SoundHound AI's Next Earnings Report on Aug. 5 Could Send the Stock Soaring. Here's Why.
SoundHound AI stock has lost roughly 40% of its value so far this year.
Overview
SoundHound AI Inc (NASDAQ:SOUN) is scheduled to report second-quarter earnings on Aug. 5. The company is in dire need of a positive update.
Since the start of 2026, SoundHound AI shares have lost more than 40% of their value. And yet Wall Street analysts remains remarkable bullish on the artificial intelligence stock.
Details
Four analysts actively cover SoundHound AI, all of whom rate the stock a “buy.” Their average price target is $12.75, suggesting more than 100% upside over the next 12 months.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.