Development of brain–computer interface (BCI) technology is key for enabling communication in individuals who have lost the faculty of speech due to severe motor paralysis. A BCI control strategy that is gaining attention employs speech decoding from neural data. Recent studies have shown that a combination of direct neural recordings and advanced computational models can provide promising results. Understanding which decoding strategies deliver best and directly applicable results is crucial for advancing the field. In this paper, we optimized and validated a decoding approach based on speech reconstruction directly from high-density electrocorticography recordings from sensorimotor cortex during a speech production task. We show that (1) dedicated machine learning optimization of reconstruction models is key for achieving the best reconstruction performance;(2) individual word decoding in reconstructed speech achieves 92%–100% accuracy (chance level is 8%);(3) direct reconstruction from sensorimotor brain activity produces intelligible speech. These results underline the need for model optimization in achieving best speech decoding results and highlight the potential that reconstruction-based speech decoding from sensorimotor cortex can offer for development of next-generation BCI technology for communication.