Pre-market on 03 Feb 2026, SOUN stock trades at $8.42 on the NASDAQ in the United States as investors eye an upcoming earnings catalyst. We note volume 23,627,346 and a 50-day average price near $11.11, which shows recent downward pressure. SoundHound AI, Inc. (SOUN) is a Technology company in Software – Application with negative EPS of -0.84 and a trailing PE of -10.02. In this pre-market note we summarize price action, fundamentals, technicals, our proprietary Meyka AI grade, and a model-based forecast to frame trade and investment ideas for AI stocks investors.
SOUN stock: price snapshot and market context
SOUN stock opened at $8.41 and shows a pre-market price of $8.42 with intraday range $8.21–$8.57. Market cap stands at $3,537,207,023.00 and shares outstanding are 420,095,878. The 52-week range is $6.52–$22.17, reflecting large volatility since IPO. Trading volume of 23,627,346 today is near average daily flow, and the stock trades on NASDAQ in USD within the U.S. Technology sector. This snapshot sets the backdrop for earnings on 26 Feb 2026, a likely near-term price catalyst.
SOUN stock: fundamentals and valuation
SoundHound AI reports trailing EPS -0.84 and a negative PE ratio -10.02, highlighting current losses. Price-to-sales is 23.67 and price-to-book is 8.48, which imply a premium valuation versus revenues and equity. Cash per share is 0.66 and current ratio is 5.15, showing liquidity strength. Revenue per share TTM is 0.37 while operating cash flow per share is -0.27, signaling investment-driven cash burn. These metrics support a cautious view on valuation but also show room if revenue and margins scale with AI adoption.
SOUN stock: technicals and trading flow
Technically, SOUN stock shows an RSI of 53.77, MACD histogram 0.22, and ATR 0.68, indicating balanced momentum and moderate volatility. The 50-day average is $11.11 and 200-day average is $12.43, both above the current price and suggesting the trend is below medium-term averages. Bollinger middle band sits near $10.97, and on-balance volume is negative, which signals distribution in recent months. Traders should watch intraday volume spikes and earnings-related moves for breakout or breakdown triggers.
SOUN stock: Meyka AI grade and analyst context
Meyka AI rates SOUN with a score out of 100: 70.46 / B+ — BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The upgrade/downgrade mix shows 1 Buy and 1 Hold on record, and third-party company ratings flagged a C- on 02 Feb 2026. We present this grade to frame risk-reward; it is not investment advice and not guaranteed.
SOUN stock: catalysts, earnings and risks
Key near-term catalyst is the earnings announcement on 26 Feb 2026, which may update revenue growth and contract wins for Houndify voice AI. Upside drivers include enterprise AI adoption and revenue acceleration. Risks include negative margins, high price-to-sales, long days sales outstanding (134.28 days), and continued share volatility. Short interest and options activity should be monitored; see recent short interest data for flow context MarketBeat short interest and company news on Nasdaq Nasdaq news feed.
SOUN stock: investment cases and price targets
We frame three scenario price targets to set expectations: conservative $6.00, base $12.00, and bull $22.00, anchored to current $8.42 price and the 52-week high $22.17. The base target aligns with modest revenue multiple compression from current valuation and improving operating metrics. For traders, a $6.00 stop would limit downside, while longer-term investors should link any buy to concrete revenue cadence and margin improvement from SoundHound AI’s Houndify platform.
Final Thoughts
Key takeaways for SOUN stock: the pre-market price of $8.42 positions the stock below its 50-day and 200-day averages, leaving room for either mean reversion or further weakness into earnings on 26 Feb 2026. Meyka AI’s forecast model projects a 12-month target of $21.66, versus the current price $8.42, implying an upside of 157.27%. The model also shows a one-month projection of $6.03, implying a short-term downside of -28.40%. These model-based figures show wide dispersion and should be read with caution. We note valuation stretched on price-to-sales 23.67 and negative EPS -0.84, but the company’s liquidity, current ratio 5.15, and sector tailwinds in AI provide a balanced risk-reward. As an AI-powered market analysis platform, Meyka AI presents this data to inform your research. Forecasts are model-based projections and not guarantees; align position sizing with your risk plan and watch the earnings release for updated revenue and margin signals.
FAQs
What is the current price of SOUN stock and where does it trade?
SOUN stock trades on NASDAQ in the United States and is currently priced at $8.42 in pre-market. Volume today is 23,627,346, and the 52-week range is $6.52–$22.17.
When is SoundHound AI’s next earnings report and why does it matter for SOUN stock?
SoundHound AI reports earnings on 26 Feb 2026. The report matters because it will update revenue growth, bookings, and guidance, which heavily influence SOUN stock direction and short-term volatility.
What is Meyka AI’s grade for SOUN stock and what does it mean?
Meyka AI rates SOUN with a score of 70.46 (B+ — BUY). This grade mixes benchmark, sector, metrics, growth, and analyst signals. It is informational and not financial advice.
What are realistic price targets and the implied upside for SOUN stock?
Meyka scenarios: conservative $6.00, base $12.00, bull $22.00. Meyka AI’s 12-month model projects $21.66, implying 157.27% upside versus current $8.42; model projections are not guarantees.
What are the main risks to consider before trading SOUN stock?
Main risks: negative EPS -0.84, high price-to-sales 23.67, long receivables (134.28 days), and earnings-driven volatility. Monitor liquidity, guidance, and sector moves before adding exposure.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
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