Virtual Reality (VR) is a technology that provides an immersive simulated experience. It includes companies that manufacture and sell hardware, devices and equipment for augmented reality (AR) and virtual reality (VR), such as head-mounted displays, gloves, controllers, etc. The recent launch of Apple's vision pro has sparked the interest of investors in VR and AR technology. With the innovation of new VR products, virtual reality will change how we use and develop games, entertainment, education, and healthcare services. As new applications continue to materialize, VR companies will see significant revenue growth, driving their share prices higher.
Meta Platforms Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/16/2024 24.75% Wolfe Research → $620 Initiates Coverage On → Outperform 07/10/2024 20.72% TD Cowen $530
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