SOUN - SoundHound AI, Inc. Stock Price, Fair Value and News

4.39USD-0.23 (-4.98%)Delayed as of 30 Apr 2024, 01:59 pm ET

Market Summary

USD4.39-0.23

Delayedas of 30 Apr 2024, 01:59 pm

-4.98%

SOUN Alerts

1 major insider sales recently.

SOUN Stock Price

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SOUN RSI Chart

SOUN Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

-11.91

Price/Sales (Trailing)

23.09

EV/EBITDA

-16.09

Price/Free Cashflow

-15.43

SOUN Price/Sales (Trailing)

SOUN Profitability

Operating Margin

75.35%

EBT Margin

-185.34%

Return on Equity

-315.74%

Return on Assets

-58.85%

Free Cashflow Yield

-6.48%

SOUN Fundamentals

SOUN Revenue

Revenue (TTM)

45.9M

Rev. Growth (Yr)

80.48%

Rev. Growth (Qtr)

29.24%

SOUN Earnings

Earnings (TTM)

-88.9M

Earnings Growth (Yr)

41.7%

Earnings Growth (Qtr)

10.86%

Breaking Down SOUN Revenue

52 Week Range

4.71

(Low)(High)

Last 7 days

22.2%

Last 30 days

-21.6%

Last 90 days

158.1%

Trailing 12 Months

73.7%

How does SOUN drawdown profile look like?

SOUN Financial Health

Current Ratio

4.69

Debt/Equity

2.99

Debt/Cashflow

-0.81

SOUN Investor Care

Shares Dilution (1Y)

45.73%

Diluted EPS (TTM)

-0.41

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	33.5M	36.1M	38.2M	45.9M
2022	21.7M	19.6M	26.8M	31.1M
2021	18.4M	23.7M	29.1M	21.2M
2020	0	0	10.3M	13.0M
2019	0	0	0	7.7M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Tracking the Latest Insider Buys and Sells of SoundHound AI, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 22, 2024	mohajer keyvan	sold	-192,454	6.0778	-31,665	ceo
Mar 21, 2024	stonehocker timothy	sold	-40,604	7.6961	-5,276	chief technology officer
Mar 19, 2024	sharan nitesh	sold	-194,182	8.3656	-23,212	chief financial officer
Mar 19, 2024	zagorsek michael	sold	-201,653	8.3656	-24,105	chief operating officer
Mar 19, 2024	hom james ming	sold	-142,558	8.3656	-17,041	chief product officer
Mar 19, 2024	mohajer keyvan	sold	-408,551	8.3656	-48,837	ceo
Mar 19, 2024	emami majid	sold	-142,558	8.3656	-17,041	vp, engineering
Mar 15, 2024	sharan nitesh	sold (taxes)	-14,166	8.91	-1,590	chief financial officer
Mar 15, 2024	marcus lawrence	sold	-225,572	9.0229	-25,000	-
Mar 14, 2024	ball eric r.	sold	-382,000	9.55	-40,000	-

Which funds bought or sold SOUN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 26, 2024	Clear Creek Financial Management, LLC	new	-	299,400	299,400	0.04%
Apr 26, 2024	EQUITEC PROPRIETARY MARKETS, LLC	new	-	162,564	162,564	0.05%
Apr 26, 2024	YHB Investment Advisors, Inc.	new	-	5,890	5,890	-%
Apr 25, 2024	Allworth Financial LP	new	-	35,340	35,340	-%
Apr 25, 2024	GHP Investment Advisors, Inc.	new	-	5,890	5,890	-%
Apr 25, 2024	Bogart Wealth, LLC	new	-	589	589	-%
Apr 25, 2024	Meridian Wealth Management, LLC	sold off	-100	-152,629	-	-%
Apr 25, 2024	Zurcher Kantonalbank (Zurich Cantonalbank)	reduced	-21.16	115,672	212,853	-%
Apr 25, 2024	Emerald Advisors, LLC	new	-	58,900	58,900	0.01%
Apr 25, 2024	SIMPLEX TRADING, LLC	sold off	-100	-127,000	-	-%

Are Funds Buying or Selling SOUN?

