This agentic AI company is growing like a weed.
SoundHound AI 's ( SOUN 0.84% ) stock has rallied by more than 230% over the past 12 months. The developer of AI-powered voice- and audio-recognition tools impressed investors with its accelerating sales growth, bold acquisitions, and guidance boosts.
But is SoundHound AI's stock still worth buying at these levels? Let's take a fresh look at its business model, growth rates, and valuations to decide.
An early mover in the agentic AI market
SoundHound AI's namesake app can identify songs from just a few seconds of recorded audio or a few hummed bars. But it generates most of its revenue from Houndify, its developer-oriented platform that enables companies to create their own voice-recognition tools.
Houndify is a popular choice for