Virtual Reality Stocks: 8 Best VR To Invest In | 2023

virtual-reality-stocks

Imagine yourself being transported to another planet where you can fulfill all of your wildest dreams with no limitations. Well, now it’s possible through the innovative tech feel of virtual reality.

VR is one of the most exciting fields in the tech industry. And we’re here to match you with some of the best virtual reality stocks in the world.

As an investor, there are many aspects of metaverse stock to choose from depending on your investment approach and risk outlook. For example, you can invest in Metaverse hardware, 3D creation software, or interactive platforms.

There are also semiconductors angle, security, and connectivity. Most established companies are powering this sector and therefore offer the best metaverse stocks to buy.

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Best Virtual Reality Stocks in the World | 2023

The following is a list of the best stock in virtual reality.

1. Alphabet Inc.

Alphabet Inc. is one of the leading providers of internet connection in the market. In 2014, it introduced its virtual reality Google Cardboard into the VR space.

Google Cardboard allows users to experience exciting VR with a cardboard headset and a compatible app.

However, there was a lack of user enthusiasm which affected sales. But Google seems to have made headway by introducing Augmented Reality.

Since then, Alphabet Inc has launched a number of app-based products which allow users to interact with the world around them using their smartphones. The potential usage of this technology is very exciting.

So be certain that in years to come, Google will be reaping the fruits of its labor. And you could be a part of that.

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2. Nvidia

VR experience is graphic and intense. It requires a truckload of processing power, something that NVIDIA prides itself on.

Nvida is California’s graphic card giant. And it’s on the cutting edge of graphic technology. And will need to bring their A-game when it comes to virtual reality.

Today, they work with many partners around the globe, providing solutions for a variety of VR hardware applications. And its number could continue to rise with the increasing demand for VR experiences. If anyone can see into VR’s future, it’s Invidia.

Nvidia has been one of the best stocks to own for the past two decades. So investors watch out for Nvidia stock.

3. Meta

In 2014, Facebook (now Meta) took a bold step and acquired the Virtual Reality platform Oculus. And since then, it has become one of the market leaders in Virtual Reality headsets. Their first generation of products is the Oculus Rift, Oculus Go, and Oculus Quest.

They have proved to be a popular hit with VR consumers. During the lockdown, Facebook focused on promoting the potential of their VR technology in enhancing working relationships and eliminating the problem of distance.

Though Meta’s Reality Labs business unit recorded a net loss in revenue in 2021, reports from CNBC say Meta CEO Mark Zukerberg revealed that his company would debut a new VR headset in October 2022.

The device is likely the company’s “Project Cambria” VR headset, which will cost at least $800. With Meta facing fierce competition from Tiktok and having a bad day from the effect of Apple’s privacy change, their stock could be a great investment portfolio to trade with caution.

However, the latest long-term forecast predicts that Facebook’s price will rise to $200 by the end of 2023 and $250 within the year 2024, $300 in 2026, $400 in 2027, $500 in 2029, and $600 in 2033.

Best Virtual Reality Stocks in the World | 2022

4. Sony

Sony is the next on our list of best virtual reality stocks to invest in in 2023. They arrived in the VR market in 2016 with PlayStation VR. And has the distinctive advantage of being a PC-based headset, such as the Oculus.

The first few days of the 2022 release of Playstation 5 saw over 2.5million sales, with the figure expected to jump to a 66million by 2024. In fact, two years after Sony launched PlayStation 5, it sold more than 20 million PlayStation consoles globally. That was a pretty remarkable achievement.

If Sony can smash the next iteration of its headset out of the pack, the company can completely blur the line left between gaming and virtual reality. And stock prices could skyrocket.

Sony has always been at the forefront of gaming technology. And it’s unlikely that this will change with the advent of virtual reality.  

Sony currently holds a Value Score of B, which indicates it would be a good pick for value investors.

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5. Apple

Apple is one of the trailblazers of the virtual reality and AR revolution. It has been completely focused on electronics and software but has begun to integrate AR solutions into its smartphone cameras and is developing designs to help streamline the creative process.

Although VR is not at the forefront of the company’s project, a Bloomberg report shows they’re expecting to release a headset to compete with Oculus. And they have also stated plans to release a pair of AR glasses.

This could boost their stock price further, so keep an eye on them. Besides, Apple has the scale and the capital to hugely impact VR adoption.

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6. Lumentum Holdings LITE

VR requires both software and hardware solutions like any other tech product on the market. One company that provides hardware for none other than apple is Lumentum Holdings.

This telecommunication equipment provider produces 3D sensing chips that enable the iPhone to provide interactive features.

As the demand for these features increases across the board, Lumentum could be perfectly placed to capitalize and provide the solution for a number of companies. Expert analysts are optimistic about their future.

A report from money.cnn.com shows that 14 analysts offering 12-month price forecasts for Lumentum Holdings Inc have a median target of 109.50, with a high estimate of 125.00 and a low estimate of 95.00.

The median estimate represents a +59.55% increase from the last price of 68.63. So now could be the perfect opportunity to get your very own slice of the stock.

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7. Qualcomm

Qualcomm is a semiconductor company that also creates software and services related to wireless technology. They power access to an extended reality ecosystem.

Their Snapdragon chip has proved to be extremely popular with a number of companies running AR VR solutions, including Facebook, whose Oculus quest 2 houses the chip.

Snapdragon mobile platforms are designed to be fast, intelligent, smooth, and secure with amazing graphics.

Their track record proves they’re a force to be recon with in the VR market space. As one of the top chip developers, Qualcomm will impact many markets.

The question now is – will they play their cards well? If yes, investors could see their portfolios soaring with Qualcomm.

8. Intel

Intel is a rock-solid company with a solid balance sheet, and it has great growth prospects. It does have its risk, but the valuation is hard to pass up.

Additionally, Intel currently has an annual dividend yield of 5.67%. And it also has a safer payout ratio. Intel is building technologies for better VR products.

Its Wireless Gigabit technology makes wireless VR possible. So manufacturers and users get the untethered reality they’ve been waiting for. Its other products include VR-ready PCs, RealSense Technology, and VIVE.

Reality: 15 Best Virtual Reality (VR) Apps for Android in 2022

Why Buy Virtual Reality Stock?

stock in virtual reality

Making a case for stock in virtual reality is quite a daunting task. The reason is that the valuations and use of some of these companies and their products are still kind of lofty. But people are adopting VR for work, play, and pleasure.

It is expected that VR headsets are going to replace normal computers and workstations. People could have as many virtual computer screens as they want without that bulky hardware and the cords that come along with them.

You can also project high-quality TVs anywhere in your home. And people can teleport to work right alongside co-workers in digital worlds.

So the future of tech is Artificial intelligence on which virtual reality is built. VR is unlocking new revenue streams for tech companies. So companies operating in this space are good to keep an eye on, and investors can benefit from these innovations.

Why Buy virtual reality stock?

Conclusion

It might take years before the full adoption of virtual reality becomes a reality. Data shows that the AR and VR market is projected to reach $454.73 billion by 2030.

As an emerging market, now could be a better time for you to get the most.

Virtual Reality Stocks: 8 Best VR To Invest In | 2023

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