SoundHound AI (SOUN) to Announce Earnings on Tuesday

03 Aug 2026, 12:40 by Kim Johansen · The Markets Daily

SoundHound AI (NASDAQ:SOUN – Get Free Report) is projected to release its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect the company to announce earnings of ($0.1320) per share and revenue of $52.3820 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 5:00 PM ET.

SoundHound AI (NASDAQ:SOUN – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The firm had revenue of $44.20 million during the quarter, compared to the consensus estimate of $42.56 million. SoundHound AI had a negative net margin of 91.84% and a negative return on equity of 40.15%. The company’s revenue was up 51.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.06) EPS. On average, analysts expect SoundHound AI to post $-0 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

SoundHound AI Price Performance

Shares of SOUN stock opened at $6.13 on Monday. The company’s fifty day simple moving average is $6.95 and its 200-day simple moving average is $7.73. SoundHound AI has a 12 month low of $5.65 and a 12 month high of $22.17. The firm has a market cap of $2.65 billion, a PE ratio of -13.04 and a beta of 2.64.

Insider Transactions at SoundHound AI

In other SoundHound AI news, COO Michael Zagorsek sold 64,994 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $7.46, for a total value of $484,855.24. Following the sale, the chief operating officer owned 1,669,497 shares in the company, valued at $12,454,447.62. This trade represents a 3.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Majid Emami sold 28,843 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $7.46, for a total transaction of $215,168.78. Following the transaction, the senior vice president owned 472,983 shares of the company’s stock, valued at $3,528,453.18. This trade represents a 5.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 268,022 shares of company stock valued at $1,999,444. Corporate insiders own 8.84% of the company’s stock.

Hedge Funds Weigh In On SoundHound AI

Institutional investors and hedge funds have recently bought and sold shares of the company. EP Wealth Advisors LLC boosted its stake in shares of SoundHound AI by 5.3% during the second quarter. EP Wealth Advisors LLC now owns 14,100 shares of the company’s stock valued at $151,000 after purchasing an additional 706 shares in the last quarter. Newbridge Financial Services Group Inc. increased its stake in shares of SoundHound AI by 2.7% in the third quarter. Newbridge Financial Services Group Inc. now owns 31,880 shares of the company’s stock valued at $513,000 after buying an additional 830 shares during the period. Parallel Advisors LLC increased its stake in shares of SoundHound AI by 42.8% in the third quarter. Parallel Advisors LLC now owns 3,204 shares of the company’s stock valued at $52,000 after buying an additional 960 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in SoundHound AI by 83.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,336 shares of the company’s stock valued at $25,000 after buying an additional 1,060 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its holdings in SoundHound AI by 8.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 14,676 shares of the company’s stock valued at $119,000 after buying an additional 1,201 shares during the last quarter. Institutional investors and hedge funds own 19.28% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of SoundHound AI in a report on Monday, June 15th. LADENBURG THALM/SH SH upgraded shares of SoundHound AI to a “strong-buy” rating in a research note on Wednesday, May 6th. Finally, DA Davidson restated a “buy” rating and issued a $14.00 price target on shares of SoundHound AI in a research note on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $14.93.

View Our Latest Research Report on SOUN

About SoundHound AI

(Get Free Report)

SoundHound AI, Inc is a voice AI and conversational intelligence company specializing in speech recognition, natural language understanding and sound identification technologies. Founded in 2005 and headquartered in Santa Clara, California, the company initially gained recognition with its music discovery app before pivoting to enterprise-grade voice AI solutions. Over the years, SoundHound AI has built a comprehensive platform that enables developers and businesses to embed conversational intelligence into a wide range of products and services.