sadesh86
03-28

$SoundHound AI Inc(SOUN)$  

I was curious past 3 months why this stock was highly volatile. Then found following key points . If these points was achievable by soundhound it is destined for 20$ for sure.

1. Key Patents:SoundHound AI, Incs innovative approach in voice recognition and conversational intelligence is likely protected by a portfolio of patents close to 110+, crucial for maintaining a competitive edge in the AI industry.

2. Sales:In 2023, SoundHound AI's revenue was $45.87 million, showing a significant increase of 47.36% compared to the previous year. This growth indicates robust sales performance and increasing market adoption of their AI voice solutions .

3. Future Growth:SoundHound AI is projected to continue its growth trajectory, with revenue forecasts for 2024 at $70.88 million and for 2025 at $104.82 million. This suggests a strong belief in the company's expansion and scaling of its AI products and services.

4. Latest News on SoundHound : Recently, SoundHound AI announced its voice assistant with integrated ChatGPT, launching in Stellantis DS Automobiles. Additionally, they've been working with NVIDIA to offer on-chip voice AI that delivers in-vehicle generative AI responses without needing connectivity. 

#soundhound #progress #bullisforlongterm

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  • Tanjiro
    ·03-28
    TOP
    one question, why the Insiders were selling instead of buying?
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    • Jack Ong: 
      insiders sell high and buy low to profit from the variance. make sense?
      03-28
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    • sadesh86: 
      usually insider sell for one of the reasons
      profit taking
      diversification
      pre planned to sell

      this case after making profit buy again at low

      for sound

      03-28
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    • sadesh86: 
      mostly for profit taking. they buy again at low
      03-28
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  • Jack Ong
    ·03-28
    TOP
    target 6.80 tonight.
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    • sadesh86: 
      not sure today it can go 6.80 as it is close to 18% up
      03-28
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    • sadesh86: 
      I don't think 6.8 possible tonight
      03-28
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  • familoveyou
    ·03-28
    The key patents, sales growth, and future projections are all very impressive.
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  • Chungllq
    ·03-28
    Wah, this content on $SoundHound AI Inc(SOUN)$ is really impressive sia!
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