OpenTable And Parkopedia Deals Might Change The Case For Investing In SoundHound AI (SOUN)

  • In December, OpenTable announced a collaboration with SoundHound AI to power in-car voice reservations across its network of more than 60,000 restaurants, while SoundHound also deepened its work with Parkopedia to add an AI parking agent to its in-car voice commerce platform.

  • These integrations highlight how SoundHound is trying to embed its conversational AI directly into everyday driving and dining experiences, potentially increasing real-world usage and appeal to enterprise partners.

  • We’ll now examine how SoundHound’s expanded in-car restaurant booking and parking capabilities may influence its broader investment narrative.

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To own SoundHound AI, you have to believe that independent conversational AI can become deeply embedded in everyday services and that scale will eventually narrow today’s sizeable losses. The OpenTable and Parkopedia integrations support the near term catalyst of broader real world usage, but they do little to resolve the main risk that rising costs and continued net losses keep profitability out of reach.

The OpenTable in car reservation rollout is especially relevant here, because it sits inside SoundHound’s voice commerce vision and shows how the company is trying to extend beyond automotive infotainment into direct, transaction oriented use cases that could help smooth out lumpy enterprise deal timing.

Yet behind these appealing integrations, investors should still be aware of the risk that…

Read the full narrative on SoundHound AI (it’s free!)

SoundHound AI’s narrative projects $308.5 million revenue and $40.4 million earnings by 2028. This requires 32.9% yearly revenue growth and a $265.8 million earnings increase from $-225.4 million today.

Uncover how SoundHound AI’s forecasts yield a $16.94 fair value, a 60% upside to its current price.

SOUN 1-Year Stock Price Chart
SOUN 1-Year Stock Price Chart

Fifteen fair value estimates from the Simply Wall St Community span roughly US$3 to US$29 per share, underlining how far apart opinions can be. Against that backdrop, SoundHound’s ongoing losses and uncertain path to profitability give you a concrete reason to compare several of these viewpoints before deciding what the stock’s future might mean for your own portfolio.

Explore 15 other fair value estimates on SoundHound AI – why the stock might be worth over 2x more than the current price!

Disagree with existing narratives? Create your own in under 3 minutes – extraordinary investment returns rarely come from following the herd.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SOUN.

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