Can SoundHound Stock Reach $20 Again? Here's the Answer.
Key Points
SoundHound's stock price is in a slump, falling more than 30% so far this year.
The company's acquisition of LivePerson is something investors will want to watch.
Successfully integrating LivePerson into its offerings should help the stock rebound.
- 10 stocks we like better than SoundHound AI ›
As it sinks below $7, it's easy to forget that SoundHound AI (NASDAQ: SOUN) once traded above $20 in late December 2024 and early January 2025. Since then, however, SoundHound's stock price has been on a downward march, with shares slumping more than 30% in 2026.
For the stock price to regain momentum, SoundHound needs to finalize an acquisition, turn that acquisition into a revenue generator, and move closer to profitability. It's possible for all that to happen, but it will take time.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Image source: Getty Images.
Finalizing and monetizing the deal
SoundHound is in the process of acquiring LivePerson for an equity value of $43 million. The acquisition target offers artificial intelligence (AI) agents that businesses can use to answer website questions or reply to text messages.
LivePerson reported revenue of more than $243 million in 2025, but it also reported a net loss of more than $67 million and has been financially struggling over the last several years. Still, SoundHound believes LivePerson's digital messaging offerings complement its voice-enabled AI solutions and projects that LivePerson will contribute $100 million in revenue in 2027.
That would be quite a meaningful contribution, as SoundHound forecasts its 2026 full-year revenue will fall between $225 million and $260 million.
What comes next?
The LivePerson deal is expected to close in the second half of 2026. Once that is finalized, how well SoundHound integrates LivePerson into its operations can start to show up in the results.
If SoundHound executes on that integration, investors will look for the AI company to move closer to profitability. If all that happens, the stock price can regain some footing and start working its way back up to that $20 range it was previously in.
Since the acquisition still needs to close, this will take some time. SoundHound has upside, but the stock price may still keep sliding or trading sideways until the uncertainty over whether the LivePerson deal is a savvy move or a misstep clears up.
Should you buy stock in SoundHound AI right now?
Before you buy stock in SoundHound AI, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoundHound AI wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $433,268!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,259,391!*
Now, it’s worth noting Stock Advisor’s total average return is 935% — a market-crushing outperformance compared to 206% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of June 13, 2026.
Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends SoundHound AI. The Motley Fool has a disclosure policy.
Recommended Articles
