SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers in the United States, Korea, France, Japan, Germany, and internationally. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant. The company’s products also include CaiNET software that uses machine learning to enhance how domains work together to handle queries; CaiLAN software that arbitrates responses, so users get answers from the right domain; Dynamic Interaction a real-time, multimodal customer service interface; Smart Ordering which offers an easy-to-understand voice assistant for restaurants; automatic speech recognition; natural language understanding; wake words; custom domains; text-to-speech; Employee Assist; and embedded voice solutions. The company was founded in 2005 and is headquartered in Santa Clara, California.
AI Voice Revolution | Explore SoundHound AI's innovative voice-enabled solutions, including Chat GPT integration, reshaping customer interactions in restaurants and automotive industries |
Financial Fortitude | Delve into SoundHound AI's strengthened financial position, with over $200 million in cash and a simplified balance sheet, positioning it for future growth |
Market Momentum | Learn how SoundHound AI's stock outperformed the Russell 2000 index by 130%, with analysts setting price targets ranging from $4.90 to $7.00 |
Strategic Expansion | Discover SoundHound AI's strategic moves, including the Allset acquisition and Stellantis partnership, potentially opening new revenue streams in voice commerce |
Metrics to compare | SOUN | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSOUNPeersSector | |
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P/E Ratio | −11.6x | −6.5x | 11.6x | |
PEG Ratio | 0.07 | −0.04 | 0.01 | |
Price/Book | 22.3x | 1.6x | 2.4x | |
Price / LTM Sales | 48.0x | 3.6x | 2.1x | |
Upside (Analyst Target) | 26.1% | 86.8% | 27.8% | |
Fair Value Upside | Unlock | 1.7% | 6.9% | Unlock |