SoundHound AI Inc (SOUN) Options

hopefully we start to see more of these stories being made public.

interestingly no comment about the end customer satisfaction - did those 20% callers feel happier that the AI Agent had answered their questions without talking to a human (probably in less time)?

SoundHound’s Conversational AI Agents Drive Nearly 20% Productivity Increase at Apivia Courtage Contact Centers

SoundHound’s Amelia AI Agents answer customer questions on medical expense reimbursements, reducing the volume handled by employees and supporting 100K+ calls in 2024

https://www.businesswire.com/news/home/20241121292929/en/

It's interesting to see a .20 cent bounce off the closing price after hours. The shorts have been manipulating the pps pre and post market for weeks.

May have a new bottom here .

SoundHound AI Co-Founder & CEO, Keyvan Mohajer, on Fox Business:
CLICK WATCH ON YOUTUBE if having problem viewing here

Well like I said earlier, going against all my standards and rules, I did pick up some this morning. But I only bought 1000 shares. It's a gamble (which I urge no one else to gamble!).....if it spikes, I'll sell my cost basis and hopefully make enough to pay for a new Taylormade driver.

well said, everyone has different approaches due to their situation and gambling tolerance.

GLTY. just keep an eye on this and in time you will be picking up your new income stream

If you are a SHAREHOLDER of SOUN, IMO you are sitting on a WINNING STOCK....
Lets see what SOUN PPS will be in 2 to 3 years.....
JMO
Nothing is for sure except DEATH and TAXES

I also miss out on all the losers. I've only been investing for over 30 years now and make all my money from it. I don't need to bottom fish. I'm very happy taking the meaty middle.
Too many people on IHUB think they are investing when they are really gambling. Of course, I buy way more shares than most so don't see it as a game.

Don't worry be happy
SELL YOUR SHARES and make someone else HAPPY

The side effect of this strategy is that you miss out on the initial rise as startups move from R&D, to early adopters, to profitable business
I hate buying stocks that lose money.


nothing wrong in waiting to be profitable and look at INOD for what happens in the quarter if they turn profit early.

If they have significant market share and build a moat for others to cross then plenty of money to be made once they do make a profit.

GLTA

Serves the CEO right that the stock has taken a hit!!! He was probably hoping to sell some of his own shares again and also some for the company like he did the past 2 Quarters.... He needs to understand that investors do not like the CASH BURN Rate. Waiting until end of 2025 to become profitable is not what todays NOW world looks for. Sorry, but that is just how it is happening. 

I just bought a little, even though it goes against all my investment criteria. I'm fairly certain I could wait until later in the week to buy closer to $5.50, but I don't want to have to watch it closely.
I hate buying stocks that lose money.
Based on the chart, this is more likely to pull back now than go up soon.

SoundHound AI Delivers “Hey Kia” Voice AI Experience To India As Part of Kia Connect
SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced the expansion of its advanced voice AI technology to Kia vehicles in India, with the integration of Hindi as a featured language.

Greater MINDS (I HOPE) made that decision (Price point) and it better pan out or they will be looking for another job..

I am sure that is behind NVDAs investment reasoning and there were clues in the transcript that that is likely to happen to get the full experience - along with edge computers in the cloud and on premises of the QSRs.

All I am trying to do though is work out how they only got $25m revenue in Q3 and only forecasting only $155m for all of 2025 (assuming Q4 comes in at $30-35m that isn't a very high growth rate for 2025 with all the roll outs they talk about and new customers and solutions

There is no sign that that is the case with Stelantis or any of the QSRs listed.
You know NVDA owns a share of SOUN....
Maybe their CHIPS will be in those cars......
Maybe you need to subscribe to SOUN to activate the PREMIUM Voice chips into their main chip.....
They have a PLAN.....or NVDA would not have invested.....

It certainly would help to get some more knowledge of their sales model.

The "give away the trial for free" or cheap is certainly valid, but then in your scenario they price goes up a lot as you are committed to the product. There is no sign that that is the case with Stelantis or any of the QSRs listed.

They could also be charging a per transaction fee instead (1c per enquiry/order?)