Are funds buying SOUN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SOUN

No. of Funds

SOUN Alerts

1 major insider sales recently.

Unveiling SoundHound AI, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	blackrock inc.	4.5%	12,343,093	SC 13G/A
Feb 14, 2024	blackrock inc.	5.6%	11,758,411	SC 13G
Feb 13, 2024	vanguard group inc	6.61%	13,843,982	SC 13G
Jul 25, 2023	global catalyst partners iii l p	0%	0	SC 13D/A
Jul 12, 2023	global catalyst partners iii l p	8.5%	15,150,565	SC 13D/A
Jul 10, 2023	global catalyst partners iii l p	11.3%	20,150,565	SC 13D/A
Jun 07, 2023	global catalyst partners iii l p	15.8%	28,150,565	SC 13D/A

Recent SEC filings of SoundHound AI, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 29, 2024	DEF 14A	DEF 14A
Apr 10, 2024	424B5	Prospectus Filed
Apr 10, 2024	8-K	Current Report
Apr 08, 2024	S-8	Employee Benefits Plan
Apr 05, 2024	SC 13G/A	Major Ownership Report
Mar 22, 2024	144	Notice of Insider Sale Intent
Mar 22, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4/A	Insider Trading
Mar 21, 2024	4	Insider Trading

SoundHound AI, Inc. News

Latest updates

SoundHound AI, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Revenue	29.2%	17,147,000	13,268,000	8,751,000	6,707,000	9,501,000	11,186,000	6,152,000	4,290,000	5,151,000	4,028,000	8,279,000	3,739,000	13,017,000	-	-
Cost Of Revenue	8.9%	3,911,000	3,590,000	1,830,000	1,976,000	2,755,000	2,583,000	2,488,000	1,773,000	1,707,000	1,657,000	1,628,000	1,593,000	5,863,000	-	-
Costs and Expenses	6.6%	29,645,500	27,798,000	25,187,000	31,745,000	38,454,000	38,258,000	35,082,000	25,007,000	24,190,000	21,198,000	20,778,000	20,358,000	-	-	-
Operating Expenses	-	-	-	-	-	50,511,474	38,194,000	35,082,000	490,053	34,328,280	21,198,000	20,778,000	81,441	716	-	-
S&GA Expenses	-42.1%	2,588,500	4,471,000	6,424,000	7,290,000	6,744,000	6,672,000	4,370,000	2,581,000	981,000	1,175,000	1,008,000	1,076,000	4,739,000	-	-
R&D Expenses	-0.7%	12,713,000	12,806,000	11,736,000	14,184,000	21,528,000	19,352,000	18,862,000	16,650,000	16,368,000	14,344,000	14,023,000	14,443,000	54,279,000	-	-
EBITDA Margin	33.9%	-1.42	-2.15	-2.67	-3.21	-3.31	-3.52	-4.36	-3.16	-3.08	-3.88	-3.08	-3.98	-5.61	-5.70	-7.68
Interest Expenses	0.3%	5,460,000	5,442,000	5,572,000	1,096,000	1,178,000	1,166,000	1,572,000	2,977,000	2,617,000	2,683,000	2,294,000	748,000	1,201,000	-	-
Income Taxes	2.9%	1,607,000	1,561,000	417,000	329,000	1,284,000	864,000	389,000	352,000	-944,000	1,190,000	43,000	167,000	738,000	-	-
Earnings Before Taxes	12.0%	-16,396,000	-18,636,000	-22,890,000	-27,101,000	-29,597,000	-29,197,000	-30,279,000	-24,751,000	-22,791,000	-22,591,000	-14,609,000	-19,093,000	-73,669,000	-	-
EBT Margin	27.9%	-1.85	-2.57	-3.01	-3.46	-3.66	-4.00	-5.12	-3.90	-3.73	-4.47	-3.11	-4.01	-5.66	-6.21	-8.36
Net Income	10.9%	-18,003,000	-20,197,000	-23,307,000	-27,430,000	-30,881,000	-30,061,000	-30,668,000	-25,103,000	-21,847,000	-23,781,000	-14,652,000	-19,260,000	-716	-	-
Net Income Margin	27.2%	-1.94	-2.66	-3.09	-3.55	-3.75	-4.02	-5.17	-3.93	-3.75	-1.99	-3.14	-4.05	-5.72	-6.23	-8.40
