Published first at https://www.3minutebreakdowns.com SoundHound stock analysis. Ticker: $SOUN Soundhound AI provides voice technology that’s used in vehicles, restaurants and drive throughs. And the stock is up more than 600% this year. At the latest price, Soundhound has a fully diluted market cap...

Published first at https://www.3minutebreakdowns.com SoundHound stock analysis. Ticker: $SOUN Soundhound AI provides voice technology that’s used in vehicles, restaurants and drive throughs. And the stock is up more than 600% this year. At the latest price, Soundhound has a fully diluted market cap of 5.4 billion dollars. With 136 million of cash on the balance sheet and 40 million of debt, the enterprise value is 5.3 billion. Revenue over the last 12 months comes to 67.3 million but Soundhound is not yet profitable reporting negative net income, ebitda and free cash flow. So Soundhound stock is priced aggressively at 79 times revenue. Negative earnings make it hard to value Soundhound but investors are clearly excited about its future prospects. Revenue in the most recent quarter was up 89% and management said sales could double again in 2025. Expansion into drive through restaurants offers a huge, untapped opportunity for Soundhound and on a recent conference call, the CEO said the company was on the precipice of massive growth. #investing #stocks #stockanalysis #aistocks