SoundHound Financials
| SOUN Stock | USD 8.03 0.22 2.67% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Current Ratio | 4.92 | 4.6874 |
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The essential information of the day-to-day investment outlook for SoundHound includes many different criteria found on its balance sheet. An individual investor should monitor SoundHound's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in SoundHound.
Net Income |
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SoundHound | Select Account or Indicator |
Understanding current and past SoundHound Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of SoundHound's financial statements are interrelated, with each one affecting the others. For example, an increase in SoundHound's assets may result in an increase in income on the income statement.
SoundHound Earnings Geography
SoundHound Stock Summary
SoundHound competes with Snowflake, Zoom Video, Shopify, Workday, and Salesforce. SoundHound AI, Inc. develops independent voice artificial intelligence platform that enables businesses across industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as automatic speech recognition, natural language understanding, wake words, custom domains, text-to-speech, and embedded voice solutions The company is headquartered in Santa Clara, California. Soundhound operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 2 people.Specialization | Information Technology, Software - Application |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US8361001071 |
| CUSIP | 836100107 039562202 |
| Location | Delaware; U.S.A |
| Business Address | 5400 Betsy Ross |
| Sector | Software |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.soundhound.com |
| Phone | 408 441 3200 |
| Currency | USD - US Dollar |
SoundHound Key Financial Ratios
| Return On Equity | -0.68 | ||||
| Profit Margin | (1.64) % | ||||
| Operating Margin | (1.40) % | ||||
| Price To Sales | 45.33 X | ||||
| Revenue | 45.87 M |
SoundHound Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SoundHound's current stock value. Our valuation model uses many indicators to compare SoundHound value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SoundHound competition to find correlations between indicators driving SoundHound's intrinsic value. More Info.SoundHound AI is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, SoundHound's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SoundHound's earnings, one of the primary drivers of an investment's value.SoundHound's Earnings Breakdown by Geography
SoundHound AI Systematic Risk
SoundHound's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SoundHound volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on SoundHound AI correlated with the market. If Beta is less than 0 SoundHound generally moves in the opposite direction as compared to the market. If SoundHound Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SoundHound AI is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SoundHound is generally in the same direction as the market. If Beta > 1 SoundHound moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in SoundHound Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SoundHound's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of SoundHound growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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SoundHound November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SoundHound help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SoundHound AI. We use our internally-developed statistical techniques to arrive at the intrinsic value of SoundHound AI based on widely used predictive technical indicators. In general, we focus on analyzing SoundHound Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SoundHound's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.23 | |||
| Information Ratio | 0.1397 | |||
| Maximum Drawdown | 39.21 | |||
| Value At Risk | (6.75) | |||
| Potential Upside | 8.39 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoundHound AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SoundHound. If investors know SoundHound will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SoundHound listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 0.219 | Quarterly Revenue Growth 0.891 | Return On Assets (0.18) | Return On Equity (0.68) |
The market value of SoundHound AI is measured differently than its book value, which is the value of SoundHound that is recorded on the company's balance sheet. Investors also form their own opinion of SoundHound's value that differs from its market value or its book value, called intrinsic value, which is SoundHound's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SoundHound's market value can be influenced by many factors that don't directly affect SoundHound's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SoundHound's value and its price as these two are different measures arrived at by different means. Investors typically determine if SoundHound is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoundHound's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.