2026 forecast
For 2026, CoinCodex expects to see SoundHound AI trading for an average annualized price of $9.43 per share. This is significantly below today's price of about $11. But, again, this is based on very limited and shaky financial data that could turn around in an instant due to the early stage of this company's growth.
I can see a case where SoundHound AI becomes a valuable asset for businesses across the spectrum. The ability to use this AI chatbot to help with things like drive-thru ordering, improving the customer experience on call trees, and making it easier to perform tasks in-car using just voice commands could easily become a successful business. Improving call trees, frankly, has been a long time coming, and if anyone can fix that, it's a problem that needs solving -- unlike possibly the hands-free voice ordering, which hasn't been much in demand for Amazon customers with Echo units.
Regardless, I think SoundHound AI will remain relatively stable unless it somehow lands a big contract next year that changes the entire equation. Like CoinCodex, $10 to $11 a share or less seems perfectly reasonable to me.
2030 forecast
2030 is a different story for SoundHound AI for a wide range of reasons. First, since it hasn't really made money yet, it's hard to know just what its margins can be, and how much market there is to be had. There's also the second problem, of whether or not we're currently in an AI bubble that's going to cause problems for this company in the near term, when or if it pops.
On the other hand, if this company hits, it's going to hit hard. It's the kind of thing that's either going nowhere or it's going everywhere, and until it does, it's hard to know its future. Even the cryptocurrency-oriented investment platform CoinCodex is struggling to predict its future, and has placed a range of $1.26 to $10.33 on its 2030 share prices, with an average annualized price of $3.82.
Basically, by 2030, you're likely to either be watching SoundHound AI hit paydirt or you'll be burying your hopes for this company in the dirt. Unfortunately, having such inconsistent performance just makes it very hard to begin to guess where this company could go.