SoundHound AI Stock Rebounds On Price-Target Hike

Blockhead11-15

SoundHound AI (SOUN) stock continued its roller-coaster ride on Thursday. SOUN stock bounded higher after getting a price-target hike from a Wall Street analyst. H.C. Wainwright analyst Scott Buck on ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2483335775?lang=en_US&edition=fundamental","thumbnail":"https://www.investors.com/wp-content/uploads/2024/11/Stock-SoundHound-restaurantshow-03-company-150x150.jpg","is_english":true,"pubTime":"2024-11-15 01:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2483335775","market":"hk","top_or_hot":-1,"title":"SoundHound AI Stock Rebounds On Price-Target Hike","media":"Blockhead","content":"<div>\n<p>SoundHound AI (SOUN) stock continued its roller-coaster ride on Thursday. SOUN stock bounded higher after getting a price-target hike from a Wall Street analyst.\nH.C. Wainwright analyst Scott Buck on ...</p>\n\n<a href=\"https://www.investors.com/news/technology/soun-stock-soundhound-ai-stock-rebounds/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SoundHound AI Stock Rebounds On Price-Target Hike</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoundHound AI Stock Rebounds On Price-Target Hike\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-15 01:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/technology/soun-stock-soundhound-ai-stock-rebounds/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SoundHound AI (SOUN) stock continued its roller-coaster ride on Thursday. SOUN stock bounded higher after getting a price-target hike from a Wall Street analyst.\nH.C. Wainwright analyst Scott Buck on ...</p>\n\n<a href=\"https://www.investors.com/news/technology/soun-stock-soundhound-ai-stock-rebounds/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1839511570.USD","symbol_name":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","start_time":0,"source_url":"https://www.investors.com/news/technology/soun-stock-soundhound-ai-stock-rebounds/","article_id":"2483335775","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2024/11/Stock-SoundHound-restaurantshow-03-company-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483335775","pubTimestamp":1731606947,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"SoundHound AI stock continued its roller-coaster ride on Thursday. SOUN stock bounded higher after getting a price-target hike from a Wall Street analyst.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU2242650005.HKD":"FIDELITY FUNDS GLOBAL MULTI ASSET DYNAMIC \"A\" (HKD) ACC","LU0079474960.USD":"联博美国增长基金A","LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU0080751232.USD":"富达环球多元动力基金A","BK4543":"AI","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","NVDS":"Tradr 1.5X Short NVDA Daily ETF","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","SOUN":"SoundHound AI Inc","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","NVDU":"Direxion Daily NVDA Bull 2X Shares","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","NVDY":"YIELDMAX NVDA OPTION INCOME STRATEGY ETF","NVDA":"英伟达","SNVD.UK":"LS -1X NVIDIA","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU1923622614.USD":"Natixis Thematics Meta R/A USD","NVDD":"Direxion Daily NVDA Bear 1X Shares","LU0788109477.HKD":"BGF GLOBAL ALLOCATION \"A2\" (HKDHGD) ACC","BK4548":"巴美列捷福持仓","NVDS.UK":"LS -1X NVIDIA","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","SG9999015341.SGD":"United Income Focus Trust Acc SGD-H","3NVD.UK":"LS 3X NVIDIA","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","NVD2.UK":"2X NVIDIA ETP","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","2NVD.UK":"2X NVIDIA ETP","LU0476273544.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","NVD3.UK":"LS 3X NVIDIA","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","NVD":"GraniteShares 2x Short NVDA Daily ETF","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC"},"translate_title":"SoundHound AI股价因目标价上调而反弹","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SOUN":1,"NVDA":1,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDD":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDU":0.6,"NVDX":0.6,"NVDY":0.6,"SNVD.UK":0.6,"3NVD.UK":0.6,"2NVD.UK":0.6},"content_text":"SoundHound AI (SOUN) stock continued its roller-coaster ride on Thursday. SOUN stock bounded higher after getting a price-target hike from a Wall Street analyst.\nH.C. Wainwright analyst Scott Buck on Thursday reiterated his buy rating on SOUN stock and raised his price target to 8 from 7.\n\n\n\n↑\nX\n\n\n\n\nThis Stock Could Be The Next Chipotle. But Can It Maintain Stellar Earnings Growth?\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nThis Stock Could Be The Next Chipotle. But Can It Maintain Stellar Earnings Growth?\n\n\n\n\nIn afternoon trades on the stock market today, SoundHound stock jumped more than 7% to 6.75.\nOn Wednesday, SOUN stock tumbled 17.1% to 6.27 following the company's third-quarter report.\nIn a client note, Buck said he was surprised to see SoundHound shares decline so much after the Q3 report. After all, the maker of conversational AI voice technology beat estimates for revenue and forecast positive adjusted earnings by the end of 2025.\n\"Given the stronger-than-expected operating results and favorable outlook, we were somewhat surprised to see SOUN shares decline 17.1% vs. a 0.9% decline in the Russell 2000 in Wednesday trading,\" Buck said.\nHe added, \"We expect the company to continue to execute against its strategy in coming quarters, growing revenue, expanding gross margin, and pushing towards positive adjusted EBITDA (earnings before interest, taxes, depreciation and amortization), which, in our view, should push shares higher.\"\nSOUN Stock Riding AI Investment Wave\nSoundHound stock also should continue to attract investor attention because of its exposure to the artificial intelligence megatrend, Buck said.\nThe company counts AI chipmaker Nvidia (NVDA) as an investor.\nSoundHound's technology is used by companies to interact with customers in call centers and restaurant drive-thrus. Its voice-response technology also can be found in cars and televisions.\nOn Nov. 7, SOUN stock broke out of a cup-with-handle base at a buy point of 6.25, according to IBD MarketSurge charts.\n\nFollow Patrick Seitz on X, formerly Twitter, at @IBD_PSeitz for more stories on consumer technology, software and semiconductor stocks.\nYOU MAY ALSO LIKE:\nNvidia Stock In Focus As Analysts Boost Price Targets For AI Chip Giant\nSpotify Stock Soars As Analysts Crank Up Volume Of Bullish Ratings\nSee Stocks On The List Of Leaders Near A Buy Point\nFind Winning Stocks With MarketSurge Pattern Recognition & Custom Screens\nJoin IBD Live For Stock Ideas Each Morning Before The Open","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483335775"}