What Does the Future Hold for SoundHound (SOUN)
Empresas / Personas: SoundHound AI Inc., Piper Sandler, James Fish
Ubicaciones: United States, Japan
Escala: company
SoundHound AI Inc. (NASDAQ:SOUN) reported fourth quarter revenue of $55.1 million, a 59% year-over-year increase, and full-year revenue of $169 million, doubling from the previous year. Analyst James Fish from Piper Sandler reduced the price target from $11 to $9 while maintaining a Neutral rating, citing mixed quarterly results and concerns about the company's reliance on M&A.
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