SOUN Records Best Week In 9 Months On Liveperson Acquisition, Casey’s Partnership

• SOUN stock gained 26% this week, its best since August 2025.
• The firm announced the acquisition of LivePerson on Tuesday.
• Wedbush maintained its ‘Outperform’ rating on the stock. 

SoundHound AI (SOUN) stock gained nearly 5% on Friday to end its best week in nine months amid analyst optimism around its LivePerson acquisition and an expansion of its partnership with the U.S.’s third-largest convenience retailer, Casey’s. 

SOUN will acquire LivePerson, an enterprise leader in predictable conversational AI, for $43 million, which analysts expect to create a strong foundation for customer interactions annually. 

SoundHound projects revenue of $350 million to $400 million by 2027, including at least $100 million from LivePerson’s existing customer base.

SoundHound, a leader in independent voice and conversational artificial intelligence, also announced on Thursday the renewal and expansion of its long-standing partnership with Casey's, the third-largest convenience retailer and the fifth-largest pizza chain in the United States.

The expansion will lead to the deployment of SOUN services at 2,600 Casey’s stores. 

What Analysts said

Wedbush maintained its ‘Outperform’ rating on SOUN stock and kept its 12-month price target at $12 following the acquisition.

“We believe this was a strategic move by SOUN that will better position the company to meet this transformational market shift coming while broadening its customer portfolio,” Wedbush analysts wrote in a note. 

Wedbush analysts also described the acquisition as a strategic step toward revenue growth and as a means of enhancing the company’s data.

Retail Take

Retail sentiment on Stocktwits was ‘extremely bullish’ with ‘high’ message volumes. 

One user highlighted how companies providing software-as-a-service (SaaS) are regaining popularity. 

Another user praised SOUN’s dealmaking skills.

The stock has dropped 18% year-to-date. 

For updates and corrections, email newsroom[at]stocktwits[dot]com.