Free Cashflow	31.2%	-13,928,000	-20,235,000	-19,939,000	-14,555,000	-20,555,000	-27,044,000	-32,149,000	-15,600,000	-15,482,000	-18,595,000	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet														(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Assets	4.9%	151	144	158	72.00	38.00	64.00	90.00	36.00	49.00	134	134	134	64.00	64.00
Current Assets	3.8%	114	109	127	53.00	18.00	42.00	72.00	13.00	27.00	1.00	1.00	1.00	49.00	45.00
Cash Equivalents	-0.9%	95.00	96.00	116	46.00	9.00	34.00	65.00	8.00	22.00	27.00	46.00	30.00	45.00	26.00
Net PPE	-	-	-	-	-	3.00	4.00	5.00	5.00	6.00	7.00	-	-	10.00	14.00
Liabilities	4.1%	123	118	119	70.00	75.00	78.00	85.00	120	113	101	90.00	78.00	66.00	47.00
Current Liabilities	13.1%	24.00	21.00	24.00	42.00	39.00	39.00	41.00	97.00	88.00	0.00	0.00	0.00	25.00	21.00
Long Term Debt	1.2%	84.00	83.00	66.00	-	18.00	-	-	-	-	-	-	-	-	-
LT Debt, Current	-	-	-	-	-	17.00	-	-	-	-	19.00	-	-	-	-
LT Debt, Non Current	-100.0%	-	83.00	66.00	-	18.00	-	-	-	-	-	-	-	-	-
Shareholder's Equity	8.6%	28.00	26.00	39.00	2.00	-36.56	-	5.00	-	-343	0.00	1.00	1.00	-276	-
Retained Earnings	-3.1%	-592	-574	-554	-530	-503	-472	-442	-411	-386	-0.35	-0.16	-0.08	-307	9.00
Additional Paid-In Capital	3.5%	606	586	568	508	467	457	447	48.00	43.00	1.00	1.00	-4.26	31.00	26.00
Shares Outstanding	-5.3%	229	242	221	205	157	143	162	70.00	67.00	68.00	67.00	5.00	12.00	-
Float	-	-	-	734	-	-	-	315	-	-	-	138	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Cashflow From Operations	31.3%	-13,870	-20,194	-19,661	-14,540	-20,414	-26,838	-31,778	-14,989	-15,080	-18,472	-17,921	-14,704	-46,304	-	-
Share Based Compensation	9.0%	7,292	6,692	5,698	8,249	9,292	9,173	7,863	2,464	2,273	1,315	1,346	1,388	5,897	-	-
Cashflow From Investing	-41.5%	-58.00	-41.00	-278	-15.00	-141	-206	-371	-611	-402	-123	-48.00	-63.00	11,448	-	-
Cashflow From Financing	2017.0%	13,062	617	102,917	51,641	-3,612	-4,554	88,212	1,955	9,755	-356	34,649	605	53,454	-	-

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SOUN Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues	$ 45,873	$ 31,129	$ 21,197
Operating expenses:
Cost of revenues	11,307	9,599	6,585
Sales and marketing	18,893	20,367	4,240
Research and development	51,439	76,392	59,178
General and administrative	28,285	30,443	16,521
Restructuring	4,557	0	0
Total operating expenses	114,481	136,801	86,524
Loss from operations	(68,608)	(105,672)	(65,327)
Other expense, net:
Interest expense	(17,570)	(6,893)	(8,342)
Other income (expense), net	1,155	(1,259)	(5,415)
Total other expense, net	(16,415)	(8,152)	(13,757)
Loss before provision for income taxes	(85,023)	(113,824)	(79,084)
Provision for income taxes	3,914	2,889	456
Net loss	(88,937)	(116,713)	(79,540)
Cumulative dividends attributable to Series A Preferred Stock	(2,774)	0	0
Net loss attributable to SoundHound common shareholders	(91,711)	(116,713)	(79,540)
Other comprehensive loss:
Unrealized gains on investments	199	0	1
Comprehensive loss	$ (91,512)	$ (116,713)	$ (79,539)
Net loss per share:
Basic (in dollars per share)	$ (0.40)	$ (0.74)	$ (1.18)
Diluted (in dollars per share)	$ (0.40)	$ (0.74)	$ (1.18)
Weighted-average common shares outstanding:
Basic (in shares)	229,264,904	157,317,695	67,255,538
Dilutive (in shares)	229,264,904	157,317,695	67,255,538

