Growth

November through December 8th, Sound hound AI went up approximately 192.02%. On December 6th Soundhound AI stock went up 12.60% bringing the stock price to $15.01. The most likely reason for Soundhound AI’s stock going up is because of the recent Nvidia partnership. NVDIA bought $3.7 million or 0.6% of Soundhound. The Revenue for the last quarter was $25,094 million dollars. The profit for the last quarter was $12,193 million dollars.

What is Soundhound AI

Soundhound AI is a company that does Ai voice recognition that can simultaneously Change someone’s voice. This can be used for multiple occasions such as helping someone communicate at a restaurant and can also help customers talk to professionals in the Healthcare industry. Many companies that are using Soundhound AI such as Samsung, HYUNDAI, Chipotle, NVIDIA, Five guys and many more.

Debt and Predictions

Soundhound AI paid it’s $100 million dollar debt in June 2024 . However, debt remains approximately $136 million dollars. Thus revenue is expected to go up 177.67% by march 2025. According to stockanalysis.com the revenue for Soundhound (next year) will be Increased by 97.20%/$168.70M. Soundhound AI’s EPS is predicted to go from $-0.39 to $-0.26.

Torchy Taco Partnership

Soundhound AI (SOUN) has made Torchy Taco a partner by creating an ordering voice AI in all stores. This system covers all calls, orders, and questions asked online. This can be used with 25 different languages. Torchy Taco using AI helps SoundHound AI learn to support other future restaurants and marketplaces.

Automobiles

SoundHound has made the automobile industry better by adding AI capability to know navigation and weather in the car. Automakers create customizations that connect their loyal customers and showcase who they are as a brand. Thus, this new customization can make the driving experience much more enjoyable and user friendly. This helps drivers explore and understand their vehicle’s features easily.

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