Wedbush: SoundHound AI (SOUN.US) begins a new stage of growth! The potential increase in stock price is up to 26%.

Finance app Wise Finance learned that investment bank Wedbush stated that the performance and guidance released by AI voice recognition company SoundHound AI (SOUN.US) have laid the foundation for the next stage of growth in its artificial intelligence (AI) business. The bank maintains an "outperform" rating on SoundHound AI with a target price of $18. This target price represents a nearly 26% upside from the stock's closing price of $14.23 on Thursday.