SoundHound AI Q1 Sales Forecast of $42.8M (+46.9%) Drives Strong-Buy Rating
SoundHound AI’s consensus EPS estimate for the current quarter is a loss of $0.04 per share, reflecting a 33.3% improvement year-over-year while remaining unchanged over the past 30 days. The stock holds a strong-buy Rank #1 rating after revenue estimates of $42.8 million (+46.9% yoy) and an F valuation grade.
1. Earnings Estimate Revisions
Consensus EPS for the current quarter is a loss of $0.04 per share, a 33.3% improvement compared with last year, with estimates unchanged over the past 30 days. Full-year projections show a loss of $0.06 per share (+53.9% yoy) with a 1.3% upward revision, while next fiscal year’s estimate of $0.04 per share (+40% yoy) remains stable.
2. Revenue Growth Forecast
Analysts forecast $42.8 million in sales for the current quarter (+46.9% yoy), with full-year revenue of $232.65 million (+37.7%) and $277.09 million (+19.1%) next fiscal year. In the last reported quarter, the company delivered $55.06 million in revenue (+59.4% yoy), beating estimates by 2.04%.
3. Valuation and Rating
The stock holds a proprietary strong-buy Rank #1 rating, reflecting the scale of recent estimate revisions. Its F valuation grade indicates the shares trade at a premium to peers, suggesting elevated investor expectations.