According to Yahoo Finance, SOUN (SoundHound AI Inc.) closed at $3.25, up 2.8% on notable volume, suggesting bullish sentiment among retail traders. With AI stocks continuing to outperform the broader Nasdaq index, short-term charts show potential resistance at $3.50 and support at $3. Even at that lofty target, the revenue per share – assuming December 2023’s shares outstanding (on a diluted average basis) count of 229.265 million – would come out to 0.46x. Dividing this ratio by the current share price of $4.62 spits out a revenue multiple of roughly 10x. Launched in May 2025, the Amelia 7 platform was one of the first conversational AI platforms to offer agentic capabilities to enterprise businesses. Its AI agents are capable of listening, reasoning, acting, and completing even complex multi-step tasks by orchestrating in fleets to achieve a particular goal. Yahoo Finance data shows that SOUN’s market cap has now surpassed $750 million, driven by AI sector hype and expanding revenue forecasts. Analysts tracking the AI software industry suggest this could attract speculative flows from tech-focused ETFs in Q3
