Big Trades Signal Investor Confidence in SoundHound AI

Investor confidence in SoundHound AI rises following notable bullish options trading activity. SoundHound’s stock price shows minor upward movement, reflecting growing interest despite mixed expert opinions.

Date: 11-03-2025

AI Rating: 7

Investor Sentiment and Options Activity
The report highlights a bullish sentiment among high-value investors concerning SoundHound AI (SOUN), indicated by a notable volume of options trading. The analysis recorded a split sentiment of 62% bullish and 37% bearish among significant trades. This indicates a prevailing optimism that could potentially lead to a rise in stock prices.

Options Trading Figures
Key figures show a total of $89,991 in puts (bearish bets) and $350,659 in calls (bullish bets), signaling substantial confidence in SoundHound AI's upward price trajectory. The targeted price range over the upcoming three months is set between $7.00 and $12.00. The trading volume and open interest suggest a strong interest in the underlying asset, further solidifying the potential for price movements.

Current Market Status
SoundHound AI is currently trading at $8.62 with a slight upward movement of 0.58%. With an expected earnings announcement in 58 days, investors will be keen to see if the company's performance aligns with the bullish options activity.

Expert Ratings and Price Targets
Differing expert opinions offer a glimpse into potential future performance. One analyst has lowered its rating to Buy with a revised target price of $26, while another maintains a Buy rating at a target of $13. The consensus target price among market experts remains significantly higher, set at $19.5. This discrepancy between expectations and current pricing can indicate potential volatility ahead for SOUN shares.

Stocks: SOUN