Nebius Group's Stock Surge: Nebius Group NV has experienced a remarkable stock increase of 513% over the past year, driven by a significant $17.4 billion AI infrastructure deal with Microsoft and a 625% revenue growth last quarter.
ETF Interest and Concerns: The company's rapid rise has caught the attention of ETF managers, who are evaluating the implications of its high valuation, which exceeds 29 times projected 2026 sales, and its potential inclusion in various thematic funds.
Potential ETF Candidates: Funds like the Global X Artificial Intelligence & Technology ETF (AIQ) and the WisdomTree Artificial Intelligence and Innovation Fund (WTAI) are considering Nebius for their portfolios, although its volatility and high valuation present risks.
Profitability Concerns: The ROBO Global Artificial Intelligence ETF (THNQ) is also eyeing Nebius, but it typically waits for consistent profitability before investing, a criterion that Nebius has not yet met.
Wall Street analysts forecast SOUN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SOUN is 16.60 USD with a low forecast of 11.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
Wall Street analysts forecast SOUN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SOUN is 16.60 USD with a low forecast of 11.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 10.900
Low
11.00
Averages
16.60
High
26.00
Current: 10.900
Low
11.00
Averages
16.60
High
26.00
Piper Sandler
Neutral
downgrade
$15 -> $11
2026-01-05
Reason
Piper Sandler
Price Target
$15 -> $11
AI Analysis
2026-01-05
downgrade
Neutral
Reason
Piper Sandler lowered the firm's price target on SoundHound to $11 from $15 and keeps a Neutral rating on the shares. The firm adjusted its estimates given 10Q disclosures.
Cantor Fitzgerald
Neutral -> Overweight
upgrade
$13 -> $15
2025-12-12
Reason
Cantor Fitzgerald
Price Target
$13 -> $15
2025-12-12
upgrade
Neutral -> Overweight
Reason
Cantor Fitzgerald last night upgraded SoundHound to Overweight from Neutral with a price target of $15, up from $13. The firm recommends taking advantage of the recent pullback in the shares. SoundHound has executed "very well," cross- selling and upselling voice and conversational artificial intelligence services to its installed base, the analyst tells investors in a research note. Cantor believes expectations are relatively low heading into 2026. It continues to view conversational AI and voice AI as meaningful beneficiaries of secular AI growth trends.
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Cantor Fitzgerald
Thomas Blakey
Neutral -> Overweight
upgrade
$13 -> $15
2025-12-11
Reason
Cantor Fitzgerald
Thomas Blakey
Price Target
$13 -> $15
2025-12-11
upgrade
Neutral -> Overweight
Reason
Cantor Fitzgerald analyst Thomas Blakey upgraded SoundHound to Overweight from Neutral with a price target of $15, up from $13.
Piper Sandler
Neutral
maintain
$12 -> $15
2025-11-07
Reason
Piper Sandler
Price Target
$12 -> $15
2025-11-07
maintain
Neutral
Reason
Piper Sandler raised the firm's price target on SoundHound to $15 from $12 and keeps a Neutral rating on the shares following quarterly results. The firm notes the company reported results that were slightly better than expected, with a large IoT win an interesting highlight as SoundHound shows traction in APAC, but Q4 organic guide was implicitly lowered.
About SOUN
SoundHound AI, Inc. is engaged in conversational intelligence, offering voice and conversational artificial intelligence (AI) solutions that let businesses offer experiences to their customers. Through its proprietary technology, its voice AI delivers speed and accuracy in numerous languages to product creators and service providers across retail, financial services, healthcare, automotive, smart devices, and restaurants via AI-driven products, such as Smart Answering, Smart Ordering, Dynamic Drive Thru, and Amelia AI Agents. Along with SoundHound Chat AI, a voice assistant with integrated Generative AI, it powers various products and services, and processes billions of interactions each year for businesses. Its developer platform, Houndify, is an open-access platform that allows developers to leverage its Voice AI technology and a library of over 100 content domains, including commonly used domains for points of interest, weather, flight status, sports and more.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
