NEW YORK, March 29, 2026, 12:11 EDT
- Vanguard’s newest ownership filing indicates the parent had zero SoundHound shares as of March 13, following an internal realignment. The previous amendment showed it held 43.46 million shares, amounting to 11.58% of the class. SoundHound AI
- SoundHound ended Friday at $5.90, down 2.6%, despite pushing forward with fresh partnerships in enterprise and retail. Reuters
- SoundHound AI posted 2025 revenue of $168.9 million, nearly doubling from a year earlier, and issued a 2026 outlook in the range of $225 million to $260 million. SoundHound AI
Vanguard disclosed late Friday it’s dropped below the 5% ownership mark in SoundHound AI, following an internal shakeup. That takes the big institutional investor off the roster of the conversational-AI firm’s major holders. SoundHound ended the session down 2.6% at $5.90. SoundHound AI
Timing is crucial now for SoundHound. The company’s coming off another year in the red and a new CFO just stepped in. Its push to convert a series of enterprise and retail wins into reliable growth is under the microscope, with investors watching closely as it sticks to a 2026 revenue target. SoundHound AI
Vanguard’s latest amended Schedule 13G shows the parent company held zero shares as of March 13, ticking the box for ownership of 5% or less. According to Vanguard, a January 12 internal realignment means certain subsidiaries or business units now report their stakes on their own. Back in the October 31 amendment, Vanguard listed 43.46 million shares—good for 11.58% of SoundHound’s stock. SoundHound AI
SoundHound, known for its voice and conversational AI tools, targets a range of businesses. Lately, it’s putting weight behind “agentic AI” — tech aimed at complex, multi-step tasks that mostly run without much human help. The move signals a shift, as SoundHound stretches further from autos and into areas like customer support, retail, and IT. Reuters
This month, SoundHound linked up with ManpowerGroup’s Experis, which plans to resell the company’s conversational AI offerings to big organizations—healthcare gets the first shot. Peet’s Coffee is also rolling out the tech, putting voice-powered recipe lookup, troubleshooting and procedures in the hands of staff. “Enterprises were eager to move beyond experimentation,” said Chief Executive Keyvan Mohajer. Experis U.S. President Kye Mitchell pointed out that the real challenge lies in converting AI investments into “real business outcomes.” SoundHound AI
SoundHound on Thursday announced that Aragon Research has marked it as a leader in the 2026 agent-platforms report, a vendor ranking the company now highlights in its enterprise marketing. Still, Aragon’s release carried a disclaimer—it doesn’t endorse any vendor or product. SoundHound AI
The company posted 2025 revenue of $168.9 million—a 99% jump over last year—and projected 2026 revenue in the $225 million to $260 million range. Cash stood at $248 million at the close of 2025, with zero debt on the books. SoundHound AI
SoundHound’s expansion into enterprise software is putting it up against a wider field of AI competitors, on top of its established automotive foes. Cerence, according to Reuters profiles, is still concentrating on AI assistants inside connected cars. C3.ai, by contrast, markets enterprise-focused AI software to a range of sectors. Reuters
The road ahead isn’t straightforward. On March 18, SoundHound disclosed that CFO Nitesh Sharan plans to exit on April 3, with co-founder James Hom set to take over as interim CFO. Filings from this week also show CEO Keyvan Mohajer and other top execs sold shares on March 20—those sales were for tax withholding tied to vested stock awards. Back in February, the company’s earnings report flagged potential trouble spots: commercializing its products, keeping and winning customers, and covering costs from acquisitions could all weigh on results. SoundHound AI
At this point, Vanguard’s filing seems to signal a change in how it reports its holdings, rather than a full-scale exit. Still, the stock finished Friday at $5.90, and the company has yet to prove that recent deals will generate solid, lasting cash flow. Investors aren’t likely to stop scrutinizing every new filing for clues. SoundHound AI
