Sound Hound stock forecast is showing volatility this week, with trading volume up 18% from last Friday. Analysts cite strong AI voice recognition demand as a catalyst, keeping short-term price targets in the $6.20–$6.80 range amid broader tech sector momentum. SoundHound AI's narrative projects $308.5 million revenue and $40.4 million earnings by 2028. This requires 32.9% yearly revenue growth and a $265.8 million increase in earnings from the current level of -$225.4 million. SoundHound AI's Red Lobster deal and Interactions acquisition barely moved the stock, while social media chatter sent shares soaring. 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.