I did like the news that they had engineered changes to the drive through lanes that wouldn't need any re-permitting, hoping this includes cameras for license plate scanning so they can predict your "usual" order… something you don't need conversational AI for but has always seemed lacking…

Hoping yesterday was manipulation so he big boys can get in at lower prices. May even buy a few calls

I remember when I was a TEEN in NYC back in the day.
Drug use was VERY bad back then.
I knew Drug dealers that would give their GOODS out for FREE to future "CLIENTS".
They called it a TASTE,
Once you got "HOOKED" you paid, and boy did you pay.
Your drug use *AND THE COST to USE) increased to maintain the high....
Sounds like SOUN is giving their Future CLIENTS a TASTE of their GOODS............!
JMO

it is already beating its competitors just listen to the call and the new names they have gained this quarter along with new partnerships.

Issue I have at the moment is that they seem to be giving the software away ($25m is very low for a software company with these clients). I am not aware what their pricing model is though - can anyone elaborate?

Their revenues are going to be going skyward over the next 4-6 quarters as the current customers roll out more and faster and new customers come on board. Their incremental costs of each sale is low but they will maintain high R&D (to maintain competitive edge and get included in key frameworks) and high SG&A to win more customers.

I don't see how they can grow the fixed costs of R&D and SG&A as fast as they will be growing revenues (doubling per quarter is possible). Look at INOD as an example of a software and service company with very fast revenue growth - they just posted a profit that wast expected for a few quarters.

SOUN will be next

I hear what you say
I have a nice position in SOUN and a few other stock holdings, but I'm looking to sell a few stocks (15% down) to add more shares in SOUN.
Whatever SOUN does tomorrow,
I will be selling my losers before the end of the year and adding more shares to my winners
GLTU in your INVESTING

I'm hoping it drops back down into the 5 dollar range . I'll buy a lot more this time .

option players slot machine

I listened to the conference call. I will be buying more shares once this settles down.

Someone please sell me on why this stock will really beat its competitors and become profitable one day. Typically, I HATE stocks that lose money.

unregulated BOT operated loop trading by mrkMC and some no reason panic selling at lower bid who are becoming victims of option traders. The trading volume is fake and manipulated, if selling sell multiple small volume at ask

What are you talking about?

I just saw the 22 million loss I hope we rebound 

They had a good ER....
Lets see if the Market will buy in after driving the PPS down...

Shorts trying to cover at a cheaper # is my guess. A tremendous amount of positives via last nights call. Just my opinion.

transcript is here.

even more puzzled about the after hours movement now

https://seekingalpha.com/article/4736686-soundhound-ai-inc-soun-q3-2024-earnings-call-transcript

https://qcast.page.link/JaVEsq27LuTwqAg76

great earnings and report - beat revenues and EPS (lower loss per share than expected).

Look ahead is great doubling revenues next year
Business Outlook

SoundHound is updating its revenue outlook for 2024 and 2025. SoundHound expects its full year 2024 revenue to be in a range of $82 - $85 million and its full year 2025 revenue outlook to be in a range of $155 - $175 million.

read the release for their list of customers and new "wins" also stated car companies paying more per install with the new ChatGPT integrated solution.
Amelia acquisition completed (means all costs were in the Q3 number snot left hanging)
oh and another top tier Pizza chain is using them…

Even after the recent run up $7 is far too cheap will read call transcript later to see any expected capital needs but getting close to cash flow positive.

BlackRock upped their ownership in SOUN. Now over 7%

Very volatile

Yes but it will bounce .

$22m loss for quarter and people are buying at a $1.4b market cap. Yikes

My " feeling " was right . Watching for a re entry here !

Must've been bad cause it's already down over $1.50 after hours

Bought in at 5 and sold at 7.70. Will probably spike after hours but had to sell . Just a hunch .

Any guesses? What's this gonna do after hours?

Shorts will have find shares to cover by 4pm....
I'm holding

75M short = ~$750M simple math

Wondering when this "Cornholing" will be taking place:

"you will experience immediate dilution of $5.91 per share"......

SOUN the UFO -X1

Going to dilute this back down to 5$ ? Hope #'s are huge !

Holding strong, is 10$ going to happen $$$$$

its just an increase in$20m the original $100m was in August
We find out tomorrow how much of he $100m they raised or are they waiting for the results…

I would like to see that...
SOUN would not offer those share a few days before the ER,
if their EARNINGS report is not good....
JMO
We will see tomorrow

Nice shorts working