SoundHound AI (SOUN) to Release Earnings on Thursday

SoundHound AI (NASDAQ:SOUN) is anticipated to release its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect SoundHound AI to post earnings of ($0.05) per share and revenue of $42.5630 million for the quarter. Interested persons may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Thursday, May 7, 2026 at 5:00 PM ET.

SoundHound AI (NASDAQ:SOUN) last released its quarterly earnings results on Thursday, February 26th. The company reported ($0.02) earnings per share for the quarter, hitting the consensus estimate of ($0.02). SoundHound AI had a negative net margin of 8.71% and a negative return on equity of 3.63%. The business had revenue of $55.06 million for the quarter, compared to analysts’ expectations of $53.88 million. During the same period in the previous year, the company earned ($0.05) earnings per share. The firm’s revenue for the quarter was up 59.4% compared to the same quarter last year. On average, analysts expect SoundHound AI to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SoundHound AI Stock Down 4.0%

SoundHound AI stock traded down $0.38 during midday trading on Tuesday, hitting $9.09. 26,127,589 shares of the stock were exchanged, compared to its average volume of 27,281,902. SoundHound AI has a 52-week low of $5.83 and a 52-week high of $22.17. The stock has a market capitalization of $3.85 billion, a price-to-earnings ratio of -181.66 and a beta of 2.58. The business’s 50-day moving average price is $7.49 and its 200-day moving average price is $10.41.

More SoundHound AI News

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

• Positive Sentiment: Company product catalyst — SoundHound launched OASYS, a self-learning, orchestrated agentic AI platform that it says lets businesses create agents that build and improve themselves; this is a material commercial product announcement that could support longer-term revenue growth and enterprise deals. SoundHound AI Introduces OASYS
• Positive Sentiment: Analyst/media coverage highlighting upside potential — broader media pieces are naming select AI names (including small-cap AI names) as potential 2026 winners, which can attract investor interest and new buyers. 3 AI Stocks Under $50 That Could Be This Year’s Biggest Surprises
• Neutral Sentiment: Upcoming earnings are a near-term catalyst — SoundHound is scheduled to report Q1 results on May 7; with the stock’s recent volatility, investors are likely trimming positions or taking profits ahead of the print, increasing downside pressure. SoundHound to Post Q1 Earnings
• Neutral Sentiment: Technical/volume dynamics — recent coverage notes a sharp multi-week rally and a large single-day move that attracted higher-than-average volume; these technical factors create short-term momentum but also raise the chance of pullbacks. SoundHound AI (SOUN) Moves 20.1% Higher: Will This Strength Last?
• Negative Sentiment: Retail-driven hype and speculative flow — analysts and commentary warn the stock’s recent sharp gains were fueled by Reddit/retail setups and short-term trading, increasing the risk of a volatile unwind and making price action more sentiment-driven than fundamentals-driven. Skip the SoundHound Hype
• Negative Sentiment: Estimates and profitability remain a concern — while revenue growth has been strong, the company remains unprofitable and some coverage notes that recent earnings-estimate revision trends may not support sustaining the recent price spike, leaving downside risk if guidance or results disappoint. SoundHound AI (SOUN) Moves 20.1% Higher: Will This Strength Last?

Analyst Ratings Changes

Several research firms recently weighed in on SOUN. HC Wainwright cut their price target on shares of SoundHound AI from $26.00 to $20.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Piper Sandler restated a “neutral” rating and set a $9.00 price target (down from $11.00) on shares of SoundHound AI in a report on Friday, February 27th. Weiss Ratings restated a “sell (d-)” rating on shares of SoundHound AI in a report on Friday, January 9th. Zacks Research raised shares of SoundHound AI from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $14.00 price objective on shares of SoundHound AI in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $14.93.

Insider Buying and Selling

In other news, CEO Keyvan Mohajer sold 124,510 shares of the business’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 $845,422.90. Following the sale, the chief executive officer owned 2,073,777 shares of the company’s stock, valued at $14,080,945.83. The trade was a 5.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Majid Emami sold 31,019 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $6.79, for a total transaction of $210,619.01. Following the completion of the transaction, the senior vice president directly owned 501,826 shares of the company’s stock, valued at approximately $3,407,398.54. This represents a 5.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 307,973 shares of company stock valued at $2,091,110. Corporate insiders own 8.84% of the company’s stock.

Institutional Investors Weigh In On SoundHound AI

A number of institutional investors have recently made changes to their positions in SOUN. Northwestern Mutual Wealth Management Co. boosted its stake in shares of SoundHound AI by 83.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,336 shares of the company’s stock valued at $25,000 after purchasing an additional 1,060 shares in the last quarter. Danske Bank A S bought a new position in shares of SoundHound AI in the 3rd quarter worth about $26,000. Parallel Advisors LLC increased its stake in shares of SoundHound AI by 42.8% in the 3rd quarter. Parallel Advisors LLC now owns 3,204 shares of the company’s stock worth $52,000 after acquiring an additional 960 shares in the last quarter. Advisors Asset Management Inc. increased its stake in shares of SoundHound AI by 58.2% in the 4th quarter. Advisors Asset Management Inc. now owns 7,012 shares of the company’s stock worth $70,000 after acquiring an additional 2,579 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in SoundHound AI by 20.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,583 shares of the company’s stock valued at $86,000 after purchasing an additional 1,456 shares during the last quarter. Hedge funds and other institutional investors own 19.28% of the company’s stock.

About SoundHound AI

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.