SoundHound AI is trading up 8.62% now at $7.83 as investors continue responding to its August 5 earnings release.

  • Q2 revenue reached $61.9 million, up 45% year over year and above expectations.
  • Management raised the lower end of 2026 revenue guidance to $230 million–$260 million.
  • A broader software rally, led by strong Atlassian and Doximity results, is adding sector support.