Latest news with #SOUN
Yahoo
8 hours ago
- Business
- Yahoo
SoundHound AI Second Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags
Explore SoundHound AI's Fair Values from the Community and select yours SoundHound AI (NASDAQ:SOUN) Second Quarter 2025 Results Key Financial Results Revenue: US$42.7m (up 217% from 2Q 2024). Net loss: US$74.7m (loss widened by 100% from 2Q 2024). US$0.19 loss per share (further deteriorated from US$0.11 loss in 2Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period SoundHound AI Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by 30%. Earnings per share (EPS) missed analyst estimates by 100%. Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US. Performance of the American Software industry. The company's shares are up 34% from a week ago. Risk Analysis We don't want to rain on the parade too much, but we did also find 3 warning signs for SoundHound AI that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
a day ago
- Business
- Yahoo
SoundHound's Post-Q2 Rally Explained: Should You Buy SOUN Stock Now?
Shares of SoundHound AI (SOUN) staged a sharp rebound after the company delivered a blowout second quarter, setting a new revenue record and lifting its full-year outlook. SOUN stock surged more than 27% in morning today after the results were announced, as investors cheered the company's accelerating momentum in the fast-growing conversational and voice AI market. The rally comes after a turbulent stretch for the stock. From a high of $24.98, SOUN endured a steep decline amid mounting concerns about its high valuations and broader economic headwinds. Selling pressure intensified in the months leading up to the Q2 release, leaving the stock deep in the red on a year-to-date basis. Despite the selloff, SoundHound's business fundamentals have remained strong, with demand for its AI technology continuing to expand across multiple industries. More News from Barchart Robinhood Stock Seemingly Can't Be Stopped in 2025. Is It Too Late to Buy HOOD Here? Dear Ford Stock Fans, Mark Your Calendar for August 11 Cathie Wood Is Buying Shares of This Little-Known Ethereum Treasury Company. Should You? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. The first quarter of 2025 had already hinted at the company's growth potential, with revenue climbing 151% year-over-year to $29.1 million. That performance had surpassed even the impressive 101% year-over-year growth registered in Q4 2024. But Q2 took things to another level. The company reported $42.7 million in revenue, a staggering 217% increase from last year's second quarter. This was driven by a growing addressable market, the addition of new customers, and successful cross-selling initiatives. Such explosive top-line growth reflects the surging demand for its voice AI solutions. As businesses in sectors ranging from automotive to hospitality seek to integrate conversational AI into their customer interactions, SoundHound's technology is gaining traction. This broadening adoption solidifies its leadership position in the space and sets the stage for sustained revenue expansion. SoundHound's Expansion Gains Speed SoundHound is firing on all cylinders, with growth momentum building quarter after quarter, with no signs of slowing down. The company has been making significant inroads across its key business segments, including automotive, AI-powered enterprise customer service, and AI-driven automation for restaurants. In the second quarter, it crossed a significant milestone, processing more than 1 billion queries per month on its platform, underscoring the scale and adoption of its technology. The rollout of its Agentic AI platform is emerging as the new growth catalyst for the company. This innovation has provided a tailwind across the business, bolstered by strategic channel investments that are beginning to pay off. Expanded enterprise partnerships and deeper engagement with existing partners have contributed meaningfully to results, positioning the company for continued expansion. In automotive, SoundHound signed a new original equipment manufacturer (OEM) in China, while enjoying a double-digit lift in average selling prices thanks to broader integration of its generative AI solutions. Its restaurant business is also performing exceptionally well, with location deployments accelerating quarter-over-quarter. The company now powers more than 14,000 restaurant locations with its Voice AI ordering technology, an increase of 1,000 locations in Q2 alone. Diversification has been another bright spot. During the first half of the year, no single customer accounted for more than 10% of total revenue, reducing concentration risk and creating a more stable growth foundation. Q2 also benefited from strong close rates on major deals, a trend that could sustain in future quarters. Thanks to the strong demand, SoundHound raised its 2025 revenue outlook to $160 million to $178 million from $157 million to $177 million. Recent acquisitions have strengthened both its capabilities and customer base, accelerating growth and creating new opportunities. While expansion has been rapid, SoundHound is keeping a close eye on costs. Management is pursuing operational efficiency through cloud integrations and workforce optimization, with generative AI playing a key role in enhancing productivity. With profitability in sight, the company remains confident in its path toward achieving adjusted EBITDA profitability by the end of 2025. The Bottom Line on SoundHound Stock SoundHound's Q2 results showcased explosive revenue growth, expanding market adoption, and a path toward profitability. With diversified revenue streams, strategic partnerships, and its agentic AI platform gaining traction, the company is positioned for sustained momentum. Analysts label SOUN stock a 'Moderate Buy.' Still, if SoundHound maintains this growth trajectory and edges closer to profitability, the current rally could be more than just a short-term rebound. On the date of publication, Amit Singh did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
2 days ago
- Business
- Business Insider
SoundHound (SOUN) Soars 30% after Q2 Results Prompt Analyst Praise
SoundHound (SOUN) shares are up almost 30% at the time of writing after the AI company reported strong second-quarter results that beat expectations. As a result, Wall Street analysts responded positively, with Wedbush raising its price target from $15 to $16 and maintaining a Buy rating. Indeed, five-star analyst Daniel Ives said that SoundHound brought in $42.7 million in revenue, which was up 217% from last year and well above the $32.8 million estimate, thanks to new customer deals and more cross-selling across different industries. Its Amelia AI platform also played a key role in growing sales. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Looking ahead, SoundHound raised its 2025 guidance slightly to a range of $160 million to $178 million, up from $157 million to $177 million. Interestingly, Wedbush believes that this new forecast is still conservative because demand is strong and partnerships with channel partners continue to grow. Ives called this a big step forward for SoundHound by saying that the company is an underappreciated AI leader that's gaining ground across multiple industries. However, other analysts had a more cautious view. More specifically, Piper Sandler's 4.5-star analyst, James Fish, kept a Hold rating and a $12 price target despite saying it was encouraging to see improved growth and profitability. Cantor also maintained a Hold rating with an $8.50 target, even though it highlighted SoundHound's organic growth, a win in China's auto sector, and better engagement with users. Nevertheless, Cantor, led by four-star analyst Thomas Blakey, noted that there is some uncertainty when it comes to deal closings for the second half of the year and that said trade pressures may slightly impact production. Is SOUN Stock a Good Buy? Turning to Wall Street, analysts have a Moderate Buy consensus rating on SOUN stock based on four Buys, three Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average SOUN price target of $12.43 per share implies 10.9% downside risk.
