SoundHound AI reported minimal revenue growth of just $0.5 million in Q3 despite acquiring LivePerson, highlighting stagnant organic growth and reliance on mergers and acquisitions. GAAP gross margins fell sharply by 11 percentage points to 34.1%, while operating cash burn over nine months increased to $96 million. The company is also cutting 27% of its workforce. Trading at twice the sector median EV/Sales multiple, the stock is considered overvalued and a sell by the analyst.
SoundHound AI trades at USD 4.13 on Pluang as of Nov 10, 2026 03:21 WIB, near its 52-week low of USD 4.09. The stock's market cap stands at $2.01 billion with an enterprise value of $1.81 billion. Despite analyst concerns, Pluang users show 100% buy activity with a typical hold time of 27 days.
SoundHound's stock has fallen about 60% year-to-date, but it remains a compelling buy due to its strong AI software business, which benefits from recurring revenue and less regulatory risk compared to hardware suppliers. The company has enhanced its ...
SoundHound AI reported a record $62.4 million revenue in Q3 2026, up 48.5% year-over-year, driven by its OASYS AI platform and the recent acquisition of LivePerson. The company expects to achieve sustained adjusted EBITDA profitability in the second ...
