I've been standoffish on SoundHound AI (NASDAQ: SOUN) for almost a year now. I love what the company is doing and see tremendous long-term value in the stock, but the share price has been way too rich since a meme stock surge in December 2024.

The worst of last year's overheating has subsided, and SoundHound AI keeps making strides in its business results. Is the stock a good investment at this point?

Let's take a look.

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Source Fool.com