SoundHound AI stock forecast: voice AI growth, ongoing losses

SoundHound AI traded near $6.49 on 23 July 2026, below its December 2024 high, as investors assessed revenue growth, ongoing losses and upcoming earnings. Explore third-party SOUN price targets and technical analysis. Past performance is not a reliable indicator of future results.

By Dan Mitchellan hour ago Updated

SoundHound AI stock forecast — Photo: Shutterstock.com

SoundHound AI, Inc. (SOUN) is trading near $6.49 as of 2:06pm UTC on 23 July 2026, within the day’s $6.33–$6.53 range. Past performance is not a reliable indicator of future results.

The move comes as investors continue to monitor the voice artificial intelligence industry, with SoundHound AI's shares moving alongside broader volatility in AI-linked equities (The Motley Fool, 26 June 2026). Traders are also assessing the company's expanding enterprise partnerships across the automotive and restaurant voice AI segments, including its integration with OpenTable to launch a hands-free, in-vehicle restaurant reservation agent connecting drivers to a network of over 60,000 restaurants worldwide (SoundHound AI, 10 December 2025). Wider sentiment towards US technology shares continues to influence smaller-cap AI stocks, with the S&P 600 small-cap technology index gaining almost 54 percent this year against a 20.1 percent rise in the S&P 500 technology index, according to Trivariate Research data cited in the report (Yahoo Finance, 27 May 2026).

Third-party SoundHound AI outlook: Q2 earnings near

As of 23 July 2026, third-party SoundHound AI stock predictions published this month reflect different assumptions about voice AI adoption, enterprise partnerships and future company performance.

Intellectia AI (algorithmic price prediction)

Intellectia AI projects an average SoundHound AI price of $19.65 for July 2026, with a forecast range of $16.98 to $24.75. The model bases its estimate on technical patterns and historical volatility data available (Intellectia AI, 7 July 2026).

AnaChart (analyst target tracker)

AnaChart records an average 12-month price target of $14.92 from six analysts covering SoundHound AI, with estimates ranging from $9 to $20. The platform states that these analysts' previous forecasts achieved an accuracy rate of 86.93% over an average period of 90.29 days, as of 22 July 2026, though it notes historical accuracy does not indicate that future forecasts will produce similar results (AnaChart, 22 July 2026).

MarketBeat (consensus poll)

MarketBeat places SoundHound AI's consensus price target at $14.93, based on 12-month forecasts from Wall Street analysts covering the stock (MarketBeat, 21 July 2026).

Investing.com (analyst consensus estimates)

Investing.com reports an average 12-month price target of $13.14 from seven analysts, with estimates ranging from $8 to $17. The platform lists a consensus rating of Strong Buy, based on six buy recommendations and one hold recommendation (Investing.com, 21 July 2026).

Public.com (price target aggregator)

Public.com reports an aggregate price target of $14.57 from seven analysts, alongside a consensus rating of Buy. The platform states that 43% of contributing analysts assign a Strong Buy rating and 43% assign a Buy rating, with the figures current (Public.com, 21 July 2026).

Takeaway: across these sources, 12-month consensus targets generally sit between $13 and $15. Individual analyst and model-based estimates span a wider range of approximately $9 to $25, reflecting differences in methodology, assumptions and forecast periods.

Predictions and third-party forecasts are inherently uncertain, as they cannot fully account for unexpected market developments. Past performance is not a reliable indicator of future results.

SoundHound AI: upcoming earnings

SoundHound AI confirmed that it plans to publish its second-quarter 2026 financial results on Wednesday, 5 August 2026, after the market closes. The company is also scheduled to hold a conference call and live audio webcast at 2pm PT/5pm ET, available through the investor relations section of its website, with a replay expected afterwards (StockTitan, 21 July 2026).

The release follows SoundHound AI's first-quarter 2026 results, published on 7 May 2026. The company reported revenue of $44.20m, up 51.7% year on year, alongside a GAAP net loss of $25m and a GAAP gross margin of 31.1% (SoundHound AI SEC filing, 7 May 2026).

Reported earnings per share were -$0.06, compared with a consensus estimate of -$0.05 (MarketBeat, 21 July 2026). SoundHound AI reported $216m in cash and no debt at the end of the first quarter (SoundHound AI SEC filing, 7 May 2026).

SoundHound AI also reaffirmed its full-year 2026 revenue guidance of $225m–$260m. It provided a 2027 revenue forecast of $350m–$400m, including an anticipated contribution from its pending acquisition of LivePerson, which it expects to complete in the second half of 2026 (SoundHound AI press release, 21 April 2026).

SOUN stock price: technical overview

As of 2:06pm UTC on 23 July 2026, the SOUN stock price trades near $6.49, below its main group of moving averages. TradingView data places its 20-, 50-, 100- and 200-day simple moving averages at approximately $7, $7, $7 and $10, respectively.

This positioning leaves the share price below each of the four widely followed averages, in line with its broader multi-month decline.

Momentum indicators present a mixed picture. The 14-day relative strength index stands at 44.33, placing it in lower-neutral territory, while the 14-day average directional index reads 9.87. The latter suggests that the stock has not established a strong directional trend. The nine-period Hull moving average stands at $6.46, slightly below the latest price.

