SoundHound AI (SOUN) Today: 36% Monthly Slide, $17 Analyst Target and What Q3 Earnings Really Show

SoundHound AI, Inc. is back in the spotlight today as a wave of fresh coverage hits financial media, all grappling with the same question: is the voice‑AI specialist a high‑beta bargain or still too expensive after a brutal pullback?

By late morning U.S. trading on November 20, SoundHound AI shares are trading in the mid‑$12s, around $12.7 per share, after swinging between $11.38 and $12.45 intraday. ^[1] Despite today’s bounce, data from TradingView and recent analyst commentary show the stock is still down roughly 36%–41% over the last month, though it remains up more than 90% over the past year. ^[2]

At the same time, multiple outlets are publishing new analyses and rating updates on November 20, reflecting growing disagreement over whether SOUN is now an opportunity or a trap.

Today’s Key Headlines on SoundHound AI (20 November 2025)

Here are the major SoundHound stories circulating today:

“SoundHound AI Stock Is Down 36% in a Month. Is This the Ultimate Buying Opportunity Ahead of 2026?” – The Motley Fool / Nasdaq
A long-form piece highlighting SoundHound’s rapid revenue growth but warning that the stock still trades at a price‑to‑sales (P/S) multiple of around 33, higher than even Nvidia’s, despite large losses and lumpy results. ^[3]
“SoundHound AI (SOUN) Is Down 12.2% After Raising 2025 Revenue Outlook Amid Continued Losses” – Yahoo Finance
Summarizes Q3 results: record revenue, raised full‑year guidance, but continued net losses and mounting competition in core AI markets. ^[4]
“SoundHound AI (SOUN) Gets Fresh Vote of Confidence From DA Davidson After CFO Meetings” – Yahoo Finance / InsiderMonkey
Reports that D.A. Davidson reaffirmed its Buy rating and $17 price target after investor meetings with CFO Nitesh Sharan, citing increased confidence in SoundHound’s growth and margin trajectory. ^[5]
“Top Analyst Reaffirms Buy Rating on SOUN Stock, Predicts Over 45% Upside” – TipRanks
Details D.A. Davidson analyst Gil Luria’s bullish call: a Buy rating, a $17 target (≈45–50% upside), and a thesis built on SoundHound’s expanding voice AI footprint in autos, restaurants, and emerging voice‑commerce use cases. ^[6]
“SoundHound AI: Promising Voice Technology or Overhyped Investment?” – boerse‑global / ad‑hoc‑news (Germany)
A European perspective noting the 68% year‑over‑year revenue growth, improved margins, and raised guidance, but also pointing out that the share price is over 40% lower than at the start of 2025 and about 50% below December peaks, with volatility above 60%. ^[7]
“SoundHound AI suffers brutal decline amid AI doubts” – RollingOut
Focuses on the roughly 36% monthly share‑price crash and questions whether heavy losses and a lofty valuation justify the risk for new investors. ^[8]
“SoundHound AI Stock – Sky‑High AI Ambitions Meet Steep Volatility (Nov 2025 Update)” – TS2.tech
Describes SoundHound as a high‑growth, high‑volatility AI name that may have “room to run” long term, while stressing that the recent swings demand “patience and a strong stomach” from shareholders. TechStock²

On top of that, TipRanks has a fresh SOUN vs. C3.ai comparison piece out today, concluding that SoundHound carries a “Moderate Buy” consensus rating versus a “Moderate Sell” for C3.ai, and offering over 45% upside for SOUN based on analyst targets. ^[9]

How SOUN Stock Is Trading Today

Current price (late morning ET): about $12.7 per share. ^[10]
Intraday range (so far):$11.38–$12.45. ^[11]
1‑week performance: roughly ‑15%. ^[12]
1‑month performance: around ‑36% to ‑41%, depending on data source. ^[13]
1‑year performance:~+92%, despite the recent slump. ^[14]

MarketBeat’s live feed shows SoundHound up about 9–10% intraday around 11:00 a.m. Eastern, underscoring how volatile the name remains even on a single trading day. ^[15]

TradingView’s statistics highlight this tension: the stock has almost doubled over 12 months, yet it’s down sharply over the last month and still carries a rich valuation by traditional metrics. ^[16]

Q3 2025: Record Revenue and Raised Guidance

A big part of today’s coverage looks back at SoundHound’s third‑quarter 2025 results, released on November 6:

