Top 10 Metaverse stocks to buy in 2024

Share this:
Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

The Metaverse is not the future; it is the present. Virtual spaces have long become a territory of economic and even political relations; they are being successfully commercialized and offer many money-making options. The Metaverse stocks is one of such options. Below we will take a closer look at the most promising companies in this field, explain where and how to buy the Metaverse stocks on the best possible conditions. This article was prepared by the Traders Union analysts based on the information gathered from the top experts in the field of innovative investing.

Start investing in metaverse stocks right now with eOption!

What are the Metaverse stocks?

In order to benefit the most from the purchase of the Metaverse stock, you need to understand the mechanisms of this phenomenon. There is no single Metaverse; any company that develops online multi-user projects creates its own Metaverse. Telegram, WeChat, World of Warcraft, Fortnite, Facebook – all of these are the Metaverses. There are hundreds of them; some employ virtual reality and augmented reality technologies, but it is not a mandatory condition.

In a broad sense, the shares of any company that develops innovative software products that involve user interaction can be considered the Metaverse stocks. These include social networks, messaging apps, video games, and entertainment software. Certainly, some projects are more successful and some are less so. Some have already exhausted their potential, while others will continue to develop for many years.

Top 10 Metaverse stocks to buy

The prices of the Metaverse stocks currently differ strongly for different projects. Everyone can find the optimal entry conditions in this market right now. Below, we will look at the most popular and promising Metaverse stocks and will also provide brief commentary on each position.

Meta Platforms, Inc.

Company Meta Platforms

Ticker

Meta

Type of business

Information technology, social networks, virtual reality

Meta Platforms is the mother company, which owns Facebook, Instagram, WhatsApp and Oculus, which represent the two largest social media in the world, one of the top messaging apps and the pioneer developer of VR headsets (Oculus Rift and Oculus Quest), It is a huge conglomerate of Amazon and Apple level.

Up until 2021, Meta was known as Facebook Inc. Mark Zuckerberg renamed his creation, having set the concept for the global IT industry development for years to come. He also introduced the notion of the Metaverse, explaining to the mass audience its concept and meaning. Immediately after rebranding, the Facebook/Meta shares considerably dropped, losing 46% of its peak value as a result of a long fall. However, Zuckerberg was never the one to make spontaneous decisions. Acquisition of Instagram and WhatsApp are good indications of that.

Currently, against the global crisis wave, the quotes of Meta’s securities are rather dynamic, moving up to 50 points a month. The more important takeaway, however, is that all largest online software product developers, such as Google and Microsoft, supported the Metaverse trend. Meta has a colossal customer base, one of the most powerful expert staff, stable funding and not a single failed product. Therefore, analysts are confident that the Meta stock price will be showing a steady growth in the near future.

Microsoft Corporation

Company Microsoft Corporation

Ticker

MSFT

Type of business

Software, gaming consoles, computer hardware

The company was established in 1975 and is a true veteran of the IT industry that has made its mark in practically all segments – from PC software to production of smartphones. There have not been long periods of decline on the Microsoft quote chart; the company’s stock price has been on the rise practically always. Now, when the global crisis hit absolutely everyone, the quotes sagged a bit, but this is a temporary trend, as in the case with Meta.

There are two conceptual benefits of buying the Metaverse stocks from Microsoft. Firstly, the company has impressive experience in every segment; it achieved commercial success in all areas it has worked. Secondly, Microsoft Corporation supported Zuckerberg’s idea of the Metaverse, which is not surprising, seeing as the company owns the legendary Xbox, and releases masterpiece franchises like Halo, Microsoft Flight Simulator, Gears of War with enviable regularity.

Also, Microsoft plans to acquire Activision Blizzard Inc, becoming one of the leaders of the gaming industry. Therefore, now is a good time to invest in MSFT.

