Does SoundHound AI (SOUN) Have the Potential to Rally 47.47% as Wall Street Analysts Expect?
SOUNSoundHound AI(SOUN) ZACKS·2024-08-21 22:55

SoundHound AI, Inc. (SOUN) closed the last trading session at $5.14, gaining 4.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $7.58 indicates a 47.5% upside potential. The mean estimate comprises six short-term price targets with a standard deviation of $1.36. While the lowest estimate of $6 indicates a 16.7% increase from the current price level, the most optimistic analyst ex ...