SoundHound AI (NASDAQ:SOUN – Get Free Report) and Palladyne AI (NASDAQ:PDYN – Get Free Report) are both computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, earnings, analyst recommendations, institutional ownership, profitability, dividends and valuation.
Analyst Recommendations
This is a summary of recent recommendations for SoundHound AI and Palladyne AI, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| SoundHound AI | 0 | 3 | 4 | 0 | 2.57 |
| Palladyne AI | 0 | 0 | 1 | 0 | 3.00 |
SoundHound AI presently has a consensus target price of $12.36, indicating a potential downside of 20.79%. Palladyne AI has a consensus target price of $15.00, indicating a potential upside of 51.06%. Given Palladyne AI’s stronger consensus rating and higher probable upside, analysts clearly believe Palladyne AI is more favorable than SoundHound AI.
Risk and Volatility
Insider & Institutional Ownership
19.3% of SoundHound AI shares are owned by institutional investors. Comparatively, 26.0% of Palladyne AI shares are owned by institutional investors. 12.3% of SoundHound AI shares are owned by insiders. Comparatively, 12.0% of Palladyne AI shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Profitability
This table compares SoundHound AI and Palladyne AI’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| SoundHound AI | -163.58% | -55.58% | -31.70% |
| Palladyne AI | -722.22% | -56.81% | -37.45% |
Valuation & Earnings
This table compares SoundHound AI and Palladyne AI”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| SoundHound AI | $45.87 million | 125.75 | -$88.94 million | ($0.36) | -43.33 |
| Palladyne AI | $6.15 million | 48.62 | -$115.59 million | ($2.16) | -4.60 |
SoundHound AI has higher revenue and earnings than Palladyne AI. SoundHound AI is trading at a lower price-to-earnings ratio than Palladyne AI, indicating that it is currently the more affordable of the two stocks.
Summary
SoundHound AI beats Palladyne AI on 9 of the 14 factors compared between the two stocks.
About SoundHound AI
SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant. The company's products also include CaiNET software that uses machine learning to enhance how domains work together to handle queries; CaiLAN software that arbitrates responses so users get answers from the right domain; Dynamic Interaction a real-time, multimodal customer service interface; Smart Ordering which offers an easy-to-understand voice assistant for restaurants; Employee Assist; automatic speech recognition; natural language understanding; wake words; custom domains; text-to-speech; and embedded voice solutions. The company was founded in 2005 and is headquartered in Santa Clara, California.
About Palladyne AI
Palladyne AI Corp., a software company, focuses on delivering software that enhances the utility and functionality of third-party stationary and mobile robotic systems in the United States. Its Artificial Intelligence (AI)/ Machine Learning (ML) software platform enables robots to observe, learn, reason, and act in structured and unstructured environments. The company's software platform enables robotic systems to perceive their environment and quickly adapt to changing circumstances by generalizing from their experience using dynamic real-time operations without extensive programming and with minimal robot training. It serves customers from various industries, such as industrial manufacturing, warehousing and logistics, defense, infrastructure maintenance and repair, energy, aerospace and aviation, and others. The company was formerly known as Sarcos Technology and Robotics Corporation and changed its name to Palladyne AI Corp. in March 2024. Palladyne AI Corp. was founded in 2017 and is headquartered in Salt Lake City, Utah.
Receive News & Ratings for SoundHound AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoundHound AI and related companies with MarketBeat.com's FREE daily email newsletter.
