SoundHound AI, Inc. (SOUN)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
$4.32+4.85%
Close 2026-11-04 · 1-day change
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
QuarterlyIQ Insights · SOUN
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -0.9% |
| Our one-year growth estimate | diamond | 56.2% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 57.1 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 36 industry peers · Company calendar date is not available
SOUN — restructuring
Dated 2026-11-05
Costs Associated with Exit or Disposal Activities. On November 4, 2026, the Company implemented a restructuring plan (the “Plan”) intended to align our teams and resources with our strategic priorities to drive long-term profitability. The Plan includes a reduction of the Company’s current global workforce by approximately 27%. Decisions regarding the elimination of positions are subject to local law and consultation requirements in certain countries, as well as the Company’s business needs.…
Why it matters: Q2 adjusted EBITDA loss narrowed to $9.6M from $14.3M a year earlier. Better margins and a smaller loss would support progress toward profit.
Supportive ifQ3 non-GAAP gross margin stays at or above 58.4%, and the adjusted EBITDA loss is smaller than $9.6M.
Worry ifQ3 non-GAAP gross margin falls below 58.4%, or the adjusted EBITDA loss grows beyond $9.6M.
Why it matters: SoundHound had $203M in cash and no debt at Q2, but used $60M in operating cash that quarter. New results can show how the deal changes cash use.
Worry ifQuarterly cash from operations is below zero and cash falls from the $203M reported at June 30, 2026.
Less concerning ifQuarterly cash from operations reaches zero or better, with cash at or above $203M.
Why it matters: Q2 revenue reached $61.9M, and SoundHound raised its full-year outlook. Q3 results will show whether growth stays on that path.
Watch forQ3 revenue growth keeps the company on track for at least $230M in 2026 revenue.
Also watch forSoundHound cuts its 2026 revenue outlook below $230M.
Why it matters: Management linked major enterprise deals to OASYS. More revenue from those deals would show that customer interest is turning into sales.
Supportive ifA later report links added revenue or new customer use to OASYS, beyond the major deals named in Q2.
Worry ifA later report names no new OASYS customer use and does not link revenue growth to OASYS.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$238 on $10,000 · ±2.4% | How much price usually moves either way. |
| Bad day | $715 loss on $10,000 · 7.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $7,398 loss on $10,000 · 74.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.