<p><strong>SoundHound AI</strong>(SOUN 0.31%) 的股价在过去一年中波动较大，这可能会引起对内部人士卖出股票的关注。在九月份，三位高管出售了股票：首席技术官 Timothy Stonehocker 出售了约 2,200 股，工程副总裁 Majid Emami 卖出了大约 36,000 股，首席财务官 Nitesh Sharan 卖出了超过 60,000 股。这些交易也都是在 10b5-1 计划下进行的，这意味着它们是预先安排的。</p>
<p>从整体来看，这些销售数量较小，三位高管仍持有大量股票。因此，这并不意味着高管们急于退出，而是股票在强劲表现后的常规出售。同时，内部人士的卖出并不是 SoundHound AI 过去表现的可靠指标。</p>
<p>虽然高管出售股票的新闻有时可能令人担忧，但通常这并不是大多数投资者需要担心的事情。高管出售股票有很多原因，通常他们的薪酬大部分以股票形式发放。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzU2NDIvZ2V0dHlpbWFnZXMtMTQzMjQ1Nzk2OS5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzU2NDIvZ2V0dHlpbWFnZXMtMTQzMjQ1Nzk2OS5qcGcmdz03MDA"/></p>
<p>图片来源：Getty Images。</p>
<h2>寻求成为代理人工智能领导者</h2>
<p>更大的故事是 SoundHound 正在构建的内容。它最初是一家人工智能（AI）语音公司，其语音到意义和深层理解技术超越了传统的语音识别，能够实时解读用户的意图。这项技术在汽车行业得到了强烈认可，为现代汽车、<strong>Stellantis</strong> 等公司的车辆提供语音助手。它在餐饮行业也取得了显著进展，为多个大型连锁店提供了自驾、电话和自助点餐服务。</p>
<p>然而，当 SoundHound 去年收购了一家名为 Amelia 的公司时，故事变得更加有趣。Amelia 专注于在复杂的受监管行业（如医疗保健和金融服务）中提供虚拟代理。这些行业都有自己的术语和合规要求，因此 Amelia 带来了新技术和令人印象深刻的客户名单。SoundHound 随后将其先进的语音到意义平台与 Amelia 的对话智能结合起来，创造了一个更强大的代理。</p>
<p>今年 Amelia 7.0 的推出是 SoundHound 在代理人工智能推进中的关键一步。该平台的 AI 代理像数字员工一样，理解意图并与人自然互动，以帮助自主完成任务。它可以与 ERP 和 CRM 平台、医疗系统、银行和保险进行集成。这使得它不仅仅用于语音命令，因为它实际上可以解决问题或完成端到端的交易。</p>
<p>这就是 SoundHound 最大的增长潜力所在。一个能够通过自动化常规工作来降低客户服务成本的平台具有强大的价值主张。该公司已经将 15 家最大的企业客户迁移到新平台上。</p>
<p>然而，它并没有止步于此。它最近还增加了视觉 AI，使其能够将视觉识别与语音代理配对，从而打开更多的应用场景。它还最近宣布收购了一家名为 Interactions 的公司，以进一步增强其 AI 代理的能力。</p>
<p>即使在推进代理人工智能之前，SoundHound 也处于高速增长模式。第二季度收入同比增长 217%，达到 4270 万美元，远超预期。管理层还将全年收入指引上调至 1.6 亿至 1.78 亿美元，并预计到 2025 年底实现调整后 EBITDA 盈利。尽管 Amelia 收购初期面临一些压力，但毛利率仍然环比改善。</p>
<h2>SoundHound 的股票值得购买吗？</h2>
<p>尽管收入增长强劲，SoundHound 的股票仍然具有投机性。执行风险依然很高，因为代理人工智能领域竞争激烈，且有更大的参与者在其中，资金更为雄厚。然而，最近股价的回调似乎更多是情绪和估值的问题，而不是增长故事中的任何裂痕。</p>
<p>九月份的内部人士卖出并没有改变 SoundHound 的故事。它面临着巨大的机会，如果能够实现其代理人工智能的愿景，其长期上行潜力巨大。对于愿意忍受一些波动的投资者来说，SoundHound 是一只值得小规模投机性投资的成长股。</p>

SOUN

<p>SoundHound AI 的股票经历了波动，近期高管在 10b5-1 计划下进行了内部出售。尽管存在担忧，这些销售似乎是常规操作，高管们仍持有大量股票。公司专注于推进其人工智能技术，特别是在自主智能方面，此前收购了 Amelia。SoundHound 的收入同比激增 217%，管理层提高了收入指引。尽管由于竞争，股票仍然具有投机性，但长期增长潜力显著，使其成为小额投机投资的候选者</p>

<p><strong>SoundHound AI</strong>(SOUN 0.31%) share prices have been volatile over the past year, which can put insider selling under the microscope. In September, three top executives sold stock: CTO Timothy Stonehocker sold about 2,200 shares, VP of Engineering Majid Emami unloaded roughly 36,000 shares, and CFO Nitesh Sharan sold more than 60,000 shares. These trades were also made under 10b5-1 plans, which means they were pre-scheduled.</p>
<div class="lb-trans"><p><strong>SoundHound AI</strong>(SOUN 0.31%) 的股价在过去一年中波动较大，这可能会引起对内部人士卖出股票的关注。在九月份，三位高管出售了股票：首席技术官 Timothy Stonehocker 出售了约 2,200 股，工程副总裁 Majid Emami 卖出了大约 36,000 股，首席财务官 Nitesh Sharan 卖出了超过 60,000 股。这些交易也都是在 10b5-1 计划下进行的，这意味着它们是预先安排的。</p>
