Is SoundHound AI Stock a Buy Now?

SoundHound AI (NASDAQ: SOUN) is successfully tapping into the growing artificial intelligence (AI) market with its conversational AI platform. The company's tech allows companies to offer services that range from voice-enabled ordering at to in-vehicle voice commands for Stellantis' car brands.

SoundHound now has more than 200 companies using its tech, and investors have taken notice of its growth, driving the company's share price up more than 500% over the past year (as of this writing).

The stock's rapid rise may leave some investors wondering if SoundHound AI's stock is worth buying right now. Let's take a closer look to find out.

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Source Fool.com