Buy, Hold, or Sell: SoundHound AI Slid 20% in June Despite a Massive $100 Million Acquisition.
Is SOUN a Buy at $7.35?
Quick Read – SOUN trades at $7.35 with a consensus analyst target of $14, but the smarter entry sits near $6.50 amid ongoing dilution risk. – SoundHound’s $100 million LivePerson deal targets $350 million in 2027 revenue, but a $300 million ATM filing and deep cash burn cloud the setup. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and SoundHound AI didn’t make the cut. Grab the names FREE today. At $7.35, SoundHound AI (NASDAQ:SOUN) screens as a wait-and-watch setup, with research framing suggesting a more attractive entry near $6.50 on macro-driven weakness.
The voice AI specialist absorbed a brutal June sell-off despite announcing a $100 million acquisition of LivePerson. SoundHound builds an independent voice and agentic AI platform spanning automotive, restaurants, financial services, and IoT, with brands including OASYS, Amelia, Smart Answering, and Dynamic Drive-Thru. After peaking near $22.17 in the last 52 weeks, shares have unwound to $7.33 on dilution fears, an ATM filing, and AI-sector multiple compression.