
Shares of SoundHound AI Inc (NASDAQ:SOUN) traded slightly lower on Thursday, following a surge that saw the stock gain approximately 30% during the second quarter. This impressive run comes amid a 10% increase over the trailing week, signaling strong investor interest in the voice AI innovator.
What To Know: Potentially fueling this optimism is a number of bullish analyst ratings. Piper Sandler recently initiated coverage with a $12 price target, while Wedbush and HC Wainwright reiterated their positive outlooks, setting targets of $15 and $18, respectively.