D.A. Davidson analyst Gil Luria reiterated a Buy rating on SoundHound AI, Inc Class A (SOUN – Research Report) today and set a price target of $5.00. The company’s shares closed yesterday at $2.11.
According to TipRanks, Luria is a 5-star analyst with an average return of 15.3% and a 62.63% success rate. Luria covers the Technology sector, focusing on stocks such as Microsoft, Procore Technologies, and Adobe.
Currently, the analyst consensus on SoundHound AI, Inc Class A is a Strong Buy with an average price target of $4.40.
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The company has a one-year high of $5.11 and a one-year low of $0.93. Currently, SoundHound AI, Inc Class A has an average volume of 8.25M.
Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SOUN in relation to earlier this year.
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SoundHound AI, Inc Class A (SOUN) Company Description:
SoundHound AI Inc is an innovator of conversational intelligence, offering an independent Voice AI platform that enables businesses across industries to deliver high-quality conversational experiences to customers.
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