<p><strong>SoundHound AI</strong>(SOUN -1.00%) 今年經歷了相當波動的一年。但更多的激動在前方，我認為現在是時候為下一波攀升做好準備了。</p>
<p>儘管其負面收益和令人擔憂的估值比率，SoundHound AI 作為一顆未經雕琢的鑽石脱穎而出。這家語音控制專家的股票目前較其先前高點大幅下跌，但不要因此而灰心。我看到這家小型人工智能 (AI) 強勁企業有着廣闊的未來，今天仍然認為它是&#34;被低估&#34;的。</p>
<h2>SoundHound AI 詳細分析</h2>
<p>SoundHound AI 專注於語音人工智能和對話智能技術，這些領域在我們由科技驅動的世界中變得日益重要。憑藉總額高達 6.82 億美元的長期合同積壓，這家公司擁有一條清晰的未來收入路徑，而這一點似乎被當前市場價格大多忽視了。</p>
<p>是的，股價從今年 2 月初以來已翻了一番多，當時人工智能巨頭 <strong>Nvidia</strong>(NVDA -0.36%) 宣佈對 SoundHound AI 股票進行了小規模投資。但它遠低於 2022 年春季通脹嚴重時首次公開募股 (IPO) 後不久記錄的將近 14 美元的最高價。</p>
<p>順便説一句，圍繞 Nvidia 投資的市場熱情不僅僅是炒作。這是一個來自被證明的科技巨頭對 SoundHound AI 長期潛力的認可。雖然股價後來有所降温，但公司的基本面卻一點也不冰冷。</p>
<h2>財務指標和增長前景</h2>
<p>儘管目前尚未盈利且估值比率較高，SoundHound AI 的財務狀況仍然強勁。如上所述的訂單積壓截至 2024 年第一季度達到近 7 億美元，較去年同期的 3.36 億美元有所增長。這一積壓反映了客户承諾的合同和對訂閲服務的現實採納估計，為未來收入奠定了堅實基礎。</p>
<p>這一欄中的飆升餘額表明，客户對 SoundHound AI 的服務興趣高漲，積壓應該隨着時間轉化為收入。目前，該股價約為積壓的 1.9 倍。</p>
<p>將積壓與銷售額比率進行比較可能會產生誤導，因為積壓代表未來潛在收入，而銷售額比率基於當前收入。</p>
<p>因此，將積壓與銷售額比率進行完全對等比較並不公平，這家股票的 25.5 倍倍數看起來昂貴 -- 完成收入生成服務可能需要數年時間。儘管如此，大多數成長股都會為這樣的積壓而賣掉自己的母親。</p>
<p>此外，SoundHound 擁有強大的財務基礎。擁有 1.8 億美元的現金餘額，僅有 8550 萬美元的長期債務，SoundHound 有能力繼續其增長軌跡。這一堅實基礎對於一家渴望增長的新興公司的高速增長階段至關重要，使公司能夠在優化其頂線增長軌跡的同時承受底線損失。換句話説，如果沒有 SoundHound AI 願意通過債券和公開市場股票銷售來融資這一業務階段，那麼這一龐大的訂單積壓就不會存在。</p>
<h2>長期增長定位</h2>
<p>SoundHound AI 可能看起來像一次驚險的旅程，但這正是它的魅力所在。當然，股價曾經出現過一些急劇下跌，但基本面描繪出一個充滿希望的畫面。公司的長期合同積壓龐大，其戰略舉措使其為未來增長做好了準備。</p>
<p>投資者應該為一段顛簸的旅程做好準備，但潛在的回報應該值得這段不舒適的旅程。SoundHound AI 的創新技術，加上其令人印象深刻的積壓，表明這個增長故事才剛剛開始 -- 這家公司成立近 20 年後。</p>
<p>對於那些願意擁抱一些刺激並經歷曲折的人來説，SoundHound AI 可能是獲得超越市場回報的鑰匙。它不是一隻經典的價值股，但在當前過熱的人工智能領域中很難找到比 Nvidia 高估值更好的購買選擇。我肯定會在加倍看好 Nvidia 的高估值之前長期持有 SoundHound AI 股票。</p>

米塔金融

<p>SoundHound AI 是一家被低估的股票，在語音人工智能和對話智能領域有着光明的未來。儘管目前股價較低，但公司擁有價值 6.82 億美元的長期合同積壓，預示着潛在的未來收入。憑藉穩健的財務狀況，包括 1.8 億美元的現金餘額和可控的債務，SoundHound AI 為長期增長做好了準備。投資者應該做好市場波動的準備，但可能會看到超越市場的回報</p>

<p><strong>SoundHound AI</strong>(SOUN -1.00%) has had quite the roller-coaster ride this year. But there's more excitement ahead, and I say it's time to buckle up for the next climb.</p>
<div class="lb-trans"><p><strong>SoundHound AI</strong>(SOUN -1.00%) 今年經歷了相當波動的一年。但更多的激動在前方，我認為現在是時候為下一波攀升做好準備了。</p>
</div><p>Despite its negative earnings and eyebrow-raising valuation ratios, SoundHound AI stands out as a diamond in the rough. The voice-control specialist's stock is currently down by a significant margin from its previous highs, but don't let that discourage you. Here's why I see a big future for this little artificial intelligence (AI) powerhouse, and why I'd still call it &#34;undervalued&#34; today.</p>
<div class="lb-trans"><p>儘管其負面收益和令人擔憂的估值比率，SoundHound AI 作為一顆未經雕琢的鑽石脱穎而出。這家語音控制專家的股票目前較其先前高點大幅下跌，但不要因此而灰心。我看到這家小型人工智能 (AI) 強勁企業有着廣闊的未來，今天仍然認為它是&#34;被低估&#34;的。</p>
</div><h2>A closer look at SoundHound AI</h2>
