SoundHound AI (SOUN) Stock Poised for 'Material Outperformance,' Says H.C. Wainwright

SoundHound AI, Inc. (NASDAQ:SOUN) is one of the AI Stocks in the Spotlight This Week. On October 16, H.C. Wainwright raised its price target on the stock to $26.00 from $18.00 while maintaining a “Buy” rating on the stock.

ShoundHound shares are up 7.9% in 2025, underperforming the Russell 2000’s 13.0% gain. The firm predicts “material outperformance” in the coming periods, with third-quarter results in November potentially serving as a catalyst.

According to analysts, the company’s 2026 Street revenue forecasts do not include any contribution from the recent acquisition of Interactions Corporation. The acquisition is expected to contribute materially in 2026.

SoundHound AI, Inc. (NASDAQ:SOUN) is a voice artificial intelligence company offering voice AI solutions to businesses.

While we acknowledge the potential of SOUN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.