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SoundHound AI (SOUN) is down 40% year-to-date as investors have largely shunned the generative artificial intelligence frenzy in 2025.
Broadly, however, the speech recognition specialist is seen as a niche player in the AI space with huge monetization opportunities in automotive and enterprise voice solutions. Investor euphoria hit a high when H.C. Wainwright’s Scott Buck reiterated a Street-consensus high price target of $26 in March – more than double its current trading level. Although Buck has since adjusted his price target to $18, his Street-high figure still implies more than 50% upside potential.