SoundHound AI stock dips: What's going on?
SoundHound AI Inc. SOUN shares falling Friday, a day after reporting third-quarter results, as Cantor Fitzgerald cut its ...
Model output · Signal date 2026-11-09
Soundhound Ai, Inc. (SOUN) Stock Forecast Nov. 9, 2026
Analysis updated on Nov. 9, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Rating · 90D
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90-day forecast
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Alpha
Rank in coverage
of 4004 stocks scored
Rank correlation · 90D
3.0%
Spearman, 358 dates
Market Cap
$1.83B
small-cap · #60 of 60 peers
Summary
Soundhound Ai, Inc. (SOUN) stock forecast summary
Our AI scores Soundhound Ai, Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Soundhound Ai, Inc. is a small-cap company with a market capitalization of $1.83B. It ranks number 60 by market capitalization among the 60 Services-Prepackaged Software issuers in our coverage with a current forecast. Its Net Margin of -585.1% is the lowest of the 47 peers that report one. Its Gross Margin of 42.3% is the lowest of the 56 peers that report one.
For SOUN, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 3.0%, measured on 358 forecast dates between 2022-08-22 and 2026-08-11 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -2.0%, measured on 401 forecast dates between 2022-08-22 and 2026-10-09. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.6%, sell < -0.3%, strong sell < -1.7% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-09 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, SOUN included.
Price
SOUN price chart and AI forecast
Cross-section · 2026-11-09
How SOUN ranks among 4004 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-06-30
Soundhound Ai, Inc. (SOUN) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Services-Prepackaged Software peers listed below that report each metric.
Valuation & Market
| Metric | SOUN | Rank |
|---|---|---|
| Market Cap | $1.83B | 60/60 |
| EPS | $-0.19 | – |
| Revenue/Share | $0.46 | – |
| FCF/Share | $-0.26 | – |
Profitability & Margins
| Metric | SOUN | Rank |
|---|---|---|
| ROE | 27.6% | 15/43 |
| Gross Margin | 42.3% | 56/56 |
| Operating Margin | -811.7% | 59/59 |
| Net Margin | -585.1% | 47/47 |
| EBT Margin | -765.9% | 59/59 |
| Tax Rate | -4.3% | – |
Financial Health
| Metric | SOUN | Rank |
|---|---|---|
| Current Ratio | 3.91x | 9/57 |
| D/E Ratio | 0.00x | 52/52 |
| Interest Coverage | -3330.6x | 46/47 |
| Working Capital | $206M | 40/57 |
Cash Flow
| Metric | SOUN | Rank |
|---|---|---|
| Operating Cash Flow | -$115M | 59/59 |
| Free Cash Flow | -$116M | 48/50 |
| Capital Spending | -$1M | 2/50 |
| FCF/Sales | -57.0% | 49/50 |
| CapEx/Sales | 0.7% | 33/50 |
Operational Efficiency
| Metric | SOUN | Rank |
|---|---|---|
| Receivables Turnover | 7.5x | 21/50 |
| Fixed Assets Turnover | 81.3x | 10/49 |
| Days Sales Outstanding | 49 days | 30/50 |
| Payables Period | 24 days | 30/53 |
Income Statement
| Metric | SOUN | Rank |
|---|---|---|
| Total Revenue | $203M | 53/53 |
| Operating Income | -$139M | 48/59 |
| Net Income | -$100M | 38/47 |
| R&D Expense | $101M | 59/59 |
| SG&A Expense | $390M | 54/58 |
| Cost of Goods Sold | $117M | 56/57 |
Dividend & Shareholder Information
| Metric | SOUN | Rank |
|---|---|---|
| Shares Outstanding | 444M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $277M | |
| Cash & Short-term Investments | $203M | |
| Accounts Receivable | $27M | 20.3% of assets |
| Total Liabilities | $660K | 0.5% of assets |
| Short-term Debt | $63M | 47.6% of assets |
Quarterly Financial Reports
SOUN quarterly financials and insider trading
Industry Peers · Services-Prepackaged Software
Soundhound Ai, Inc. (SOUN) industry peers
Companies classified under the same SEC industry code as Soundhound Ai, Inc. (Services-Prepackaged Software): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| SOUN Soundhound Ai, Inc. | $1.83B | |
