SoundHound AI (SOUN 0.16%) is a popular AI stock due to its growth rate and size. It’s a relatively small company at a $5 billion market cap, but its revenue is rising at over 50% year over year. Despite this, its stock has sold off heavily over the past few weeks and has fallen nearly 40% from its all-time high. That’s a deep sell-off, and it may have many investors wondering if now is the time to buy the stock.
What matters for a company’s stock price is the future, and SoundHound AI’s looks bright. I think its stock price could be much higher by 2030, and if it goes right for SoundHound AI, it’s a must-buy at these levels.
Image source: Getty Images.
