This Incredible AI Stock's Management Predicts Revenue Will Double in 2025. Should You Buy It?
When a management team predicts its revenue will double during its next fiscal year, investors should pay attention. This isn't a common occurrence, and it can reveal broader trends in the industry whenever a company predicts revenue will have a big jump.SoundHound AI (NASDAQ: SOUN) recently made this exact prediction, and investors responded by sending the stock up following earnings. Could there be even more room to run with revenue projected to double?SoundHound is clearly an artificial intelligence (AI) company, but how it uses AI is different. Instead of requiring a text input, it uses audio.Continue reading
When a management team predicts its revenue will double during its next fiscal year, investors should pay attention. This isn't a common occurrence, and it can reveal broader trends in the industry whenever a company predicts revenue will have a big jump.
SoundHound AI (NASDAQ: SOUN) recently made this exact prediction, and investors responded by sending the stock up following earnings. Could there be even more room to run with revenue projected to double?
SoundHound is clearly an artificial intelligence (AI) company, but how it uses AI is different. Instead of requiring a text input, it uses audio.
