Metaverse Trend Before Return: NVIDIA & Co. Stocks: These Metaverse Stocks Could Benefit From The VR Trend Going Forward | new

• Corona and home office as determining factors?
• Metaverse in a professional context
• Strong growth in the virtual reality industry

Metavers before return?

The Metaverse trend kicked off last year, but since then has been largely silent on the supposed hope. The industry was initially driven by the COVID pandemic, which resulted in fewer contacts and more people staying within their four walls. With new virus variants, Corona is always a problem. Additionally, the World Health Organization (WHO) recently declared the monkeypox outbreak an international emergency. Consumers could thus continue to avoid physical contact. The work-from-home trend, which has been well-boosted by the pandemic, is also unlikely to wane too quickly, as more and more employees insist on a good work-life balance. Here too, metaverse solutions could facilitate professional communication.

According to the “TipRanks” analytics platform, it might now be worth investing in shares of Metaverse pioneers before the hype picks up steam. To do so, the online outlet used its comparison tool to look at three Metaverse stocks that are benefiting from the booming hype and – according to expert forecasts – could reach a price of US$475 each by 2028.

Apple’s mixed reality headset seemingly ahead of announcement

iPhone maker Apple has been working on augmented reality solutions for years. With the help of the ARKit and RealityKit frameworks provided to app developers, objects can be brought into the real world using the smartphone camera – at least in their representation on the iPhone screen. With its own Clips app, users can “rain confetti, a virtual dance floor […] place or follow a star behind [sich] The technology is also used in combination with third-party apps: Snapchat app filters can also be applied to the environment, just like furniture can be used in your own home using the IKEA Place app, walls can be placed.

In the future, Apple not only wants to be represented in the field of augmented reality, but also to offer virtual reality solutions. The two technologies are to be tied together in a mixed-reality headset that supply chain analyst Ming-Chi Kuo says is due out as early as next year. In a June study, available for Apple magazine “9to5Mac”, the expert explained that iGroup will announce matching MR glasses as early as January 2023. Although it was long thought that the Tim Cook-led company would release the headset long-awaited this year, it is no longer possible in terms of software and hardware. It should be remembered that this is the “most complicated product that Apple has ever designed”. “Although Apple has repeatedly reaffirmed its interest in AR, I think Apple AR/MR that supports seamless video could also provide a great immersive experience,” Kuo said optimistically. “Therefore, the introduction of Apple AR/MR will further fuel the demand for immersive gaming/multimedia entertainment.” According to TipRanks, the headset will also feature the powerful M2 chip that was only recently announced and is used in the current 13-inch MacBook Air and MacBook Pro. According to the portal, the operating system installed on the MR glasses should be called realityOS or rOS. Not only is the visual aspect of the new Apple product promising, but the company, based in Cupertino, California, could also intensify the VR experience in combination with the audio component.

Since the start of the year, Apple shares have been dragged deep into the red by general market weakness, which has particularly affected technology stocks. More recently, the rate of decline this year was 7.15%. Apple stock last traded at US$164.87 (closing price Aug. 8). Out of a total of 27 analyst ratings listed on TipRanks, 20 of the experts recommend buying the stock. The stock also received six “hold” ratings and a single sell rating. The average price target is $179.89, which is above current price levels but slightly below January’s all-time high of $182.94.

Is Microsoft bringing Teams to the Metaverse?

Even though software giant Microsoft is best known for its Windows operating system, the Redmond-based company has long established a foothold in the gaming market with four main generations of its Xbox games console. The tech giant also offers the Xbox Game Pass subscription service and the Xbox Cloud Gaming cloud solution. These skills could be those of Bill Gates The co-founded group now also gives an advantage when it comes to first steps in the metaverse. The Xbox Game Studios gaming division, which is behind popular titles like Minecraft, Age of Empires, and Fable, could not only bring games into virtual reality, but also allow players to interact in the metaverse.

