S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
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Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom

SoundHound AI (SOUN) Stock Forecast & Price Target

$3.96
-0.10 (-2.46%)
(As of 04/17/2024 ET)

SoundHound AI Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 6 Analyst Ratings

Analysts' Consensus Price Target

$6.88
73.74% Upside
High Forecast$9.50
Average Forecast$6.88
Low Forecast$4.00
TypeCurrent Forecast
4/18/23 to 4/17/24
1 Month Ago
3/19/23 to 3/18/24
3 Months Ago
1/18/23 to 1/18/24
1 Year Ago
4/18/22 to 4/18/23
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
Hold
2 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$6.88$7.06$4.53$4.90
Predicted Upside73.74% Upside23.64% Upside150.00% Upside91.03% Upside
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SOUN Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SOUN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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SoundHound AI Stock vs. The Competition

TypeSoundHound AIComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.67
2.58
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside68.22% Upside114.24% Upside11.99% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/11/2024Cantor Fitzgerald
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 UpgradeUnderweight ➝ Neutral$4.90+8.65%
3/15/2024DA Davidson
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 Boost TargetBuy ➝ Buy$7.50 ➝ $9.50+15.01%
3/4/2024HC Wainwright
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S. Buck
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Boost TargetBuy ➝ Buy$5.00 ➝ $7.00+12.00%
3/1/2024Wedbush
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 Boost TargetOutperform ➝ Outperform$5.00 ➝ $9.00+52.03%
2/28/2024Northland Securities
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 Reiterated RatingOutperform ➝ Market Perform
1/30/2024LADENBURG THALM/SH SH
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 Initiated CoverageBuy$4.00+112.77%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 09:19 PM ET.

SOUN Price Target - Frequently Asked Questions

What is SoundHound AI's consensus rating and price target?

According to the issued ratings of 6 analysts in the last year, the consensus rating for SoundHound AI stock is Moderate Buy based on the current 2 hold ratings and 4 buy ratings for SOUN. The average twelve-month price prediction for SoundHound AI is $6.88 with a high price target of $9.50 and a low price target of $4.00. Learn more on SOUN's analyst rating history.

Do Wall Street analysts like SoundHound AI more than its competitors?

Analysts like SoundHound AI more than other Computer and Technology companies. The consensus rating score for SoundHound AI is 2.67 while the average consensus rating score for computer and technology companies is 2.58. Learn more on how SOUN compares to other companies.

Is SoundHound AI being upgraded by Wall Street analysts?

Over the previous 90 days, SoundHound AI's stock had 1 upgrade by analysts.

Does SoundHound AI's stock price have much upside?

According to analysts, SoundHound AI's stock has a predicted upside of 28.26% based on their 12-month stock forecasts.

What analysts cover SoundHound AI?

SoundHound AI has been rated by Cantor Fitzgerald, DA Davidson, HC Wainwright, LADENBURG THALM/SH SH, Northland Securities, and Wedbush in the past 90 days.


Stock Ratings Reports and Tools

This page (NASDAQ:SOUN) was last updated on 4/17/2024 by MarketBeat.com Staff

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