EPAM’s expertise benefits businesses seeking to deploy VR and AR applications for training, remote collaboration, customer engagement, and industrial uses. The company’s high current ratio and minimal debt highlight a strong financial position enabling it to invest in innovation and deliver scalable software engineering projects. EPAM’s role as a technology partner in VR digital transformation initiatives makes it an intriguing investment option. The company changed its name to Meta Platforms in late 2021 to emphasize its focus on building the infrastructure to support the metaverse. According to the company, more than 70% of the top-selling games for Meta’s Quest platform are made using Unity’s software.
The company’s software allows creators to build, run, and monetize 2D, 3D, VR, and AR content on multiple devices including mobile phones, PCs, consoles, and VR headsets. A multinational software company, Autodesk ADSK software products and services for the architecture, engineering, construction, manufacturing, media, education, and entertainment industries. For VR, Autodesk leverages the technology for various professional uses, such as design review and training, and simulation. Easily, then, ADSK ranks among the most practical virtual reality stocks to buy.
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Operationally, Nvidia posted a three-year revenue growth rate of 34.5%, beating out 87.59% of other semiconductor firms. Also, its net margin comes in at 16.19%, better than 70.2% of sector players. You’re not going to find too many augmented reality stocks that can beat those stats. Admittedly, though, their average price target of $286.94 implies upside of 5%.
Microsoft’s impressive turnaround made it the largest company in the world at the end of 2019 — and also the largest company with exposure to the VR space. Overall, KOPN ranks first among the 12 best virtual reality stocks to buy according to analysts. While we acknowledge the potential of virtual reality stocks, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KOPN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. The company is transitioning into a digital streaming company through its PlayStation and Crunchyroll segments, which are anticipated to generate more than $48 billion in revenue by the end of the fiscal year 2029.
It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide. However, the end of the PC era and its subsequent recovery has forced both companies to redefine themselves. And after being left for dead as recently as five years ago, AMD has reemerged under the leadership of Lisa Su. As PCs became an increasingly important tool in the late 20th century, consumers had to decide whether to buy a computer with an Intel processor or choose an AMD-powered model.
Meta Platforms, Inc. (NASDAQ:META)
- Oculus remains one of the top headset brands, and its offerings have continued to improve and evolve in new directions since the release of the unit’s first consumer headset.
- For those looking to start investing in VR, here are seven of the best stocks to consider.
- Virtual reality (VR) technology continues to gain momentum, shaping how people interact with digital content across gaming, entertainment, enterprise solutions, education, and training.
- DIH Holding US, Inc. operates as a robotics and virtual reality (VR) technology provider for the rehabilitation industry in Europe, the Middle East, Africa, the United States, and the Asia Pacific.
- The company’s product portfolio includes desktops, notebooks, mobile phones, and various VR headsets from different manufacturers.
However, many investors are still unaware that the company is also an important player in the VR space. Moreover, the VR trend could deliver substantial growth opportunities for investors over the next decade. Various research groups forecast a double-digit compound annual growth rate (CAGR) between 2025 and 2030 or beyond. For those looking to start investing in VR, here are seven of the best stocks to consider.
NYSE: SONY
According to research by TrendForce, Oculus had a roughly 19.4% share of all virtual reality headsets shipped in 2018 and a 28.3% share of all VR headsets shipped in 2019. Google disabled support for the Daydream View headset with the introduction of its Pixel 4 phones, and many virtual-reality experts now believe that the days of the phone-powered VR experience is over. In addition, the company has developed VRWorks, a range of APIs, libraries, and engines that allow headset and application developers to create exceptional VR experiences.
Unity Software
WeChat has roughly a billion monthly active users and has sky high levels of engagement because mini-apps used for everything from ride hailing to ordering food to banking and payment processing are part of the ecosystem. Having so many different third-party apps on the platform also means that Tencent can benefit from the VR mini-apps that other company’s launch. In addition to its core gaming, social media, and fintech businesses, the technology and media conglomerate is building its position in cloud services. Like other platform providers, Tencent’s offering could help pave the way for cloud-powered VR experiences and help process related data. Unity Software Inc. operates a real-time 3D content development platform that is widely utilized for creating interactive experiences across gaming, film, automotive, architecture, and VR/AR.
The convergence of VR with other technologies such as AI and cloud computing is accelerating development and adoption. Virtual reality (VR) technology continues to gain momentum, shaping how people interact with digital content across gaming, entertainment, enterprise solutions, education, and training. Investors seeking to tap into the growing potential of VR technology often turn to publicly traded companies that develop or distribute VR hardware, software platforms, and immersive content. A supplier of wearable display technology, Vuzix VUZI enjoys natural relevancies as one of the virtual reality stocks to buy. Interestingly, Vuzix personal display devices are used for mobile and immersive augmented reality applications, such as 3D gaming, manufacturing training, and military tactical equipment.
Drilling further into the riskiest spectrum of virtual reality stocks to buy, Immersion IMMR is an Aventura, Florida-based developer and licensor of touch feedback technology, also known as haptic technology. Because of its practically non-existent research and development expenses, Immersion relies on its patent portfolio to generate revenue and earnings. Based in San Francisco, California, Unity Software U is a video game software development company. Fundamentally, Unity provides a platform for engineers to build immersive environments. Thus, it’s one of the more popular VR stocks within the digitalization community.
Moreover, developers can use the company’s software developer kit (SDK), called VRWorks. Whether it’s for hardware or for applications, developers can use the SDK to make images, sounds, and touch interactions more realistic for the VR world. Meta Platforms, formerly known as Facebook, acquired Oculus, a leading VR technology company, in 2014. It has since helped the company develop and market its virtual reality headsets and software. In 2017, CEO Mark Zuckerberg said he wanted to get 1 billion people using virtual reality.
Its financial metrics show balanced debt levels and a pricing structure indicating sustained investor interest. DIH Holding US, Inc. operates as a robotics and virtual reality (VR) technology provider in the rehabilitation industry. According to Grand View Research, the global VR market size reached a valuation of $28.41 billion in 2022.
- Investors should approach the space with the understanding that a boom for the technology could be a decade away — and that outcome isn’t guaranteed.
- These platforms position SONY well for high growth and improved profitability.
- Management seeks new life in its second act by becoming a top player among virtual reality stocks to buy.
- Qualcomm is another leader in the semiconductor space that has significant exposure to VR.
- Users often experience these offerings with a gaming console or a mobile device.
Medical professionals attain interactive, simulation-driven training, providing more efficient treatment strategies and accurate diagnoses. The technology also helps medical marketing and creates significant scope for income generation through enriched patient experiences. In addition, several major VR providers in healthcare solutions are integrating 360-degree video features and interactive 3D content to develop effective learning programs for healthcare students and professionals. VR in gaming refers to a simulated, immersive experience that manufactures an interactive 3D environment, allowing users to feel as if they are physically present in the simulated reality. This reality is generally administered through a headset that traces head movements and displays images to create a feeling of immersion.
Their average price target comes out to $263.12, implying over 10% upside potential. Generating fame for its graphics processing units (GPUs), tech specialist Nvidia NVDA also ranks among the top virtual reality stocks to buy. For one thing, Nvidia designed its ultra-powerful GeForce RTX GPU specifically for VR applications. As well, its the 9 biggest virtual reality stocks processors support the rigorous requirements of augmented reality protocols that have become increasingly commonplace. It’s also important to keep in mind that the virtual reality market is still very young and will take some time to develop. Investing in companies that go on to be big winners in VR could lead to fantastic returns over the long run, but there’s still not much visibility on how the market will play out.
