Where Will SoundHound AI Stock Be in 1 Year?
The stock is trading near the bottom of its 52-week range, but it has intriguing upside potential.
Overview
SoundHound AI (NASDAQ: SOUN) has been one of the most hotly debated artificial intelligence (AI) stocks on Wall Street. It has swung wildly between less than $6 per share and more than $22 per share over the past 12 months. Today, the stock changes hands at about $7, putting it near the bottom of its 52-week range.
The question for investors is whether this dip is a buying opportunity or whether SoundHound AI is a once-trendy stock that has lost its luster.
Details
The company's voice AI platform interacts with people via normal conversation, allowing them to talk to cars or digital devices, or have interactions with businesses without the need for a human employee on the other end of the line. There are big opportunities for those services, but there's also a lot of competition.
Source
Originally published at www.fool.com.