VR technology has been around since the 1990s. However, it’s only in recent years that it has started to make great strides and really push the limits of VR forward.
Due to this, it has become an emerging technology with potential, not just for games and entertainment, but also for healthcare, engineering, design, and more.
That’s why, if you want to invest in VR, here are some of the top 3 VR stocks that we’ve rounded up for you.
Winner
Meta Platforms
Meta is a part of Facebook and focuses heavily on virtual reality and pushing its limits forward. The leading VR platform, Oculus, is also a part of Meta Platforms.
Runner Up
Apple
Apple is a powerhouse that shows no signs of stopping when it comes to domination in the market share when it comes to technological devices. This includes PCs, tablets, laptops and smartphones.
Also Great
Sony
Sony is an entertainment company that manufactures a ton of different products including TVs, consoles and more. Their gaming segment has also created a VR headset to be paired with their Playstation consoles.
Now that you’re briefed with our top 3 picks, let’s delve deeper to see what they’re all about.
Best VR Stocks - Top 3 Reviews
#1: Best Overall VR Stock - Meta Platforms Review
Meta Platforms, previously known as Facebook, acquired the learning VR platform, Oculus, back in 2014. Oculus was the top VR platform at the time and it still is to this day.
The latest iteration of their VR headset, the Oculus Quest 2, has received overwhelmingly positive reviews and made VR more affordable for consumers.
Additionally, with Meta pushing for technological advances through the Metaverse, things are only looking to go up from here.
Factors to Consider Before You Decide to Buy Meta Platforms
The Metaverse is a very innovative idea: This could be a good thing or a bad thing. Sometimes, innovative ideas like the Metaverse can really catch on while other times, it can go extremely wrong.
Oculus has many more competitors than before: In its heyday, Oculus was pretty much the only choice if you wanted a high-quality VR experience. However, in today’s day and age, there are many competitors that consumers have to choose from.
- Metaverse may be highly successful once it comes out, leading to a huge rise in the stock
- Owns Oculus which is the leading VR platform currently
- Aggressively pursuing innovative VR hardware and software
- Has been one of the best virtual reality stocks for a while
- Holds the greatest market share
- May plummet depending on the success of Metaverse
Best Overall VR Stock
The best overall VR stock is Meta Platforms (META) thanks to the fact that it owns Oculus which is the leading VR platform in the world. Additionally, the Metaverse is set to come out soon which might be very big for the company as well.
#2: Best Future-Oriented VR Stock - Apple Review
You may be confused to see Apple on this list since Apply is a company that currently does not have any VR products.
While that’s true, it has been heavily rumored that Apple has been investing tons of money and resources into the research and development of new and innovative VR products.
Apply has always had a reputation for being an extremely innovative company. Once it releases whatever VR product it is rumored to be working on, it’s sure to make huge waves in the virtual reality market.
Factors to Consider Before You Decide to Buy Apple
Apple does not have any VR products yet: While it’s true that there are a lot of rumors that Apple will come out with a VR product, we don’t have any idea when that will be.
Company’s change plans all the time and you might not get that VR product that’s being rumored about any time soon.
There are established VR companies in the market: Instead of opting for Apple to build your VR portfolio, you can definitely look towards other competitor stocks that are already immersed in the world of virtual reality.
- Reliable
- Rumored to be investing a lot into VR technology
- Has a lot of demand with dedicated fans
- Has always had a strong stock
- Highly innovative
- Currently does not have any VR products
Best Future-Oriented VR Stock
The best future-oriented VR stock is Apple (AAPL) thanks to its highly innovative history and rumors that it’s working on a VR product that will be launched in the coming years.
#3: Best Console VR Stock - Sony Review
You may already know why Sony is on this list: Due to the fact that they have wildly successful video game consoles (the Playstation 4 and 5) that also have a VR component to them.
Their gaming segment came up with the Playstation VR headset that is compatible with both of these consoles. Consumers all over the world are huge fans of Sony and their consoles; This love is shared for their Playstation VR headset as well.
Along with the Playstation VR headset, Sony is also working on Playstation VR 2 which will be a significant upgrade over its previous iteration. Whenever that VR headset is launched, you will want to have this VR stock.
Factors to Consider Before You Decide to Buy Sony
It only holds a market share for a certain segment of consumers: You must understand that while Sony does hold a significant share of the VR market, it only consists of individuals that own one of their consoles.
