SoundHound AI Stock Skyrockets on Red Lobster Deal – Is SOUN the Next Big AI Winner or Overhyped?
SoundHound AI shares jumped over 5% to $18.25 on Sept. 23, 2025, after announcing a partnership with Red Lobster to deploy AI phone-ordering at all locations. The stock is up 272% in the past year but down 8% year-to-date, despite record Q2 revenue of $42.7 million and a narrowed net loss of $11.9 million. SoundHound’s market cap stands near $7.4 billion, with analysts split on its outlook.