</div><p>The sales were small in context, and all three execs continue to own a lot of stock. As such, this doesn't look like executives were rushing for the exits, but instead routine selling after a strong run in the stock. Meanwhile, insider selling has not been a reliable indicator of SoundHound AI's past performance.</p>
<div class="lb-trans"><p>从整体来看，这些销售数量较小，三位高管仍持有大量股票。因此，这并不意味着高管们急于退出，而是股票在强劲表现后的常规出售。同时，内部人士的卖出并不是 SoundHound AI 过去表现的可靠指标。</p>
</div><p>While sometimes the headlines of executive selling can be alarming, it's generally not something that most investors should worry about. Executives sell shares for a lot of reasons, and often much of their compensation comes in the form of stock.</p>
<div class="lb-trans"><p>虽然高管出售股票的新闻有时可能令人担忧，但通常这并不是大多数投资者需要担心的事情。高管出售股票有很多原因，通常他们的薪酬大部分以股票形式发放。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzU2NDIvZ2V0dHlpbWFnZXMtMTQzMjQ1Nzk2OS5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F835642%2Fgettyimages-1432457969.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>Looking to be an agentic AI leader</h2>
<div class="lb-trans"><h2>寻求成为代理人工智能领导者</h2>
</div><p>The bigger story is what SoundHound is building. It started as an artificial intelligence (AI) voice company, whose speech-to-meaning and deep-meaning understanding technology goes beyond traditional speech recognition and can interpret a user's intent in real time. That technology has found strong acceptance in the auto industry, powering voice assistants in vehicles for Hyundai, <strong>Stellantis</strong>, and others. It has also made strong inroads in restaurants, powering drive-thru, phone, and kiosk ordering for several big chains.</p>
<div class="lb-trans"><p>更大的故事是 SoundHound 正在构建的内容。它最初是一家人工智能（AI）语音公司，其语音到意义和深层理解技术超越了传统的语音识别，能够实时解读用户的意图。这项技术在汽车行业得到了强烈认可，为现代汽车、<strong>Stellantis</strong> 等公司的车辆提供语音助手。它在餐饮行业也取得了显著进展，为多个大型连锁店提供了自驾、电话和自助点餐服务。</p>
</div><p>However, the SoundHound story became even more interesting when it acquired a company called Amelia last year. Amelia specialized in virtual agents in complicated, regulated industries like healthcare and financial services. These industries all have their own jargon and compliance requirements, so Amelia brought with it both new technology and an impressive client list. SoundHound then combined its advanced speech-to-meaning platform with Amelia's conversational intelligence to create a far more capable agent.</p>
<div class="lb-trans"><p>然而，当 SoundHound 去年收购了一家名为 Amelia 的公司时，故事变得更加有趣。Amelia 专注于在复杂的受监管行业（如医疗保健和金融服务）中提供虚拟代理。这些行业都有自己的术语和合规要求，因此 Amelia 带来了新技术和令人印象深刻的客户名单。SoundHound 随后将其先进的语音到意义平台与 Amelia 的对话智能结合起来，创造了一个更强大的代理。</p>
</div><p>The launch of Amelia 7.0 this year was a key step forward in SoundHound's agent AI push. The platform's AI agents act like a digital employee that understands intent and interacts naturally with people to help complete tasks autonomously. It can integrate with ERP and CRM platforms, medical systems, banking, and insurance. This makes it useful for more than just voice commands, as it can actually resolve problems or complete transactions end-to-end.</p>
