SoundHound AI is heading into its Q1 2026 earnings report on May 7 with Wall Street watching closely. The stock has had a rough start to the year, down about 18%, and analysts want to know if the company’s growth story is still intact.
SoundHound AI, Inc., SOUN
Analysts expect SoundHound to post revenue of around $42.5 million to $42.8 million for Q1, which would represent roughly 46% growth year over year. That follows a strong Q4 where the company delivered $55.1 million in revenue, a 59% jump.
For the full year, SoundHound is guiding for $225 million to $260 million in revenue. That’s up from a record $168.9 million in 2025, which itself was nearly double the $84.7 million reported in 2024.
Despite that trajectory, the stock hasn’t kept up. SOUN is down about 66% from its December 2024 peak of $22.17. It currently trades around $8.02.
Wall Street isn’t backing away. According to TipRanks, SOUN carries a Strong Buy consensus rating, based on five Buy ratings and one Hold over the past three months. The average price target sits at $14.00, suggesting upside of roughly 74.5% from current levels.
D.A. Davidson analyst Gil Luria reiterated a Buy rating and a $14 price target following SoundHound’s announcement last week that it plans to acquire LivePerson. He called it the company’s largest acquisition to date and said it could create long-term value, though he flagged integration risks as something investors should monitor.
Wedbush also held its Buy rating with a $12 price target after the deal. The firm highlighted the data angle — the combined company would process tens of billions of customer interactions annually, which Wedbush sees as a meaningful competitive edge.
The LivePerson deal joins SoundHound’s existing portfolio, which includes products like Dynamic Drive-Thru, Voice AI for automakers, and the Amelia 7 platform for building custom AI agents.
One sticking point for investors is valuation. SoundHound currently trades at a price-to-sales ratio of around 20, which puts it above most of the Magnificent Seven — except Nvidia. On a forward basis using the midpoint of 2026 guidance, that ratio drops to roughly 14.4.
Losses remain a concern. SoundHound posted an adjusted net loss of $53.8 million in 2025, down from $69.1 million in 2024. Progress, but not yet profitable.
Analysts expect a loss per share of $0.10 in Q1 2026, compared to a loss of $0.31 a year ago — a meaningful improvement.
The company ended 2025 with $248 million in cash and no debt, which gives it some runway.
On May 7, investors will be watching revenue, any update to full-year guidance, and any commentary on the LivePerson integration timeline.
The post SoundHound AI (SOUN) Stock Has a Strong Buy Rating and 75% Upside — Can Earnings Deliver? appeared first on CoinCentral.