Unity Software Inc

Company Unity Software Inc

Ticker

U

Type of business

Software for video games

Unity is the developer of one of the two most popular game engines (the other one is developed by Unreal Engine). Such games as Wasteland 2 and 3, Subnautica, Doom for Nintendo Switch, Fallout Shelter, Albion Online and hundreds of other commercially successful projects run on its engine. The company was also involved in building Fortnite and League of Legends.

Video games and entertainment are integral parts of the Metaverse, which is why it is difficult to imagine the future world without Unity, as 70% of all mobile gaming apps use this engine. Unity, however, is not just about the games. When in 2020 the company went public, it acquired MLAPI and RestAR, a computer vision and deep learning company.

The uniqueness of Unity is that apps (and not only entertainment ones) can be developed on the basis of its engine for any platform, including using the VR technology. So, if you are thinking of buying the Metaverse stocks, check out the U ticker.

Autodesk

Company Autodesk Inc

Ticker

ADSK

Type of business

Software for industrial, civilian construction, engineering, media and entertainment industries

Autodesk is the undisputed leader of its segment. The company has been developing top-class design software for over 40 years. Even if you have no relation to this industry, you have heard about AutoCAD, because it is the best computer-aided design and drafting software. This is also not only about architecture, but construction, engineering and industry. AutoCAD also does animation and graphics.

Autodesk 3ds Max and Autodesk Maya are the instruments that are literally building the Metaverse. They are used for animation, rendering, and compositing in games, movies, and design projects. ADSK stock price has sunk right now (like all leaders in the industry), but if we compare the quotes over the past 5 years, it is clear that the company has been progressing fast. In 2023, the company has already (as of June) sold USD 4.39 billion worth of its products. So yes, this is a great option if you want to invest in the Metaverse.

Roblox

Company Roblox Corp

Ticker

RBLX

Type of business

Video game ecosystem

This is once again related to the gaming industry, which is not surprising, as Second Life – the reference prototype of the global Metaverse – was positioned as a video game in the beginning. Roblox is a project of a different level. It is not a game, but an online game and entertainment app creation platform. It has such a simple interface and flexible functionality that anybody can work with this platform.

In the US, Roblox is the second most popular service among teenagers after the Google services (including YouTube). The platform hosts major events, including a virtual concert of Lil Nas X in November 2020. Therefore, when the Metaverse stocks are discussed, Roblox is one of the first companies IT investment experts mention.

The biggest advantage, however, is that the RBLX ticker became available at the exchange only in 2023. It is an excellent chance to invest in a promising project at the beginning. There is no doubt about the prospects of the company, as the platform is ranked among the Inc. 5000 Fastest-Growing Private Companies.

Match Group

Company Match Group Inc

Ticker

MTCH

Type of business

Online dating services

Speaking about the possibilities of the Metaverse, one should not forget that they are primarily about social platforms, where the basic mechanisms involve user interaction. In terms of this aspect, Match Group is at the forefront, because this is the company that created the largest dating services, including Tinder, Match.com, OkCupid, and half a dozen other similar projects. Tinder alone has hosted over 65 billion dates around the world since its inception.

There is a reason we mentioned Second Life. There have been known cases, when people, having met in the Match Group services, moved to this virtual space and continued to communicate. Technically, these services solve the Metaverse’s main task – bring people with similar interests together (Match Group apps are actually created not only for dating, but also for business contacts). The company’s stock is one the rise at the moment, with a stable trend predicted in the future.

Nvidia

Company NVIDIA Corporation

Ticker

NVDA

Type of business

Graphics processing units (GPUs), application programming interfaces (APIs), system on a chip units (SoCs)

Nvidia is the largest manufacturer of the systems on a chip (SoC). SoCs are used everywhere in mobile gadgets – smartphones, tablet PCs, smart watches, as well as Internet solutions, for example WiFi routers. This is the technology that makes the Metaverse possible.

Nvidia also develops APIs and GPUs. For example, API CUDA is used in supercomputers all around the world, Tegra processors are used in practically every other smartphone, and GeForce along with its direct competitor AMD practically fully satisfies the demand for graphics processing units.

