SoundHound AI, based in Santa Clara, California, specializes in voice and natural language AI technologies, employing 260 people since its IPO on March 11, 2021. Its applications enhance interactions across automotive, TV, IoT, and customer service sectors.
SOUN has been in the news recently: Piper Sandler has rated SoundHound AI as overweight with a target price of $12, indicating a potential upside of over 25% from its current price of $9.58. Recently, shares of SoundHound AI Inc rose 15% to $11.02, recovering from a sell-off, amid a general increase in U.S. stocks.
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