Analysts Reveal Surprising Virtual Reality Stocks That Could Soar Above Expectations

At a Glance

Matterport has shown a remarkable 145.66% return in one year, making it a standout VR stock.
Taiwan Semiconductor’s 42.71% stock increase is fueled by chip supply demands for VR hardware.
Kopin Corporation is gaining favor for specialized VR headset components across consumer and military markets.
NVIDIA, backed by 223 hedge funds, shows nearly 60% upside potential at the intersection of AI and VR.
The healthcare VR market’s projected growth from $4.18 billion to $46.37 billion by 2032 offers significant investment opportunities.

Why are virtual reality stocks suddenly catching everyone’s attention in 2024? It seems investors have finally woken up to the fact that VR isn’t just for gamers hanging out in their basements anymore! The numbers don’t lie – Matterport has skyrocketed with a mind-blowing 145.66% return in just one year, making even the most skeptical Wall Street types do a double-take.

The VR landscape is evolving faster than most people realize. Remember when everyone thought Meta (formerly Facebook) was crazy for betting big on the metaverse? Well, they might get the last laugh, with their Reality Labs division pushing boundaries and their Quest 3 headset flying off shelves at a relatively wallet-friendly $499. It’s like they’re saying, “told you so!” to all the doubters.

What’s really turning heads among analysts, though, are some unexpected players. Taiwan Semiconductor has quietly climbed 42.71% as they supply the chips that make VR magic possible. Meanwhile, Kopin Corporation has become the darling of top analysts for their specialized headset components that work in both consumer tech and military applications – talk about diversification! With over 300 clinical studies validating VR’s therapeutic effectiveness, healthcare applications are driving massive growth in the sector.

The most surprising twist? Healthcare applications are driving VR beyond gaming and entertainment. The healthcare VR market alone is expected to explode from $4.18 billion to a staggering $46.37 billion by 2032. That’s why companies like Unity Software, which powers 70% of mobile games but is rapidly expanding into medical training simulations, have analysts practically jumping out of their seats with excitement.

Even traditional tech giants are making moves that have investors scrambling. Apple finally entered the arena with their Vision Pro headset, while Amazon is leveraging AWS for immersive cloud experiences. The global VR market reached nearly $60 billion in 2022 and is projected to grow at a 27.5% annual rate through 2030. Investors interested in a diversified approach can consider the ProShares Metaverse ETF which offers exposure to multiple virtual reality companies in a single investment.

The smartest money, though, might be on NVIDIA – with 223 hedge funds already holding shares and analysts projecting nearly 60% upside, they’re positioned at the perfect intersection of AI and VR technologies that could redefine computing as we understand it.