With Nearly 40% Short Interest, Is SoundHound Stock a Buy or Sell?
SoundHound AI faces significant short interest due to its pending acquisition of troubled LivePerson, which will bring considerable debt. However, the company shows strong revenue growth (45% in Q2), successful integration of past acquisitions, and momentum with its new OASYS AI platform. While unprofitable and trading at a high forward P/S ratio of 12x, the stock presents a speculative opportunity if the company can stabilize LivePerson's declining customer base and upsell them to higher-priced AI solutions.
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