| MSFT Microsoft Corp | $3.94T | |
| PLTR Palantir Technologies Inc. | $385.38B | |
| ORCL Oracle Corp | $351.06B | |
| SAP Sap Se | $286.79B | |
| CRWD Crowdstrike Holdings, Inc. | $222.09B | |
| SHOP Shopify Inc. | $191.59B | |
| CRM Salesforce, Inc. | $175.83B | |
| NET Cloudflare, Inc. | $95.00B | |
| ADBE Adobe Inc. | $93.14B | |
| CDNS Cadence Design Systems Inc | $87.78B | |
| SNPS Synopsys Inc | $86.32B | |
| NTES Netease, Inc. | $82.93B | |
| DDOG Datadog, Inc. | $64.29B | |
| ADSK Autodesk, Inc. | $54.70B | |
| XYZ Block, Inc. | $51.36B | |
| VEEV Veeva Systems Inc | $49.18B | |
| TTWO Take Two Interactive Software Inc | $40.18B | |
| TEAM Atlassian Corp | $38.90B | |
| RBLX Roblox Corp | $35.28B | |
| TWLO Twilio Inc | $31.26B | |
| OKTA Okta, Inc. | $29.49B | |
| CRWV Coreweave, Inc. | $25.59B | |
| MDB Mongodb, Inc. | $25.20B | |
| RBRK Rubrik, Inc. | $21.92B | |
| PTC Ptc Inc. | $21.17B | |
| SSNC Ss&C Technologies Holdings Inc | $18.24B | |
| GEN Gen Digital Inc. | $17.67B | |
| TYL Tyler Technologies Inc | $16.72B | |
| NTNX Nutanix, Inc. | $15.79B | |
| CHKP Check Point Software Technologies Ltd | $15.22B | |
| MANH Manhattan Associates Inc | $14.68B | |
| BSY Bentley Systems Inc | $13.49B | |
| GWRE Guidewire Software, Inc. | $13.23B | |
| DT Dynatrace, Inc. | $12.55B | |
| FROG Jfrog Ltd | $12.45B | |
| PCOR Procore Technologies, Inc. | $11.45B | |
| SAIL Sailpoint, Inc. | $10.97B | |
| PAYC Paycom Software, Inc. | $10.70B | |
| FIG Figma, Inc. | $10.03B | |
| HUBS Hubspot Inc | $10.00B | |
| PCTY Paylocity Holding Corp | $9.19B | |
| ESTC Elastic N.V. | $9.04B | |
| NTSK Netskope Inc | $8.70B | |
| APPF Appfolio Inc | $8.18B | |
| DSGX Descartes Systems Group Inc | $8.09B | |
| GTLB Gitlab Inc. | $8.01B | |
| DBX Dropbox, Inc. | $7.82B | |
| TTAN Servicetitan, Inc. | $7.80B | |
| ZETA Zeta Global Holdings Corp. | $7.64B | |
| S Sentinelone, Inc. | $7.58B | |
| DUOL Duolingo, Inc. | $7.51B | |
| GLBE Global-E Online Ltd. | $7.26B | |
| PATH Uipath, Inc. | $6.78B | |
| QLYS Qualys, Inc. | $6.59B | |
| CVLT Commvault Systems Inc | $6.48B | |
| NAVN Navan, Inc. | $6.34B | |
| KVYO Klaviyo, Inc. | $5.90B | |
| NICE Nice Ltd. | $5.81B | |
| BOX Box Inc | $5.76B |
Where SOUN sits on the market map
Technology · Services-Prepackaged Software
News
Soundhound Ai, Inc. (SOUN) stock news
SoundHound AI Reports Record Q3 Revenue and Guides to Sustained Adjusted EBITDA Profitability within 2H 2027
SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and agentic AI, today reported its financial results for the ...
Is SOUN Worth Buying as AI Growth Clashes With Persistent Losses?
SoundHound's surging AI revenues and LivePerson deal fuel growth hopes, but mounting losses, cash burn and valuation risks ...
FAQ
Soundhound Ai, Inc. (SOUN) stock forecast FAQ
What is the Soundhound Ai, Inc. (SOUN) stock forecast?
Our AI scores Soundhound Ai, Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Soundhound Ai, Inc. stock predictions?
For SOUN, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 3.0%, measured on 358 forecast dates between 2022-08-22 and 2026-08-11 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -2.0%, measured on 401 forecast dates between 2022-08-22 and 2026-10-09. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Soundhound Ai, Inc. forecasts updated?
Soundhound Ai, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 9, 2026.
Which companies are Soundhound Ai, Inc.'s industry peers?
60 issuers in our coverage, SOUN included, share the SEC industry code Services-Prepackaged Software. The largest are: Microsoft Corp (MSFT), Palantir Technologies Inc. (PLTR), Oracle Corp (ORCL), Sap Se (SAP), Crowdstrike Holdings, Inc. (CRWD), Shopify Inc. (SHOP).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.