Overview
- Shares rose about 10% to roughly $17.9 on Oct. 2, with Benzinga reporting heavy volume of around 56 million shares traded.
- IDC MarketScape’s 2025 assessment cited accurate intent recognition, handling of complex multi-intent requests, low-latency speech recognition, and strong voice-channel capabilities.
- Amelia 7, launched in May, features agentic AI and the Agentic+ framework to execute multi-step tasks across voice, chat, and text, with both managed and installable deployment options for enterprises.
- SoundHound has raised its 2025 revenue outlook to $160 million–$178 million as it expands its enterprise customer base.
- Analysts’ consensus price target near $12.63 and commentary on a small revenue base and ongoing losses underscore downside risk despite the rally.