Reported 2 days ago
SoundHound AI, Inc. (NASDAQ:SOUN) is making significant strides in the voice technology sector, with 60% of its revenue in Q1 2025 attributed to its acquisition of conversational AI company Amelia, representing a 101% year-over-year growth. Analysts maintain a market performance rating with an $8.00 price target, citing the company's strong potential in enhancing human-to-machine interactions. SoundHound’s proprietary Voice AI platform is recognized for its speed and accuracy, and there are expectations for further growth in the second half of the year, driven by new software deals and activity in the restaurant sector.
Source: YAHOO