Prediction: 1 Stock That Will Be Worth More Than SoundHound AI 3 Years From Now
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SoundHound AI (NASDAQ: SOUN) was one of the hottest stocks on the market in 2024, with phenomenal gains of 836% that year. Investors were buying stock in this conversational artificial intelligence (AI) solutions provider hand over fist thanks to its eye-popping growth. But the company's expensive valuation seems to have caught up with it this year.SoundHound stock has shed 46% of its value in 2025 so far. That's not surprising. Investors became risk-averse because of the tariff-fueled trade war that led to an increase in the risk of a global recession, leading to a sell-off in expensively valued stocks. SoundHound was trading at an expensive 90 times sales at the end of 2024 following its red-hot surge, which explains why it saw a sharp sell-off this year.The recent plunge in SoundHound stock brought its market cap to $4.33 billion as of this writing. However, the stock still trades at an expensive 39 times sales, which exposes it to the possibility of more downside. That's why it would be a good time to take a closer look at another fast-growing company that's trading at a much more reasonable valuation, and that has the potential to overtake SoundHound's market cap in the next three years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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