<div class="lb-trans"><p>今年 Amelia 7.0 的推出是 SoundHound 在代理人工智能推进中的关键一步。该平台的 AI 代理像数字员工一样，理解意图并与人自然互动，以帮助自主完成任务。它可以与 ERP 和 CRM 平台、医疗系统、银行和保险进行集成。这使得它不仅仅用于语音命令，因为它实际上可以解决问题或完成端到端的交易。</p>
</div><p>This is where SoundHound's biggest growth potential lies. A platform that can cut customer service costs by automating routine work has a compelling value proposition. The company is already migrating 15 of its largest enterprise clients onto the new platform.</p>
<div class="lb-trans"><p>这就是 SoundHound 最大的增长潜力所在。一个能够通过自动化常规工作来降低客户服务成本的平台具有强大的价值主张。该公司已经将 15 家最大的企业客户迁移到新平台上。</p>
</div><p>However, it isn't stopping there. It also recently added vision AI, giving it the ability to pair visual recognition with its voice agents, which opens up more use cases. It also recently announced it is acquiring a company called Interactions to further enhance the abilities of its AI agents.</p>
<div class="lb-trans"><p>然而，它并没有止步于此。它最近还增加了视觉 AI，使其能够将视觉识别与语音代理配对，从而打开更多的应用场景。它还最近宣布收购了一家名为 Interactions 的公司，以进一步增强其 AI 代理的能力。</p>
</div><p>Even before its push into agentic AI, SoundHound was in hypergrowth mode. Revenue jumped 217% year over year to $42.7 million in the second quarter, which was well above expectations. Management also raised its full-year revenue guidance to between $160 million to $178 million and expects to reach adjusted EBITDA profitability by the end of 2025. Gross margins improved sequentially despite some initial pressure from the Amelia acquisition.</p>
<div class="lb-trans"><p>即使在推进代理人工智能之前，SoundHound 也处于高速增长模式。第二季度收入同比增长 217%，达到 4270 万美元，远超预期。管理层还将全年收入指引上调至 1.6 亿至 1.78 亿美元，并预计到 2025 年底实现调整后 EBITDA 盈利。尽管 Amelia 收购初期面临一些压力，但毛利率仍然环比改善。</p>
</div><h2>Is SoundHound's stock a buy?</h2>
<div class="lb-trans"><h2>SoundHound 的股票值得购买吗？</h2>
</div><p>Despite its strong revenue growth, SoundHound's stock is still speculative. Execution risk remains high because competition in agentic AI is intense, and there are bigger players in the space with deeper pockets. However, the recent pullback in the stock looks more about sentiment and valuation than any cracks in the growth story.</p>
<div class="lb-trans"><p>尽管收入增长强劲，SoundHound 的股票仍然具有投机性。执行风险依然很高，因为代理人工智能领域竞争激烈，且有更大的参与者在其中，资金更为雄厚。然而，最近股价的回调似乎更多是情绪和估值的问题，而不是增长故事中的任何裂痕。</p>
</div><p>Insider selling in September doesn't change the SoundHound story. It has a huge opportunity ahead, and if it can deliver on its agentic AI vision, its long-term upside potential is huge. For investors willing to ride out some volatility, SoundHound is a growth stock worth having a small, speculative position in.</p>
<div class="lb-trans"><p>九月份的内部人士卖出并没有改变 SoundHound 的故事。它面临着巨大的机会，如果能够实现其代理人工智能的愿景，其长期上行潜力巨大。对于愿意忍受一些波动的投资者来说，SoundHound 是一只值得小规模投机性投资的成长股。</p>
</div>

SoundHound AI 股票：投资者是否应该担心高管最近的内部出售行为？