SOUN Chart
About

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 in the United States, Korea, France, Japan, Germany, and internationally. 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; automatic speech recognition; natural language understanding; wake words; custom domains; text-to-speech; Employee Assist; and embedded voice solutions. The company was founded in 2005 and is headquartered in Santa Clara, California.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Application Market Cap 3.51B
Enterprise Value 3.25B Income -312.66M Sales 148.40M
Book/sh 0.95 Cash/sh 0.64 Dividend Yield —
Payout 0.00% Employees 842 IPO —
P/E — Forward P/E -109.04 PEG —
P/S 23.67 P/B 8.77 P/C —
EV/EBITDA -21.48 EV/Sales 21.89 Quick Ratio 4.97
Current Ratio 5.15 Debt/Eq 1.21 LT Debt/Eq —
EPS (ttm) -0.90 EPS next Y -0.08 EPS Growth —
Revenue Growth 67.60% Earnings 2026-02-26 ROA -18.14%
ROE -89.95% ROIC — Gross Margin 39.75%
Oper. Margin -108.79% Profit Margin -210.68% Shs Outstand 387.56M
Shs Float 379.22M Short Float 32.04% Short Ratio 4.68
Short Interest — 52W High 22.17 52W Low 6.52
Beta 2.88 Avg Volume 23.83M Volume 36.38M
Target Price $16.31 Recom Strong_buy Prev Close $7.83
Price $8.36 Change 6.77%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$16.31
Mean price target
2. Current target
$8.36
Latest analyst target
3. DCF / Fair value
$-1.51
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$8.36
Low
$11.00
High
$26.00
Mean
$16.31

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-05 main Piper Sandler Neutral → Neutral $11
2025-12-12 up Cantor Fitzgerald Neutral → Overweight $15
2025-11-18 main DA Davidson Buy → Buy $17
2025-11-07 main Piper Sandler Neutral → Neutral $15
2025-10-16 main HC Wainwright & Co. Buy → Buy $26
2025-09-17 reit HC Wainwright & Co. Buy → Buy $18
2025-09-11 init Oppenheimer — → Perform —
2025-09-11 reit Wedbush Outperform → Outperform $16
2025-09-10 main DA Davidson Buy → Buy $17
2025-08-11 up Ladenburg Thalmann Neutral → Buy $16
2025-08-08 main Wedbush Outperform → Outperform $16
2025-07-14 down Piper Sandler Overweight → Neutral $12
2025-05-27 init Piper Sandler — → Overweight $12
2025-05-12 main HC Wainwright & Co. Buy → Buy $18
2025-05-09 main Wedbush Outperform → Outperform $15
2025-04-14 main DA Davidson Buy → Buy $10
2025-03-03 reit HC Wainwright & Co. Buy → Buy $26
2025-02-28 main DA Davidson Buy → Buy $13
2025-01-14 main Northland Capital Markets Market Perform → Market Perform $8
2025-01-13 reit HC Wainwright & Co. Buy → Buy $26
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 29676 356112.0 — Sale at price 12.00 per share. STONEHOCKER TIMOTHY Chief Technology Officer — 2026-01-09 00:00:00 D
1 75341 829333.0 — Sale at price 10.66 - 11.28 per share. EMAMI SEYED MAJID Officer and Beneficial Owner of more than 10% of a Class of Security — 2025-12-26 00:00:00 D
2 33450 376561.0 — Sale at price 10.97 - 11.28 per share. STONEHOCKER TIMOTHY Chief Technology Officer — 2025-12-24 00:00:00 D
3 1343 14605.0 — Sale at price 10.88 per share. SROKA DIANA Director — 2025-12-23 00:00:00 D
