Reported 2 days ago
SoundHound AI, Inc. (NASDAQ:SOUN) has garnered attention as H.C. Wainwright raised its price target to $26.00, maintaining a ‘Buy’ rating amid expectations of ‘material outperformance’ in the near future. Despite a 7.9% increase in 2025, SoundHound's performance still lags behind the Russell 2000 index, but upcoming third-quarter results in November may act as a catalyst for growth. Analysts anticipate significant contributions from the recent acquisition of Interactions Corporation, which are not reflected in existing revenue forecasts for 2026.
Source: YAHOO