Analysts Optimistic on SoundHound’s (SOUN) Penetration Into Multiple Industries

SoundHound AI, Inc. (NASDAQ:SOUN)  is one of the 15 software stocks with the highest upside potential. SoundHound AI, Inc. (NASDAQ:SOUN) has entered 2026 on a strong footing, drawing increased attention from the Wall Street analysts. Scott Buck from H.C. Wainwright reiterated his price target of $26 for the stock, while maintaining a Buy rating on January 13. His price target offers an impressive upside of 134.66% from the current levels. The analyst forecasts a potential rally of more than 100% over the next year, driven by growing demand for AI-driven voice technology.

Buck reiterated his bullish stance after meetings with the company management at CES 2026 in Las Vegas. At the event, SoundHound highlighted its Vision AI technology, which integrates real-time visual perception with voice AI, as well as its Agentic+ platform that enables businesses to rapidly deploy custom AI agents.

The analyst pointed to strong demand across several industries, mainly automotive and service, supported by both channel and direct sales, as well as upselling opportunities from acquired customers. Management expects adjusted EBITDA to break even by the end of 2026, while continuing to prioritize growth over short-term margins.

SoundHound AI, Inc. (NASDAQ:SOUN) is an independent voice artificial intelligence (AI) solutions developer that enables businesses to deliver high-quality conversational experiences to their customers. The company’s products include the Houndify platform, SoundHound Chat AI, and SoundHound Smart Answering.

While we acknowledge the risk and potential of SOUN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SOUN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.