4 42600 480396.0 — Sale at price 11.28 per share. HOM JAMES MING Officer and Director — 2025-12-22 00:00:00 D
5 144326 1627550.0 — Sale at price 11.28 per share. MOHAJER KEYVAN Chief Executive Officer — 2025-12-22 00:00:00 D
6 73406 827792.0 — Sale at price 11.28 per share. ZAGORSEK MICHAEL Chief Operating Officer — 2025-12-22 00:00:00 D
7 60780 685410.0 — Sale at price 11.28 per share. SHARAN NITESH Chief Financial Officer — 2025-12-22 00:00:00 D
8 1343 17446.0 — Sale at price 12.99 per share. SROKA DIANA Director — 2025-11-13 00:00:00 D
9 60376 1280575.0 — Sale at price 21.21 per share. SHARAN NITESH Chief Financial Officer — 2025-10-14 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-6.16M-1.53M-353.01K-1.33M
TaxRateForCalcs0.030.210.210.27
NormalizedEBITDA-92.02M-55.34M-98.02M-56.73M
TotalUnusualItems-237.08M-7.29M-1.68M-4.92M
TotalUnusualItemsExcludingGoodwill-237.08M-7.29M-1.68M-4.92M
NetIncomeFromContinuingOperationNetMinorityInterest-350.68M-88.94M-116.71M-79.54M
ReconciledDepreciation18.67M5.66M7.23M9.09M
ReconciledCostOfRevenue31.76M5.65M2.37M6.58M
EBITDA-329.09M-62.63M-99.70M-61.65M
EBIT-347.76M-68.29M-106.93M-70.74M
NetInterestIncome-3.80M-13.87M-6.50M-8.34M
InterestExpense12.17M16.73M6.89M8.34M
InterestIncome8.37M2.87M390.00K7.00K
NormalizedIncome-119.77M-83.17M-115.39M-75.95M
NetIncomeFromContinuingAndDiscontinuedOperation-350.68M-88.94M-116.71M-79.54M
TotalExpenses203.38M109.92M136.80M86.52M
TotalOperatingIncomeAsReported-341.35M-68.61M-105.67M-65.33M
DilutedAverageShares338.46M229.26M157.32M67.26M
BasicAverageShares338.46M229.26M157.32M67.26M
DilutedEPS-1.04-0.40-0.74-1.18
BasicEPS-1.04-0.40-0.74-1.18
DilutedNIAvailtoComStockholders-351.10M-91.71M-116.71M-79.54M
NetIncomeCommonStockholders-351.10M-91.71M-116.71M-79.54M
PreferredStockDividends416.00K2.77M
NetIncome-350.68M-88.94M-116.71M-79.54M
NetIncomeIncludingNoncontrollingInterests-350.68M-88.94M-116.71M-79.54M
NetIncomeContinuousOperations-350.68M-88.94M-116.71M-79.54M
TaxProvision-9.25M3.91M2.89M456.00K
PretaxIncome-359.93M-85.02M-113.82M-79.08M
OtherIncomeExpense-237.45M-7.11M-1.65M-5.42M
OtherNonOperatingIncomeExpenses-371.00K190.00K32.00K-502.00K
SpecialIncomeCharges-237.08M-5.39M0.000.00
OtherSpecialCharges15.63M837.00K
RestructuringAndMergernAcquisition221.45M4.56M0.000.00
GainOnSaleOfSecurity-1.90M-1.68M-4.92M
NetNonOperatingInterestIncomeExpense-3.80M-13.87M-6.50M-8.34M
InterestExpenseNonOperating12.17M16.73M6.89M8.34M
InterestIncomeNonOperating8.37M2.87M390.00K7.00K
OperatingIncome-118.68M-64.05M-105.67M-65.33M
OperatingExpense160.07M98.62M127.20M79.94M
DepreciationAmortizationDepletionIncomeStatement7.12M0.000.00
DepreciationAndAmortizationInIncomeStatement7.12M0.000.00
Amortization7.12M0.000.00
AmortizationOfIntangiblesIncomeStatement7.12M0.000.00
ResearchAndDevelopment70.56M51.44M76.39M59.18M
SellingGeneralAndAdministration82.40M47.18M50.81M20.76M
SellingAndMarketingExpense29.13M18.89M20.37M4.24M
GeneralAndAdministrativeExpense53.27M28.29M30.44M16.52M
OtherGandA53.27M28.29M30.44M16.52M
GrossProfit41.38M34.57M21.53M14.61M
CostOfRevenue43.31M11.31M9.60M6.58M
