NASDAQ: SOUN

SoundHound AI (SOUN) Stock Analysis & Forecast

Oct 12 close

$4.97−0.42 (−7.8%)

Gekko Brief

AI summaryOct 12 close

SoundHound AI stock has continued to slide this week, touching fresh lows near $4.96 and trading around $5.14 and $5.52 on recent sessions amid surging short interest. A law firm, Kahn Swick & Foti, has announced an investigation into the company's officers and directors. Coverage has also focused on the company's expanding platform, including the LivePerson acquisition and the OASYS agentic AI push into IoT devices such as cars and TVs, with commentary questioning whether this broader footprint can convert into durable growth.

The stock closed at $4.97, down 7.8% on the day, and sits below both its 50-day average of $6.51 and 200-day average of $7.63, with the 50-day also below the 200-day. Over the past month shares are down 20.6%, and over three and six months down 25.7% and 27.3% respectively. The GekkoIndex reads 73.9, placing SOUN in the Buying zone, while the price sits 42.3% below the Gekko Fair Value of $8.62.

Earnings are scheduled for 5 November, 23 days out, falling inside a typical 20-trading-day holding window and following a quarter where results beat on EPS, with an 8.8% reaction last time. Seasonality over the next 20 trading days has averaged -12.2% across 4 years, rising in only 1 of them. No insider, Congress, or unusual options activity appears in the current window. Analyst consensus from 5 firms includes 4 buy ratings and 1 hold, with a consensus target of $12.57.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

SoundHound AI price vs fair value

$8.62$4.97Oct ’25Apr ’26Oct ’26
Close $4.97200-day averageGekko Fair Value $8.62

SoundHound AI quick facts

Market cap
$2.17B
P/E ratio
—
Forward P/E
227.3
EPS, TTM
−$0.62
Revenue, TTM
$203.2M
Profit margin
-67.4%
Dividend yield
—
Beta
2.86
Volume
20.28M avg 16.61M
1-year return
−73.3%
Typical daily move
±4.8%
Typical 20-day move
±17.5%
50-day average
$6.51
200-day average
$7.63
Next earnings
Nov 5 after close
Shares outstanding
411.6M
52-week range
$4.96$22.17

SoundHound AI swing-trade checklist

SoundHound AI scores 2 supportive, 0 mixed and 3 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive0 mixed3 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $4.97 is below the 50-day ($6.51) and 200-day ($7.63) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    73.9, Buying

    Reading 73.9 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    42.3% below

    Price is 42.3% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 24 days

    Reports on Nov 5, 2026, 24 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −12.2% on average

    From this point in the calendar, the next 20 trading days averaged −12.2% over 4 years, rising in 1 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

SoundHound AI stock chart and price history

SoundHound AI closed at $4.97 on Oct 12, 2026, −73.3% over the past year, inside a 52-week range of $4.96 to $22.17.

Close50-day average200-day averageVolume
SoundHound AI share price, past year, with 50-day and 200-day moving averages and volume$10$15$20NovDecJan 2026FebMarAprMayJunJulAugSepOct4.97

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−20.6%
3 months
−25.7%
6 months
−27.3%
1 year
−73.3%
The full SOUN chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open SOUN in Gekko

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About SoundHound AI

SoundHound AI builds artificial intelligence software built specifically around voice interaction. The company sells this technology to businesses in many different fields so they can give their own customers natural, conversational experiences instead of rigid, menu-driven ones. The company is best recognized for Houndify, its platform for building custom voice assistants.

Houndify gives client brands a set of building blocks rather than a single fixed product. These include recognizing spoken words, understanding what a user means, triggering a product through a custom wake word, handling requests tied to a specific industry or task, turning text into spoken audio, and embedding voice features directly inside other products. Through this toolkit, companies across varied sectors can shape voice assistants suited to their own customers rather than adopting a generic one.

SoundHound AI is headquartered in Santa Clara, California. Its shares are listed on the NASDAQ under the ticker SOUN.

