SoundHound AI Inc. hit a new 52-week low on October 15, 2026. The stock’s low was $4.46, and it closed at $4.45.
Shares have fallen more than 80% from their 52-week high of $22.17. They are down approximately 78% year to date.
The decline came despite the company reporting record revenue for the second quarter of 2026 and a smaller-than-expected loss.
Analysts say the company’s fundamentals show some positive signs. One estimate puts fair value at $5.04, suggesting the stock may be undervalued.
The Relative Strength Index indicates the stock is in oversold territory, which could point to a potential rebound. However, concerns about cash consumption and the path to profitability continue to weigh on shares.