Currently, there are 368.87M common shares owned by the public and among those 359.76M shares have been available to trade.
The company’s stock has a 5-day price change of 8.28% and 24.94% over the past three months. SOUN shares are trading -43.95% year to date (YTD), with the 12-month market performance up to 119.33% higher. It has a 12-month low price of $3.82 and touched a high of $24.98 over the same period. SOUN has an average intraday trading volume of 30.57 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 11.36%, 20.45%, and 16.94% respectively.
Institutional ownership of SoundHound AI Inc (NASDAQ: SOUN) shares accounts for 41.01% of the company’s 368.87M shares outstanding.
It has a market capitalization of $4.47B and a beta (3y monthly) value of 2.91. The earnings-per-share (ttm) stands at -$0.55. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.56% over the week and 7.02% over the month.
Earnings per share for the fiscal year are expected to increase by 105.36%, and -479.92% over the next financial year.
Looking at the support for the SOUN, a number of firms have released research notes about the stock. Piper Sandler stated their Overweight rating for the stock in a research note on May 27, 2025, with the firm’s price target at $12. Ladenburg Thalmann coverage for the SoundHound AI Inc (SOUN) stock in a research note released on November 13, 2024 offered a Neutral rating with a price target of $7. Cantor Fitzgerald was of a view on August 09, 2024 that the stock is Overweight, while Cantor Fitzgerald gave the stock Neutral rating on April 11, 2024, issuing a price target of $4.90. Cantor Fitzgerald on their part issued Underweight rating on March 20, 2024.
