Society Pass Inc's stock surged by 41.21%, reaching a 20-day high, amid a broader market decline with the Nasdaq-100 down 0.39% and the S&P 500 down 0.21%.
This price movement is attributed to Society Pass's launch of the TMG Social live commerce platform, which aims to capture a projected $90 billion Southeast Asian social commerce market. The company's subsidiary, TMGX, has set a revenue target of $10 million by 2026 from this initiative, indicating strong growth potential in key sectors such as fast-moving consumer goods, beauty, and food & beverage. The innovative service model includes shoppable posts and livestream shopping, designed to enhance brand sales through real-time interaction.
The implications of this launch are significant, as it positions Society Pass to capitalize on a rapidly growing market segment. The flexible revenue model and diverse pricing structure employed by TMGX are expected to attract clients and drive long-term growth, further solidifying the company's presence in the competitive landscape.
Wall Street analysts forecast SOPA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SOPA is 23.75 USD with a low forecast of 22.50 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
Wall Street analysts forecast SOPA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SOPA is 23.75 USD with a low forecast of 22.50 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 2.020
Low
22.50
Averages
23.75
High
25.00
Current: 2.020
Low
22.50
Averages
23.75
High
25.00
Ascendiant Capital
Edward Woo
Strong Buy
Maintains
$16 → $14
2025-04-21
Reason
Ascendiant Capital
Edward Woo
Price Target
$16 → $14
AI Analysis
2025-04-21
Maintains
Strong Buy
Reason
About SOPA
Society Pass Incorporated, through its subsidiaries, mainly sells and distributes the hardware and software for a point of sales (POS) application. Its online grocery and food and groceries deliveries segment operates an online food delivery service under the Handycart and Mangan brand names and an online grocery delivery under the Pushkart brand name. The digital marketing segment operates the digital marketing business with creator and digital marketing platform. The online ticketing and reservation segment operates the sale of domestic and overseas air tickets and global hotel reservations. The telecommunications reseller segment provides sales of local mobile phone plans and global Internet data provider plans. The e-commerce segment operates an online lifestyle platform under the brand name Leflair covering a diversity of services and products, such as fashion and accessories, beauty and personal care, and home and lifestyle. The corporate segment is engaged in investment holding.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
