Investing in artificial intelligence (AI) is in its early stages, and while some stocks have received lots of hype, others haven't seen the same effect. One of these under-the-radar stocks is a growing AI company, SoundHound AI (NASDAQ: SOUN).

Although the company has been around since 2005, its technology is just starting to catch on, and it's seeing enormous growth. The stock trades for just over $2 right now, and Wall Street analysts have a consensus price target of $5, indicating a 130% upside. Is it too good to be true? Or is SoundHound AI a great investment? Let's find out.

SoundHound AI (you guessed it) analyzes audio with AI. Its technology has multiple applications, like a restaurant ordering system, an automotive digital assistant, a smart home, and more.

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Source Fool.com