<div class="lb-trans"><h2>SoundHound AI 詳細分析</h2>
</div><p>SoundHound AI focuses on voice AI and conversational intelligence technologies, fields that are becoming increasingly vital in our tech-driven world. With a backlog of long-term contracts totaling a whopping $682 million, this company has a clear path to future income that seems largely ignored by the current market price.</p>
<div class="lb-trans"><p>SoundHound AI 專注於語音人工智能和對話智能技術，這些領域在我們由科技驅動的世界中變得日益重要。憑藉總額高達 6.82 億美元的長期合同積壓，這家公司擁有一條清晰的未來收入路徑，而這一點似乎被當前市場價格大多忽視了。</p>
</div><p>Yes, the stock has more than doubled from early February, when AI giant <strong>Nvidia</strong>(NVDA -0.36%) announced a small investment in SoundHound AI stock. But it stands far below the nearly $14 peak price recorded shortly after the initial public offering (IPO) in the inflation-burdened spring of 2022.</p>
<div class="lb-trans"><p>是的，股價從今年 2 月初以來已翻了一番多，當時人工智能巨頭 <strong>Nvidia</strong>(NVDA -0.36%) 宣佈對 SoundHound AI 股票進行了小規模投資。但它遠低於 2022 年春季通脹嚴重時首次公開募股 (IPO) 後不久記錄的將近 14 美元的最高價。</p>
</div><p>The market buzz around Nvidia's investment was more than hype, by the way. It was a nod from a proven tech giant recognizing SoundHound AI's long-term potential. While the stock has since cooled off, the company's fundamentals are anything but frosty.</p>
<div class="lb-trans"><p>順便説一句，圍繞 Nvidia 投資的市場熱情不僅僅是炒作。這是一個來自被證明的科技巨頭對 SoundHound AI 長期潛力的認可。雖然股價後來有所降温，但公司的基本面卻一點也不冰冷。</p>
</div><h2>Financial metrics and growth prospects</h2>
<div class="lb-trans"><h2>財務指標和增長前景</h2>
</div><p>Despite its current unprofitability and high valuation ratios, SoundHound AI's financial health remains robust. The order backlog mentioned above amounts to nearly $700 million as of Q1 2024, up from $336 million in the year-ago period. This backlog reflects committed client contracts and realistic adoption estimates for subscription services, providing a solid foundation for future revenue.</p>
<div class="lb-trans"><p>儘管目前尚未盈利且估值比率較高，SoundHound AI 的財務狀況仍然強勁。如上所述的訂單積壓截至 2024 年第一季度達到近 7 億美元，較去年同期的 3.36 億美元有所增長。這一積壓反映了客户承諾的合同和對訂閲服務的現實採納估計，為未來收入奠定了堅實基礎。</p>
</div><p>A skyrocketing balance in this column suggests that customer interest for SoundHound AI's services is high and rising, and the backlog should convert into revenues over time. The stock is worth about 1.9 times that backlog today.</p>
<div class="lb-trans"><p>這一欄中的飆升餘額表明，客户對 SoundHound AI 的服務興趣高漲，積壓應該隨着時間轉化為收入。目前，該股價約為積壓的 1.9 倍。</p>
</div><p>Comparing backlog to price-to-sales ratios can be misleading because backlog represents future potential revenue, whereas price-to-sales is based on current revenue.</p>
<div class="lb-trans"><p>將積壓與銷售額比率進行比較可能會產生誤導，因為積壓代表未來潛在收入，而銷售額比率基於當前收入。</p>
