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SoundHound AI (NASDAQ: SOUN) has seen its stock price surge over 500% in the past year, driven by impressive growth, including an 89% sales increase to $25.1 million in Q3. However, the company remains unprofitable, with projected losses for 2024 and 2025, and its shares carry a high price-to-sales ratio of 64.8. Investors are advised to wait for a price pullback before considering an investment.
Chris Neiger
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
soundhound ai stock analysis growth potential and investment considerations
17:05 14.12.2024
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