SoundHound AI Inc. (NASDAQ: SOUN) provides voice artificial intelligence. This is one of the fastest-growing sectors on the AI frontier, so to predict stock prices for a decade ahead feels a bit too presumptuous as a rule. With that assurance, based on today’s trending numbers and the potential forward trends, here is one perspective on SOUN stock prices.
Below is a detailed article with regards to tabled SOUN stock price predictions between 2024 and 2050. By the way, it is important to understand that the following predictions are speculative opinions and not advice. Stock prices are based on many things and can be highly volatile.
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SOUN Stock Price Prediction: Historical Performance
Evolving from transformational roots, SoundHound AI has integrated and catalyzed booming growth over this life, driven by innovative Voice AI technology and collaborations with top companies in different industries. The stock has been volatile, with swings related to market movements and investor sentiment toward technology names.
Market Trends and Influencers
Here are the influencers that can impact the share price of SoundHound AI:
1. Technology Innovations: Constant developments within AI and voice recognition technology.
2. Market Demand: Widespread adoption of voice-activated devices and applications.
3. Economic Conditions: Higher adoption in consumer and business spending on new technologies.
4. Regulatory Environment: Policies affecting AI and data privacy.
5. Competitive Landscape: Competition in general from other AI and tech companies.
SOUN Stock Price Prediction: 2024-2050
The following tables carry through a detailed price prediction of the SoundHound AI stock from 2024 through 2050. All of these predictions are based on a combination of historical price data, market analysis, and expert-based forecasting.
| SOUN Stock Price Target Year | Target in USD |
| SOUN Stock Price Target 2024 | 5.50 |
| SOUN Stock Price Target 2025 | 10.50 |
| SOUN Stock Price Target 2026 | 15.50 |
| SOUN Stock Price Target 2027 | 19.80 |
| SOUN Stock Price Target 2028 | 25.20 |
| SOUN Stock Price Target 2029 | 30.00 |
| SOUN Stock Price Target 2030 | 35.20 |
| SOUN Stock Price Target 2035 | 50.00 |
| SOUN Stock Price Target 2040 | 120.00 |
| SOUN Stock Price Target 2050 | 180.00 |
SOUN Stock Price Prediction: 2024
In 2024, the SOUN Stock Price target can reach up to $3-6.50. However, there can be inflammation in the market due to several factors affecting the market price.
| Month | Predicted Price USD |
| January | 3.85 |
| February | 4.10 |
| March | 4.35 |
| April | 4.50 |
| May | 4.75 |
| June | 5.00 |
| July | 5.25 |
| August | 5.50 |
| September | 5.75 |
| October | 6.00 |
| November | 6.25 |
| December | 6.50 |
SOUN Stock Price Prediction: 2025
By 2025, that number may be on the rise a lot more, closer to its high if SoundHound AI widens its market-share base and/or strengthens voice-AI technology.
| Month | Predicted Price USD |
| January | 6.75 |
| February | 7.00 |
| March | 7.25 |
| April | 7.50 |
| May | 7.75 |
| June | 8.00 |
| July | 8.25 |
| August | 8.50 |
| September | 8.75 |
| October | 9.00 |
| November | 9.25 |
| December | 9.50 |
SOUN Stock Price Prediction: 2026
In 2026, the SOUN Stock Price target can reach up to $10-13.
| Month | Predicted Price USD |
| January | 9.75 |
| February | 10.00 |
| March | 10.25 |
| April | 10.50 |
| May | 10.75 |
| June | 11.00 |
| July | 11.25 |
| August | 11.50 |
| September | 11.75 |
| October | 12.00 |
| November | 12.25 |
| December | 12.50 |
SOUN Stock Price Prediction: 2030
By 2030, assuming increased acceptance of voice AI in regular tech, SOUN can probably do good:
| Year | Minimum Price | Average price | Maximum price |
| 2030 | $15 | $22 | $30 |
SOUN Stock Price Prediction: 2035
Making projections this far in advance requires a substantial amount of guesswork. If SOUN can retain its competitive advantage:
| Year | Minimum Price | Average price | Maximum price |
| 2030 | $25 | $37.0 | $50 |
SOUN Stock Price Prediction: 2040
Assuming tech still gets better and the market still expands:
| Year | Minimum Price | Average price | Maximum price |
| 2040 | $40 | $60 | $80 |
SOUN Stock Price Prediction: 2050
Predictions for 2050 are in a realm where it is entirely speculative and extremely dependent on so many unpredictable factors:
| Year | Minimum Price | Average price | Maximum price |
| 2050 | $60 | $90 | $120 |
SOUN Stock Price Prediction: Factors affecting long term stock price
1. AI Market Growth: Artificial intelligence is a pro-market that is growing in the coming decades, and SoundHound AI is in a perfect position to gain maximum from it.
