SoundHound AI (SOUN) Stock: Analysts Project 75% Gains Ahead of Q1 Earnings

Key Takeaways Q1 2026 earnings release scheduled for May 7; Wall Street projects revenue between $42.5M and $42.8M, marking approximately 46% annual growth Shares have fallen roughly 18% in 2026 so far and plunged 66% since hitting December 2024 highs Wall Street maintains Strong Buy rating with consensus price target of $14.00, indicating potential gains near 75% Company announced acquisition of LivePerson, marking its most significant deal to date 2026 revenue outlook set at $225M to $260M; pathway to profitability continues to dominate investor discussions As SoundHound AI approaches its first-quarter 2026 financial results on May 7, investors and analysts are paying close attention. The company’s shares have struggled this year, declining approximately 18%, prompting questions about whether its expansion narrative can withstand current headwinds. SoundHound AI, Inc., SOUN Wall Street forecasters anticipate first-quarter revenue ranging from $42.5 million to $42.8 million, representing year-over-year expansion of about 46%. This projection follows an impressive fourth quarter performance that saw the company generate $55.1 million in revenue, climbing 59% compared to the prior year. Looking at the complete fiscal year, management has established revenue guidance between $225 million and $260 million. This represents significant growth from the record $168.9 million achieved in 2025, which had already nearly doubled the $84.7 million reported during 2024. Yet the stock price tells a different story. SOUN shares have tumbled approximately 66% from the December 2024 high of $22.17, currently changing hands near $8.02. Wall Street Maintains Optimistic Outlook Despite recent weakness, analyst sentiment remains firmly positive. TipRanks data shows SOUN holds a Strong Buy consensus, derived from five Buy recommendations and a single Hold rating issued over the last three months. The mean price target stands at $14.00, implying potential appreciation of approximately ...