Prediction: 2 Stocks That Will Be Worth More Than SoundHound AI a Year From Now

SoundHound AI (NASDAQ: SOUN) has attracted a lot of attention in this new era of artificial intelligence (AI). The company makes voice recognition technology and voice assistants that are used by restaurants, the auto industry, television, and related industries. SoundHound has grown fast in recent years, but its growth has been driven in part by acquisitions, and the company is still significantly unprofitable, losing $22.2 million on revenue of $29.1 million, as based on adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). The stock has surged since 2023, and the company now has a market cap of $4.5 billion. However, shares trade at a premium valuation with a price-to-sales ratio of 41, while profitability still seems to be years away.Keep reading to see two stocks that are likely to be more valuable than SoundHound AI in a year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool