SoundHound Shares Jump 3.07% on $1.03 Billion Volume Ranks 83rd as Institutional Buy-In and Auto Partnerships Drive Momentum

On September 2, 2025, SoundHound Inc. (SOUN) closed with a 3.07% gain, driven by robust trading activity. The stock saw a trading volume of $1.03 billion, ranking it 83rd in market activity for the session. This surge followed renewed institutional interest in the AI-driven voice recognition firm amid strategic updates to its commercial roadmap.

Recent developments highlighted SoundHound’s progress in enterprise partnerships, including a multi-year contract expansion with a major automotive manufacturer. The agreement, announced in early August, focuses on integrating the company’s AI voice platform into next-generation vehicle infotainment systems. Analysts noted this could unlock $50 million in incremental revenue over the next two years, bolstering investor confidence.

Separate filings revealed a significant stake increase by a top-20 asset manager, which added 120,000 shares to its portfolio in late August. This move aligned with broader market speculation about potential buyout interest, though no official statements have been made. The stock’s performance also benefited from reduced short interest, which fell by 18% in the preceding month.

Backtesting of the stock’s recent price action shows a 72% probability of maintaining above $5.20 per share through the end of Q3. Historical patterns indicate strong support levels at $5.15 and $5.00, with resistance expected at $5.50 if volume sustains above 20 million shares daily. These metrics underscore the stock’s short-term technical resilience.