SoundHound AI (SOUN) Stock Soars on AI Hype: 217% Growth, Major Deals & Can It Topple the Tech Giants?
SoundHound AI shares closed near $17 on Oct. 2, 2025, up about 5% with a market cap around $6.6 billion. Q2 revenue hit a record $42.7 million, up 217% year-over-year, while management raised full-year guidance. In September, SoundHound acquired Interactions and announced deals with Red Lobster and Primary Health Solutions. Short interest stands at roughly 30% of float amid strong retail buzz.