In Monday’s Wall Street session, SoundHound AI Inc (NASDAQ:SOUN) shares traded at $11.45, down -1.04% from the previous session.
SOUN stock price is now 11.63% away from the 50-day moving average and 10.22% away from the 200-day moving average. The market capitalization of the company currently stands at $4.60B.
With the price target maintained at $12, Piper Sandler recently Downgraded its rating from Overweight to Neutral for SoundHound AI Inc (NASDAQ: SOUN). On May 27, 2025, Piper Sandler recently initiated its ‘Overweight’ rating on the stock quoting a target price of $12, while ‘Ladenburg Thalmann’ rates the stock as ‘Neutral’
In other news, SROKA DIANA, Director sold 2,800 shares of the company’s stock on Jun 24 ’25. The stock was sold for $27,838 at an average price of $9.94. Upon completion of the transaction, the Director now directly owns 153,949 shares in the company, valued at $1.76 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 20 ’25, CEO MOHAJER KEYVAN sold 254,376 shares of the business’s stock. A total of $2,379,916 was realized by selling the stock at an average price of $9.36. This leaves the insider owning 1,749,790 shares of the company worth $20.04 million. A total of 10.13% of the company’s stock is owned by insiders.
During the past 12 months, SoundHound AI Inc has had a low of $3.94 and a high of $24.98. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 4.92, and a quick ratio of 4.92. The fifty day moving average price for SOUN is $10.257 and a two-hundred day moving average price translates $10.38855 for the stock.
The latest earnings results from SoundHound AI Inc (NASDAQ: SOUN) was released for 2025-03-31. The net profit margin was -184.41% and return on equity was -68.22% for SOUN. The company reported revenue of $29.13 million for the quarter, compared to $11.59 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 151.24 percent. For the current quarter, analysts expect SOUN to generate $32.88M in revenue.