2. Voice AI Market: Developments in the field of voice AI are most likely to impact SoundHound positively in terms of markets and stocks.
3. Competition: The level of competition in the voice AI industry will most likely impact SoundHound’s overall market share and prices of stocks considerably.
4. Economic Conditions: World economic conditions regarding inflation and interest rates will have their bearing on the stock market also, including SOUN.
5. Regulatory Environment: Changes in the regulations of AI can have an overall influence on the operation of SoundHound and its stock prices.
6. Company Performance: Financial results, innovation in products and creation, and development of strategic partnerships will be the driver of the stock prices of Soundhound.
7. Market Adoption: The entire rate of adoption of voice AI technologies across market verticals will affect the demand for relevant products or services of Soundhound
SOUN Stock Price Prediction: Fundamental Analysis
This kind of analysis evaluates the intrinsic value of a company based on related economic, financial, and other qualitative and quantitative factors. For SoundHound AI, this means observing its financial statements, growth prospects, competitive position, and the industry and economic atmosphere.
Fundamental Prediction
- Income Growth: SoundHound AI has demonstrated robust growth in revenues, driven by the fast-growing, huge demand for AI technologies.
- Margins: The company’s determination to improve margins through effective partnerships and operational efficiencies.
- Earnings per Share: SoundHound AI is likely to mature EPS in scaling operations and increasing its market reach.
| Year | Revenue (in billions USD) | Net Income (in billions of USD) | EPS (USD) |
| 2021 | 20 | -30 | -0.50 |
| 2022 | 35 | -25 | -0.40 |
| 2023 | 50 | -15 | -0.25 |
Valuation Metrics
- P/E Ratio: The ratio indicates whether the stock is overvalued or undervalued. While the P/E in SoundHound AI remains in lithely negative territory due to its negative earnings, the expectation is that with rising profits in the future, this should increasingly move toward showing a healthy rating.
- P/B Ratio: An understanding of how the market values a company’s net assets.
- Dividend Yield: Currently, SoundHound AI doesn’t pay a dividend but rather reinvests all of its earnings back into the business.
| Metric | Value |
| P/E Ratio | N/A |
| Dividend Yield | 0% |
| P/B Ratio | 5.2 |
Growth Prospects
- Innovation and R&D: SoundHound AI must be invested in research and development to retain competitiveness. AI and machine-learning investments must be made.
- Market Expansion: SoundHound AI garners increasing traction and presence in international markets. Expanding areas like automotive, smart home, and customer service have translated to high growth.
SoundHound AI is a company that still holds much promise, as proven by its sound growth prospects perpetuated by its consistent innovations and efforts in opening up new markets. It is, however, in rocky waters about fierce competition and pressure from regulators.
SOUN Stock Price Prediction: Technical Analysis
Technical analysis, put simply, is the study of statistical trends obtained from trading emphasis, namely movement of price and volume, which is applied to predict future movement. For SoundHound AI, this analysis comprises the main points to look for within price and volume chart patterns.
Price Chart Analysis
- Trend Analysis: Checking out the historical price movement of SoundHound AI stock helps one find a trend or certain patterns. The stock has been very volatile. Going long or short needs to be under ideal market conditions and news.
- Support and Resistance Levels: Find out at what levels there is buying or selling pressure or at what levels there is support and resistance have been found.
Volume Analysis
Checking on trading volume helps verify trends of price. Volume escalating in an uptrend simply suggests that buying interest is strong, whereas volume reducing in a downtrend indicates a decrease in selling pressure.
The current technicals represent the stock of SoundHound AI, which is possibly in a consolidation phase with more chances of further upward and downward movements. Key supports or resistances and moving averages, together with the momentum indicators, further explain signs related to possibilities for price fluctuations.
Conclusion
Even though all these predictions imply that SOUN shares will eventually be going up, it has to be kept in mind that this is a speculative view. The technology and AI segments are highly volatile and going through rapid changes. However, for the same reason, the investors shall conduct research, define their risk tolerance, and consult financial advisors before investing.
Disclaimer
It makes sense for investors to base decisions regarding SoundHound AI’s stock on fundamental and technical analysis. Fundamentals will give a long-term perspective, whereas technical analysis will provide the happening in a short period. Harmonizing these approaches will help optimize investment strategies.
