1 Wall Street Analyst Thinks SoundHound AI Stock Is Going to $26. Is It a Buy?

SoundHound AI (NASDAQ: SOUN) stock has more than quadrupled over just the last three months. Shares of the maker of voice recognition artificial intelligence (AI) technology solutions are now higher by 860% year to date.Wall Street analyst Scott Buck with H.C. Wainwright thinks it has more room to run. Buck just issued a note maintaining his "buy" rating on the stock and ratcheted his price target from $8 to $26 per share, according to reports. That would imply another 27% upside even after the stock's recent surge higher.A market that began with voice technology in customer service sectors such as restaurants has expanded to other areas, including automotive use cases for voice generative AI bringing cloud-based large language models into vehicles.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool