Stock price soundhound with earnings season approaching

With earnings season approaching, SoundHound’s stock price could benefit from sector-wide analyst upgrades. Traders will monitor volume patterns to spot continuation signals in the existing uptrend. SoundHound AI reported revenues of $42.68 million in the last reported quarter, representing a year-over-year change of +217.1%. EPS of -$0.03 for the same period compares with -$0.11 a year ago. “It’s been one of the good things in my life to cross paths with Jensen and Nvidia,” Mohajer told Fortune , recalling that the two became acquainted because Huang “had a passion for what’s the next big thing, and he became very interested in our field.” SoundHound AI shares opened at $6.20 before pulling back to $6.07, reflecting profit-taking after a three-day rally. Analysts at BTIG reiterate a “Buy” rating, citing expanding demand for embedded voice solutions in connected cars and IoT devices.