TotalRevenue84.69M45.87M31.13M21.20M
OperatingRevenue84.69M45.87M31.13M21.20M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber393.63M254.43M200.03M
ShareIssued393.63M254.43M200.03M
NetDebt25.72M38.21M
TotalDebt4.35M90.16M44.12M73.32M
TangibleBookValue-93.99M13.98M-36.56M-343.24M
InvestedCapital182.65M98.29M-1.60M-283.40M
WorkingCapital187.78M89.32M-20.87M-60.27M
NetTangibleAssets-93.99M28.17M-36.56M-343.24M
CapitalLeaseObligations4.35M5.85M9.16M13.48M
CommonStockEquity182.65M13.98M-36.56M-343.24M
PreferredStockEquity14.19M
TotalCapitalization182.65M112.48M-18.27M-343.24M
TotalEquityGrossMinorityInterest182.65M28.17M-36.56M-343.24M
StockholdersEquity182.65M28.17M-36.56M-343.24M
GainsLossesNotAffectingRetainedEarnings205.00K199.00K0.000.00
OtherEquityAdjustments205.00K199.00K
RetainedEarnings-943.06M-592.38M-503.44M-386.73M
AdditionalPaidInCapital1.13B606.13M466.86M43.49M
CapitalStock38.00K14.21M20.00K1.00K
CommonStock38.00K26.00K20.00K1.00K
PreferredStock0.0014.19M0.00
TotalLiabilitiesNetMinorityInterest371.30M122.95M74.55M392.44M
TotalNonCurrentLiabilitiesNetMinorityInterest303.56M98.73M35.98M304.70M
OtherNonCurrentLiabilities291.22M3.97M4.42M1.34M
PreferredSecuritiesOutsideStockEquity0.00279.50M
DerivativeProductLiabilities0.00
TradeandOtherPayablesNonCurrent3.08M2.45M
NonCurrentDeferredLiabilities6.86M4.91M7.54M14.96M
NonCurrentDeferredRevenue6.86M4.91M7.54M14.96M
LongTermDebtAndCapitalLeaseObligation2.40M87.40M24.01M8.90M
LongTermCapitalLeaseObligation2.40M3.09M5.71M8.90M
LongTermDebt84.31M18.30M
CurrentLiabilities67.74M24.22M38.57M87.74M
OtherCurrentLiabilities7.32M3.49M
CurrentDeferredLiabilities23.88M4.31M5.81M6.04M
CurrentDeferredRevenue23.88M4.31M5.81M6.04M
CurrentDebtAndCapitalLeaseObligation1.95M2.76M20.11M64.41M
CurrentCapitalLeaseObligation1.95M2.76M3.44M4.58M
CurrentDebt16.67M59.83M
OtherCurrentBorrowings16.67M59.83M
PensionandOtherPostRetirementBenefitPlansCurrent15.85M6.96M6.13M3.80M
PayablesAndAccruedExpenses18.75M10.19M6.51M9.99M
CurrentAccruedExpenses2.30M3.13M1.40M2.39M
InterestPayable0.00236.00K1.37M
Payables16.45M7.06M5.11M7.61M
OtherPayable8.14M3.79M1.00M1.11M
TotalTaxPayable2.75M1.62M1.31M2.74M
IncomeTaxPayable2.75M1.62M1.31M2.74M
AccountsPayable5.56M1.65M2.80M3.76M
TotalAssets553.95M151.12M37.99M49.20M
TotalNonCurrentAssets298.43M37.58M20.28M21.73M
OtherNonCurrentAssets2.97M14.35M1.62M3.12M
NonCurrentDeferredAssets4.00K11.00K55.00K2.17M
NonCurrentDeferredTaxesAssets4.00K11.00K55.00K2.17M
NonCurrentAccountsReceivable12.88M16.49M7.04M
GoodwillAndOtherIntangibleAssets276.65M0.00
OtherIntangibleAssets174.94M
Goodwill101.70M0.00
NetPPE5.93M6.72M11.57M16.45M
AccumulatedDepreciation-33.30M-32.14M-31.53M-27.40M
GrossPPE39.23M38.86M43.10M43.84M
Leases3.87M3.88M3.85M3.57M
ConstructionInProgress0.00
OtherProperties4.69M5.21M8.12M10.29M
MachineryFurnitureEquipment30.67M29.77M31.13M29.99M
Properties0.000.000.000.00
CurrentAssets255.52M113.54M17.70M27.47M
OtherCurrentAssets7.48M2.45M859.00K2.00M
RestrictedCash0.00460.00K
PrepaidAssets924.00K2.51M1.28M
Receivables49.80M15.83M5.08M2.11M
OtherReceivables26.64M11.78M1.67M54.00K
