SoundHound AI, Inc. $SOUN Holdings Boosted by Rakuten Securities Inc.

Rakuten Securities Inc. raised its position in shares of SoundHound AI, Inc. (NASDAQ:SOUN) by 877.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 333,605 shares of the company’s stock after acquiring an additional 299,492 shares during the period. SoundHound AI accounts for 1.1% of Rakuten Securities Inc.’s investment portfolio, making the stock its 20th biggest position. Rakuten Securities Inc.’s holdings in SoundHound AI were worth $3,326,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of SoundHound AI by 16.4% in the third quarter. Vanguard Group Inc. now owns 43,457,569 shares of the company’s stock worth $698,798,000 after buying an additional 6,132,648 shares during the period. State Street Corp grew its holdings in shares of SoundHound AI by 9.1% during the second quarter. State Street Corp now owns 8,476,348 shares of the company’s stock valued at $90,951,000 after buying an additional 708,369 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in SoundHound AI by 13.4% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,697,346 shares of the company’s stock valued at $91,604,000 after buying an additional 672,714 shares during the period. Northern Trust Corp lifted its stake in SoundHound AI by 1.2% in the 3rd quarter. Northern Trust Corp now owns 3,181,651 shares of the company’s stock worth $51,161,000 after acquiring an additional 38,966 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in SoundHound AI by 69.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,639,689 shares of the company’s stock worth $21,434,000 after acquiring an additional 1,085,473 shares in the last quarter. Hedge funds and other institutional investors own 19.28% of the company’s stock.

Insider Buying and Selling

In other news, CEO Keyvan Mohajer sold 124,510 shares of the stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $6.79, for a total transaction of $845,422.90. Following the transaction, the chief executive officer owned 2,073,777 shares of the company’s stock, valued at approximately $14,080,945.83. This represents a 5.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Majid Emami sold 31,019 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $6.79, for a total value of $210,619.01. Following the completion of the transaction, the senior vice president directly owned 501,826 shares in the company, valued at $3,407,398.54. The trade was a 5.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 307,973 shares of company stock valued at $2,091,110. 9.17% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have commented on SOUN shares. Piper Sandler restated a “neutral” rating and set a $9.00 price objective (down from $11.00) on shares of SoundHound AI in a research report on Friday, February 27th. Zacks Research raised shares of SoundHound AI from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. HC Wainwright decreased their price target on shares of SoundHound AI from $26.00 to $20.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SoundHound AI in a research report on Friday, January 9th. Finally, DA Davidson reiterated a “buy” rating and issued a $14.00 target price on shares of SoundHound AI in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, SoundHound AI presently has an average rating of “Moderate Buy” and an average price target of $14.93.

SoundHound AI Trading Down 4.9%

SoundHound AI stock opened at $7.82 on Friday. The company has a market capitalization of $3.31 billion, a P/E ratio of -156.37 and a beta of 2.71. The firm’s fifty day simple moving average is $7.44 and its 200-day simple moving average is $10.90. SoundHound AI, Inc. has a 1-year low of $5.83 and a 1-year high of $22.17.

SoundHound AI (NASDAQ:SOUN) last released its quarterly earnings data on Thursday, February 26th. The company reported ($0.02) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.02). The business had revenue of $55.06 million during the quarter, compared to analyst estimates of $53.88 million. SoundHound AI had a negative net margin of 8.71% and a negative return on equity of 3.63%. SoundHound AI’s quarterly revenue was up 59.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.05) EPS. On average, equities research analysts predict that SoundHound AI, Inc. will post -0.34 earnings per share for the current year.

More SoundHound AI News

Here are the key news stories impacting SoundHound AI this week:

• Positive Sentiment: Announced agreement to acquire LivePerson (~$43M), creating an omnichannel conversational-AI platform that combines SoundHound’s voice/agentic AI with LivePerson’s messaging scale — a strategic move that could materially expand addressable market and cross‑sell opportunities. SoundHound to buy LivePerson to expand conversational AI
• Positive Sentiment: Wedbush and other analysts describe the LivePerson deal as strengthening SoundHound’s market position and adding scale/data — a bullish take that supports longer-term growth thesis. SoundHound AI strengthens position with LivePerson acquisition, says Wedbush
• Positive Sentiment: DA Davidson reiterated a Buy rating and set a $14 price target (implying significant upside from current levels), giving institutional endorsement of the acquisition-driven story. DA Davidson Reiterates Buy Rating for SoundHound AI (NASDAQ:SOUN)
• Positive Sentiment: Commercial traction: Casey’s expanded and renewed use of SoundHound’s AI ordering agents across 2,600+ stores (already >21M guest interactions), evidence of growing real-world deployments and revenue durability. Casey’s Expands Partnership with SoundHound AI
• Neutral Sentiment: Company set to report Q1 results and host a webcast on May 7 — upcoming results and management commentary will be a near-term catalyst for sentiment and could clarify financial impact of the LivePerson deal. SoundHound AI To Report 2026 First Quarter Financial Results
• Neutral Sentiment: Analyst commentary highlights a large potential revenue upside (some estimates cite a ~$500M opportunity) but compares SOUN to peers (e.g., Cerence) — useful context but not decisive until integration results are visible. SoundHound vs. Cerence: Which Voice AI Stock Has Stronger Potential?
• Negative Sentiment: Prominent sell-side/media skepticism: Jim Cramer said on TV that “we cannot be in SoundHound,” a high-visibility negative takeaway that can pressure sentiment and trigger short-term selling. Cramer’s lightning round: ‘We cannot be in SoundHound’
• Negative Sentiment: Some analysts/writers urge caution on valuation and integration risks despite strategic logic, creating a mixed market reaction as investors weigh execution risk versus upside. Wedbush has blunt message for SoundHound AI stock investors

SoundHound AI Company Profile

SoundHound AI, Inc is a voice AI and conversational intelligence company specializing in speech recognition, natural language understanding and sound identification technologies. Founded in 2005 and headquartered in Santa Clara, California, the company initially gained recognition with its music discovery app before pivoting to enterprise-grade voice AI solutions. Over the years, SoundHound AI has built a comprehensive platform that enables developers and businesses to embed conversational intelligence into a wide range of products and services.

The company’s core offering is the Houndify voice AI platform, which provides customizable speech-to-meaning technology, domain-specific natural language understanding and text-to-speech capabilities.