SoundHound AI Stock Outperforms C3.ai with Faster Growth and Solid Fundamentals
-
SoundHound AI is growing rapidly in the AI software market due to increasing adoption of its voice/speech tools. It has a large $339M backlog signaling strong future growth.
-
C3.ai stock has surged on AI hype but revenue growth is slowing after switching to a pay-as-you-go model from subscriptions.
-
SoundHound AI is anticipating 50% revenue growth this year versus just 15% for C3.ai.
-
SoundHound AI trades at a similar valuation to C3.ai despite much stronger growth fundamentals.
-
SoundHound AI appears to be the better AI stock pick right now thanks to its impressive growth and reasonable valuation.