Is Soundhound Ai Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: SOUN) stock is to Strong Buy SOUN stock.
Out of 2 analysts, 1 (50%) are recommending SOUN as a Strong Buy, 1 (50%) are recommending SOUN as a Buy, 0 (0%) are recommending SOUN as a Hold, 0 (0%) are recommending SOUN as a Sell, and 0 (0%) are recommending SOUN as a Strong Sell.
According to 2 Wall Street analysts that have issued a 1 year SOUN price target, the average SOUN price target is $5.60, with the highest SOUN stock price forecast at $6.20 and the lowest SOUN stock price forecast at $5.00.
On average, Wall Street analysts predict that Soundhound Ai's share price could reach $5.60 by Sep 5, 2024. The average Soundhound Ai stock price prediction forecasts a potential upside of 220% from the current SOUN share price of $1.75.
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