SoundHound AI (NASDAQ:SOUN) Sets New 1-Year Low – Here’s What Happened

SoundHound AI, Inc. (NASDAQ:SOUN) shares reached a new 52-week low on Friday . The company traded as low as $6.48 and last traded at $6.5250, with a volume of 23282233 shares traded. The stock had previously closed at $6.88.

SoundHound AI News Roundup

Here are the key news stories impacting SoundHound AI this week:

• Positive Sentiment: An analyst told media the shares could potentially double despite the CFO news, offering a bullish counterpoint that could attract speculative buying if confidence in execution returns. Analyst says SoundHound stock can double as CFO announces departure
• Positive Sentiment: SoundHound announced a commercial win with Peet’s Coffee to deploy its Employee Assist voice agent across the U.S. store footprint — a tangible enterprise customer and validation of recurring revenue opportunities. Peet’s Coffee Partners with SoundHound AI
• Positive Sentiment: Investor commentary outlets continued to list SOUN among under-the-radar AI names with multibagger potential, which can support longer-term interest from growth-focused investors. Prediction: These 3 Under-the-Radar Artificial Intelligence (AI) Stocks Could Be Multibaggers by End of 2026
• Neutral Sentiment: The company announced an interim finance leadership plan: co‑founder and former CFO James Hom will step in as interim CFO, which reduces near-term uncertainty but leaves longer-term succession questions open. SoundHound AI Announces CFO Transition
• Neutral Sentiment: Nitesh Sharan’s move to Quantinuum is confirmed — a routine executive move that explains the departure but doesn’t directly alter SoundHound’s product roadmap. Nitesh Sharan Joins Quantinuum as Chief Financial Officer
• Negative Sentiment: Shares sold off intraday amid the CFO transition and broader Voice-AI competition narrative (including Nvidia moves), with coverage noting a roughly 6% drop and break below a key $7 level — technical weakness that can trigger further selling. SoundHound AI Sinks 6%: What NVIDIA’s Voice AI Bet Says About The Broader Market
• Negative Sentiment: Multiple outlets attribute today’s selling pressure directly to the CFO departure, reflecting investor sensitivity to leadership turnover at a growth-stage AI company that is still not profitable. Why Is SoundHound AI Stock Tumbling Today?

Analysts Set New Price Targets

SOUN has been the subject of a number of analyst reports. LADENBURG THALM/SH SH upgraded SoundHound AI to a “strong-buy” rating in a research note on Thursday, December 18th. Zacks Research raised SoundHound AI from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. DA Davidson set a $14.00 target price on SoundHound AI in a report on Thursday, January 8th. Cantor Fitzgerald raised SoundHound AI from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $13.00 to $15.00 in a research report on Friday, December 12th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of SoundHound AI in a report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, SoundHound AI has an average rating of “Moderate Buy” and a consensus target price of $14.93.

SoundHound AI Price Performance

The company has a market capitalization of $2.74 billion, a P/E ratio of -130.57 and a beta of 2.65. The firm has a fifty day moving average price of $8.78 and a 200-day moving average price of $12.36.

SoundHound AI (NASDAQ:SOUN) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.02) EPS for the quarter, hitting analysts’ consensus estimates of ($0.02). SoundHound AI had a negative return on equity of 3.63% and a negative net margin of 8.71%.The business had revenue of $55.06 million for the quarter, compared to analyst estimates of $53.88 million. During the same period last year, the company posted ($0.05) earnings per share. SoundHound AI’s quarterly revenue was up 59.4% compared to the same quarter last year. On average, research analysts forecast that SoundHound AI, Inc. will post -0.38 EPS for the current year.

Insider Activity at SoundHound AI

In related news, CTO Timothy Stonehocker sold 29,676 shares of the stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $12.00, for a total transaction of $356,112.00. Following the completion of the transaction, the chief technology officer owned 544,179 shares in the company, valued at approximately $6,530,148. This represents a 5.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Keyvan Mohajer sold 144,326 shares of the firm’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $11.28, for a total transaction of $1,627,997.28. Following the sale, the chief executive officer owned 2,198,287 shares of the company’s stock, valued at $24,796,677.36. This trade represents a 6.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 460,922 shares of company stock worth $5,199,073. 9.17% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Hsbc Holdings PLC bought a new stake in shares of SoundHound AI in the 4th quarter worth approximately $110,000. Rockefeller Capital Management L.P. grew its holdings in SoundHound AI by 3.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 179,327 shares of the company’s stock valued at $1,788,000 after purchasing an additional 6,096 shares during the period. SHP Wealth Management bought a new position in SoundHound AI during the fourth quarter valued at $27,000. Virtu Financial LLC increased its position in SoundHound AI by 43.9% in the fourth quarter. Virtu Financial LLC now owns 219,773 shares of the company’s stock worth $2,191,000 after buying an additional 67,088 shares during the last quarter. Finally, Alpine Woods Capital Investors LLC increased its position in SoundHound AI by 143.0% in the fourth quarter. Alpine Woods Capital Investors LLC now owns 50,742 shares of the company’s stock worth $506,000 after buying an additional 29,857 shares during the last quarter. 19.28% of the stock is owned by institutional investors.

About SoundHound AI

SoundHound AI, Inc is a voice AI and conversational intelligence company specializing in speech recognition, natural language understanding and sound identification technologies. Founded in 2005 and headquartered in Santa Clara, California, the company initially gained recognition with its music discovery app before pivoting to enterprise-grade voice AI solutions. Over the years, SoundHound AI has built a comprehensive platform that enables developers and businesses to embed conversational intelligence into a wide range of products and services.

The company’s core offering is the Houndify voice AI platform, which provides customizable speech-to-meaning technology, domain-specific natural language understanding and text-to-speech capabilities.