SoundHound AI Surges 26.40% on $2.81 Billion Volume Jump 379% to Secure 21st in Market Activity Rankings

On August 8, 2025, SoundHound AI (SOUN) surged 26.40% to close with a trading volume of $2.81 billion, a 379.03% increase from the prior day. The stock ranked 21st in market activity, reflecting heightened investor interest driven by recent business developments.

SoundHound reported a 217% year-over-year revenue jump to $43 million in its second-quarter results, accompanied by a raised 2025 revenue forecast of $160–178 million. CEO Keyvan Mohajer highlighted cross-industry expansion, including partnerships with major automakers in Europe and North America, as well as restaurant chains like Red Lobster and Chipotle. The company is leveraging agentic AI technology to streamline voice commerce, enabling automated tasks such as restaurant orders and appointment bookings.

Analyst Gil Luria of DA Davidson noted SoundHound’s pipeline growth, with 14,000 active restaurant locations and new enterprise collaborations. He raised his price target to $15, citing the firm’s expanding market share in AI-driven customer service. Mohajer also emphasized strategic acquisitions and cost synergies, which have accelerated growth in financial services, healthcare, and insurance sectors.

The firm’s adjusted EBITDA profitability target for fiscal 2025 underscores its focus on long-term sustainability. While the recent quarter showed a $0.19-per-share loss, strong revenue growth and bullish guidance have drawn investor optimism despite broader market volatility.

A backtested strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day returned 166.71% from 2022 to 2025, outperforming the 29.18% benchmark. This highlights liquidity concentration’s role in short-term gains, particularly in volatile markets where high-volume stocks like SoundHound saw significant price movements.