Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is SoundHound AI Stock Going to $15?

TheMotleyFool

0 0

Is SoundHound AI Stock Going to $15?Photo, wide shot, wide-angle lens, Software company, sunset photo at golden hour, photo by Marc Adamus: https://img.theapi.app/temp/9d624ad0-0157-4808-b12c-caf136345180.png

SoundHound AI (NASDAQ: SOUN) stock has taken a beating in recent months; it's down by 62% from the 52-week high it touched in mid-October. Still, it won't be surprising to see the company's fortunes turn around soon.

The artificial intelligence (AI) voice specialist released its fourth-quarter results on Feb. 26, and the numbers and guidance were solid. However, broad market volatility stemming from the conflict in the Middle East weighed on the stock. Could SoundHound stock overcome that headwind and go on a bull run thanks to its strong results and better-than-expected guidance?

Image source: Getty Images.

Source Fool.com

Like: 0

SOUN

Share