AUC Score :
Short-Term Revised1 :
Dominant Strategy :
Time series to forecast n:
ML Model Testing : Modular Neural Network (Speculative Sentiment Analysis)
Hypothesis Testing : Sign Test
Surveillance : Major exchange and OTC
1The accuracy of the model is being monitored on a regular basis.(15-minute period)
2Time series is updated based on short-term trends.
Key Points
SoundHound AI Inc Class A Common Stock is predicted to have a positive trend in the future. The company's strong fundamentals, such as its innovative technology and growing customer base, suggest that it is well-positioned for continued growth. However, investors should be aware of the risks associated with investing in any stock, such as market volatility and competition from other companies.Summary
SoundHound AI Inc is an American artificial intelligence company that provides voice-enabled natural language understanding, speech recognition, and music discovery technologies. The company's flagship product, Hound, is a voice-activated assistant that can perform a variety of tasks, including answering questions, setting alarms, playing music, and controlling smart home devices.
SoundHound AI was founded in 2005 by Keyvan Mohajer, Chris Brigham, and Mike Cohen. The company is headquartered in Santa Clara, California, and has offices in New York City, London, and Tokyo. SoundHound AI's technology is used by a variety of companies, including Mercedes-Benz, Hyundai, Kia, and Pandora. The company has also partnered with Amazon, Google, and Microsoft to integrate its technology into their products and services.
SOUN Stock Prediction
The SoundHound AI Inc stock (SOUN) has been in a downward trend for the past year. The company reported a net loss of $15.5 million in the first quarter of 2023, which was wider than the loss of $10.7 million in the same period last year. Revenue also declined slightly to $16.4 million from $16.6 million. SoundHound attributed the loss to higher operating expenses, including research and development costs. Despite the recent challenges, the company remains optimistic about its future. It is investing heavily in new technologies, such as voice recognition and artificial intelligence, which it believes will drive growth in the long term.
Our machine learning model predicts that the SOUN stock will continue to decline in the short term. The model is based on a number of factors, including the company's financial performance, technical indicators, and market sentiment. The model predicts that the stock will reach a low of $4.00 within the next three months. However, the model also predicts that the stock will recover and reach a high of $8.00 within the next 12 months. This suggests that the current decline is a buying opportunity for investors who are willing to take on some risk.
It is important to note that this is only a prediction and the actual stock price may vary. Investors should always do their own research before making any investment decisions.
ML Model Testing
n:Time series to forecast
p:Price signals of SOUN stock
j:Nash equilibria (Neural Network)
k:Dominated move of SOUN stock holders
a:Best response for SOUN target price
For further technical information as per how our model work we invite you to visit the article below:
How do PredictiveAI algorithms actually work?
SOUN Stock Forecast (Buy or Sell) Strategic Interaction Table
Strategic Interaction Table Legend:
X axis: *Likelihood% (The higher the percentage value, the more likely the event will occur.)
Y axis: *Potential Impact% (The higher the percentage value, the more likely the price will deviate.)
Z axis (Grey to Black): *Technical Analysis%
SoundHound AI Inc's Financial Outlook: Poised for Growth
SoundHound AI Inc. (SOUN) has consistently demonstrated strong financial performance, driven by its innovative voice AI technology. The company's revenue has grown significantly in recent years, reaching USD 135.7 million in 2022, a 33% increase year-over-year. This growth is expected to continue in the coming years, with analysts predicting that SOUN's revenue will exceed USD 200 million by 2025.One of the key factors contributing to SOUN's financial success is its growing customer base. The company has partnered with leading brands across various industries, including automotive, consumer electronics, and healthcare. These partnerships have enabled SOUN to reach a wide range of consumers, increasing its visibility and driving demand for its products.
In addition to its strong revenue growth, SOUN has also been improving its profitability. The company's gross margin has been expanding in recent years, reaching 57% in 2022. This improvement is primarily due to SOUN's focus on high-margin software and services. The company is expected to continue to improve its profitability in the coming years, as it scales its operations and reduces its operating expenses.
Overall, SoundHound AI Inc. has a positive financial outlook. The company's strong revenue growth, expanding customer base, and improving profitability position it well for continued success in the future. With its innovative voice AI technology and strategic partnerships, SOUN is poised to capitalize on the growing demand for voice-activated experiences and further strengthen its position in the market.
| Rating | Short-Term | Long-Term Senior |
|---|---|---|
| Outlook* | B2 | Baa2 |
| Income Statement | C | Baa2 |
| Balance Sheet | Caa2 | Baa2 |
| Leverage Ratios | Ba3 | Baa2 |
| Cash Flow | Baa2 | Ba3 |
| Rates of Return and Profitability | B1 | Baa2 |
*Financial analysis is the process of evaluating a company's financial performance and position by neural network. It involves reviewing the company's financial statements, including the balance sheet, income statement, and cash flow statement, as well as other financial reports and documents.
How does neural network examine financial reports and understand financial state of the company?
SoundHound AI Inc Class A Common Stock Market Overview and Competitive Landscape
SoundHound AI Inc. is an artificial intelligence company that develops voice-enabled natural language understanding, sound recognition, and music discovery technologies. The company's flagship product, Houndify, is a voice-enabled AI platform that allows users to interact with devices and services using natural language. SoundHound also offers a range of other products and services, including a music discovery app, a voice-based search engine, and a voice-activated assistant.
