SoundHound AI Approves Key Amendments at Annual Meeting

SoundHound AI, Inc Class A ( (SOUN) ) has shared an announcement.

On May 23, 2025, SoundHound AI, Inc. held its Annual Meeting of Stockholders where several key decisions were made. The stockholders re-elected directors, ratified the appointment of PricewaterhouseCoopers LLP as the independent auditor, and approved multiple amendments to the company’s Certificate of Incorporation, including an increase in authorized Class A shares and provisions for officer exculpation. These changes were formalized with the filing of a Certificate of Amendment on May 29, 2025.

The most recent analyst rating on (SOUN) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on SoundHound AI, Inc Class A stock, see the SOUN Stock Forecast page.

Spark’s Take on SOUN Stock

According to Spark, TipRanks’ AI Analyst, SOUN is a Neutral.

SoundHound AI, Inc.’s stock is bolstered by strong revenue growth and strategic initiatives, particularly in the voice AI space. However, profitability challenges, negative valuation metrics, and increased operating expenses weigh on its overall score. Technical indicators suggest some bullish momentum, but caution is warranted due to the stock’s proximity to key moving averages.

To see Spark’s full report on SOUN stock, click here.

More about SoundHound AI, Inc Class A

Average Trading Volume: 29,760,865

Technical Sentiment Signal: Buy

Current Market Cap: $4.23B

Learn more about SOUN stock on TipRanks’ Stock Analysis page.