SoundHound AI's 2026 Growth Momentum Builds as Enterprise Demand Broadens, Wedbush Says

MT Newswires Live02-28 01:13

SoundHound AI (SOUN) is heading into 2026 with strengthening demand for its voice-AI platform and a growing pipeline of customer wins that support its revenue outlook, Wedbush said Friday in a report.

Disruption in traditional software and services is creating an additional tailwind as SoundHound expands in health care, retail, financial services and other data-sensitive industries, the report said.

SoundHound's channel-partner execution and international traction, including a multiyear global deal with a major athletic-apparel company, are helping drive broader adoption, Wedbush said.

The company on Thursday reported Q4 revenue of $55.1 million, up 59% from a year earlier and above Wall Street's $54 million estimate, supported by more than 100 customer deals signed in the quarter and rising query volumes in the billions per month, Wedbush said.

SoundHound expects $225 million to $260 million in revenue this year, partly reflecting continued international expansion, the report said.

Wedbush maintained its outperform rating on SoundHound stocks and lowered its price target to $12 from $16, citing a lower multiple.

Price: 8.68, Change: -0.30, Percent Change: -3.34

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