Analysts Peg 123% Upside for SoundHound AI as Partnership Rollouts Gather Pace

Overview

• Insider Monkey labels SoundHound AI a Strong Buy with an average upside of 122.52% based on prices at the February 12 close.
• H.C. Wainwright’s Scott Buck reaffirmed a Buy rating with a $26 target on January 12.
• Piper Sandler cut its price target to $11 from $15 on January 5 and kept a Neutral rating, citing recent 10-Q disclosures.
• SoundHound expanded its Five Guys arrangement late last month, with the burger chain’s AI ordering agents surpassing one million customer interactions and more franchisees gaining access.
• A January 21 deal with Bridgepointe Technologies positions SoundHound’s Amelia 7 and Autonomics platforms for broader enterprise adoption.