- Market Overview
- Futures
- Options
- Custom Charts
- Spread Charts
- Market Heat Maps
- Historical Data
- Stocks
- Real-Time Markets
- Site Register
- Mobile Website
- Trading Calendar
- Futures 101
- Commodity Symbols
- Real-Time Quotes
- CME Resource Center
- Farmer's Almanac
- USDA Reports
Should You Buy, Sell, or Hold SoundHound Stock on Its Amelia 7.0 AI Release?
/AI%20(artificial%20intelligence)/Hands%20of%20robot%20and%20human%20touching%20on%20big%20data%20network%20connection%20by%20PopTika%20via%20Shutterstock.jpg)
SoundHound (SOUN) shares are up 5% this afternoon after the voice AI specialist rolled out the latest version of its globally renowned Amelia platform.
Amelia 7.0 enables businesses to “harness the power of full, voice enabled Agentic AI,” the Nasdaq-listed firm said in a press release on Thursday.
It’s the only platform that embeds voice AI capabilities directly into artificial intelligence agents to help businesses “execute complex tasks as part of natural, humanlike interactions.”
Including today’s price action, SoundHound stock is up nearly 45% versus its low in early April.
Could Amelia 7.0 Unlock Further Upside in SoundHound Stock?
The Amelia 7.0 launch is significant for SoundHound shareholders as it strengthens the company’s hold on the voice AI market.
SOUN’s latest innovation could prove more attractive for global businesses, potentially improving adoption and accelerating revenue growth further over time.
Note that the company based out of Santa Clara, California is already growing at a fast clip. Consensus is for it to grow its revenue by a whopping 163% on a year-over-year basis to $30.46 million in Q1.
SoundHound is scheduled to report its first-quarter earnings today (May 8) after the bell. Ahead of it, SOUN shares are down more than 50% versus the start of 2025.
How High Could SOUN Shares Realistically Fly in 2025?
SoundHound stock has had a volatile few months, but an HC Wainwright analyst remains convinced that it will ultimately break to the upside.
The voice artificial intelligence company is seeing meaningful sales momentum across several industries, which, according to Scott Buck, will help SOUN come in near the higher end of its guided range for revenue ($157 million to $177 million) in 2025.
Buck expects the company’s push for cross-selling and upselling, together with seasonal factors, to result in a relatively strong second half this year.
HCW currently has a price target of $26 on the AI stock that signals potential upside of about 170% from here.
SoundHound Remains a Buy-Rated Stock
Continued innovation and fast-growing revenue keep the rest of Wall Street bullish on SOUN shares as well.
The consensus rating on SoundHound currently sits at “Moderate Buy” with the mean target of nearly $14 indicating potential upside of 45% from current levels.
On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.