SoundHound and Parkopedia collaborate to launch a voice-activated in-vehicle parking solution, enhancing driver convenience and efficiency.
Quiver AI Summary
SoundHound AI, Inc. has announced an expanded partnership with Parkopedia to launch an in-vehicle voice AI parking agent within SoundHound's in-car voice commerce platform. This new feature integrates Parkopedia’s extensive parking database, which includes over 90 million spaces worldwide, allowing drivers to locate parking, compare prices, and make payments through voice commands. The AI agent also provides intelligent recommendations and real-time availability updates, enhancing the overall driving experience. This partnership aims to streamline parking transactions, making them faster and safer as part of a broader vision for hands-free voice commerce in vehicles. SoundHound will showcase this new capability at CES 2026 and plans to expand voice commerce functionalities across various industries.
Potential Positives
- SoundHound AI is expanding its capabilities in voice commerce by integrating with Parkopedia’s extensive global parking database, enhancing the convenience of parking for drivers.
- The collaboration allows drivers to utilize a hands-free voice AI to locate, reserve, and pay for parking, demonstrating a significant advancement in the user experience within vehicles.
- This partnership positions SoundHound as a leader in innovative automotive technologies, showcasing at CES 2026, which could attract new customers and partnerships.
- The announcement reinforces SoundHound's commitment to enhancing everyday driving tasks, potentially increasing user engagement with their voice AI products.
Potential Negatives
- Potential reliance on a partnership with Parkopedia may create vulnerability if the collaboration does not meet expectations or if issues arise.
- Limited differentiation from competitors in the voice AI parking space may affect market positioning and customer acquisition.
- Heavy reliance on voice commerce could expose the company to risks associated with user privacy and data security, especially with in-car transactions.
FAQ
What is the new partnership between SoundHound and Parkopedia?
SoundHound and Parkopedia have partnered to introduce an in-vehicle voice AI parking agent for drivers.
How does the voice AI parking agent work?
The agent allows drivers to find parking, check real-time prices, and make payments using voice commands.
What features does the Parkopedia AI Agent provide?
The agent offers intelligent recommendations, real-time availability, pricing options, and special offers like "first hour free."
Where will the partnership be showcased?
The partnership will be showcased at SoundHound’s CES 2026 booth in Las Vegas.
What other services will SoundHound's voice commerce platform support?
In addition to parking, future capabilities will include restaurant reservations, ticket purchases, and appointment scheduling.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SOUN Congressional Stock Trading
Members of Congress have traded $SOUN stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SOUN stock by members of Congress over the last 6 months:
- REPRESENTATIVE CLEO FIELDS purchased up to $15,000 on 07/16.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$SOUN Insider Trading Activity
$SOUN insiders have traded $SOUN stock on the open market 32 times in the past 6 months. Of those trades, 0 have been purchases and 32 have been sales.
Here’s a breakdown of recent trading of $SOUN stock by insiders over the last 6 months:
- KEYVAN MOHAJER (CEO) has made 0 purchases and 4 sales selling 511,553 shares for an estimated $6,969,870.
- MAJID EMAMI (VP, Engineering) has made 0 purchases and 7 sales selling 391,648 shares for an estimated $4,819,503.
- NITESH SHARAN (Chief Financial Officer) has made 0 purchases and 7 sales selling 298,083 shares for an estimated $4,418,815.
- TIMOTHY STONEHOCKER (Chief Technology Officer) has made 0 purchases and 6 sales selling 186,484 shares for an estimated $2,765,233.
- MICHAEL ZAGORSEK (Chief Operating Officer) has made 0 purchases and 3 sales selling 187,017 shares for an estimated $2,213,828.
- JAMES MING HOM (Chief Product Officer) has made 0 purchases and 3 sales selling 121,649 shares for an estimated $1,418,046.
- DIANA SROKA has made 0 purchases and 2 sales selling 4,143 shares for an estimated $45,283.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SOUN Hedge Fund Activity
We have seen 265 institutional investors add shares of $SOUN stock to their portfolio, and 194 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BANK OF AMERICA CORP /DE/ removed 10,862,321 shares (-46.6%) from their portfolio in Q3 2025, for an estimated $174,666,121
- TIDAL INVESTMENTS LLC added 6,632,396 shares (+22180.4%) to their portfolio in Q3 2025, for an estimated $106,648,927
- PRICE T ROWE ASSOCIATES INC /MD/ added 6,470,590 shares (+2112.9%) to their portfolio in Q3 2025, for an estimated $104,047,087
- VANGUARD GROUP INC added 6,132,648 shares (+16.4%) to their portfolio in Q3 2025, for an estimated $98,612,979
- MORGAN STANLEY added 2,061,443 shares (+51.4%) to their portfolio in Q3 2025, for an estimated $33,148,003
- GOLDMAN SACHS GROUP INC removed 1,778,369 shares (-50.2%) from their portfolio in Q3 2025, for an estimated $28,596,173
- IMC-CHICAGO, LLC added 1,615,787 shares (+4044.1%) to their portfolio in Q3 2025, for an estimated $25,981,854
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$SOUN Analyst Ratings
Wall Street analysts have issued reports on $SOUN in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- DA Davidson issued a "Buy" rating on 11/18/2025
- HC Wainwright & Co. issued a "Buy" rating on 09/17/2025
- Wedbush issued a "Outperform" rating on 09/11/2025
- Ladenburg Thalmann issued a "Buy" rating on 08/11/2025
To track analyst ratings and price targets for $SOUN, check out Quiver Quantitative's $SOUN forecast page.