In addition, according to TipRanks, programs from Microsoft could also be used in the professional sector. It’s conceivable, for example, that meetings could take place in virtual reality using Microsoft Teams, bringing back a sense of community that many home office workers may lack.

With the HoloLens 2 mixed reality glasses, Microsoft already offers the possibility of supporting employees in their workplace. According to Microsoft, the gadget can be used in the automotive, healthcare or retail industry and provide employees with important information while they work. The data must be visible by means of holograms, but at the same time the glasses can also allow the real workplace to be seen.

The Microsoft action must also have lost quite a bit this year on the NASDAQ. Since the beginning of January, the minus is 16.65%, so the paper was last traded at 280.32 US dollars (closing price on August 8, 2022). According to TipRanks, analysts are positive on the stock certificate. With a total of 29 buy recommendations and no “hold” or “sell” ratings, the experts’ verdict was unequivocal. The strategists’ average target price is $331, well above the current stock price.

NVIDIA’s Omniverse enables the creation of “digital twins”

Although NVIDIA is best known as a chipmaker, it has recently ventured into the software industry. The group is not only considered a massive engine of AI solutions, but also recognized the cloud gaming trend, just like Metaverse competitor Microsoft. With the GeForce NOW platform, the company allows gamers to play previously purchased games on various platforms – including less powerful computers, but also smartphones or smart TVs. However, a stable and fast Internet connection is necessary for the enjoyment of the game. NVIDIA is also already well positioned in the field of the metaverse. With the Omniverse real-time graphical collaboration platform, the group wants to enable industrial companies to develop “digital twins”, which can then be used in scalable and realistic simulations. “Omniverse is revolutionizing the way we create content, develop as individuals, and collaborate as a team, bringing greater creative opportunity and efficiency to everyone and every project in every organization,” the page reads. of the project. According to TipRanks, future Metaverse apps from other developers may also run above NVIDIA’s apps. The chip group’s computing components could also see additional demand as metaverse applications become suitable for the masses.

On the NASDAQ, NVIDIA stock has already fallen 39.50% since the start of the year to 170.25 USD (closing price on August 8, 2022). Of a total of 30 analyst ratings listed on TipRanks, 25 currently have Buy recommendations, while five experts recommend holding the stock. The mid-price target of $245.55 also offers strong upside potential for NVIDIA stock.

Meta is getting more and more competitive

But what about the meta group, which was still known as Facebook until October 2021? In the end, CEO Mark Zuckerberg was so serious about breaking into the Metaverse that he made the name part of the program and quickly renamed the platform operator Facebook, Instagram and WhatsApp. As of December 2021, the company’s “Horizon Worlds” Metaverse project is available in the United States and Canada for people ages 18 and older. But what happens next? According to 9to5Mac, Kuo attested that the VR pioneer had led the industry, especially due to relatively inexpensive headsets, but the top dog may withdraw from the region in the future to focus on its core business. , namely advertising. However, this should not harm the industry – on the contrary. Other VR glasses makers could benefit from Meta’s withdrawal as the industry is still growing strongly, Kuo says. For example, the Taiwanese manufacturer HTC offers various VR models with the VIVE series, and the gaming platform Steam is also represented in the market with the Valve Index. Sony also launched a VR solution for its game console in 2016 with the PlayStation VR (PS VR). PlayStation 4. The successor of the PS VR2, specially adapted for the next generation of consoles, the PlayStation 5, should arrive as early as next year and offers, among other things, a better resolution, a more comfortable application and a large number of new games, as promised Sony.

There is therefore no shortage of competition for Meta. However, this is hardly reflected in the TipRanks review: out of a total of 36 expert ratings, 28 analysts recommend buying the stock, while six strategists recommend holding the ratings. Two ratings even include a sell recommendation. At $226.26, Meta’s average share price target is also well above the current price level of $170.25 (closing price on August 8, 2022). Year-to-date, however, the paper on the NASDAQ has fallen 49.38%.

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This text is for informational purposes only and does not constitute an investment recommendation. GmbH excludes any claim for recourse.

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