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SoundHound AI stock swings from under $2 to above $24
SoundHound AI is now trading just over $7 a share, after a roughly five-fold drop from its late-2025 levels and a peak above $24 at the end of 2024, with the company valued at about $3.1 billion.
SoundHound AI has seen sharp swings in its share price over the past few years, falling to below $2 in January 2024 before topping out at more than $24 by the end of that year, according to Yahoo Finance.
After nearly revisiting those late-2024 highs in late 2025, the stock later pulled back materially and now trades at just over $7 per share.
The outlet notes that while market hype may have helped drive the earlier surge, SoundHound AI’s business is also focused on audio recognition and AI integration software, including tools used to automate order taking in quick-service restaurants and drive-through operations.
Yahoo Finance also points to potential applications in customer service for healthcare, insurance, and financial industries, where it says several clients have signed up to test the products, and it cites a current market capitalization of about $3.12 billion.