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Pattern Group Inc. (NASDAQ:PTRN) is one of the 15 software stocks with the highest upside potential. Pattern Group Inc. (NASDAQ:PTRN) stock is up 15% in just a month, and a lot of that has to do with the company’s acquisition of Next Wave at the end of 2025. On December 18, Pattern Group Inc. (NASDAQ:PTRN) announced the acquisition of NextWave, a TikTok commerce agency focused on creator-led product discovery, live selling, TikTok Shop operations, and affiliate programs. The deal adds NextWave’s Creator Affiliate Partner capabilities, TikTok Shop Partner services, and access to more than 1,200 managed creators and 300,000 affiliates to Pattern’s ecommerce acceleration platform. Financial terms of the acquisition were not disclosed yet.
NextWave, which was founded by its CEO, Grace Yang, in 2022, has built a strong presence within the TikTok ecosystem, helping brands with content production, creator management, and TikTok Shop growth. The Los Angeles-based company operates teams both in New York and Los Angeles.
Dave Wright, Co-founder and CEO of Pattern, highlighted NextWave’s position in the TikTok ecosystem by saying:
”NextWave has built one of the most effective TikTok Shop and creator-commerce organizations in the industry.”
On December 11, a Jefferies analyst, John Colantuoni, lowered the firm’s price target on the shares from $21 to $20 while maintaining a Buy rating. The firm recommended a selective approach to Internet stocks, as incremental investment spending could pressure margins. While concerns over AI discrimination may limit valuation upside.
Pattern Group Inc. (NASDAQ:PTRN) accelerates different brands on e-commerce marketplaces through its proprietary technology and AI. The company purchases inventory from brand partners and sells directly to consumers in different industries, such as home & lifestyle, health &wellness, pet, beauty & personal care, consumer electronics, and sports and outdoors.
While we acknowledge the potential of PTRN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.