SANTA CLARA, California, May 5, 2026, 07:11 PDT
Two days ahead of its quarterly earnings, SoundHound AI rolled out OASYS, a self-learning platform aimed at building and running AI agents. The news wasn’t enough to keep shares afloat, with the stock sliding about 4.3% to $9.06 early Tuesday. That move put the voice AI firm’s market capitalization near $3.73 billion.
Timing is key here. SoundHound is set to release its first-quarter results after the bell on Thursday, May 7, with investors focused on whether its push into voice and agentic AI is finally translating into reliable sales and slimmer losses. The earnings call kicks off at 2:00 p.m. PT, or 5:00 p.m. ET.
Speculation around the stock was already intense. According to TipRanks, options traders looked for an 18.06% swing in either direction after earnings—a sharp contrast to the usual 3.74% average absolute post-earnings move from the last four quarters. TipRanks also pointed out that while the shares jumped more than 40% in the past month, they’re still a bit underwater for the year.
SoundHound introduced OASYS—the Orchestrated Agent System—designed for companies looking to deploy AI agents that can build, adapt, and upgrade themselves across channels like phone, web chat, kiosks, or even inside vehicles. This form of “agentic AI” handles tasks with minimal human step-by-step direction, handling things like service queries, taking orders, or processing transactions. Barchart.com
Chief Executive Keyvan Mohajer says the platform marks SoundHound’s shift from “static” AI to what he calls a “self-learning ecosystem.” Hayley Sutherland, research manager for conversational AI at IDC, sees customer service undergoing a “tectonic shift.” Over at Experis U.S., president Kye Mitchell labeled OASYS a “new gold standard” for voice agentic AI. Shannon McCallum of Resorts World Las Vegas thinks conversational AI can “enhance the guest journey.” Barchart.com
Zacks is looking for SoundHound to post a 5-cent per-share loss on $42.7 million in revenue for Thursday, suggesting a 46.6% year-over-year jump. Their model doesn’t signal a clear earnings beat, and the stock sits at a Zacks Rank No. 3 (Hold).
Sales momentum hasn’t slowed. For the fourth quarter of 2025, SoundHound posted revenue of $55.1 million, a 59% jump from the prior year. Full-year sales hit $168.9 million—close to doubling, up 99%. The company wrapped up 2025 holding $248 million in cash, reporting zero debt. Looking ahead, guidance calls for 2026 revenue between $225 million and $260 million.
The chart isn’t offering much clarity here. On Monday, Benzinga pointed out the stock’s 20-day simple moving average sat above its 50-day, suggesting some short-term strength, but the 50-day still lagged the 200-day—a longer-term warning. Resistance was marked close to $10.50, support around $9.00, with shares pressing on that support level early Tuesday.
Competition isn’t just background noise here. Zacks flagged SoundHound as feeling the heat from enterprise AI specialists like C3.ai, data and analytics player Palantir, and Microsoft—whose Azure arm and enterprise software muscle let it scale conversational AI in ways rivals can’t quite match.
Execution’s the big question. SoundHound continues to pour money into new products, acquisitions, and sales growth, and according to Zacks, profits could stay squeezed by spending on R&D and go-to-market. The company itself has flagged risks around getting products commercialized, hanging on to customers, and surprises on acquisition costs—any of which might throw off results from forecasts.
So, the May 7 call isn’t really about the OASYS headline—it’s about whether SoundHound can actually turn new AI agents, those enterprise contracts, and the restaurant and auto launches into reliable, higher-margin revenue. Right now, investors see the potential, but conviction still looks a little shaky.