Q3 revenue:$42.0 million, up 68% year over year from ~$25.1 million.
GAAP gross margin:42.6%; non‑GAAP gross margin 59.3%.
GAAP net loss:$109.3 million (hit by non‑cash acquisition‑related fair‑value adjustments).
Non‑GAAP net loss:$13.0 million, with non‑GAAP EPS of –$0.03.
Cash and equivalents:$269 million, no debt as of September 30, 2025. ^[17]

The company also raised its full‑year 2025 revenue outlook to a range of $165–$180 million, up from a prior $160–$178 million, signalling that management expects strong demand to persist into year‑end. ^[18]

In its earnings release, SoundHound highlighted:

Ongoing rollout of its Agentic+ framework and Amelia 7.x AI agent platform.
Growth across verticals including restaurants, automotive, financial services, healthcare, insurance, and telecom.
Full deployments or expansions with major restaurant chains such as Red Lobster, MOD Pizza, Habit Burger, Torchy’s Tacos, Chipotle, and Casey’s, plus expanded Employee Assist usage at Peet’s Coffee.
Automotive wins, including deployments in Jeep vehicles in Europe, expansion with EV maker Togg, and deals with a “globally renowned sports car brand” and two‑wheeler manufacturers in India. ^[19]

Analyst write‑ups today repeatedly cite these figures as proof that the business is scaling rapidly, even if profitability remains out of reach in the near term. ^[20]

Why Bears Are Worried: Losses, Lumpy Growth and an Expensive Multiple

Despite impressive top‑line growth, the bear case is getting louder in today’s commentary:

Lumpy growth and decelerating momentum
- Q3 revenue of $42 million was up 68% year over year, but slightly below Q2’s $42.7 million, raising questions about the momentum of the ramp. ^[21]
- Articles on Nasdaq and Yahoo note that such “lumpiness” is common for early‑stage companies, but it makes forecasting harder and increases volatility in the stock.
Heavy GAAP losses and cash burn
- GAAP net loss of $109+ million in Q3 is drawing attention, even though much of it comes from non‑cash, acquisition‑related adjustments. ^[22]
- Adjusted net loss of $13 million and ongoing negative operating cash flow mean SoundHound will likely need to move closer to break‑even by 2026 if it wants to avoid dilutive capital raises, several pieces warn. ^[23]
Valuation still looks rich
- The Motley Fool’s analysis pegs SoundHound’s price‑to‑sales ratio around 32.8, higher than Nvidia’s, even after the 36% monthly drop. ^[24]
- German‑language coverage similarly argues that the share price weakness may simply be the market repricing an AI name whose expectations ran ahead of fundamentals, noting that the stock trades well below past peaks yet remains volatile. ^[25]
Volatility and sentiment risk
- European analysts point to a volatility reading north of 60%, framing SoundHound as a textbook high‑beta AI play. ^[26]
- RollingOut describes the recent performance as a “brutal decline” and questions whether retail investors fully appreciate how quickly sentiment can turn on richly valued AI names. ^[27]

Put simply, the bear camp sees an excellent product in a hot sector, but worries that the stock price still assumes near‑perfect execution in a world where macro conditions and AI enthusiasm could cool.

Why Bulls Are Staying Put: Analyst Support and Real‑World Adoption

At the same time, Wall Street is far from abandoning SoundHound—if anything, the big story today is that analysts are doubling down on their bullish views even as the share price stumbles.

DA Davidson: Buy, $17 Target, Stronger Conviction

D.A. Davidson has reiterated a Buy rating and $17 price target (roughly 45–50% upside from current levels). ^[28]
The firm’s analysts came away from CFO meetings “constructive” on SoundHound’s strategic roadmap, citing:
- A diverse customer base across multiple industries.
- Growing share in the automotive OEM market, especially among EV brands.
- Promising adoption potential in China. ^[29]

According to TipRanks, the consensus on SoundHound is a “Moderate Buy”, with recent data showing two Buy ratings and four Hold ratings over the last three months and an average price target near $17.20 (implying about 48% upside). ^[30]

TipRanks vs. C3.ai: SoundHound Comes Out Ahead

In a separate comparison piece published today, TipRanks pits SoundHound AI against C3.ai:

