Should You Buy SoundHound AI Stock After Its 67% Plunge? The Answer Might Surprise You.

SoundHound AI (SOUN) has fallen 67% from its late 2024 peak, even as the company delivered 45% revenue growth in Q2 2026 and raised its full-year outlook. The pending acquisition of LivePerson (LPSN) is projected to drive 2027 revenue to $350-400 million, while the company's new OASYS platform positions it to build custom AI voice agents for enterprise clients.

Despite the top-line momentum, SOUN trades at a 16.7 price-to-sales ratio and continues posting significant losses. The Motley Fool analysts cite execution risk tied to the LivePerson integration and valuation concerns as reasons to stay on the sidelines, recommending investors wait for a more attractive entry point before buying the dip.

The sharp disconnect between operational performance and stock price reflects broader market skepticism about profitability timelines in the AI voice sector. SoundHound's ability to convert its platform momentum and M&A activity into a sustainable path to earnings remains the central question for traders evaluating the name.