Therefore, if you are thinking about buying the Metaverse stocks, Nvidia is a promising option. Although the company’s quotes dropped in the beginning of 2023 against the background of the global crisis, NVDA stock was among the first ones to recover from the shock.

Matterport

Company Matterport Inc

Ticker

MTTR

Type of business

Data digitization

Literal reflection of the world is one of the key segments of the Metaverse, which implies transfer of real physical objects into the digital space, starting from city maps and 3D models of buildings to simulation of the laws of physics in various environments. Very few companies do this today.

Matterport developments are used in travel and tourism, global design, commercial real estate. There is, however, an interesting paradox. In absolute figures, the company is not worth that much, some USD 1.95 billion, which is not even close to the level of the aforementioned giants. However, Matterport is always present in any expert selection on the topic of the Metaverse.

This is a “pure” representative of the Meta concept, which many investors are interested in, because the purchase of virtual items in virtual spaces has already turned into a trend. A relatively small capitalization makes the company sensitive to the influx of investors. Considering that the MTTR ticker only went public in 2023, there is no better time to buy stocks of this company.

CrowdStrike Holdings

Company CrowdStrike Holdings Inc

Ticker

CRWD

Type of business

Cybersecurity technologies

Since the virtual spaces of the Metaverse exist on physical servers, actively use the Internet and cloud technologies, the issue of cybersecurity carries a conceptual importance. After all, nobody wants their land in The Sandbox to be stolen, Facebook account with personal data, including credit card information hacked. CrowdStrike Holdings is the leader in the Modern Endpoint Security market. The company is the largest developer of solutions for the protection of computer systems and networks against unauthorized actions. To understand how important the company’s work is, all you need to know is that Google invested more than USD 480 million in the company at the start. At the same time, the price of CrowdStrike Holdings shares is quite affordable, and at the moment the quotes are growing steadily.

Take-Two Interactive

Company Take-Two Interactive

Ticker

TTWO

Type of business

Video game development, publishing and distribution

Entertainment plays one of the key roles in the Metaverse because it is a huge market with a slew of commercialization options. This is where esports and video games come to the fore. Therefore, if you're interested in the Metaverse stocks related to the gaming industry, the answer is Take-Two Interactive.

It is the company that owns Socialpoint, Rockstar Games, 2K, Ghost Story Games and Private Division. And it is the company that released Grand Theft Auto, Max Payne, Mafia, BioShock, XCOM, and Civilization. These are the games that the entire world plays. They are the foundation of the Metaverse entertainment. Therefore, investing in the Take-Two Interactive shares is profitable at any time.

What are the investment prospects of the Metaverse?

It is profitable to buy the Metaverse stocks now because the entire world started talking about this concept thanks to Zuckerberg. The Metaverses themselves, however, have existed for a long time. Second Life, which we’ve already mentioned, was probably the first example of the Metaverse. Since 2021, however, fundamentally new platforms like Decentraland and The Sandbox have started to appear, where legal entities and individuals buy virtual land, where you can open a store, a gallery, a concert hall, anything.

For many people, the Metaverse now looks like a pure futurism, but that future has already arrived. Coca-Cola, Gucci, Google – these and other companies have already purchased virtual land, are actively working with NFTs and have become a part of the Metaverse. If you communicate in messaging apps, on social media, play MMORPG games, date online, you are also a part of the Metaverse. The number of users is growing by day, and the number of Metaverses increases.

It is a stable progressive trend and it is natural, because the Metaverse exists at the junction of commerce, art and IT. It employs the latest technologies, like VR and AR, which determine the development of the digital industry for decades to come. That’s why the Metaverse stocks are indeed a good investment. The only question is to invest in truly successful projects and diversify risks.

What are investment alternatives to stocks?

