SoundHound AI ($SOUN) has seen a dramatic rise in its stock value, reportedly up nearly 1000% in 2024. The company participated in a conference call hosted by Northland, where CFO Sharan discussed its financial performance. Wedbush recently raised its price target for SoundHound to $22 from $10, citing substantial demand in the voice AI market, which is projected to be worth $1 trillion. The company reported record Q3 revenue of $25.1 million, reflecting an 88% increase year-over-year. However, concerns about the business's sustainability have been raised, particularly in light of its enterprise value of $9 billion against $64 million in revenue. Analysts and investors are divided on the stock's future, with some expressing skepticism about its long-term viability.