Sound hound stock forecast gained attention after the AI Index

Sound Hound stock forecast gained attention after the AI Index 2024 spotlighted their NLP models for commercial applications. This could translate into premium pricing leverage, boosting forward cash flow estimates. Read the full narrative on SoundHound AI (it's free!) Given this contradiction, savvy investors may be wondering if it makes sense to buy this AI stock . After all, SoundHound AI seems well on its way to making the most of the fast-growing demand for voice AI solutions through a combination of solid product development moves and acquisitions to widen its moat. Sound Hound stock forecast data from Nasdaq shows short interest declining 4% in May, indicating reduced bearish bets. This aligns with market trends where AI-focused equities sustain higher price-to-sales ratios despite macro uncertainty.