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Shares of SoundHound AI Inc., which provides voice-technology software powered by artificial intelligence, are up 4.4% to $17.66 in premarket trading, continuing the stock's rise recent rise.

In a note released Sunday Wedbush raised its SoundHound (SOUN) price target to $22 from $10, with analyst Dan Ives noting the company's "demand mojo" and "solid AI driven momentum" heading into 2025.

SoundHound AI have shares have surged in late 2024, climbing nearly 160% in the past month alone, and Wedbush more growth is coming. Read more here.

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