SoundHound AI Targets $350M+ Revenue by 2027 with LivePerson Deal, Faces 42% Short Interest
SOUN sits 39% above its 52-week low of $5.65 on elevated volume (2.1× avg).
Summary
SoundHound AI is acquiring LivePerson for $43M, closing in H2 2026. The company maintains its 2027 revenue target of $350–$400M, expecting at least $100M from LivePerson and a $500M cross-sell opportunity. This follows the amended merger agreement filed in July, which reduced equity consideration. The stock has a 42.27% short interest, the highest among mid-to-large caps, setting up a potential squeeze if execution meets targets. Upcoming earnings and updates will be critical for validating the combined entity's trajectory.
At the time of this announcement, SOUN was trading at $7.84 on NASDAQ in the Technology sector, with a market capitalization of approximately $3.5B. The 52-week trading range was $5.65 to $22.17. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.