SoundHound AI (SOUN) Projected to Release Earnings on Tuesday

SoundHound AI (NASDAQ:SOUN) is projected to release its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect SoundHound AI to announce earnings of ($0.1320) per share and revenue of $52.3820 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, August 5, 2026 at 5:00 PM ET.

SoundHound AI (NASDAQ:SOUN) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). The company had revenue of $44.20 million for the quarter, compared to analyst estimates of $42.56 million. SoundHound AI had a negative net margin of 91.84% and a negative return on equity of 40.15%. The company’s revenue for the quarter was up 51.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.06) EPS. On average, analysts expect SoundHound AI to post $-0 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

SoundHound AI Stock Performance

SOUN stock opened at $6.13 on Friday. The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of -13.04 and a beta of 2.62. The stock’s fifty day moving average is $6.95 and its two-hundred day moving average is $7.76. SoundHound AI has a 1 year low of $5.65 and a 1 year high of $22.17.

Wall Street Analysts Forecast Growth

SOUN has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SoundHound AI in a report on Monday, June 15th. DA Davidson reiterated a “buy” rating and issued a $14.00 price target on shares of SoundHound AI in a research report on Wednesday, April 22nd. Finally, LADENBURG THALM/SH SH upgraded SoundHound AI to a “strong-buy” rating in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $14.93.

Insider Activity at SoundHound AI

In other news, insider James Ming Hom sold 28,843 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $7.46, for a total transaction of $215,168.78. Following the transaction, the insider directly owned 743,521 shares in the company, valued at $5,546,666.66. The trade was a 3.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Michael Zagorsek sold 64,994 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $7.46, for a total value of $484,855.24. Following the sale, the chief operating officer directly owned 1,669,497 shares of the company’s stock, valued at $12,454,447.62. This trade represents a 3.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 268,022 shares of company stock worth $1,999,444. 8.84% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its stake in shares of SoundHound AI by 83.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,336 shares of the company’s stock worth $25,000 after acquiring an additional 1,060 shares during the last quarter. Danske Bank A S bought a new stake in SoundHound AI in the third quarter valued at about $26,000. Parallel Advisors LLC raised its holdings 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 buying an additional 960 shares in the last quarter. Advisors Asset Management Inc. raised its stake in SoundHound AI by 58.2% during the fourth 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. increased its position in shares of SoundHound AI by 20.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,583 shares of the company’s stock worth $86,000 after purchasing an additional 1,456 shares in the last quarter. Institutional investors and hedge funds 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.