learning to enhance how domains work together to handle queries; CaiLAN software that arbitrates responses so users get answers from the right domain; Dynamic Interaction a real-time, multimodal customer service interface; Smart Ordering which offers an easy-to-understand voice assistant for restaurants; Employee Assist; automatic speech recognition; natural language understanding; wake words; custom domains; text-to-speech; and embedded voice solutions. The company was founded in 2005 and is headquartered in Santa Clara, California.
Read More