12 Most Shorted Stocks in 2025

Page 2 of 10

9. SoundHound AI, Inc. (NASDAQ:SOUN)

Number of Hedge Fund Holders: 21

Short % of Shares Outstanding (as of February 28): ~30.4%

SoundHound AI, Inc. (NASDAQ:SOUN) is engaged in developing independent voice AI solutions that enable businesses across automotive, TV, and IoT, and to customer service industries to provide high-quality conversational experiences to their customers. H.C. Wainwright analyst Scott Buck reaffirmed a “Buy” rating on the company’s stock with a steady price target of $26.00. SoundHound AI, Inc. (NASDAQ:SOUN) raised its FY 2025 revenue outlook to $157 million – $177 million. This upward revision is considered a positive sign by H.C. Wainwright. The firm believes that the revenue range might tighten towards the higher end as 2025 progresses. The H2 2025 is projected to be stronger because of seasonal factors and its efforts in cross-selling and upselling.

As per the analyst, SoundHound AI, Inc. (NASDAQ:SOUN)’s financial position seems to be strong. Its total cash and cash equivalents came in at $198 million at December 31, 2024, with no outstanding debt. This provides the flexibility to focus on organic growth initiatives or consider M&As. Notably, 2024 was a breakthrough year for SoundHound AI, Inc. (NASDAQ:SOUN). It improved its leadership position in voice and conversational AI with the help of major customer wins, expanded partnerships, groundbreaking generative AI innovation, and strategic acquisitions.

Page 2 of 10