Virtual Reality Stocks Worth Watching - October 21st

Key Points

• Meta Platforms, The Glimpse Group, and zSpace are identified as the key Virtual Reality stocks to watch, highlighting their potential for growth as interest in VR and the "metaverse" increases.
• Meta Platforms operates in two segments—Family of Apps and Reality Labs—providing services like Facebook and WhatsApp in addition to developing VR technologies.
• The Glimpse Group focuses on enterprise solutions, offering VR and AR platforms for industries such as healthcare and education, indicating a diverse application for virtual technologies.

Meta Platforms, The Glimpse Group, and zSpace are the three Virtual Reality stocks to watch today, according to MarketBeat's stock screener tool. Virtual reality stocks are shares of companies whose primary business involves virtual reality hardware, software, platforms, content, or enabling technologies (for example headsets, VR game and application developers, 3D engines, sensors, and semiconductors). Investors treat them as a thematic group with growth potential tied to VR adoption and the “metaverse,” but also higher risk from rapid technological change, platform competition, cyclical hardware upgrades, and valuation volatility. These companies had the highest dollar trading volume of any Virtual Reality stocks within the last several days.

Meta Platforms (META)

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.

Read Our Latest Research Report on META

The Glimpse Group (VRAR)

The Glimpse Group, Inc., a virtual reality (VR) and augmented reality (AR) platform company, provides enterprise-focused software, services, and solutions in the United States. It offers QReal, a software that creates and distributes photorealistic 3D interactive digital models and experiences in AR; Immersive Health Group, a VR/AR platform for evidence-based and outcome driven healthcare solutions; and Foretell Reality, a social VR platform for behavioral health, support groups, collaboration, and soft skills training.

Read Our Latest Research Report on VRAR

zSpace (ZSPC)

zSpace Technologies, Inc. is a provider of commercial augmented reality and virtual reality technology principally in the education market. The Company offers differentiated hardware along with learning software modules for K-12 science, technology, engineering, game design and mathematics applications, as well as workforce-oriented career and technical education applications.

Read Our Latest Research Report on ZSPC