Listed
NASDAQ
Sector
Technology services
Industry
Packaged software
Website
soundhound.com

SoundHound AI GekkoIndex: the smart money zone

SoundHound AI’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 73.9, in the Buying zone, up 7.8 points over five sessions.

010073.9Buying

Up 7.8 points over five sessions, from the Accumulation zone.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)44+1.8%+11.5%+27.7%+12.8%
Accumulation264+0.7%+2.3%+5.2%+9.2%
Neutral310+2.2%+1.6%+6.8%+20.7%
Distribution49+2.6%+20.4%+33.8%+45.9%
Selling15+25.5%+31.6%+59.4%+29.2%

Average SOUN share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.1% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the SOUN price, zone by zone.Track SOUN in Gekko

Is SoundHound AI stock overvalued? Gekko Fair Value

SoundHound AI trades 42.3% below Gekko Fair Value of $8.62, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what SoundHound AI shares are worth, recalculated every trading day.

$8.62

Gekko Fair Value, Oct 10, 2026

42.3% Undervalued

At the end of Aug 2026 the price was 32.5% below the estimate.

Gekko Fair ValueShare price, month end
$9$5Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open SOUN in Gekko

SoundHound AI insider and Congress trading

No open-market insider purchases were filed for SoundHound AI, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for SOUN in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every SOUN insider filing, plotted on the chart in Gekko.Open SOUN in Gekko

Congress trades last 90 days

No trades in SOUN were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for SOUN, plotted on the chart in Gekko.Open SOUN in Gekko

Buybacks

SoundHound AI has been buying back its own shares.

Bought back, quarter ended Mar 31, 2023
$250K
As a share of market cap
0.01%

From company filings.

SoundHound AI earnings: next date and track record

SoundHound AI reports on Nov 5, 2026, after the close (24 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±10.6%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−19.3%Nov ’24+13.1%Feb ’25−2.1%May ’25+25.5%Aug ’25−10.1%Nov ’25+0.9%Feb ’26−5.2%May ’26+8.8%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
SoundHound AI reported record Q2 2026 revenue of $62 million, up 45% year-over-year and 40% sequentially. Gross margin, adjusted EBITDA, and EPS all improved both year-over-year and sequentially, with adjusted EBITDA improving 33%. Growth was driven by the OASYS agentic AI platform launched in May, with rapid deal cycles including an 8-figure contract signed within 90 days of demo. SoundHound was named a Gartner Magic Quadrant leader for conversational AI platforms.
Guidance
SoundHound expects to close the LivePerson acquisition by year-end, which would expand its footprint to 25 Fortune 100 brands. Management expressed confidence in continued scaling momentum, citing a strong pipeline and record conversion rates from pilots to large implementations.
Risks flagged
Timing uncertainty around the LivePerson acquisition closing (management noted regulatory approvals are in place but timing remains uncertain). Some large deal components may be non-recurring, which could affect predictability. Competitive pressure from newcomers and large LLM/API providers is increasing (though management views them as limited in offering full partnership). General execution risks in accelerating integration and scaling large enterprise deployments. The company pointed investors to SEC filings for standard risk disclosures.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026−$0.10
est −$0.13
+24.2%$61.90M
est $52.38M
+18.2%+8.8%
May 7, 2026−$0.06
est −$0.10
+40.0%$44.20M
est $42.56M
+3.8%−5.2%
Feb 26, 2026$0.10
est −$0.10
+198.7%$55.06M
est $53.98M
+2.0%+0.9%
Nov 6, 2025−$0.27
est −$0.09
−191.9%$42.05M
est $40.49M
+3.9%−10.1%
Aug 7, 2025−$0.19
est −$0.06
−216.7%$42.68M
est $32.88M
+29.8%+25.5%
May 8, 2025$0.31
est −$0.07
+542.9%$29.13M
est $30.38M
−4.1%−2.1%
Feb 27, 2025−$0.69
est −$0.11
−527.3%$34.54M
est $33.70M
+2.5%+13.1%
Nov 12, 2024−$0.06
est −$0.07
+19.2%$25.09M
est $23.02M
+9.0%−19.3%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

SoundHound AI stock forecast and analyst price targets

Analysts’ average 12-month price target for SoundHound AI is $12.57, +152.9% from the last close, from 5 firms rating the stock in the last 90 days.

