TL;DR
- Our 2030 scenarios: about $2 a share if growth slows, about $6 in the middle, and about $15 if it keeps growing quickly.
- Q3 revenue rose 48.5% to $62.4 million, and it expects $350 to $400 million in 2027, with an adjusted profit in the second half of that year.
- Analysts’ average target is about $12.57, but those targets were set before the November 5 report, and the stock slid after it.
- LemonTrades tells you what moved SoundHound, and why, as it happens, and warns you before its earnings.
SoundHound makes voice assistants for cars, restaurants and call centers. Here’s the math on what it would take to go higher from here.
How we got there
| Bear | Base | Bull | |
|---|---|---|---|
| 2030 revenuefrom $375 million in 2027 | $570M | $824M | $1.14B |
| Price-to-sales multiple | 2× | 4× | 7× |
| Company value | $1.1B | $3.3B | $8B |
| Per shareabout 550 million shares | $2 | $6 | $15 |
We start from the middle of the company’s 2027 forecast. It has about 444 million shares now, and we assume about 550 million by 2030, since it has often paid for deals with stock and isn’t yet profitable.
Where SoundHound stands
- Third quarter: revenue of $62.4 million, up 48.5%, and an adjusted EBITDA loss of $20.7 million.
- Cash: $207.6 million.
- Forecasts: $250 to $260 million in 2026 and $350 to $400 million in 2027, with an adjusted profit in the second half of 2027.
- Changes: it completed its LivePerson deal on September 4 and cut 27% of its workforce.
What analysts say
Eight analysts rate it a Buy on average, with targets from $6 to $17 and an average of $12.57. Those targets were last updated on October 7, before the latest report, so some may come down. The stock’s 52-week range is $3.88 to $15.68.
What could go wrong
- Competition: OpenAI, Google and Amazon all have voice AI, and they have far more money.
- Deals: much of the growth comes from buying companies, so it’s harder to judge the underlying business.
- Losses: if the 2027 profit target slips, it may need to sell more shares.
- Volatility: small AI stocks can double or halve quickly.
Compare the approach with Palantir’s 2030 scenarios. Before buying any small stock, see how to evaluate investment risks.
Sources
- SEC: SoundHound’s third-quarter 2026 results
- Motley Fool: SoundHound’s earnings call
- StockAnalysis: SoundHound analyst forecasts
Education, not financial advice. These are illustrations, not forecasts. See our disclaimer.