AccountsReceivable23.16M4.05M3.41M2.06M
AllowanceForDoubtfulAccountsReceivable-726.00K-203.00K-109.00K-109.00K
GrossAccountsReceivable23.89M4.25M3.52M2.17M
CashCashEquivalentsAndShortTermInvestments198.24M95.26M9.24M21.63M
CashAndCashEquivalents198.24M95.26M9.24M21.63M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-109.52M-68.66M-95.35M-66.81M
RepaymentOfDebt-215.50M-35.19M-12.85M-2.58M
IssuanceOfDebt0.0085.09M0.0044.74M
IssuanceOfCapitalStock436.95M118.34M4.16M2.49M
CapitalExpenditure-640.00K-392.00K-1.33M-636.00K
InterestPaidSupplementalData6.34M11.98M4.36M2.63M
IncomeTaxPaidSupplementalData2.72M2.36M1.04M263.00K
EndCashPosition198.92M109.03M9.47M22.82M
BeginningCashPosition109.03M9.47M22.82M44.98M
EffectOfExchangeRateChanges225.00K-20.00K0.000.00
ChangesInCash89.66M99.58M-13.35M-22.16M
FinancingCashFlow210.91M168.24M82.00M44.65M
CashFlowFromContinuingFinancingActivities210.91M168.24M82.00M44.65M
NetOtherFinancingCharges-10.57M90.69M
ProceedsFromStockOptionExercised23.00K0.000.002.49M
NetPreferredStockIssuance0.0024.94M0.000.00
PreferredStockIssuance0.0024.94M0.000.00
NetCommonStockIssuance436.95M93.40M4.16M2.49M
CommonStockIssuance436.95M93.40M4.16M2.49M
NetIssuancePaymentsOfDebt-215.50M49.90M-12.85M42.16M
NetLongTermDebtIssuance-215.50M49.90M-12.85M42.16M
LongTermDebtPayments-215.50M-35.19M-12.85M-2.58M
LongTermDebtIssuance0.0085.09M0.0044.74M
InvestingCashFlow-12.37M-392.00K-1.33M-636.00K
CashFlowFromContinuingInvestingActivities-12.37M-392.00K-1.33M-636.00K
NetInvestmentPurchaseAndSale0.00
SaleOfInvestment0.00
NetBusinessPurchaseAndSale-11.73M0.000.00
PurchaseOfBusiness-11.73M0.000.00
NetPPEPurchaseAndSale-640.00K-392.00K-1.33M-636.00K
PurchaseOfPPE-640.00K-392.00K-1.33M-636.00K
OperatingCashFlow-108.88M-68.27M-94.02M-66.18M
CashFlowFromContinuingOperatingActivities-108.88M-68.27M-94.02M-66.18M
ChangeInWorkingCapital-37.14M-21.32M-19.42M-11.82M
ChangeInOtherWorkingCapital-6.19M-4.13M-7.65M-10.28M
ChangeInOtherCurrentLiabilities-4.27M-1.53M-966.00K-4.60M
ChangeInOtherCurrentAssets-3.33M-150.00K25.00K-2.39M
ChangeInPayablesAndAccruedExpense-5.79M3.10M418.00K4.09M
ChangeInAccruedExpense1.85M4.27M116.00K3.67M
ChangeInPayable-7.64M-1.16M302.00K424.00K
ChangeInAccountPayable-7.64M-1.16M302.00K424.00K
ChangeInPrepaidAssets0.001.59M-1.24M-168.00K
ChangeInReceivables-17.57M-20.20M-10.01M1.51M
ChangesInAccountReceivables-10.26M-627.00K-1.35M1.51M
OtherNonCashItems223.71M5.49M2.29M4.75M
StockBasedCompensation33.15M27.93M28.79M6.32M
UnrealizedGainLossOnInvestmentSecurities0.001.90M1.07M0.00
DeferredTax-12.18M30.00K2.13M112.00K
DeferredIncomeTax-12.18M30.00K2.13M112.00K
DepreciationAmortizationDepletion18.67M5.66M7.23M9.09M
DepreciationAndAmortization18.67M5.66M7.23M9.09M
Depreciation18.67M5.66M7.23M9.09M
OperatingGainsLosses15.61M980.00K606.00K4.92M
GainLossOnInvestmentSecurities606.00K4.92M
NetForeignCurrencyExchangeGainLoss-24.00K143.00K0.00
NetIncomeFromContinuingOperations-350.68M-88.94M-116.71M-79.54M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for SOUN
Date User Asset Broker Type Position Size Entry Price Patterns