High-potential metaverse stocks to watch now – MSFT, NVDA to FB

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High-potential metaverse stocks to watch now – MSFT, NVDA to FB

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 High-potential metaverse stocks to watch now – MSFT, NVDA to FB
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Highlights

  • Microsoft Corporation (NASDAQ: MSFT) revenue increased by 20% YoY in Q2, FY22.

  • Meta Platforms, Inc. (NASDAQ: FB) revenue surged 20% YoY in Q4, FY21.

  • NVIDIA Corporation (NASDAQ: NVDA) revenue soared 61% YoY in fiscal 2022.

Metaverse is considered the next iteration of the internet. Although many companies have jumped on the metaverse bandwagon, a few may be worth exploring.

Metaverse provides a 3D virtual real-world setting, allowing users to interact with each other. But its real potential is still being explored. Many gaming and social media companies are showing keen interest in the technology that could potentially transform many industries.

Disney CEO Bob Chapek recently remarked that Metaverse is "absolutely top of mind" for the company, pointing at Metaverse's vast scope to the communication and entertainment industry. Here we explore some of the top metaverse stocks worth exploring.

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Microsoft Corporation (NASDAQ: MSFT)

Microsoft is one of the leading technology companies based in Redmond, Washington. The company recently announced plans to acquire Activision Blizzard, describing it as a pathway to the metaverse.

Its shares traded at US$298.94 at 2:53 pm ET on February 16, down 0.30% from their previous close. Its stock value increased by 23.04% over the past 12 months.

It has a market cap of US$2.24 trillion, a P/E ratio of 31.82, and a forward one-year P/E ratio of 32.59. Its EPS is US$9.39.

The 52-week highest and lowest stock prices were US$349.67 and US$224.26, respectively. Its trading volume was 27,379,490 on February 15.

The company's revenue rose 20% YoY to US$51.7 billion in Q2, FY22, while its net income surged 21% YoY to US$18.8 billion, or US$2.48 per diluted share.

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Why is metaverse stocks gaining attention from the investors?

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Meta Platforms, Inc. (NASDAQ: FB)

Meta Platforms, formerly Facebook, is a leading social media company based in Menlo Park, California. It is the parent organization of Facebook, Instagram, and WhatsApp.

The shares of the company traded at US$215.22 at 2:56 pm ET on February 16, down 2.62% from their previous close. Its stock value decreased by 19.22% over the past 12 months.

It has a market cap of US$584.01 billion, a P/E ratio of 15.55, and a forward one-year P/E ratio of 17.09. Its EPS is US$13.80.

The 52-week highest and lowest stock prices were US$384.33 and US$214.78, respectively. Its trading volume was 42,685,470 on February 15.

The company's revenue grew 20% YoY to US$33.67 billion in Q4, FY21, while its net income was US$10.28 billion, or US$3.67 per diluted share. Its revenue for fiscal 2021 was US$117.92 billion, up 37% YoY.

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NVIDIA Corporation (NASDAQ: NVDA)

NVIDIA is a technology company based in Santa Clara, California. It makes GPUs for gaming and other professional markets. High-tech GPUs are a key requirement in metaverse projects.

The stock traded at US$263.35 at 3:01 pm ET on February 16, down 0.60% from its previous closing price. The NVDA stock soared 77.75% over the past 12 months.

The market cap of the company is US$657.65 billion, the P/E ratio is 81.07, and the forward one-year P/E ratio is 72.99. Its EPS is US$3.25.

The stock saw the highest price of US$346.47 and the lowest price of US$115.67 in the last 52 weeks. Its share volume on February 15 was 70,175,280.

The company's revenue jumped 53% YoY to US$7.64 billion in Q4, FY22, while its GAAP net income came in at US$3.00 billion, or US$1.18 per diluted share. Its revenue for the full year was US$26.91 billion, up 61% YoY.

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Walt Disney Company (NYSE: DIS)

Disney is a media and entertainment firm based in Burbank, California. It is currently developing interactive, actively-engaging projects around the Metaverse space.

The stock traded at US$156.43 at 3:41 pm ET on February 16, up 1.11% from its previous close. The DIS stock plummeted 17.01% over the past 12 months.

The market cap of the company is US$284.80 billion, the P/E ratio is 93.11, and the forward one-year P/E ratio is 35.41. Its EPS is US$1.68.

The stock saw the highest price of US$203.02 and the lowest price of US$129.26 in the last 52 weeks. Its share volume on February 15 was 12,730,920.

The company's revenue soared 34% YoY to US$21.81 billion in Q1, FY22, while its net income from continuing operations came in at US$1.15 billion, or US$0.63 per diluted share.

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Top 5 metaverse stocks to explore

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McDonald's Corporation (NYSE: MCD)

McDonald's is a fast-food chain based in Chicago, Illinois. It is among the latest companies to file for a trademark application for virtual goods and services.

The shares of the company traded at US$253.86 at 3:47 pm ET on February 16, up 0.02% from their previous close. Its stock value grew by 18.91% over the past 12 months.

The firm has a market cap of US$189.34 billion, a P/E ratio of 25.24, and a forward one-year P/E ratio of 24.91. Its EPS is US$10.04.

The 52-week highest and lowest stock prices were US$271.15 and US$202.73, respectively. Its trading volume was 2,171,763 on February 15.

The company's revenue rose 13% YoY to US$6.00 billion in Q4, FY21, while its net income came in at US$1.63 billion, or US$2.18 per diluted share. For fiscal 2021, the company's revenue jumped 21% YoY to US$23.22 billion.

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Bottomline

Metaverse could be the biggest innovation in decades. Analysts have provided bullish guidance for the sector's valuation in the coming years. However, investors should closely evaluate the market before investing in stocks.

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