SOUN is down about 41% year‑to‑date but still up more than 80% over the last year, illustrating both strong early performance and intense volatility. ^[31]
Analysts see greater upside in SoundHound than in C3.ai, with targets implying over 45% potential appreciation for SOUN compared with single‑digit expected upside for C3.ai. ^[32]

Voice AI Services and Voice Commerce as Growth Engines

Bullish reports today spotlight two particularly important drivers:

Voice AI services (Amelia and contact‑center solutions)
- TipRanks notes that voice AI services—including the Amelia platform and restaurant partnerships—now account for roughly 75–80% of SoundHound’s revenue, with restaurants flagged as the fastest‑growing segment. ^[33]
- Case studies from healthcare show measurable efficiency gains: one system using an Amelia‑powered agent reportedly saw 23% better call‑center performance, with 80% of calls answered in under 45 seconds. ^[34]
Automotive and voice commerce
- SoundHound has begun monetizing “voice commerce”: drivers ordering items like coffee directly from their car dashboards via integrated partners, with potential revenue‑sharing for auto manufacturers. ^[35]
- Analysts expect more detail at CES 2026, where SoundHound is likely to update investors on in‑vehicle commerce and new OEM deployments. ^[36]

From this angle, the bull thesis is straightforward: a rapidly scaling platform in a massive, under‑penetrated market, bolstered by deep integrations with well‑known brands and a growing set of “agentic” AI products.

The European Take: A “Volatility Paradox”

European coverage today does a good job summarizing the tension:

Operational story:
- Revenue up 68% YoY and guidance raised to $165–$180 million.
- Management aiming to move toward EBITDA breakeven by the transition into 2026. ^[37]
Market story:
- Share price more than 40% below January levels and about 50% below last December’s peak.
- Stock struggling to stay above key moving averages despite broadly positive AI sentiment. ^[38]

German outlet boerse‑global calls this the “fundamental dilemma” for investors: how to reconcile strong execution and analyst support with a share price that keeps sliding. ^[39]

What Today’s News Means for Investors

Putting all of November 20’s coverage together, a few themes stand out:

Everyone agrees the tech and market opportunity are real.
SoundHound’s conversational AI is now being used by global restaurant chains, healthcare providers, financial institutions, carmakers and telecoms—and that footprint keeps expanding. ^[40]
The disagreement is about price and timing, not the product.
- Bears focus on rich valuation, big GAAP losses, and extreme volatility. ^[41]
- Bulls focus on revenue momentum, raised guidance, and multiple independent Buy ratings with targets well above today’s price. ^[42]
Short‑term swings could remain violent.
With the stock still up nearly double year‑over‑year but down sharply month‑over‑month, today’s ~10% intraday jump shows just how fast sentiment can flip in either direction. ^[43]
The 2026 profitability narrative is becoming a key anchor.
Several pieces—from Wall Street research to European press—are now explicitly framing 2026 as the timeframe by which SoundHound needs to be near EBITDA breakeven to avoid more aggressive dilution or a deeper rerating. ^[44]

What to Watch Next

If you’re tracking SOUN after today’s headlines, here are the main catalysts and metrics the market is watching:

Execution against 2025 guidance: Does revenue land within the $165–$180 million range, and do margins continue to improve? ^[45]
Cash burn and balance sheet: How quickly does non‑GAAP net loss and adjusted EBITDA narrow relative to the company’s $269 million cash pile? ^[46]
Adoption of Amelia 7 and Agentic AI: How many customers migrate to the new platform by mid‑2026, and what uplift does SoundHound see in revenue per customer? ^[47]
Automotive voice commerce traction: Does in‑car ordering expand beyond early pilots, and do automakers embrace revenue‑share models at scale? ^[48]
Analyst and institutional behavior: DA Davidson and other firms currently see upside; future rating changes or big institutional flows (like those reported this week) could amplify moves in either direction. ^[49]

Final Word (and a Quick Disclaimer)

November 20, 2025 finds SoundHound AI at a crossroads:

Operational performance and guidance are strong,
The stock has been punished over the last month, and
Analysts are still largely constructive, with average targets well above where shares trade today.

Whether that combination makes SOUN a compelling growth story or an overhyped AI bet is exactly what today’s flood of articles is debating.

This article is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. If you’re considering an investment in SoundHound AI or any other stock, it’s wise to do your own research and consult a licensed financial adviser who understands your goals, risk tolerance, and time horizon.

SoundHound AI Could 2x Sooner Than You Think | SOUN Stock Analysis