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Shares of SoundHound AI Inc. (SOUN) have barely managed to cross the 200-day moving average (200-DMA) just once in 2026 so far, and with first-quarter earnings approaching, the stock still remains more than 41% below the average line.
SoundHound AI shares were up nearly 6% in Friday morning’s trade, after ending April with gains of nearly 16%.

Wall Street expects SoundHound AI to report a loss of $0.01 per share during the first quarter (Q1), narrowing from a loss of $0.09 per share during the same period a year ago, according to Fiscal.ai data.
Analysts expect the company to report a 40% year-on-year revenue surge to $42.56 million during the first quarter.
SoundHound AI has a mixed record with Wall Street estimates. While its earnings have beaten estimates in two of the previous four quarters, its revenue has surpassed expectations in three of the past four quarters.
SoundHound AI is set to report its Q1 earnings on May 7, after the closing bell.
SoundHound AI announced an expansion of its partnership with Casey’s last month, allowing the convenience retailer and pizza chain to deploy technology that can answer incoming calls from customers automatically.
The company stated that its AI agents can also answer menu-related questions and provide information about ongoing promotions and specials in Casey’s stores.
SoundHound AI also announced last month that it had entered into a definitive agreement to acquire LivePerson Inc. (LPSN) for an equity value of $43 million. The company stated that it expects to generate at least $350 million to $400 million in revenue in 2027, including a minimum contribution of $100 million from LivePerson’s long-tenured customers.
Retail sentiment on Stocktwits around SoundHound AI trended in the ‘bullish’ territory, with message volumes at ‘high’ levels at the time of writing.
One bullish user on the platform stated that, in the past, a rally in SOUN stock has begun three days before earnings.
Another user stated that investors should expect some turbulence in the stock before a rally.
SOUN stock is down 16% year-to-date and 8% over the past 12 months. The iShares Russell 2000 ETF (IWM) is up 42% over the past 12 months, while the Vanguard Small-Cap Index Fund ETF (VB) is up 31%.
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