BUZZ-SoundHound AI rises after Q4 rev beat-and-raise

Reuters

Feb 28

BUZZ-SoundHound AI rises after Q4 rev beat-and-raise

** Shares of SoundHound AI SOUN.O up 3.3% to $9.51 ahead of the bell after qtrly rev topped analysts' expectations and it boosted 2025 rev outlook

** Santa Clara, California-based co late Thurs reported Q4 rev of $34.5 mln, double last year's figure, citing strong momentum in voice-enabled Agentic AI

** Analysts expected rev of $33.8 mln, according to LSEG data

** Co raised 2025 rev outlook to $157-$177 mln, up from prior forecast of $155-$175 mln

** DA Davidson reiterated 'buy' rating and hiked PT from $9.50 to $13

** Demand remains elevated as SOUN expands its business with leading players across industries including financial, healthcare, energy and others, DA Davidson said in note

** 6 of 7 brokerages rate SOUN "strong buy" or "buy", 1 rates "hold"; median PT of $13 up from $9 a month ago - LSEG

** Through Thurs, stock down ~54%. AI-related names have been pressured since Chinese startup DeepSeek rolled out a free AI model a month ago

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

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The views expressed are his own)</p><p>((lance.tupper@tr.com 1-646-279-6380))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4609","symbol_name":"英伟达持仓股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250228:nL6N3PJ0IQ:1","article_id":"2514326545","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514326545","pubTimestamp":1740746554,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-SoundHound AI rises after Q4 rev beat-and-raise** Shares of SoundHound AI SOUN.O up 3.3% to $9.51 ahead of the bell after qtrly rev topped analysts' expectations and it boosted 2025 rev outlook** Santa Clara, California-based co late Thurs reported Q4 rev of $34.5 mln, double last year's figure, citing strong momentum in voice-enabled Agentic AI** Analysts expected rev of $33.8 mln, according to LSEG data** Co raised 2025 rev outlook to $157-$177 mln, up from prior forecast of $155-$175 mln** DA Davidson reiterated 'buy' rating and hiked PT from $9.50 to $13** Demand remains elevated as SOUN expands its business with leading players across industries including financial, healthcare, energy and others, DA Davidson said in note** 6 of 7 brokerages rate SOUN \"strong buy\" or \"buy\", 1 rates \"hold\"; median PT of $13 up from $9 a month ago - LSEG** Through Thurs, stock down ~54%. 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AI-related names have been pressured since Chinese startup DeepSeek rolled out a free AI model a month ago(Lance Tupper is a Reuters market analyst. The views expressed are his own)((lance.tupper@tr.com 1-646-279-6380))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}