| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/10/2023 | 108.13% | Cantor Fitzgerald | $4.2 → $3.6 | Maintains | Overweight |
| 09/27/2023 | 189.07% | DA Davidson | → $5 | Initiates Coverage On | → Buy |
| 09/05/2023 | 189.07% | HC Wainwright & Co. | → $5 | Initiates Coverage On | → Buy |
| 08/09/2023 | 142.82% | Cantor Fitzgerald | $6.2 → $4.2 | Maintains | Overweight |
| 06/22/2023 | 258.44% | Cantor Fitzgerald | $2.8 → $6.2 | Maintains | Overweight |
| 06/20/2023 | 61.88% | Cantor Fitzgerald | → $2.8 | Reiterates | Overweight → Overweight |
| 05/12/2023 | 61.88% | Cantor Fitzgerald | $3.2 → $2.8 | Maintains | Overweight |
| 11/30/2022 | 27.19% | Cantor Fitzgerald | $2.3 → $2.2 | Upgrades | Neutral → Overweight |
| 07/01/2022 | 73.44% | Cantor Fitzgerald | → $3 | Initiates Coverage On | → Neutral |
| 06/28/2022 | 304.69% | Wedbush | → $7 | Initiates Coverage On | → Outperform |
What is the target price for SoundHound AI (SOUN)?
The latest price target for SoundHound AI (NASDAQ: SOUN) was reported by Cantor Fitzgerald on November 10, 2023. The analyst firm set a price target for $3.60 expecting SOUN to rise to within 12 months (a possible 108.13% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for SoundHound AI (SOUN)?
The latest analyst rating for SoundHound AI (NASDAQ: SOUN) was provided by Cantor Fitzgerald, and SoundHound AI maintained their overweight rating.
When is the next analyst rating going to be posted or updated for SoundHound AI (SOUN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of SoundHound AI, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for SoundHound AI was filed on November 10, 2023 so you should expect the next rating to be made available sometime around November 10, 2024.
Is the Analyst Rating SoundHound AI (SOUN) correct?
While ratings are subjective and will change, the latest SoundHound AI (SOUN) rating was a maintained with a price target of $4.20 to $3.60. The current price SoundHound AI (SOUN) is trading at is $1.73, which is out of the analyst's predicted range.