Sep. 13 at 3:06 PM
$SOUN The stock has rallied nearly 50% over the past quarter, fueled by partnerships in automotive voice AI & healthcare platforms, along with analysts like Wedbush reiterating “Outperform” & dangling a
$16 price target. Momentum, not profitability, is the real engine here. Losses remain, insider selling is visible, & valuation already stretches the imagination. Execution risk hangs over everything: SoundHound has to prove it can scale.
#RKT Notes: The Redfin purchase. Fifty million monthly visitors now feed into a mortgage machine already chained to rate cycles. A funnel. Falling rates. Rates down, volumes up. This is the entire “thesis.” It was true yesterday, it will be true tomorrow. Mr. Cooper promises
$500 million in “synergies.” Redfin synergies. Over
$200 million projected. Allegedly from cost cuts & cross-selling. EPS boost. Analysts raised 2026 EPS forecasts by 11%. The uptick relies on rate declines & synergies.