SoundHound AI shares fell 20% in June to $7.35 despite a $100 million LivePerson acquisition targeting $350 million in 2027 revenue. A $300 million ATM filing and negative $26.26 million quarterly cash burn cloud the outlook. The consensus analyst target is $14, but a smarter entry is near $6.50.
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Summary by ByteBrief
SoundHound AI: A Real Business, But Not A Real Bargain