It cannot keep up with Oculus: The Oculus Quest 2 has been dominating the market since it came out with Playstation fans still waiting for an update on Playstation VR 2. If PSVR 2 disappoints when it comes out, even more people might switch to the Oculus Quest 2.
- One of the best virtual reality stocks out there currently
- Best console VR stock
- Reliable
- Playstation consoles are extremely popular
- Significant market share
- Holds a market share over a specific population of Playstation owners
Best Console VR Stock
The best console VR stock is Sony (SONY) thanks to their PS VR headset that is meant to be played with their Playstation 4 and Playstation 5 consoles.
Buyers’ Guide
In this section, we will provide a brief history of virtual reality stocks and why VR has become such a relevant field in today’s day and age.
Many people still feel that VR is in its infancy. While that may be true, it’s also true that new innovations are being made every day in the VR industry. It’s a field that is rapidly evolving and that is something that every investor worth their money should watch out for.
The Fundamentals of Top Virtual Reality Stocks
To start off, VR stands for virtual reality and refers to a computer-generated simulation that the user can interact with through body movements. The user’s interactions are reflected in the change they see in their 3-D generated environment.
It’s important to note at this point that virtual reality is not the same as augmented reality. The former refers to interacting with objects in a fully artificial digital environment. On the other hand, the latter mixes the real-life environment around you with digital imagery.
VR was merely a fun thing to have a few years back and was only a kind of “niche” form of entertainment. This is also due to the fact that developers still hadn’t figured out how to provide an enjoyable experience for all through their devices.
However, in recent years, big strides have been made so that people from all types of segments can enjoy the wonders of VR.
Another thing that pushed VR forward is the Covid-19 pandemic. As lockdowns occurred, people had to rely more and more on virtual training and demos. This is a trend that seems to have stuck even after the end of the pandemic.
This is why companies are investing more into VR technologies to figure out more efficient ways to facilitate healthcare, design, engineering, and other facets of humanity.
Facebook (or Meta) is the Top Virtual Reality Stock
When VR first started to make waves in the industry, the platform at the forefront of it was Oculus.
Facebook made a big move in 2014 when it acquired Oculus for $2 billion.
Oculus continues to be the market leader in VR with it sharing about 53% of the world market share in VR in 2020.
This coupled with the fact that Facebook is aggressively pursuing VR projects with platforms like the Metaverse, there’s no telling how far their stock will go.
Frequently Asked Questions (FAQs)
Is VR a Good Investment?
VR is definitely a great, long-term investment as it has a lot of potential for growth and it’s something that many high-tier companies are actively pursuing.
Not only but there’s also a lot of demand for it since, after the Covid-19 pandemic, more and more industries are shifting virtual solutions for many of their teams.
Is Metaverse the Future of Web 3.0?
With what has been shown about Metaverse, it definitely seems like a very innovative and world-changing idea.
With actual real-life payments being incorporated into it through blockchain technology, it’s really something that could replace many real-life tasks and activities.
Why is Apple a Leading Stock in VR?
While Apple does not have any VR products in its arsenal currently, it is heavily rumored that they are investing tons of resources into developing them.
While Apple is late to the VR party, most analysts have high hopes for Apple since they have a unique advantage: The vast Apple ecosystem created by their plethora of products.
Once they launch their VR products, they’ll be incorporated into this ecosystem with possibly very innovative results.
Which Region Currently Dominates the VR Market?
The global market share is currently classified across five regions: North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America
North America dominates the current market share and it’s also predicted that it will continue to do so for the foreseeable future.
Why is the VR Market Growing?
As mentioned earlier, there are a few reasons for it but the main ones are:
- Virtual reality technology is finally getting to a point where it has become consumer-friendly and can easily be marketed to them.
- More and more companies are looking for virtual solutions to complete many of their tasks.
- After the Covid-19 pandemic, many tasks that were done in person are now done virtually. This has further increased the demand for VR products.
Final Verdict
That’s it for our picks for the top virtual reality stocks in the market currently.
If we had to choose, we would definitely say that Meta Platforms (META) is the top VR stock to go for right now.
Not only is it already dominating the market with the Oculus Quest 2, but this domination might also become even more severe once Metaverse is released.
Which virtual reality stocks are you interested in? Which one do you think is the top one? Let’s discuss this in the comments section below.
