As of 11:34 AM EDT on March 19, 2025, SoundHound AI, Inc. (NASDAQ: SOUN), a leader in voice artificial intelligence technology, is experiencing a modest uptick in its stock price. The Class A Common Stock is trading at $9.632, reflecting a gain of $0.062 or 0.64% from its previous close of $9.570. This slight increase comes amidst a day of active trading, with a volume of 8,511,431 shares exchanged so far, indicating robust investor interest.
Today’s Trading Dynamics
The stock opened at $9.730, slightly above yesterday’s close, and has fluctuated within a range of $9.485 to $10.03 during the morning session. This range suggests a degree of volatility, though the current price remains below the day’s high. The bid price stands at $9.630 with a size of 4, while the ask is slightly higher at $9.640 with a size of 24, pointing to a tight spread and active market participation.
Compared to its 52-week range of $3.500 to $24.98, today’s price of $9.632 positions SoundHound AI stock in the lower half of its annual performance. This reflects a significant recovery from its yearly low but also a substantial retreat from its peak, highlighting the stock’s volatility—a characteristic not uncommon for growth-oriented tech companies in the AI sector.
What’s Driving the Stock Today?
Several factors appear to be influencing SoundHound AI’s stock performance on this day. Earlier this morning, at 9:04 AM PDT, posts on X highlighted a significant announcement: SoundHound AI has partnered with NVIDIA to deliver "faster, smarter voice assistants at scale" using NVIDIA AI Enterprise. This collaboration leverages NVIDIA’s advanced AI infrastructure to enhance SoundHound’s voice recognition and conversational AI capabilities, potentially strengthening its competitive edge in industries like automotive, customer service, and IoT. Such partnerships often bolster investor confidence, as they signal technological advancement and market expansion potential, which could be contributing to today’s positive movement.
Additionally, SoundHound’s broader narrative in 2025 supports this optimism. The company has been riding a wave of growth, with its Q4 2024 earnings (reported on February 27, 2025) showing a record revenue increase of 101% year-over-year to $34.5 million. Management has also raised its full-year 2025 revenue outlook to between $157 million and $177 million, nearly doubling its 2024 figures. This bullish guidance, coupled with a revenue backlog of nearly $1.2 billion, underscores SoundHound’s strong growth trajectory and could be sustaining investor interest today.
Market Context and Sentiment
Despite the positive news, SoundHound’s stock has faced challenges recently. Posts on X and other sources indicate ongoing investigations by law firms into potential investor losses, which may temper enthusiasm for some. Earlier this month, the stock experienced a surge of nearly 7% despite such scrutiny, suggesting resilience among investors who remain focused on the company’s long-term potential rather than short-term noise.
The broader AI market also plays a role. With artificial intelligence continuing to drive innovation across sectors, companies like SoundHound—specializing in voice AI—are well-positioned to capitalize on increasing demand. However, high valuations and profitability concerns linger. SoundHound remains unprofitable, with significant operating losses reported in recent quarters, which may cap upward momentum unless the company demonstrates a clear path to positive earnings.
Looking Ahead
Today’s modest gain of 0.64% reflects a cautiously optimistic market response to SoundHound AI’s latest developments. The NVIDIA partnership could pave the way for further advancements, potentially boosting the stock in the coming days if investor sentiment remains positive. However, with the stock trading well below its 52-week high, it remains a speculative play—attractive to risk-tolerant investors betting on AI growth, but less so for those seeking immediate stability.
As the trading day progresses, volume and price action will provide further clues about investor conviction. For now, SoundHound AI’s stock is holding steady, buoyed by technological promise and growth prospects, even as it navigates the volatility inherent in the fast-evolving AI landscape.
