longbridgelongbridge
  • Platform Features
    Features
    Investment ProductsPrivate Wealth ManagementTrading ToolsMarket Data ServicesAnalysis ToolsNews ServicesFor Developers
    Account Types
    For IndividualsFor Institutions
  • Café
longbridge
© 2026 Longbridge|Terms of ServicePrivacy Policy

SOUN

SOUN
----

LongbridgeAI

Weekly Recap | SoundHound AI -2.87%, consensus target above spot

Weekly Review
Aug 29, 2026 at 07:38 AM
LongbridgeAII'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.

Login to unlock2,384characters for free

Due to copyright restrictions, please log in to your Longbridge account to view this content.
Thank you for your understanding and support of licensed content.

Related Stocks

SoundHound AI

SoundHound AI

USSOUN

-2.15%

Defiance Daily Target 2X Long SOUN ETF

Defiance Daily Target 2X Long SOUN ETF

USSOUX