An individual can buy ETFs (exchange-traded funds) instead of the Metaverse stocks. An ETF is a ready-made investment portfolio, which includes securities of several companies operating in the same area of business. It is a simple and effective way to reduce financial risks when investing.

Non-fungible tokens (NFTs) are another option. These tokens exist in only one copy and cannot be replaced with a similar token. In the Metaverse, a concert ticket, a private club pass, or any virtual object – an avatar, a painting, clothes or real estate, can be an NFT. NFTs are now particularly popular among investors.

Also cryptocurrencies, which have long become a part of the global financial system, deserve mentioning. Some cryptocurrencies serve as the base currencies inside the Metaverse, for example land in the Decentraland is purchased for MANA. Smart investing in cryptocurrencies can bring a good income.

Finally, there is virtual land. Meta Platforms offers five platforms where you can buy such land. What is it used for? You can use it to exhibit your paintings and sell them, hold free lectures and earn from placing ads, to make a virtual dressing room of a real store, attracting customers in this manner. Commercialization possibilities of virtual land are only limited by the imagination of its owner.

Where to buy the Metaverse stocks

It is better to buy the Metaverse stocks from reliable and reputable brokers. However, not all brokers offer a user-friendly interface, a wide selection of assets and low fees. Traders Union experts have selected several options that rank at the top in their segments based on user reviews.

Finam – the best exchange to buy stocks directly

Open an Account
Your capital is at risk.

The broker offers quick registration with minimum verification requirements, a user-friendly app and zero fee deposits. You can use MT4 to trade. The broker offers access to the most popular stocks traded at NYSE, NASDAQ, Xetra, HKEX, BME and Euronext. The fees are lower than average in the market. For example, novice traders with trading volumes up to USD 17,000 trade NASDAQ stocks at 0.0354% fee. In addition to the standard account, there are other account types designed for different investment options.

RoboForex – the universal exchange for trading CFDs

Open an Account
Your capital is at risk.

The broker provides access to trading contracts for differences (CFDs) with hundreds of underlying assets, including not only stocks, but also currencies,cryptocurrencies, metals, commodities,indices. The leverage on stocks is up to 1:20; there is a full set of instruments for technical analysis and also an automated trading strategy constructor. In total, the broker offers over 12,000 CFDs, including on stocks of Amazon, Facebook, Siemens. You can use МТ4, МТ5, WebTrader, and StocksTrader to trade. The minimum deposit is USD 10 and the spread depends on the account type.

Conclusion

The Metaverse stocks are a good investment. You can invest in securities of dozens of companies related to virtual and augmented reality, cybersecurity, and the entertainment industry. The securities of the majority of the segment leaders are stable, but due to the natural dynamics of quotes, you can earn a profit on them by speculating using long and short positions. The Metaverse is a global trend that will only strengthen, which the top innovative investing experts confirm.

In addition to buying the Metaverse stocks, you can earn money on virtual land, NFTs, and cryptocurrencies. Many Metaverse segments are only starting to develop now, but the titans of the industry have already taken notice of their promising nature (for example Google’s investment in CrowdStrike Holdings). A number of players went public this year; their quotes are extremely dependent on the influx of investors and this is also a good place to earn a profit.

FAQs

What are the Metaverse stocks?

The Metaverse includes online products of any company, for example, messaging apps, social media, multiplayer games, etc. The shares of these companies are the Metaverse stocks.

What Metaverse stocks are the best to invest in?

Meta Platforms, Microsoft Corporation, Unity Software are the most vivid examples. Experts identify several dozens of promising companies; we reviewed the top list in this article.

How promising is the Metaverse?

The prices for the Metaverse stocks depend on the position of a specific company at the exchange. The Metaverse is the global trend, which more and more industry leaders are joining. Therefore, now is the best time to invest in this field.

How else can I make money on the Metaverse?

You can also buy non-fungible tokens, trade cryptocurrencies. Buying virtual land is another popular investment option.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.

Mikhail’s motto: Learn something new and share your experience – never stop!

Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.

Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.