</div><p>So it's not an entirely fair apples-to-apples comparison to price-to-sales figures, where this stock looks expensive with a 25.5x multiple -- it should take years to complete the revenue-generating services. Still, most growth stocks would sell their proverbial mothers for a backlog like that.</p>
<div class="lb-trans"><p>因此，將積壓與銷售額比率進行完全對等比較並不公平，這家股票的 25.5 倍倍數看起來昂貴 -- 完成收入生成服務可能需要數年時間。儘管如此，大多數成長股都會為這樣的積壓而賣掉自己的母親。</p>
</div><p>Moreover, SoundHound's comes with a robust financial base. With a cash balance of $180 million and only $85.5 million of long-term debt, SoundHound is well-equipped to continue its growth trajectory. This solid foundation is crucial to the hypergrowth phase of a hungry upstart, allowing the company to take bottom-line losses while optimizing its top-line growth trajectory. In other words, that massive order backlog wouldn't be what it is without SoundHound AI's willingness to finance this business stage through debt papers and open-market stock sales.</p>
<div class="lb-trans"><p>此外，SoundHound 擁有強大的財務基礎。擁有 1.8 億美元的現金餘額，僅有 8550 萬美元的長期債務，SoundHound 有能力繼續其增長軌跡。這一堅實基礎對於一家渴望增長的新興公司的高速增長階段至關重要，使公司能夠在優化其頂線增長軌跡的同時承受底線損失。換句話説，如果沒有 SoundHound AI 願意通過債券和公開市場股票銷售來融資這一業務階段，那麼這一龐大的訂單積壓就不會存在。</p>
</div><h2>Positioned for long-term growth</h2>
<div class="lb-trans"><h2>長期增長定位</h2>
</div><p>SoundHound AI might seem like a wild ride, but that's part of its charm. Sure, the stock has taken some steep dives, but the fundamentals paint a promising picture. The company's backlog of long-term contracts is substantial, and its strategic moves have positioned it well for future growth.</p>
<div class="lb-trans"><p>SoundHound AI 可能看起來像一次驚險的旅程，但這正是它的魅力所在。當然，股價曾經出現過一些急劇下跌，但基本面描繪出一個充滿希望的畫面。公司的長期合同積壓龐大，其戰略舉措使其為未來增長做好了準備。</p>
</div><p>Investors should be prepared for a bumpy journey, but the potential rewards should be worth the uncomfortable ride. SoundHound AI's innovative technology, coupled with its impressive backlog, suggests that this growth story is just getting started -- nearly two decades after the company's founding.</p>
<div class="lb-trans"><p>投資者應該為一段顛簸的旅程做好準備，但潛在的回報應該值得這段不舒適的旅程。SoundHound AI 的創新技術，加上其令人印象深刻的積壓，表明這個增長故事才剛剛開始 -- 這家公司成立近 20 年後。</p>
</div><p>For those willing to embrace a bit of excitement and hold on through the twists and turns, SoundHound AI could be the ticket to market-beating returns. It's not a classic value stock, but it's hard to find a better buy in the overheated AI sector right now. I'd certainly buy SoundHound AI stock long before doubling down on Nvidia's lofty valuation.</p>
<div class="lb-trans"><p>對於那些願意擁抱一些刺激並經歷曲折的人來説，SoundHound AI 可能是獲得超越市場回報的鑰匙。它不是一隻經典的價值股，但在當前過熱的人工智能領域中很難找到比 Nvidia 高估值更好的購買選擇。我肯定會在加倍看好 Nvidia 的高估值之前長期持有 SoundHound AI 股票。</p>
</div>

SoundHound AI 是目前最被低估的人工智能（AI）股票，值得購買