We warn of overvaluation and declining stock in SoundHound due to AI hype and recent acquisition and advise to lock in gains.

“With SoundHound’s recent acquisition of Amelia, the company now ranks among the largest publicly traded conversational AI companies. By integrating SoundHound’s advanced voice AI ...

SoundHound AI ( SOUN -0.23%), which is a leader in conversational AI. SoundHound AI stock was the top performer on that list in 2024, with a massive gain of 835%. But it's off to a very rocky start in ...

It acquired Amelia, an enterprise conversational AI leader, which helped broaden its customer base. In the third quarter, ...

In automotive, SoundHound's voice AI is now embedded in many leading ... In addition to those two big verticals, this past summer's acquisition of Amelia, another voice-based start-up for ...

AI hype and inorganic growth may need to ... from non-recurring and low margin services. Excluding the Amelia acquisition, SoundHound's subscription and bookings backlog roughly doubled YoY ...

SoundHound operates a voice AI platform called Houndify that helps voice assistants ... early inroads in the automobile and ...

SANTA CLARA, Calif., August 08, 2024--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced the acquisition of Amelia, a leading enterprise AI ...

SoundHound AI (NASDAQ: SOUN) has simply taken off ... third quarter as it is adjusting the metric to reflect the acquisition of Amelia, but it did point out on theearnings callthat the number ...

SoundHound is quickly expanding into other industries, including financial services, healthcare, and insurance, thanks to its recent acquisition of Amelia. It's another AI specialist that allows ...

"With SoundHound’s recent acquisition of Amelia, the company now ranks among the largest publicly traded conversational AI companies. By integrating SoundHound’s advanced voice AI capabilities with ...