SoundHound AI (SOUN) Seen as Long-Term Winner in Voice AI, H.C. Wainwright Says

SoundHound AI, Inc. (NASDAQ:SOUN) is one of the AI Stocks Investors Are Watching Closely. On January 12, H.C. Wainwright analyst Scott Buck reiterated a Buy rating on the stock with a $26.00 price target. Firm analysts view SOUN as a long-term winner in Voice AI with sustained revenue momentum throughout the year.

The firm highlighted SoundHound’s CES 2026 demonstrations in Las Vegas, noting how the company showcased its Vision AI technology, an amalgamation of its real-time camera-based visual perception and their established voice AI.

Their Agentic+ platform was another highlight of the event, offering businesses the ability to employ their own agents within minutes. The firm not only sampled these demonstrations, but was also able to hold discussions with members of the executive team.

Their discussions were a clear reflection of how there is high level of interest from multiple verticals such as automotive and the service sector for SOUN's products. The firm also highlighted favorable traction across both direct and channel sales efforts.

As such, H.C. Wainwright anticipates SOUN to break even on an adjusted EBITDA basis by the end of the year, but noted that the company remains willing to accept lower margins in the near term as it prioritizes growth.

“Positive revenue traction and renewed focus on operating costs drive management’s expectation to exit 2026 at adj. EBITDA breakeven levels. However, growth remains a priority suggesting the company may sacrifice adj. EBITDA margin near term should revenue opportunities present themselves, either organically or through M&A. The company is afforded this flexibility because of its balance sheet strength, holding $269.0M of cash and no debt as of 3Q25. In addition, we believe there may be attractive opportunities through strategic partnerships that could drive additional customer engagement and revenue in future periods. While growth rarely moves in a straight line, we believe the company continues to position itself as a long-term winner in voice AI and expect the company to continue to demonstrate material revenue growth through 2026. We remain Buy-rated with a $26 price target.”

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

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