SoundHound AI (SOUN) Projected to Announce Earnings on Thursday

Key Points

• SoundHound AI is expected to report Q3 2026 results on November 5. Analysts forecast a loss of $0.125 per share and revenue of $61.71 million.
• The company’s previous quarter exceeded expectations, with EPS of negative $0.02 versus a projected negative $0.13 and revenue of $61.90 million, up 45% year over year.
• Shares opened at $4.44, near their 52-week low, while analyst sentiment remains a “Moderate Buy” with an average price target of $11.50. Insiders sold shares recently, primarily to cover tax obligations tied to equity awards.

SoundHound AI (NASDAQ:SOUN - Get Free Report) is anticipated to issue its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect SoundHound AI to post earnings of ($0.1250) per share and revenue of $61.71 million for the quarter. Parties can check the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

SoundHound AI (NASDAQ:SOUN - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.13) by $0.11. The company had revenue of $61.90 million during the quarter, compared to analyst estimates of $52.38 million. SoundHound AI had a negative net margin of 67.45% and a negative return on equity of 30.22%. SoundHound AI's quarterly revenue was up 45.0% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.19) earnings per share. On average, analysts expect SoundHound AI to post ($0.39) EPS for the current fiscal year and ($0.52) EPS for the next fiscal year.

SoundHound AI Stock Up 1.6%

NASDAQ SOUN opened at $4.44 on Thursday. SoundHound AI has a 52 week low of $4.20 and a 52 week high of $18.36. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of -11.68 and a beta of 2.73. The company has a fifty day moving average of $5.91 and a two-hundred day moving average of $7.27.

Insiders Place Their Bets

In other news, SVP Majid Emami sold 38,730 shares of SoundHound AI stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $6.33, for a total transaction of $245,160.90. Following the completion of the sale, the senior vice president directly owned 834,253 shares in the company, valued at approximately $5,280,821.49. This trade represents a 4.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider James Hom sold 38,730 shares of the business's stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $6.33, for a total transaction of $245,160.90. Following the sale, the insider directly owned 1,105,555 shares of the company's stock, valued at $6,998,163.15. This represents a 3.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 288,758 shares of company stock worth $1,828,598. Insiders own 8.84% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. DA Davidson lowered their target price on shares of SoundHound AI from $12.00 to $10.00 and set a "buy" rating for the company in a report on Thursday, August 6th. Weiss Ratings upgraded shares of SoundHound AI from a "sell (e+)" rating to a "sell (d-)" rating in a report on Thursday, October 15th. Wall Street Zen upgraded shares of SoundHound AI from a "strong sell" rating to a "sell" rating in a report on Saturday, October 24th. Piper Sandler reduced their price objective on shares of SoundHound AI from $7.00 to $6.00 and set a "neutral" rating on the stock in a research report on Tuesday, September 22nd. Finally, Yorkville Ives started coverage on shares of SoundHound AI in a research note on Monday, October 5th. They issued an "in-line" rating and a $6.50 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $11.50.

SoundHound AI Company Profile

SoundHound AI, Inc develops voice artificial intelligence and conversational intelligence technologies. Its platform is designed to enable people to interact with devices, applications and services using natural language, with capabilities including speech recognition, language understanding and conversational response generation.

The company's offerings include the Houndify platform, which businesses can use to create branded voice assistants and conversational interfaces. SoundHound AI also provides voice-enabled solutions for industries such as automotive, restaurants and customer service, allowing users to access information, control functions, place orders and engage with businesses through voice interactions.

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