This speculative audio AI stock could struggle to justify its sky-high valuations.
SoundHound AI (SOUN 0.92%) has taken its investors on a wild ride over the past three years. The specialist in audio and speech recognition software went public by merging with a special purpose acquisition company on April 28, 2022. The shares opened at $8.72 and skyrocketed to an all-time high of $24.23 on Dec. 26, 2024.
But today, they trade at about $8.11. Let’s see why the…
Article Source
https://www.fool.com/investing/2025/04/02/where-will-soundhound-ai-be-in-3-years/
