SOUN Bullish Calendar Call Spread Appears to be a Good Buy at 13 Cents
Market Chameleon (Fri, 22-Nov 3:06 PM ET)
SoundHound AI Shares Are On The Rise Friday: What's Going On?
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Business Wire (Thu, 21-Nov 9:00 AM ET)
SoundHound AI Delivers "Hey Kia" Voice AI Experience To India As Part of Kia Connect
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SoundHound AI Reports Record Third Quarter Revenue, Up 89%, Exceeding $25 Million; Raises Outlook
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Globe Newswire (Tue, 12-Nov 8:55 AM ET)
Business Wire (Thu, 31-Oct 9:05 AM ET)
Globe Newswire (Thu, 24-Oct 8:45 AM ET)
Business Wire (Wed, 23-Oct 9:00 AM ET)
Research Finds 76% Of U.S. Drivers Likely To Use Voice Generative AI Capabilities In Their Vehicles
Business Wire (Tue, 22-Oct 9:00 AM ET)
SoundHound AI Inc is an innovator of conversational intelligence, offering an independent Voice AI platform that enables businesses across industries to deliver high-quality conversational experiences to customers.
Soundhound Ai - Class A trades on the NASDAQ stock market under the symbol SOUN.
As of November 26, 2024, SOUN stock price declined to $7.61 with 37,807,467 million shares trading.
SOUN has a beta of 3.57, meaning it tends to be more sensitive to market movements. SOUN has a correlation of 0.12 to the broad based SPY ETF.
SOUN has a market cap of $2.81 billion. This is considered a Mid Cap stock.
Last quarter Soundhound Ai - Class A reported $25 million in Revenue and -$.04 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.03.
The top ETF exchange traded funds that SOUN belongs to (by Net Assets): IWM, VTI, VGT, VXF, IWO.
SOUN has outperformed the market in the last year with a return of +252.3%, while the SPY ETF gained +33.5%. In the last 3 month period, SOUN beat the market returning +51.3%, while SPY returned +7.2%. However, in the most recent 2 weeks SOUN has underperformed the stock market by returning -2.1%, while SPY returned +0.3%.
SOUN support price is $7.41 and resistance is $8.65 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SOUN shares will trade within this expected range on the day.