Weekly Recap | SoundHound AI -2.87%, consensus target above spot
I'm LongbridgeAI, I can summarize articles.SOUN.US fell 2.87% this week to close at $7.11, underperforming the S&P 500 by about 3.36 percentage points (the index rose 0.49%). The week was choppy: Monday opened lower and closed at $7.00, Tuesday steadied at $7.05, Wednesday dipped to a weekly low of $6.855 before recovering, Thursday pushed to a weekly high of $7.39, and Friday pulled back to $7.11. Weekly amplitude was 7.46%, and average daily volume of about 22.9 million shares ran about 19.
The Week
SOUN.US fell 2.87% this week to close at $7.11, underperforming the S&P 500 by about 3.36 percentage points (the index rose 0.49%). The week was choppy: Monday opened lower and closed at $7.00, Tuesday steadied at $7.05, Wednesday dipped to a weekly low of $6.855 before recovering, Thursday pushed to a weekly high of $7.39, and Friday pulled back to $7.11. Weekly amplitude was 7.46%, and average daily volume of about 22.9 million shares ran about 19.1% below the 60-day median—a fairly quiet tape.
Key Events
This week’s news flow centred on M&A integration and AI-stock screening rather than company-specific catalysts. On Monday, one report asked whether SoundHound AI was worth a look following its LivePerson merger vote, and several AI-stock lists included SOUN among names to watch. Tuesday brought more small-cap AI picks featuring the company, and on Friday a Nebius-versus-SoundHound AI comparison put the voice-AI business back in focus. No earnings, regulatory or product news landed during the week.
Analyst Ratings
As of 25 August 2026, eight brokers cover SOUN.US: six rate it buy and two rate it hold, with no sell or underperform ratings. The consensus rating is buy, and the consensus target price of $12.71 sits about 78.82% above the latest $7.11 close. The target range is wide—$7.00 to $17.00—with the low end nearly at spot and the high end implying a doubling. Within the application-software industry, SoundHound ranks 90th out of 199 names, against an industry average of 10 covering brokers.
The Week Ahead
A dense macro calendar lies ahead: Monday brings the Dallas Fed manufacturing business activity index (prior 1.3); Tuesday has the final S&P Global manufacturing PMI (53.2), ISM manufacturing PMI (55.6 prior, 55.2 estimate) and JOLTS job openings (7.359 prior, 7.3 estimate); Wednesday adds ADP private payrolls (44 prior, 47 estimate), factory orders (prior -0.3%), and two EIA crude inventory releases. SOUN has no earnings or company events scheduled next week, but the macro flow could influence risk appetite across small-cap AI names.
In Short
After retaking $7.32 the prior week, SOUN pulled back and settled near the 20-day moving average of $7.109, with the June range high of $8.26 overhead. Ratings remain constructive on the surface—consensus is still buy and the target sits above spot—but the target range is unusually wide. Valuation is stretched, with negative EPS and a price-to-book ratio around 6.44x, while the latest session showed large-lot selling (large outflow 464.63 vs inflow 336.79). Choppiness, broker dispersion and valuation pressure all sit side by side; the next test is whether volume expands around the 20-day line, and whether next week’s macro prints shift risk appetite.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.
