SoundHound AI (SOUN) Stock Forecast & Price Target $6.19 -0.17 (-2.67%) (As of 11/18/2024 ET) Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends SoundHound AI - Analysts' Recommendations and Stock Price Forecast (2024) How MarketBeat Calculates Price Target and Consensus Rating 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. Consensus Rating Moderate BuyBased on 7 Analyst RatingsSell0Hold3Buy4 Based on 7 Wall Street analysts who have issued ratings for SoundHound AI in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 3 have given a hold rating, and 4 have given a buy rating for SOUN. Consensus Price Target $7.6423.47% Upside According to the 7 analysts' twelve-month price targets for SoundHound AI, the average price target is $7.64. The highest price target for SOUN is $9.50, while the lowest price target for SOUN is $6.00. The average price target represents a forecasted upside of 23.47% from the current price of $6.19. Get the Latest News and Ratings for SOUN and Related Stocks Enter your email address to receive the latest news and analysts' ratings for SoundHound AI and its competitors. Enter your email to sign up for newsletter Sign Up SOUN Analyst Ratings Over TimeTypeCurrent Forecast11/19/23 to 11/18/241 Month Ago10/20/23 to 10/19/243 Months Ago8/21/23 to 8/20/241 Year Ago11/19/22 to 11/19/23Strong Buy0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)Buy4 Buy rating(s)5 Buy rating(s)5 Buy rating(s)3 Buy rating(s)Hold3 Hold rating(s)1 Hold rating(s)1 Hold rating(s)0 Hold rating(s)Sell0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)Consensus Price Target$7.64$7.08$7.08$4.53Forecasted Upside23.47% Upside28.79% Upside37.81% Upside102.91% UpsideConsensus RatingModerate BuyModerate BuyModerate BuyBuy I was wrong. Dead wrong. (Ad)One small investment into these three companies at IPO and you’ve outperformed almost any other investment you could make. Unfortunately, you can’t go back in time and invest in what became the three most dominant companies in the tech world.Click here to watch. SOUN Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe 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.Skip Chart & View Analyst Rating History SOUN Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe 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.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table SoundHound AI Stock vs. The CompetitionTypeSoundHound AIComputer and Technology CompaniesS&P 500Consensus Rating Score 2.57 2.67 2.50Consensus RatingModerate BuyModerate BuyModerate BuyPredicted Upside21.70% Upside549.36% Upside9.87% UpsideNews Sentiment RatingNeutral NewsSee Recent SOUN NewsPositive NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export to Excel DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails11/14/2024HC Wainwright2 of 5 stars Boost TargetBuy ➝ Buy$7.00 ➝ $8.00+27.59%11/13/2024Barclays3 of 5 stars Reiterated RatingBuy ➝ Neutral$7.00 ➝ $7.00+9.72%11/13/2024LADENBURG THALM/SH SH4 of 5 starsG. MattsonSubscribe to MarketBeat All Access for the recommendation accuracy ratingReiterated RatingBuy ➝ Neutral$7.00 ➝ $7.00-7.41%9/30/2024DA DavidsonSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingBuy ➝ Buy$9.50 ➝ $9.50+97.10%9/26/2024WedbushSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingOutperform ➝ Outperform$9.00 ➝ $9.00+81.09%8/9/2024Northland SecuritiesSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetMarket Perform ➝ Market Perform$5.50 ➝ $6.00+19.05% Get the Latest News and Ratings for SOUN and Related StocksEnter your email address below to receive the latest news and analysts' ratings for SoundHound AI and its competitors with MarketBeat's FREE daily newsletter. 8/9/2024Cantor FitzgeraldSubscribe to MarketBeat All Access for the recommendation accuracy ratingB. KnoblauchSubscribe to MarketBeat All Access for the recommendation accuracy ratingUpgradeNeutral ➝ Overweight$5.00 ➝ $7.00+34.36%Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 07:40 PM ET. SOUN Forecast - Frequently Asked Questions What is SoundHound AI's forecast for 2025? According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for SoundHound AI is $7.64, with a high forecast of $9.50 and a low forecast of $6.00. Should I buy or sell SoundHound AI stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SoundHound AI in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SOUN shares. Does SoundHound AI's stock price have much upside? According to analysts, SoundHound AI's stock has a predicted upside of 23.47% based on their 12-month stock forecasts. What analysts cover SoundHound AI? SoundHound AI has been rated by research analysts at Barclays, DA Davidson, HC Wainwright, LADENBURG THALM/SH SH, and Wedbush in the past 90 days. Do Wall Street analysts like SoundHound AI more than its competitors? Analysts like SoundHound AI less than other "computer and technology" companies. The consensus rating score for SoundHound AI is 2.57 while the average consensus rating score for "computer and technology" companies is 2.67. Learn more on how SOUN compares to other companies. 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