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Barchart
Barchart
Sushree Mohanty

Will Another Strong Quarter Push This Under-$10 AI Stock Up 225%?

SoundHound AI (SOUN), a pure-play voice artificial intelligence company, operates in one of the most exciting corners of the AI market. Yet, it is down 26% so far this year and 64% below its 52-week high, weighed down by concerns over profitability, excessive cash burn, shareholder dilution, and a broader market shift away from unprofitable growth stocks. The company will report its third-quarter earnings on Feb. 26. Even a modest surprise in the quarter can have a significant impact on the stock.

While SOUN stock currently trades at  about $7.80 per share, analysts have assigned a high price estimate of $26, implying that the stock can rally as much as 233%. 

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