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2024-08-25 21:15:45
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Summary of Prediction: SoundHound AI Will Soar Over the Next 7 Years. Here's 1 Reason Why.

Summary of Prediction: SoundHound AI Will Soar Over the Next 7 Years. Here's 1 Reason Why.
Prediction: SoundHound AI Will Soar Over the Next 7 Years. Here's 1 Reason Why.
https://media.zenfs.com/en/motleyfool.com/3a3611935ddd2162c94128693df09342



https://finance.yahoo.com/news/prediction-soundhound-ai-soar-over-153100282.html

SoundHound AI has a significant backlog of long-term contracts and unfilled orders worth $723 million, which is expected to convert into cash-based revenues over the next seven years. The company has secured new contracts and is collecting subscription fees from previously dormant contracts, leading to skyrocketing revenues. With a strong order backlog and growing revenue, SoundHound AI's stock is expected to beat the market over the next seven years.
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