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EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
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Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
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3 Free Stock Picks per Day (Ad)
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Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
The single greatest medical breakthrough of all time? (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
3 Free Stock Picks per Day (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
3 Free Stock Picks per Day (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
The single greatest medical breakthrough of all time? (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
3 Free Stock Picks per Day (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
3 Free Stock Picks per Day (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
The single greatest medical breakthrough of all time? (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
3 Free Stock Picks per Day (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
3 Free Stock Picks per Day (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
NASDAQ:SOUN

SoundHound AI (SOUN) Competitors

$2.86
-0.12 (-4.03%)
(As of 05/26/2023 08:47 PM ET)
Compare
Today's Range
$2.83
▼
$3.28
50-Day Range
$1.59
▼
$3.21
52-Week Range
$0.93
▼
$8.73
Volume
22.35 million shs
Average Volume
12.72 million shs
Market Capitalization
$620.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.77
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

SOUN vs. MGIC, GDYN, CCSI, MTLS, VTEX, WKME, DOMO, WEAV, SCWX, and SEAC

Should you be buying SoundHound AI stock or one of its competitors? The main competitors of SoundHound AI include Magic Software Enterprises (MGIC), Grid Dynamics (GDYN), Consensus Cloud Solutions (CCSI), Materialise (MTLS), VTEX (VTEX), WalkMe (WKME), Domo (DOMO), Weave Communications (WEAV), SecureWorks (SCWX), and SeaChange International (SEAC). These companies are all part of the "prepackaged software" industry.

SoundHound AI vs.

SoundHound AI (NASDAQ:SOUN) and Magic Software Enterprises (NASDAQ:MGIC) are both small-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, valuation, institutional ownership, earnings, media sentiment, risk, community ranking and dividends.

Magic Software Enterprises has a net margin of 7.21% compared to SoundHound AI's net margin of -347.70%. Magic Software Enterprises' return on equity of 19.31% beat SoundHound AI's return on equity.

Company Net Margins Return on Equity Return on Assets
SoundHound AI -347.70% N/A -171.98%
Magic Software Enterprises 7.21% 19.31% 10.30%

8.7% of SoundHound AI shares are held by institutional investors. Comparatively, 18.2% of Magic Software Enterprises shares are held by institutional investors. 23.2% of SoundHound AI shares are held by insiders. Comparatively, 4.5% of Magic Software Enterprises shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

In the previous week, Magic Software Enterprises had 5 more articles in the media than SoundHound AI. MarketBeat recorded 11 mentions for Magic Software Enterprises and 6 mentions for SoundHound AI. SoundHound AI's average media sentiment score of 0.21 beat Magic Software Enterprises' score of 0.09 indicating that SoundHound AI is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SoundHound AI
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Magic Software Enterprises
0 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Magic Software Enterprises received 277 more outperform votes than SoundHound AI when rated by MarketBeat users. Likewise, 59.74% of users gave Magic Software Enterprises an outperform vote while only 28.57% of users gave SoundHound AI an outperform vote.

CompanyUnderperformOutperform
SoundHound AIOutperform Votes
2
28.57%
Underperform Votes
5
71.43%
Magic Software EnterprisesOutperform Votes
279
59.74%
Underperform Votes
188
40.26%

SoundHound AI currently has a consensus target price of $4.77, indicating a potential upside of 66.67%. Magic Software Enterprises has a consensus target price of $23.00, indicating a potential upside of 73.85%. Given Magic Software Enterprises' higher possible upside, analysts clearly believe Magic Software Enterprises is more favorable than SoundHound AI.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SoundHound AI
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Magic Software Enterprises
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Magic Software Enterprises has higher revenue and earnings than SoundHound AI. SoundHound AI is trading at a lower price-to-earnings ratio than Magic Software Enterprises, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SoundHound AI$31.13 million19.93-$115.37 million-$0.62-4.61
Magic Software Enterprises$566.79 million1.15$40.47 million$0.7916.75

SoundHound AI has a beta of 0.49, indicating that its share price is 51% less volatile than the S&P 500. Comparatively, Magic Software Enterprises has a beta of 1.17, indicating that its share price is 17% more volatile than the S&P 500.

Summary

Magic Software Enterprises beats SoundHound AI on 13 of the 17 factors compared between the two stocks.


New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SOUN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SOUN vs. The Competition

Export to Excel
MetricSoundHound AIPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$620.48M$18.27B$15.62B$6.18B
Dividend YieldN/A2.04%4.70%6.15%
P/E Ratio-4.6131.08280.5811.17
Price / Sales19.936.64880.4586.22
Price / CashN/A62.4326.75107.27
Price / Book-28.6027.6017.187.13
Net Income-$115.37M$271.70M$535.70M$192.91M
7 Day Performance4.76%2.84%2.19%0.20%
1 Month Performance7.52%6.03%5.13%1.33%
1 Year Performance-63.84%-8.36%-3.43%-0.24%

SoundHound AI Competitors List

Export to Excel
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MGIC
Magic Software Enterprises
2.1071 of 5 stars		$13.14
-3.7%		$23.00
+75.0%		-23.9%$645.04M$566.79M16.634,161Short Interest ↓
GDYN
Grid Dynamics
2.4978 of 5 stars		$8.92
+1.2%		$17.00
+90.6%		-50.5%$668.11M$310.48M-17.843,798
CCSI
Consensus Cloud Solutions
3.0341 of 5 stars		$35.85
-1.1%		$51.80
+44.5%		-26.4%$704.81M$362.42M10.07459Short Interest ↓
MTLS
Materialise
1.7113 of 5 stars		$9.21
+0.1%		$12.00
+30.3%		-36.6%$544.04M$242.81M307.002,433Analyst Upgrade
Short Interest ↓
VTEX
VTEX
2.2171 of 5 stars		$3.99
-0.7%		$5.40
+35.3%		-13.7%$754.07M$157.62M-19.001,349
WKME
WalkMe
2.2898 of 5 stars		$9.15
-3.9%		$12.21
+33.5%		-2.3%$756.25M$245.01M-8.171,200Short Interest ↓
DOMO
Domo
2.3526 of 5 stars		$14.74
-3.4%		$22.60
+53.3%		-62.7%$513.54M$308.64M-4.74917Earnings Report
Analyst Report
WEAV
Weave Communications
1.8283 of 5 stars		$7.60
-1.9%		$5.67
-25.4%		+40.6%$507.07M$142.12M-11.34889Short Interest ↓
High Trading Volume
SCWX
SecureWorks
1.4478 of 5 stars		$9.08
-0.1%		$8.50
-6.4%		-19.8%$778.43M$463.48M-6.732,149
SEAC
SeaChange International
1.625 of 5 stars		$8.75
-3.8%		N/A-48.7%$441.88M$32.49M-38.04150Stock Split
High Trading Volume

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This page (NASDAQ:SOUN) was last updated on 5/29/2023 by MarketBeat.com Staff

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