SoundHound AI: Buy Point (NASDAQ:SOUN)
SoundHound AI, a development voice AI software company, has promising technologies but struggles to deliver sales and profitability, making it a volatile stock to invest in.
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Posted 8/27/2023, 12:46:57 PM
seekingalpha.com
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SoundHound AI went public through a SPAC merger but lost its luster due to cooled-off revenue growth, steep losses, and high valuations, trading at around $2; while it faces competition in the voice recognition market, it has potential for growth and partnerships, but its stock is unlikely to regain favor until its adjusted EBITDA margin turns positive.