$12.57consensus 12-month target, +152.9% from the last close
Low $6High $16
Buy4
Hold1
Sell0

Each firm’s latest rating in the last 90 days: 5 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 22Piper SandlerHold, reiterated$6+20.7%
Aug 10Ladenburg Thalmann & Co.Buy, maintained$16+221.9%
Aug 6Northland SecuritiesBuy, maintained$12+141.4%
Aug 6D.A. DavidsonBuy, maintained$10+101.2%
Aug 6Piper SandlerHold, maintained$7+40.8%
+27.7%average 20-day move after past Buying readings
−12.2%average move over the next 20 trading days in the last 4 years
±4.8%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

SoundHound AI seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, SoundHound AI averaged −12.2% across the last 4 years, rising in 1 of them.

Next 20 trading days, by year

−44.6%2022−8.5%2023+43.6%2024−18.5%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+4.0%2 of 4
Next 10 trading days−7.2%2 of 4
Next 15 trading days−6.3%2 of 4
Next 20 trading days−12.2%1 of 4
Next 30 trading days−11.1%2 of 4

For scale, SOUN’s typical 20-trading-day move in either direction is about 17.5%.

SoundHound AI market cap and key statistics

SoundHound AI’s market cap is $2.17B and revenue of $203.2M over the last twelve months.

Valuation

Market cap
$2.17B
Forward P/E
227.3
EPS, TTM
−$0.62
Gekko Fair Value
$8.62

Trading

Volume
20.28M
Avg volume, 20 days
16.61M
52-week high
$22.17
52-week low
$4.96
Shares outstanding
411.6M

Financials

Revenue, TTM
$203.2M
Profit margin
-67.4%
Return on equity
-32.2%
Quarterly earnings growth, YoY
0.0%

Risk and income

Beta
2.86
Typical daily move
±4.8%
Typical 20-day move
±17.5%

SoundHound AI peers

SoundHound AI’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MSFTMicrosoft+0.7%Neutral21.7% above
PLTRPalantir Technologies+0.1%Distribution22.3% above
ORCLOracle−2.9%Neutral24.3% below
PANWPalo Alto Networks−4.2%Neutral21.6% above
CRWDCrowdStrike−4.8%Neutral23.7% above
CRMSalesforce−1.1%Neutral3.6% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

SoundHound AI stock FAQ

What is SoundHound AI’s market cap?

SoundHound AI’s market cap is $2.17B at the Oct 12, 2026 close of $4.97, with 411.6M shares outstanding.

What is the SoundHound AI stock forecast?

The consensus analyst 12-month price target for SoundHound AI is $12.57, +152.9% from the last close. Of the 5 firms that rated the stock in the last 90 days, 4 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is SoundHound AI stock overvalued or undervalued?

On Gekko’s estimate SoundHound AI is undervalued: the Oct 12, 2026 close of $4.97 is 42.3% below Gekko Fair Value of $8.62. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does SoundHound AI report earnings next?

SoundHound AI is expected to report on Nov 5, 2026, after the market closes (24 days away). Analysts expect earnings of −$0.12 per share on revenue of $61.71M. SoundHound AI beat the earnings estimate in 5 of its last 8 reports, moving 10.6% on average across the report.

What is SoundHound AI’s 52-week high and low?

SoundHound AI’s 52-week high is $22.17 and its 52-week low is $4.96; it closed at $4.97 on Oct 12, 2026, −73.3% over the past year. Over the last five years the shares peaked at $24.98 on Dec 26, 2024.

Is SoundHound AI stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and fair value) and 3 as headwinds (trend, earnings risk and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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