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SoundHound AI (SOUN) has declined 45% in the past month after delivering explosive gains through 2024 and into early 2025. It held onto most of those gains until news broke out that Nvidia (NVDA) sold its entire stake in the company. This was a big setback for SoundHound AI since many analysts called it a “Nvidia-backed investment.”
However, it’s not all doom and gloom for SoundHound. It is now down 61% from its peak, and given half of that decline has been for external reasons, looking at the company’s fundamentals to reassess whether or not it’s a buy is a good idea. Feb. 27 could prompt investors to do just that. Here’s why.