SoundHound jumps as much as 15% after earnings beat, finding gains even after growth stocks got thumped

SoundHound, the AI voice tech company, surged in trading on Friday after crushing Q4 earnings and raising its 2025 outlook. Revenue doubled year over year to $34.5 million — its “strongest quarter on record,” per CEO Keyvan Mohajer — beating analyst estimates of $33.7 million. Adjusted EPS came in at a loss of $0.05 per share, topping Wall Street’s expected $0.08 per share loss, according to Barron’s. The surge came despite many other high-flying growth stocks coming under intense scrutiny after yesterday’s sell-off.

After going public in 2022, SoundHound AI spent nearly two years as a penny stock — until it got a major bump in February 2024, when AI darling Nvidia disclosed a stake in the company, catalyzing a staggering 800% run-up in its shares last year.

2025 started off rough, with shares sliding ~30% — but the bigger blow came two weeks ago when an SEC filing revealed that Nvidia had completely shed its stake in Q4, triggering a ~28% single-day drop. Mohajer brushed off the panic, calling it “a bit of an overreaction,” in an interview with Barron’s. 

Specializing in voice AI for businesses, SoundHound currently automates customer orders at over 10,000 restaurants in the US, including Chipotle and Jersey Mike’s. In January, the company unveiled an in-car voice commerce platform that allows drivers to order and pay for takeout hands-free — though investors weren’t impressed, with shares dipping 10% after the announcement.