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.