The stock price SoundHound continues to hover above its 50-day moving average of $5.95, suggesting bullish technical support despite short-term fluctuations. Traders are watching for volume spikes as confirmation of institutional buying into the voice AI growth narrative. So I'm holding on to my existing SoundHound AI shares for the long haul, but I'm not tempted to buy any more at these lofty prices. Check again when this meme-stock rally fades out. It's too early to ask for stronger sales or positive profit margins. Now, it’s worth noting Stock Advisor’s total average return is 1,063 % — a market-crushing outperformance compared to 191% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor . Analysts note that SoundHound’s price-to-sales ratio remains elevated compared to AI software peers, indicating investors are willing to pay a premium for long-term voice AI market dominance.
