2 Virtual Reality Stocks to Invest in
Recent technological advances shed light on virtual reality (VR) in recent months, making it an industry worth keeping a close eye on. Meta Platforms and Sony have dominated the VR space with their respective headsets for years.
But despite the stature of these companies, consumer adoption has been slow, with gamers seemingly the only group of shoppers with a strong interest in the technology. Meta has pivoted its business almost completely toward VR development and the metaverse. Yet, the company has had little success there.
However, the sector could receive a massive boost now that Apple (NASDAQ: AAPL) entered the picture with its recently announced VR/AR headset, the Vision Pro. The company's history of success in new markets is immensely promising for the potential of its new headset and could spark a boom in the industry from the competition.
Source Fool.com
Meta Platforms Inc. Stock
We see a rather positive sentiment for Meta Platforms Inc. with 9 Buy predictions and 2 Sell predictions.
As a result the target price of 500 € shows a slightly positive potential of 16.17% compared to the current price of 430.4 € for Meta Platforms Inc..