SOUN Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 95,260	$ 9,245
Accounts receivable, net of allowances of $203 and $109 as of December 31, 2023 and 2022, respectively	4,050	3,414
Prepaid expenses	924	2,514
Contract assets and unbilled revenue, net	11,780	1,671
Other current assets	1,528	859
Total current assets	113,542	17,703
Restricted cash equivalents, non-current	13,775	230
Right-of-use assets	5,210	8,119
Property and equipment, net	1,515	3,447
Deferred tax asset	11	55
Contract assets and unbilled revenue, non-current, net	16,492	7,041
Other non-current assets	577	1,391
Total assets	151,122	37,986
Current liabilities:
Accounts payable	1,653	2,798
Accrued liabilities	13,884	8,537
Operating lease liabilities	2,637	3,282
Finance lease liabilities	121	160
Income tax liability	1,618	1,314
Deferred revenue	4,310	5,812
Notes payable	0	16,668
Total current liabilities	24,223	38,571
Operating lease liabilities, net of current portion	3,089	5,715
Deferred revenue, net of current portion	4,910	7,543
Notes payable, net of current portion	84,312	18,299
Other non-current liabilities	6,420	4,423
Total liabilities	122,954	74,551
Commitments and contingencies (Note 7)
Stockholders’ equity (deficit):
Preferred stock value	14,187	0
Additional paid-in capital	606,135	466,857
Accumulated deficit	(592,379)	(503,442)
Accumulated other comprehensive income	199	0
Total stockholders’ equity (deficit)	28,168	(36,565)
Total liabilities and stockholders’ equity (deficit)	151,122	37,986
Class A Common Stock
Stockholders’ equity (deficit):
Common stock value	22	16
Class B Common Stock
Stockholders’ equity (deficit):
Common stock value	$ 4	$ 4

About SoundHound AI, Inc.

SoundHound AI, Inc. develops independent voice artificial intelligence (AI) platform that enables businesses across industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as automatic speech recognition, natural language understanding, wake words, custom domains, text-to-speech, and embedded voice solutions SoundHound AI, Inc. was founded in 2005 and is headquartered in Santa Clara, California.

CEO	Dr. Keyvan Mohajer
WEBSITE	soundhound.com
INDUSTRY	Software - Apps
EMPLOYEES	430

SoundHound AI, Inc. Frequently Asked Questions

What is the ticker symbol for SoundHound AI, Inc.? What does SOUN stand for in stocks?

SOUN is the stock ticker symbol of SoundHound AI, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SoundHound AI, Inc. (SOUN)?

As of Mon Apr 29 2024, market cap of SoundHound AI, Inc. is 1.06 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SOUN stock?

You can check SOUN's fair value in chart for subscribers.

What is the fair value of SOUN stock?

You can check SOUN's fair value in chart for subscribers. The fair value of SoundHound AI, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SoundHound AI, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SOUN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SoundHound AI, Inc. a good stock to buy?

The fair value guage provides a quick view whether SOUN is over valued or under valued. Whether SoundHound AI, Inc. is cheap or expensive depends on the assumptions which impact SoundHound AI, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SOUN.

What is SoundHound AI, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 29 2024, SOUN's PE ratio (Price to Earnings) is -11.91 and Price to Sales (PS) ratio is 23.09. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SOUN PE ratio will change depending on the future growth rate expectations of investors.