Society Pass's 15min chart signals MACD Death Cross, KDJ Death Cross
ByAinvest
Monday, Oct 13, 2025 9:47 am ET1min read
SOPA--
The report noted that Society Pass generated revenue of $2.5 million for the quarter, representing a 46% year-on-year growth, which surpassed estimates of $1.5 million. The company's earnings per share (EPS) were $0.10, significantly outperforming the expected loss of $0.24 per share [2].
Ascendiant raised its 2025 revenue forecast to $8.8 million from $6.2 million and its EPS estimate to a loss of $0.42 per share from a loss of $1.04. For 2026, the firm now projects revenue of $10 million, up from $9 million, and an EPS loss of $0.47 compared to a loss of $0.63 previously [2].
The report also highlighted Society Pass's IPO activities. In August 2025, the company's subsidiary NusaTrip completed its IPO on Nasdaq under the ticker NUTR, raising $17 million. Ascendiant expects another subsidiary, Thoughtful Media, to go public by the end of 2025, with a valuation comparable to NusaTrip's [1].
Despite these positive developments, Society Pass's market capitalization of approximately $5 million is far below its estimated $29 million in cash, including the $17 million raised from NusaTrip's IPO. This discrepancy suggests that the stock may be undervalued [1].
Ascendiant reaffirmed its BUY rating and raised its 12-month price forecast to $18 from $15, citing "Positive High Risks versus High Rewards." The firm noted that Society Pass's growth prospects and discount to intrinsic value create an attractive opportunity despite near-term commercialization challenges [1].
Separately, Society Pass announced compliance with Nasdaq's Rule 5550(b)(2), ensuring it remains in compliance with Nasdaq's continued listing standards [1].
Society Pass's 15-minute chart has recently triggered a MACD Death Cross and KDJ Death Cross at 10:45 AM on October 13, 2022. This technical indicator suggests that the stock price may continue to decline, as momentum is shifting towards the downside and has the potential to further decrease.
Society Pass Inc. (NASDAQ: SOPA) shares have seen a significant surge following the release of a new equity research report from Ascendiant Capital Markets LLC. The report highlighted the company's robust second-quarter 2025 results and an improved outlook, leading to a 106.3% increase in share price to $2.89 as of Monday's close [1].The report noted that Society Pass generated revenue of $2.5 million for the quarter, representing a 46% year-on-year growth, which surpassed estimates of $1.5 million. The company's earnings per share (EPS) were $0.10, significantly outperforming the expected loss of $0.24 per share [2].
Ascendiant raised its 2025 revenue forecast to $8.8 million from $6.2 million and its EPS estimate to a loss of $0.42 per share from a loss of $1.04. For 2026, the firm now projects revenue of $10 million, up from $9 million, and an EPS loss of $0.47 compared to a loss of $0.63 previously [2].
The report also highlighted Society Pass's IPO activities. In August 2025, the company's subsidiary NusaTrip completed its IPO on Nasdaq under the ticker NUTR, raising $17 million. Ascendiant expects another subsidiary, Thoughtful Media, to go public by the end of 2025, with a valuation comparable to NusaTrip's [1].
Despite these positive developments, Society Pass's market capitalization of approximately $5 million is far below its estimated $29 million in cash, including the $17 million raised from NusaTrip's IPO. This discrepancy suggests that the stock may be undervalued [1].
Ascendiant reaffirmed its BUY rating and raised its 12-month price forecast to $18 from $15, citing "Positive High Risks versus High Rewards." The firm noted that Society Pass's growth prospects and discount to intrinsic value create an attractive opportunity despite near-term commercialization challenges [1].
Separately, Society Pass announced compliance with Nasdaq's Rule 5550(b)(2), ensuring it remains in compliance with Nasdaq's continued listing standards [1].
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