Why is SOUN Down Today?

SOUN
$5.85
▼ -3.39% ($-0.20)
Last updated: Oct 02, 2026 7:04 PM ET

About SoundHound AI, Inc. Class A Common Stock

SoundHound AI Inc is an innovator of conversational intelligence, offering an independent Voice AI platform that enables businesses across industries to deliver high-quality conversational experiences to customers. The company's voice AI delivers speed and accuracy in numerous languages to product c...

Sector: SERVICES-PREPACKAGED SOFTWARE
Market Cap: $6.58B
Forward P/E: -209.6
52-Week Range: $5.65 - $22.17
Employees: 842

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 SERVICES-PREPACKAGED SOFTWARE sector moving together
This appears to be a sector-wide move. The SERVICES-PREPACKAGED SOFTWARE sector is down 1.6% on average.

✅ Move Confirmation

LOW VOLUME 0.8x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

SERVICES-PREPACKAGED SOFTWARE sector: -1.6%

This appears to be a sector-wide move. Most SERVICES-PREPACKAGED SOFTWARE stocks are moving in the same direction.

Market Comparison

SOUN is significantly underperforming the market (-4.0% vs SPY)
S&P 500
SPY
+0.65%
Nasdaq 100
QQQ
+0.91%
SOUN
This Stock
-3.39%
vs S&P 500: -4.04%
vs Nasdaq: -4.3%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, SOUN is expected to trade between:
$5.67 - $5.96

Key Level to Watch

$5.55 support
Watch for breakdown below $5.84

🔔 Get SOUN Alerts

We'll notify you when SOUN's trend changes or a new signal fires.

Last updated: Oct 02, 2026 7:04 PM (-289 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.29
Put/Call Ratio
95.1%
Implied Volatility
Call Volume: 67,336
Put Volume: 19,698
Total: 87,034
Unusual Activity: $6 CALL (4,628 vol) $6 CALL (4,519 vol) $6 CALL (3,970 vol)

Historical Context

SOUN has moved more than 3.0% down on 63 occasions in the past year.

52.4%
Continuation Rate
33/63 times continued down
-0.03%
Avg Next Day Change
After similar down moves
Last similar move: Sep 28, 2026 (-3.6%) → Next day: +0.2%

Frequently Asked Questions

Why is SOUN stock down today?

This appears to be a sector-wide move. The SERVICES-PREPACKAGED SOFTWARE sector is down 1.6% on average.

Is SOUN stock a buy or sell right now?

Based on current analysis, SOUN shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the SOUN stock price target?

SOUN is currently trading at $5.85. Based on today's momentum, the expected short-term range is $5.67 - $5.96. See long-term price prediction →

Will SOUN stock continue falling?

Our analysis shows a 45% probability that SOUN's move continues in the next 1-3 days. Key level to watch: $5.55 (support).

Is SOUN stock oversold or overbought?

SOUN's RSI (Relative Strength Index) is currently at 38.1. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for SOUN stock?

SOUN's 10-day momentum indicator is at -0.1. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is SOUN outperforming or underperforming the market?

SOUN (-3.39%) is currently significantly underperforming the market (-4.0% vs SPY). Today, the S&P 500 (SPY) is up 0.65%, and Nasdaq (QQQ) is up 0.91%.

What does MACD indicate for SOUN?

SOUN's MACD (-0.22) is currently below the signal line (-0.22), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 20.2) is moderate.

Is SOUN in an uptrend or downtrend?

Based on moving average analysis, SOUN is in a bearish trend. The price ($5.85) is trading below both the 20-day SMA ($6.14) and 50-day SMA ($6.59). This alignment typically indicates sustained downward pressure.

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