SoundHound AI ($SOUN): Revenue Is Nearly Doubling. The Stock Is Getting Punished for It.

SoundHound AI reported record Q1 2026 revenue of $44.2 million - a 52% year-over-year increase that beat analyst consensus - and the stock fell 13% to 16% anyway. The company then dropped a $100 million acquisition of LivePerson and laid out 2027 revenue guidance of $350 million to $400 million, potentially $500 million with full integration, and the selloff continued. Wall Street's average price target of roughly $14.90 implies nearly 57% upside from current levels, but that target is a lagging consensus, not a thesis. The actual story is the disconnect between the math and the price.