About SoundHound AI, Inc. - Class A Common Stock (SOUN)
SoundHound AI, Inc. is a technology company that specializes in voice-enabled AI and conversational intelligence. They develop innovative solutions that allow businesses to enhance customer engagement through natural language processing and speech recognition technologies. The company's flagship product, SoundHound, enables users to interact with devices and services using voice commands, while its AI-driven platform offers tools for speech-to-text, voice search, and personalized experiences. By leveraging advanced machine learning algorithms, SoundHound AI aims to transform how people and businesses communicate, providing seamless and intuitive interactions in various applications, from music recognition to virtual assistants and customer service automation. Read More
Shares of voice AI recognition company SoundHound (NASDAQ:SOUN) jumped 4.9% in the pre market session after the company announced a collaboration with Peter Piper Pizza to roll out conversational voice AI for phone orders. The new system, which is now live across all Peter Piper Pizza locations in Arizona and Albuquerque, NM, will allow customers to place orders by speaking naturally over the phone. The voice AI agent is designed to handle multiple calls at once, which can improve efficiency and ensure no call is missed, even during peak hours. This allows restaurant staff to focus more on food preparation and in-person customer service. The news provided a positive catalyst for the stock, seemingly outweighing a recent downgrade from Piper Sandler, which had cited concerns about the company's outlook for the second half of 2025.
SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, and Peter Piper Pizza, the iconic pizza and family entertainment destination, today announced a collaboration that allows guests to place phone orders for pick-up through a conversational voice AI agent. This new system understands natural speech and is trained on Peter Piper Pizza’s full menu – including handcrafted pizzas, wings, desserts, and family meal deals – making ordering faster, easier, and more efficient for both guests and staff.
Shares of voice AI recognition company SoundHound (NASDAQ:SOUN) fell 4.5% in the morning session after the company received a downgrade from a Wall Street analyst. Piper Sandler adjusted its rating on the voice AI and conversational intelligence company from "Overweight" to "Neutral," citing concerns about the company's outlook for the second half of 2025.
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The Koyfin-compiled consensus analysts’ price target for SoundHound stock is $11.81, implying roughly 7% downside potential from Tuesday’s closing price.
U.S. major indices ended mixed on Tuesday, as the Dow Jones Industrial Average slipped nearly 0.4% to 44,240.76 and the S&P 500 edged down 0.1% to 6,225.52.