Above the current price, the nearest classic pivot resistance level, R1, stands at $8.64. A daily close above this level could bring the R2 marker near $10.81 into focus, according to TradingView data. The classic pivot point at $7.35 provides another nearby reference, although it also sits above the current share price. The 200-day SMA near $9.90 offers a longer-term technical reference.

On the downside, a move below the S1 level near $5.18 could bring the S2 marker around $3.89 into focus, based on TradingView’s pivot calculations (TradingView, 23 July 2026).

This technical analysis is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.

SoundHound AI share price history (2024–2026)

SOUN’s stock price reached an all-time high of $24.98 on 26 December 2024, during a period of increased market interest in voice AI companies.

The stock subsequently came under pressure and closed 2025 at $14.27, down 28.07% for the year. Over the same period, investors continued to assess the company’s revenue growth against its ongoing losses.

The decline extended into 2026. SOUN began the year near $10.62 on 2 January before falling through the spring and briefly reaching a 52-week low of $5.83 in April, as valuations across the wider AI sector came under scrutiny.

A recovery in May took the shares above $9.50, but the stock moved lower again in June and closed at $6.50 on 30 June.

In July, SOUN traded within an approximate range of $6.01–$7.13. It closed at $6.50 on 23 July 2026, down around 38.7% year to date and approximately 46.3% year on year.

Past performance is not a reliable indicator of future results. Share prices are indicative and may differ from live market prices.

SoundHound AI (SOUN): Capital.com analyst view

SoundHound AI’s share price has experienced substantial volatility over the past two years. The stock rose to an all-time high of $24.98 in December 2024 before declining through 2025 and into 2026.

The fall has coincided with greater scrutiny of the company’s continuing net losses, although quarterly revenue increased by 51.7% year on year in its latest reported results.

Some market participants may view this revenue growth as supportive of the company’s longer-term prospects. Others may place greater weight on its ongoing losses, valuation and ability to convert revenue growth into sustainable profitability.

Consensus analyst targets compiled by third-party platforms currently stand above the prevailing share price. Some observers may interpret this gap as reflecting expectations of future growth. However, analyst targets are not guarantees and may change as company results, market conditions and underlying assumptions develop.

The wide range of published estimates also highlights the uncertainty involved in forecasting the shares of a smaller, growth-focused technology company.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Past performance is not a reliable indicator of future results.

Summary – SoundHound AI 2026

SoundHound AI traded near $6.49 at 3.20pm UTC as of 2:06pm UTC on 23 July 2026, well below its December 2024 all-time high of $24.98.
The shares remained below their 20-, 50-, 100- and 200-day moving averages. The RSI sat in lower-neutral territory, while the ADX did not indicate a strong established trend.
Factors that may influence SOUN include sentiment towards the voice AI sector, progress on enterprise partnerships, quarterly revenue growth, ongoing net losses and changes to third-party analyst targets.
Market attention may focus on the company’s second-quarter 2026 results, scheduled for 5 August 2026, alongside its full-year revenue guidance and pending acquisition of LivePerson.

Past performance is not a reliable indicator of future results.

FAQ

Who owns the most SoundHound AI stock?

The article doesn’t identify SoundHound AI’s largest shareholder. Ownership can change as institutional investors, company insiders and other shareholders adjust their holdings. To assess the latest position, traders can review recent regulatory filings, company disclosures and reputable market-data platforms. These sources may show the largest reported institutional or insider stakes, although filing dates mean the information may not always reflect current holdings.

What is the five-year SoundHound AI share price forecast?

The article doesn’t provide a five-year SOUN stock forecast. The third-party estimates discussed focus mainly on 12-month targets, which range widely and reflect different assumptions and methods. Forecasting over five years involves greater uncertainty because company performance, competition, market conditions and the development of the voice AI sector may change substantially. Long-term projections should therefore be treated as scenarios rather than reliable outcomes.

Is SoundHound AI a good stock to buy?

Whether SoundHound AI is suitable depends on an individual’s objectives, risk tolerance and assessment of the company. The article highlights revenue growth and enterprise partnership activity, but also notes continuing net losses, substantial share-price volatility and uncertainty around analyst forecasts. These factors may be interpreted differently by different market participants. The information provided isn’t investment advice, and any decision should be based on independent research.

Could SoundHound AI stock go up or down?

Yes. SoundHound AI’s share price could move in either direction. Potential influences include quarterly results, revenue growth, net losses, enterprise partnership developments, the pending LivePerson acquisition and wider sentiment towards AI-linked shares. Technical levels may also affect short-term trading activity, although they don’t predict future performance. The stock’s recent history shows substantial volatility, which means both upward and downward price movements remain possible.

Should I invest in SoundHound AI stock?

The article doesn’t recommend investing in SoundHound AI. It presents third-party forecasts, recent financial results, technical indicators and historical price performance to help readers understand the factors affecting the shares. SoundHound AI combines revenue growth prospects with ongoing losses, acquisition-related uncertainty and notable price volatility. Whether the stock is appropriate depends on personal circumstances and risk tolerance, so independent research and professional advice may be appropriate.

Can I trade SoundHound AI CFDs on Capital.com?

Yes, you can trade SoundHound AI CFDs on Capital.com. Trading share CFDs lets you speculate on price movements without owning the underlying asset and to take long or short positions. However, contracts for difference (CFDs) are traded on margin, and leverage amplifies both profits and losses. You should ensure you understand how CFD trading works, assess your risk tolerance, and recognise that losses can occur quickly.