Loading...
Society Pass Inc (SOPA) is not a strong buy for a beginner, long-term investor at this time. The stock is currently in a pre-market downtrend (-1.73%), technical indicators suggest bearish momentum, and there are no strong positive trading signals. While the company has made strategic partnerships, its financial performance remains weak, with declining revenue and negative net income. Analyst ratings have been lowered, and there are no significant trading trends or political activity to support a buy decision. Given these factors, it is advisable to hold off on investing in SOPA for now.
The technical indicators for SOPA suggest bearish momentum. The MACD is negatively expanding (-0.173), RSI is at 8.437 indicating oversold conditions, and moving averages are converging. The stock is trading well below its pivot level (1.519), with key support at 0.803 and resistance at 2.235. These factors indicate a weak technical position.
Society Pass has formed partnerships with Qiyou Jinetwork Technology Co., Limited, Trip Ninja, and Huizhi International Tourism Development Co., Ltd to enhance its presence in the tourism market and improve travel booking experiences. These partnerships could support long-term growth if executed effectively.
The company priced a public offering at $0.55 per share to raise $3.0 million, which may dilute existing shareholders. Additionally, financial performance shows declining revenue (-17.63% YoY) and negative net income, despite some improvement in margins.
In Q3 2025, Society Pass reported a revenue decline of -17.63% YoY to $1,380,382. Net income improved but remained negative at -$5,118,989 (up 271.51% YoY). EPS also improved to -0.84 (up 75.00% YoY), and gross margin increased significantly to 64.28% (up 194.59% YoY). Despite these improvements, the overall financial health remains weak.
Greenridge analyst William Gregozeski recently lowered the price target for SOPA from $25 to $20 while maintaining a Buy rating. This adjustment reflects a reduced NusaTrip holding, increased share count, and changes in the firm's model to include Sapience AI and Gorilla investments.