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SoundHound AI Surges 11% on IDC Leader Recognition and Heavy Trading

The rally highlights upgraded 2025 revenue guidance to $160–$178 million despite a $12.63 Street target.

Overview

  • Shares rose 10.79% to $17.89 on Thursday at the time of publication, continuing a strong recent uptrend.
  • Intraday volume reached about 56 million shares, pointing to robust investor participation in the move.
  • IDC MarketScape named SoundHound a Leader in its 2025 assessment, citing accurate intent recognition and superior voice capabilities.
  • Management most recently lifted full‑year revenue guidance to $160 million to $178 million as enterprise adoption accelerates, including Amelia 7’s agentic AI launched in May.
  • Momentum indicators flashed near‑term risk, with a Benzinga Edge score of 96.55 and an RSI near 70 suggesting overbought conditions.