Is SoundHound AI Stock's 14.43X P/S Still Worth It: Buy, Sell or Hold?

Nov 19, 2024 · Despite a strong AI-backed portfolio and an expanding clientele, SOUN's modest near-term prospects make the stock a risky buy. Is SoundHound AI Stock's 14.43X P/S Still …

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This Is The Best-performing AI Stock This Year And It Isn't Even Close ...

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Dec 6, 2024 · D.A. Davidson reiterated its buy rating and $9.50 price target for SoundHound. Of six analysts surveyed by FactSet, four have a buy rating, and two have a hold rating for …

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Is SoundHound AI Stock A Good Buy After Its 200% Jump?

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Dec 13, 2024 · SoundHound AI NASDAQ: SOUN has been on a tear, with its stock surging 80% in the past month and nearly 200% this quarter. This explosive rally underscores the market’s …

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SoundHound AI Stock: Is Now The Right Time To Buy With …

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Nov 7, 2024 · SoundHound AI stock is up over 150% in 2024, brought on largely by the disclosure of an investment from tech giant NVIDIA. The company is a pioneer in AI voice recognition …

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FAQs about Is SoundHound AI Stock's 14.43X P/S Still Worth It: Buy, Sell or Hold? Coupon?

Should you buy SoundHound AI stock?

The latest losses don’t justify such a high market cap, which may have an impact on the stock price. Risk-bearing investors, therefore, can hold onto SoundHound AI stock. But it’s worth placing bets on the Palantir stock as it continues to create a niche in the expanding generative AI market. ...

Are SoundHound Ai Sun shares overvalued?

SoundHound AI SOUN shares are overvalued, as the Value Score of F suggests. SOUN shares are trading at a significant premium compared to the Zacks Computer & Technology sector. Its 12-month Price/Sales (P/S) of 14.43X is higher than the broader sector’s 6.13X, and the Zacks Computers - IT Services Industry’s 10.9X. ...

Why is SoundHound AI's stock soaring?

SoundHound AI's stock is still soaring because the meme stock action hasn't stopped. At least two metrics point in that direction: SoundHound AI averages about five comments a day on the r/WallStreetBets Reddit (RDDT 6.43%) channel. The post count rose to 22 last Thursday and stayed aloft over the weekend. ...

Is it too late to buy SoundHound AI?

So yeah, this little company is going places and it's not too late to jump aboard the SoundHound AI bandwagon. You might be a happier investor if you picked up a few shares at a lower price, but your portfolio should do just fine even if you started your SoundHound AI position at a temporarily inflated stock price. ...

Is SoundHound a good stock to buy in 2024?

Shares of Palantir Technologies Inc. (PLTR), another noted AI name, are up 340.5% in 2024, while C3.ai Inc. (AI) is up a more modest 39.4%. Set against the backdrop of the company's growth, SoundHound's stock is on pace for its best year on record, based on available data back to April 28, 2022, Dow Jones Market Data show. ...

Is SoundHound AI a good investment?

Shares of NOW have gained 42.2% YTD. SoundHound AI has been benefiting from a strong portfolio, a solid partner base and an expanding clientele. SOUN offers conversational intelligence through independent Voice AI solutions in 25 languages in both cloud-enabled and hardware-embedded devices. Image Source: Zacks Investment Research ...