SoundHound AI (SOUN) has been one of the most closely watched AI stocks among retail investors. However, the stock remains volatile in 2026 due to concerns around profitability and valuation. Despite this, analysts remain strongly bullish, with the average price target implying nearly 95% upside. Here’s what financial analysts currently expect from SOUN stock.
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For context, SoundHound AI focuses on voice recognition and natural language processing, providing AI-powered solutions for multiple industries.
Latest Analysts’ Views on SOUN Stock
Among Wall Street analysts, H.C. Wainwright’s four-star-rated analyst Scott Buck is the most bullish on SOUN stock, with a $20 price target implying more than 200% upside. He expects the company to reach adjusted EBITDA break-even by the end of 2026, while continuing to invest heavily in growth. However, he also noted that this strategy may pressure short-term profits.
Following him, Ladenburg Thalmann’s Michael Legg has a $16 price target, implying about 144% upside and a Buy rating. Previously, Legg stated that SoundHound could generate more than $270 million in revenue by 2027 and reach double-digit adjusted EBITDA margins. He also pointed to improving revenue visibility, stronger deal activity, and rising demand for AI-driven solutions as key positives going forward.
Meanwhile, Northland’s Michael Latimore has a price target of $12 on SOUN. He said SoundHound’s Q1 revenue slightly beat expectations due to strong demand for its AI platform, but rising investment spending is weighing on profitability and reducing EBITDA expectations.
DA Davidson’s Gil Luria also rates the stock a Buy with a $12 target. He highlighted strong early-year revenue trends driven by broad demand, but warned that near-term profitability pressure and execution risks could weigh on the stock despite a positive long-term outlook.
Who Are the Best Analysts Covering SOUN Stock?
Interestingly, Latimore is currently the most accurate analyst covering SOUN across the 3-month, 1-year, and 2-year timeframes. He has a 58% success rate and an average return of 45.43% for a 3-month period. On TipRanks, he ranks #1,796 among more than 12,000 tracked analysts.
Meanwhile, Latimore is also among the most profitable analysts on SOUN stock.
Is SOUN a Good Stock to Buy?
According to TipRanks, SOUN stock has received a Strong Buy consensus rating, with four Buys assigned in the last three months. The average SoundHound stock price target is $12.75, suggesting a potential upside of 95% from the current level.
