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SoundHound AI Edges Higher Ahead Of Earnings On Expansion Plans

SoundHound AI Edges Higher Ahead Of Earnings On Expansion Plans

FinvizFinviz2026/02/26 17:33
By:Finviz

SoundHound AI Inc (NASDAQ: SOUN) shares are edging higher Thursday afternoon as investors look ahead to the voice-AI company's fourth-quarter results, due after the closing bell.

Wall Street is expecting a loss of 5 cents per share, matching last year's per-share loss, on revenue of about $53.97 million, up from $34.54 million a year ago. Here’s what investors need to know.

  • SoundHound AI stock is moving in positive territory. Why is SOUN stock trading higher?

AI Sales Agent Boosts Optimism

This week, sentiment around SoundHound has been supported by fresh product news. The company introduced "Sales Assist," a voice-powered AI agent built to analyze in-store customer conversations and feed real-time recommendations to retail staff, initially targeting telecom shops where complex plans can slow transactions.

Management believes the tool can streamline sales, raise revenue per customer and add to recurring software revenue as more retailers adopt AI helpers. The platform processed nearly 30 million customer interactions in 2025, underscoring growing enterprise usage.

SoundHound also announced a new innovation hub in Bengaluru, India, designed to accelerate development of its agentic AI platform and tap the country's large pool of engineering talent.

The site joins offices across North America, Europe and Asia, broadening the company's global reach.

Short-Term Strength, Longer-Term Pressure

Currently, the stock is trading 2.58% above its 20-day simple moving average (SMA) and 4.1% below its 100-day SMA, indicating some short-term strength but potential longer-term weakness.

Shares have decreased approximately 60.7% over the past 12 months and are positioned closer to their 52-week lows than highs, suggesting a challenging market environment.

SoundHound AI Edges Higher Ahead Of Earnings On Expansion Plans image 0

SOUN Stock Holds Buy Consensus Rating

Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $13.00. Recent analyst moves include:

  • Piper Sandler: Neutral (Lowers Target to $11.00) (Jan. 5)
  • Cantor Fitzgerald: Upgraded to Overweight (Raises Target to $15.00) (Dec. 12, 2025)

SOUN Shares Edge Higher Thursday Afternoon

SOUN Price Action: SoundHound AI shares were up 2.82% at $8.76 at the time of publication on Thursday.

Image: Shutterstock

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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