$SOUN Price Targets
Multiple analysts have issued price targets for $SOUN recently. We have seen 5 analysts offer price targets for $SOUN in the last 6 months, with a median target of $16.0.
Here are some recent targets:
- Gil Luria from DA Davidson set a target price of $17.0 on 11/18/2025
- James Fish from Piper Sandler set a target price of $15.0 on 11/07/2025
- Scott Buck from HC Wainwright & Co. set a target price of $26.0 on 10/16/2025
- Daniel Ives from Wedbush set a target price of $16.0 on 09/11/2025
- Glenn Mattson from Ladenburg Thalmann set a target price of $16.0 on 08/11/2025
Full Release
SANTA CLARA, Calif. and LONDON, Nov. 25, 2025 (GLOBE NEWSWIRE) -- SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and conversational AI, today announced an expanded partnership with Parkopedia, the world’s leading connected car services provider, to introduce an in-vehicle voice AI parking agent as part of SoundHound’s in-car voice commerce platform.
The collaboration integrates Parkopedia’s extensive global parking database — covering more than 90 million spaces in over 20,000 cities — with SoundHound’s in-car voice commerce platform. Drivers can now simply ask their vehicle to find parking, compare real-time prices and availability, and complete payments on the spot — all within seconds, and all by voice.
The new Parkopedia AI Agent provides proactive, intelligent recommendations, such as suggesting parking near a destination, surfacing special offers like “first hour free” and presenting real-time availability and pricing options — adding both convenience and value to the driving experience.
Example scenario:
- DRIVER: “Navigate me to Grand Central Market, LA.”
- AI VOICE AGENT: “Navigating to Grand Central Market. Parking looks busy at Grand Central Market. Would you like me to find you available parking near your destination?”
- DRIVER: “Yes, please.”
- AI VOICE AGENT: “There are five parking locations near Grand Central Market. The closest is Nevada Boulevard with availability and a pre-paid payment option. I’ve shown the associated costs on screen, would you like to reserve a spot?”
- DRIVER: “Yes, please reserve it.”
- AI VOICE AGENT: “Your parking is confirmed and paid, the first hour is free. Navigation is set.”
“At Parkopedia, our goal has always been to remove friction from parking, a traditionally challenging element, that detracts from the driving experience,” said Duncan Licence, Chief Product Officer at Parkopedia. “By integrating our global parking database with SoundHound’s advanced voice AI, we’re making it possible for drivers to seamlessly find, reserve and pay for parking using nothing more than their voice in a major step forward in convenience and safety on the road.”
“Agentic voice commerce is redefining how drivers interact with their vehicles, allowing them to make hands-free purchases and complete transactions on the go. Parking is a natural application,” said Michael Zagorsek, COO at SoundHound AI. “Together with Parkopedia, we’re giving drivers a fully conversational, hands-free way to find and pay for parking on the go. It's part of our broader vision to make everyday in-car tasks effortless, intelligent, and connected.”
Voice commerce first debuted at CES 2025 with in-vehicle food ordering . With Parkopedia, SoundHound is expanding the platform to essential driving-related services by enabling frictionless, voice-powered parking transactions, demonstrating how conversational AI can make everyday tasks faster, simpler and safer.
The partnership between Parkopedia and SoundHound will be showcased at SoundHound’s CES 2026 booth in the Las Vegas Convention Center (West Hall, Booth #5867). SoundHound plans to enable new, hands-free voice commerce capabilities across multiple industries, including restaurant reservations, ticket purchases, appointment making and more, bringing the same convenience to a variety of services accessible from the vehicle. SoundHound’s conversational AI technology is already used by hundreds of large enterprise brands and is deployed in millions of cars and devices globally.
For more on SoundHound’s in-vehicle voice commerce platform, please visit: https://www.soundhound.com/voice-ai-products/voice-commerce-for-auto/
About SoundHound AI
SoundHound AI (Nasdaq: SOUN), a global leader in voice and conversational AI, delivers solutions that allow businesses to offer superior experiences to their customers. Built on proprietary technology, SoundHound’s voice AI delivers best-in-class speed and accuracy in numerous languages to product creators and service providers across retail, financial services, healthcare, automotive, smart devices, and restaurants. The company’s various groundbreaking AI-driven products include Smart Answering, Smart Ordering, Dynamic Drive-Thru, and the Amelia Platform, which powers AI Agents for enterprise. In addition, SoundHound Chat AI, a powerful voice assistant with integrated Generative AI, and Autonomics, a category-leading operations platform that automates IT processes, have enabled SoundHound to power millions of products and services, and process billions of interactions each year for world-class businesses.
About Parkopedia
Parkopedia, acquired by Arrive in 2025, is the leading connected car services provider used by automakers, organisations and millions of drivers around the world. Parkopedia helps drivers find and pay for parking, EV charging, fuel and tolls across 90 countries. Parkopedia is also developing highly detailed indoor maps and corresponding algorithms to help drivers and self-driving vehicles navigate to available parking spaces and EV chargers. Visit
business.parkopedia.com
for more information.
SoundHound Media Contact
Gianna Arantes
201-815-9852
[email protected]
Parkopedia Global Media Contact
Christofer Lloyd
44(0)7762300016
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/59081aac-fe96-4daa-a4b3-dfa7fdab8aea
