Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
US Stocks

SOUN SoundHound AI (NASDAQ) $8.62 pre-market 03 Mar 2026: AI stocks catalyst ahead

March 3, 2026
4 min read
Share with:

Pre-market on 03 Mar 2026 the SOUN stock price sits at $8.62 on the NASDAQ in the United States, signalling a quiet start ahead of macro and AI sector moves. Investors tracking AI stocks should note SoundHound AI reported revenue growth and set an earnings date for 07 May 2026. Short-term momentum is muted, but analyst updates and an HC Wainwright price-target reset create catalyst windows for traders and longer-term investors.

SOUN stock price and trading snapshot

SOUN stock opened pre-market near $8.62 with a daily range between $7.78 and $8.65. Market cap stands at $3,621,226,486.00, and volume traded reached 30,951,633.00 shares versus an average volume of 27,688,121.00. The one-year high is $22.17 and the one-year low is $6.52, showing wide volatility typical of AI stocks

Sponsored

Earnings, financials and key ratios for SOUN stock

SoundHound AI reported revenue of $55.06 million in the last quarter and EPS of -$0.02 that met consensus. Trailing EPS reads -0.90 and reported PE is negative at -9.58. Balance-sheet strength shows a current ratio of 4.59 and cash per share of $0.60, while price-to-sales is high at 21.13, reflecting growth expectations priced into SOUN stock

Analyst views and headline news driving SOUN stock

Analysts are mixed on SoundHound AI, with HC Wainwright lowering a target from $26.00 to $20.00. Market consensus target sits near $14.93 per MarketBeat coverage. Recent insider selling and institutional accumulation make the story nuanced for investors who track AI stocks for market share gains and contract ramp-ups. See recent coverage on MarketBeat and broader quotes on MarketWatch

Technicals, sector context and Meyka AI grade for SOUN stock

Technically, SOUN stock shows neutral momentum with RSI 49.05 and MACD histogram slightly positive at 0.21, suggesting limited near-term trend. Volatility measures show ATR 0.63 and Bollinger middle band at 8.10, which frames risk for traders. Meyka AI rates SOUN with a score out of 100: 72.37 (B+) — BUY. This grade factors in S&P 500 comparison, sector performance, growth, metrics, and analyst consensus. These grades are not guaranteed and we are not financial advisors

Risks and opportunities for investors in AI stocks like SOUN stock

Upside hinges on commercial wins for the Houndify platform and margin progress. Risks include stretched valuation metrics, negative EPS, and recent insider selling. Institutional buying and a strong cash conversion profile create an opportunity if revenue growth sustains. For active traders, implied intraday swing is wide given a beta near historical levels and average volume above 27,688,121.00 shares

Outlook and forecast for SOUN stock

Meyka AI’s forecast model projects a 12-month target near $19.57. Compared with today’s $8.62, that implies upside of 126.97%. The model also shows a short-term monthly projection at $6.52, showing possible downside risk. Forecasts are model-based projections and not guarantees. Investors should weigh the forecast against the next earnings release on 2026-05-07 and sector momentum in the United States technology software space

Final Thoughts

SOUN stock trades at $8.62 pre-market on 03 Mar 2026 with mixed signals across fundamentals, technicals, and analyst coverage. Revenue growth and a solid current ratio support the business, while negative EPS and a high price-to-sales ratio reflect investor growth expectations. Analyst targets range from near $9.00 to $20.00, and Meyka AI’s forecast model projects $19.57 over 12 months, an implied upside of 126.97% from today. That forecast is model-based and not guaranteed. For AI stocks watchers, SoundHound AI is a high-volatility, growth-oriented name where near-term trading should focus on earnings on 07 May 2026 and contract wins that validate valuation

FAQs

What is the current SOUN stock price and market cap?

As of pre-market 03 Mar 2026 SOUN stock is $8.62 on the NASDAQ with a market cap of $3,621,226,486.00 in USD. Volume and volatility remain above recent averages

When does SoundHound AI report earnings next?

SoundHound AI has an earnings announcement scheduled for 2026-05-07. Investors should watch revenue guidance and contract updates for Houndify as catalysts for SOUN stock

What price target and rating does Meyka AI give SOUN stock?

Meyka AI rates SOUN with a score out of 100: 72.37 (B+) and suggests BUY. This factors benchmark, sector and financial metrics. Grades are not guaranteed and we are not financial advisors

What upside does the Meyka AI forecast show for SOUN stock?

Meyka AI’s forecast model projects $19.57 in 12 months. Versus the current $8.62, that implies an upside of 126.97%. Forecasts are projections and not guarantees

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.
Meyka Newsletter
Get analyst ratings, AI forecasts, and market updates in your inbox every morning.
12% average open rate and growing
Trusted by 4,200+ active investors
Free forever. No spam. Unsubscribe anytime.

What brings you to Meyka?

Pick what interests you most and we will get you started.

I'm here to read news

Find more articles like this one

I'm here to research stocks

Ask our AI about any stock

I'm here to track my Portfolio

Get daily updates and alerts (coming March 2026)