SOUN – Initiating Coverage: Long Thesis & Valuation Model
Date
April 2026
Role
Fundamental Research Investment Analyst

Brief Description
- Conducted in-depth industry, company, and market research to devise catalysts that will reprice the stock
- Synthesized research to forecast bull, base, and bear case revenue and costs with segment-level drivers
- Developed a thesis with conviction on the industry and the company's competitive advantage
- Developed bear and bull case DCFs and comps valuation to evaluate risk-reward
- Executed rigorous financial analysis and due diligence, quantifying any risks to my thesis
My Work
SOUN Investment Report (Long Thesis)
Financial analysis + projections with segment-level drivers (bull, bear, and base case)
Download as Excel
DCF + relative valuation (bull case)
Download as Excel
DCF + relative valuation (bear case)
Download as Excel