Yahoo
2 days ago
- Business
- Yahoo
SoundHound AI CEO says 'blowout quarter' is just the beginning as stock surges
Business is booming for SoundHound AI (SOUN). "Every business unit delivered success," SoundHound AI CEO Keyvan Mohajer said on Yahoo Finance's Market Catalysts. The voice AI company is expanding across industries from restaurants to enterprises. Its stock rocketed nearly 30% following an impressive earnings report that boasted a 217% year over year jump in revenue. The company reported a loss of $0.19 per share on $43 million of revenue. Mohajer attributed the company's "blowout quarter" to growth that's fueled by new deals and cross-selling across sectors. It raised its guidance for fiscal 2025, forecasting revenue between $160 million and $178 million. The 20-year-old company has also made significant strides in the voice commerce space, particularly with agentic AI. Agentic AI refers to systems that can handle complex tasks and make decisions independently, much like a human, and it's a key technology SoundHound says sets it apart. "Imagine you're driving home from work ... what if you could find a restaurant that your family likes and place an order for dinner by talking to the car, maybe [book] healthcare or salon appointments ... SoundHound is doing that," Mohajer explained, adding the company is working with prominent auto players in Europe and North America. Restaurants can also use SoundHound to take orders using its voice assistant technology, which reduces costs while boosting speed. Its stock has gained over 160% in the past 12 months, though it's down 32% year to date. "SoundHound continues to win large new logos including major OEMs and restaurants resulting in rapid growth in its pipeline," D.A. Davidson Gil Luria wrote in a note. Its expanding customer base include new partnerships with Red Lobster, Dine Brands (DIN) owned IHOP, and Chipotle (CMG). As more chains embrace automation, SoundHound is poised to grow. The company is active in 14,000 restaurant locations, up from 13,000, Luria wrote. Luria raised his price target to $15 from $10.72, due to the company's "impressive progress" and increasing market share in a "massive and underpenetrated" market. SoundHound is capturing significant share in AI-driven customer service, he added. While SoundHound remains in growth mode, Mohajer said the company aims to achieve adjusted EBITDA profitability by the end of fiscal year 2025. SoundHound has also been on an acquisition streak. The company "explored a lot of cost synergies" after acquiring three companies last year, a move that helped it gain traction in new verticals like financial services, healthcare, and insurance, per Mohajer. "We think we've become good at it," he said. "We would be able to do it again. But it depends on finding the right targets that are great on their own." Francisco Velasquez is a Reporter at Yahoo Finance. He can be reached on LinkedIn and X, or via email at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
SoundHound AI CEO says 'blowout quarter' is just the beginning as stock surges
Business is booming for SoundHound AI (SOUN). "Every business unit delivered success," SoundHound AI CEO Keyvan Mohajer said on Yahoo Finance's Market Catalysts. The voice AI company is expanding across industries from restaurants to enterprises. Its stock rocketed nearly 30% following an impressive earnings report that boasted a 217% year over year jump in revenue. The company reported a loss of $0.19 per share on $43 million of revenue. Mohajer attributed the company's "blowout quarter" to growth that's fueled by new deals and cross-selling across sectors. It raised its guidance for fiscal 2025, forecasting revenue between $160 million and $178 million. The 20-year-old company has also made significant strides in the voice commerce space, particularly with agentic AI. Agentic AI refers to systems that can handle complex tasks and make decisions independently, much like a human, and it's a key technology SoundHound says sets it apart. "Imagine you're driving home from work ... what if you could find a restaurant that your family likes and place an order for dinner by talking to the car, maybe [book] healthcare or salon appointments ... SoundHound is doing that," Mohajer explained, adding the company is working with prominent auto players in Europe and North America. Restaurants can also use SoundHound to take orders using its voice assistant technology, which reduces costs while boosting speed. Its stock has gained over 160% in the past 12 months, though it's down 32% year to date. "SoundHound continues to win large new logos including major OEMs and restaurants resulting in rapid growth in its pipeline," D.A. Davidson Gil Luria wrote in a note. Its expanding customer base include new partnerships with Red Lobster, Dine Brands (DIN) owned IHOP, and Chipotle (CMG). As more chains embrace automation, SoundHound is poised to grow. The company is active in 14,000 restaurant locations, up from 13,000, Luria wrote. Luria raised his price target to $15 from $10.72, due to the company's "impressive progress" and increasing market share in a "massive and underpenetrated" market. SoundHound is capturing significant share in AI-driven customer service, he added. While SoundHound remains in growth mode, Mohajer said the company aims to achieve adjusted EBITDA profitability by the end of fiscal year 2025. SoundHound has also been on an acquisition streak. The company "explored a lot of cost synergies" after acquiring three companies last year, a move that helped it gain traction in new verticals like financial services, healthcare, and insurance, per Mohajer. "We think we've become good at it," he said. "We would be able to do it again. But it depends on finding the right targets that are great on their own." Francisco Velasquez is a Reporter at Yahoo Finance. He can be reached on LinkedIn and X, or via email at Sign in to access your portfolio
