Core Insights - The virtual reality (VR) sector is projected to experience significant growth, with a total addressable market valued at $59.96 billion in 2022 and expected to reach $435.36 billion by 2030, growing at a compound annual growth rate (CAGR) of 27.5% from 2023 to 2030 [12] Company Summaries Meta Platforms (META) - Meta has invested heavily in VR through its Oculus VR headsets, which cater to both gaming and professional applications, positioning itself as a key player in the metaverse [6][14] - In the trailing twelve months (TTM), Meta reported a net income of $45.76 billion, with earnings of $17.39 per share and revenue of $142.71 billion, indicating strong financial performance [15] Roblox (RBLX) - Roblox supports VR gameplay and has a community of developers that can quickly create VR titles, although it has not yet generated earnings [2][16] - For the TTM period, Roblox incurred a net loss of $1.15 billion or $1.86 per share, but revenue reached $2.95 billion. Analysts predict a loss per share of $1.70 for fiscal 2024, with revenue expected to rise 14.7% to $4.04 billion [8][16] Kopin (KOPN) - Kopin specializes in micro-displays and related components, particularly for military training applications, making it relevant in the current geopolitical climate [3][9] - In the TTM period, Kopin reported a net loss of just under $50 million or 42 cents per share, with revenue of $39.67 million. For fiscal 2024, revenue is expected to rise 12.5% to $45.43 million, despite an anticipated increase in losses [17]
You've Been Warned! 3 Virtual Reality Stocks to Buy Now or Regret Forever.