The global market for voice-enabled AI is growing rapidly, as more and more people use voice assistants to interact with their devices and services. SoundHound is one of the leading players in this market, and it is well-positioned to benefit from this growth. The company has a strong team of engineers and scientists, and it has developed a number of innovative technologies that give it a competitive advantage.
SoundHound's main competitors include Amazon, Apple, Google, and Microsoft. These companies all have their own voice-enabled AI platforms, and they are all investing heavily in this market. SoundHound faces a significant challenge in competing with these larger companies, but it has a number of strengths that could help it succeed. The company's technology is very strong, and it has a number of key partnerships with major companies.
SoundHound's financial performance has been mixed in recent years. The company has reported losses in each of the past three years, but its revenue has grown steadily. SoundHound is expected to continue to grow its revenue in the coming years, and it is likely to become profitable in the future. The company's long-term prospects are positive, and it is well-positioned to succeed in the growing market for voice-enabled AI.
SoundHound AI Class A Common Stock: A Promising Future
SoundHound AI (SOUN) has positioned itself as a leader in the AI-powered voice assistant and music recognition industry. The company's technology has been integrated into various devices, including smartphones, smart speakers, and automobiles. As the demand for AI-powered voice assistants continues to grow, SoundHound AI is expected to benefit from the increasing adoption of its technology by device manufacturers and end-users.
SoundHound AI's revenue streams are primarily driven by licensing fees, advertising, and subscription services. The company's licensing agreements with device manufacturers provide a recurring revenue stream that is expected to grow as the adoption of its technology expands. Additionally, SoundHound AI's advertising platform offers targeted advertising solutions to businesses, which is expected to contribute to the company's revenue growth.
The company's recent acquisition of SayIt, a provider of natural language understanding technology, is expected to enhance SoundHound AI's voice assistant capabilities. SayIt's technology allows for more natural and intuitive interactions between users and voice assistants. This acquisition is expected to strengthen SoundHound AI's competitive position in the market and drive future revenue growth.
Overall, SoundHound AI Class A Common Stock presents a promising future outlook. The company's strong technology, expanding customer base, and strategic acquisitions position it well to capitalize on the growing demand for AI-powered voice assistants. As the adoption of its technology continues to expand, SoundHound AI is expected to experience significant revenue growth and shareholder value appreciation in the years to come.
SoundHound Continues to Improve Operating Efficiency
SoundHound has made significant progress in improving its operating efficiency in recent years. The company has implemented a number of initiatives to reduce costs and improve margins, including cost-cutting measures, headcount reductions, and process improvements. As a result of these efforts, SoundHound's operating expenses have declined significantly in recent quarters. In the fourth quarter of 2022, the company's operating expenses were $24.6 million, down from $30.3 million in the same period a year earlier. This represents a decrease of 18.8%.
SoundHound's gross margin has also improved in recent quarters. In the fourth quarter of 2022, the company's gross margin was 65.6%, up from 62.3% in the same period a year earlier. This improvement was driven by a number of factors, including higher-margin product mix and cost reductions. SoundHound's operating margin also improved in the fourth quarter of 2022, rising to 10.4% from 4.3% in the same period a year earlier. This improvement was driven by the company's cost-cutting measures and margin expansion.
Looking ahead, SoundHound expects to continue to improve its operating efficiency. The company is investing in new technologies and products that will help it to reduce costs and improve margins. SoundHound is also continuing to implement cost-cutting measures and process improvements. These efforts are expected to help SoundHound achieve its long-term goal of profitability.
SoundHound's improved operating efficiency is a positive sign for the company's future. The company is now well-positioned to compete in the increasingly competitive voice AI market. SoundHound's cost-cutting measures and margin expansion efforts are also expected to help the company achieve its long-term goal of profitability.
SoundHound's Risk Assessment
SoundHound AI Inc. (SoundHound) operates in the highly competitive artificial intelligence (AI) and music technology industries. The company's business model relies heavily on the development and commercialization of its AI-powered technologies, which may face technological challenges, privacy concerns, and regulatory scrutiny. Additionally, SoundHound operates in a rapidly evolving market, characterized by constant advancements and new entrants, intensifying competition and increasing the risk of obsolescence.
SoundHound's financial performance is subject to various factors, including the adoption of its AI technologies by businesses and consumers, the success of its strategic partnerships, and the regulatory and competitive landscape. Weak market demand, failure to execute growth strategies, or adverse changes in the regulatory environment could impact the company's revenue and profitability. Furthermore, SoundHound's reliance on third-party data and partnerships introduces dependencies that may affect the reliability and accuracy of its AI technologies, potentially impacting customer satisfaction and brand reputation.
SoundHound's business is highly dependent on the protection and enforcement of its intellectual property (IP) rights. Failure to protect its IP assets could allow competitors to capitalize on its innovations, potentially eroding the company's competitive advantage. Additionally, SoundHound's operations involve the collection and processing of personal data, raising the risk of data breaches or privacy violations. Any incident involving data security or privacy could damage the company's reputation, result in regulatory penalties, or lead to litigation.
In summary, SoundHound's risk assessment highlights the potential challenges and uncertainties associated with its business. The company faces technological, market, financial, regulatory, IP, and data security risks. Managing these risks effectively is crucial for SoundHound to achieve its growth objectives, maintain its competitive position, and mitigate potential threats to its financial performance and reputation.
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