SoundHound AI Stock Analysis Can Revenue Growth Outpace Cost Increases?
SOUN Stock | USD 8.95 0.36 3.87% |
About 60% of SoundHound's investor base is looking to short. The analysis of the overall prospects from investing in SoundHound AI suggests that many traders are, at the present time, alarmed. SoundHound's investing sentiment overview a quick insight into current market opportunities from investing in SoundHound AI. Many technical investors use SoundHound AI stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
SoundHound |
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SoundHound Fundamental Analysis
We analyze SoundHound's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SoundHound using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SoundHound based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Earnings Per Share
Earnings Per Share Comparative Analysis
SoundHound is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
SoundHound AI Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SoundHound stock to make a market-neutral strategy. Peer analysis of SoundHound could also be used in its relative valuation, which is a method of valuing SoundHound by comparing valuation metrics with similar companies.
Peers
SoundHound Related Equities
HKD | AMTD Digital | 3.96 | ||||
HTCR | HeartCore Enterprises | 1.78 | ||||
WDAY | Workday | 0.59 | ||||
ZM | Zoom Video | 0.51 | ||||
CRM | Salesforce | 0.31 | ||||
SNOW | Snowflake | 1.36 | ||||
CXAI | CXApp | 1.80 | ||||
SHOP | Shopify | 2.27 | ||||
BMR | Beamr Imaging | 3.36 | ||||
QH | Quhuo | 5.00 | ||||
IFBD | Infobird | 7.58 | ||||
IDAI | Trust Stamp | 33.33 |
Check out SoundHound Hype Analysis, SoundHound Correlation and SoundHound Performance. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.
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.