Best Metaverse Stocks to Buy

The metaverse is set to be the biggest trend in the technology sector this year. A report by Grayscale and top investment banks such as JP Morgan and Goldman Sachs predicts the metaverse could reach more than $1 trillion in annual revenue in the future. 

If you too are interested in investing in this 3D, digital world where you can buy virtual land, socialise with other people, work and play then choosing the top metaverse stocks is essential. 

In this ‘Best Metaverse Stocks to Buy’ article, we go through the top metaverse stocks to invest in this year and how to invest in them with zero commissions. 

Best Metaverse Stocks to Buy in 2022

Below is a list of the best metaverse stocks to buy this year. Some stocks you may already know – highlighting just how eager companies are to get ahead in the metaverse. This competition will be good for the virtual world!

1. Meta – Responsible for the Metaverse Trend & a Leader in Virtual Reality Tech 
2. Roblox – A Current Leader in the Metaverse with Over 47 Million Daily Users 
3. Nike – The First to Trademark Applications to Sell Virtual Branded Sneakers 
4. NVIDIA – Has Built the Omniverse Platform to Connect 3D Worlds
5. Microsoft – $75 Billion Acquisition of Activision Blizzard to Enter the Metaverse
6. Adidas – NFT Collection ‘Into the Metaverse’ Will be Available this Year
7. Puma – Trademark Filed to Sell Virtual Goods Such as Clothing & Footwear
8. Autodesk – Cloud Software Used to Build Virtual Worlds in Gaming
9. Unity – A Leader in the 3D Space That Will Benefit from the Metaverse
10. Match Group – Already Launched a Virtual World for Single People

These companies all play a different role in the metaverse. Some will provide the tools for creators to build virtual worlds. Some will sell goods and services to users in the virtual world and some offer hardware to provide a more immersive experience in the metaverse. 

A Closer Look at the Best Metaverse Stocks to Invest in 

In this section we look at each one of the best metaverse stocks to buy listed above, so you can find the best metaverse stock for your portfolio. 

1. Meta – Responsible for the Metaverse Trend & a Leader in Virtual Reality Tech

When Facebook changed its name to Meta Platforms in October 2021, it increased the attention of investors towards the metaverse space. Currently, Meta provides hardware to the metaverse in its Oculus VR headset – which has been renamed to the Meta Quest headset.

However, Meta’s ambition in the metaverse is huge. At the Mobile World Congress trade show in Barcelona in early March 2022, CEO Mark Zuckerberg said: “We’re at the start of the next transition as we build for the metaverse….But creating a true sense of presence in virtual worlds delivered to smart glasses and VR headset will require massive advanced in connectivity.”  

He encouraged partners to work with Meta to bring its vision to the metaverse to life. So, not only is Meta a leader in metaverse hardware, they are building a global community to build the metaverse bigger and faster which is likely to help the stock along the way.   

2. Roblox – A Current Leader in the Metaverse with Over 47 Million Daily Users

Roblox has already established itself as a leader in the metaverse world. Its platform only launched in 2004 and now has nearly 50 million active daily users around the world. Most importantly, there are nearly 10 million developers who use the platform to build user-created virtual worlds. 

Rather than focusing on metaverse hardware such as augmented reality and virtual reality headsets, Roblox’s focus is on building an interactive and immersive virtual world using its existing gaming technology. The key to its success is its developers and creator community which build all of the experiences that are found in-game. 

Currently, Roblox has more than 24 million experiences for users to interact with. It also has more than 4,000 human moderators who police the platform and make sure experiences do not go against its community rules. This is important from an investor standpoint as more than half of its users are children. 

Roblox’s share price had a good start to its initial public offering (IPO) in March 2021. The stock rallied nearly 120% higher to an all-time high price level of $141.60 in November 2021.

However, since then the stock price has been in a long decline and has fallen in line with the broader market. This has created an opportunity of huge value for long-term investments and is why Roblox is considered to be the best metaverse stock available. 

3. Nike – The First to Trademark Applications to Sell Virtual Branded Sneakers

At the end of last year, Nike filed several new trademarks indicating its intent to make and sell Nike-branded apparel and sneakers in a virtual world. The applications were for Nike, its famous logo, its slogan ‘Just Do It’ and ‘Air Jordan.’ 

The company already has a variety of job posts for virtual design roles for its sneakers and apparel, highlighting their entry into the metaverse. Nike has already collaborated with Roblox and its online gaming platform and already partnered with the game Fortnite in which its characters wore Nike sneakers. 

Nike is considered to be one of the best metaverse stocks to buy as it already has an established brand and operation in the physical world. The stock price listed on the NYSE has had a tough start to 2022 with its share price declining more than 30% from its record high of just under $180 recorded in November 2021. 

Much of the sell-off has been attributed to the impact of supply chain disruptions and a lowered 2022 outlook in its recent earnings report. However, with these disruptions passing there could be some long-term upside on the horizon. 

4. NVIDIA – Has Built the Omniverse Platform to Connect 3D Worlds

NVIDIA (NVDA) is also considered to be a top metaverse stock. While the company is a leader in building high-quality graphics processing units (GPUs), it has also started to create products specifically for shared virtual 3D worlds via NVIDIA Omniverse. 

NVIDIA’s Omniverse has three major parts. The Omniverse Nucleus is a database engine that connects users and provides the ability to interchange 3D assets. The second part of the Omniverse is the simulation of the virtual world through its composition, rendering and animation engine.

The last part of the Omniverse is the NVIDIA CloudXR. This includes software for streaming virtual reality content from OpenVR applications to Android and Windows devices. Foster + Partners, the design and architecture firm for Apple’s offices, Bentley, BMW and Ericsson are just a few companies using the NVIDIA Omniverse.  

NVIDIA’s share price has been in a long-term uptrend since 2019. The recent 40% dip in its price has created a very interesting long-term buying opportunity for investors. After all, NVIDIA is a leading semiconductor stock that is likely to benefit from users accessing the metaverse making it one of the best metaverse stocks to buy. 

5. Microsoft – $75 Billion Acquisition of Activision Blizzard to Enter the Metaverse

In February 2022, tech stocks giant Microsoft (MSFT) announced its $75 billion acquisition of gaming company Activision Blizzard. CEO Satya Nadella explained that the acquisition will provide the building blocks for the metaverse which he says as being accessible on every device. 

However, Microsoft was already trying to move into the metaverse before the acquisition. Shortly, after Facebook renamed itself to Meta, Microsoft announced plans that users of Microsoft Teams, the company’s online meeting app, would be able to turn themselves into avatars to begin virtual interaction. 

The tie-up with Activision Blizzard makes a lot of sense. Microsoft sells one of the best video game consoles on the market the Xbox and Activision Blizzard owns some of the best virtual worlds in existence through Call of Duty and World of Warcraft. 

Since 2014, the Microsoft share price has risen nearly 850% to a record high of $349.67 in November 2021. Since then the share price has adjusted to the impact of rising interest rates from the Fed and has declined around 20% – not a lot compared to the broader market. 

Microsoft could be the best metaverse around if its latest acquisition goes to plan and they use its current dominance to gain market share.  

6. Adidas – NFT Collection ‘Into the Metaverse’ Will be Available this Year

Adidas plans to enter the metaverse include a collection of digital and physical items that will be sold as NFTs (non-fungible tokens) with collaborators Bored Ape Yacht Club and the Punks Comic creators. The NFT collection is titled ‘Into the Metaverse,’ and will feature virtual wearable items that can be used on online platforms. 

An NFT provides proof of ownership via the blockchain. There has been an increase in brands offering NFTs that can also be used in the metaverse. Adidas also partnered with Gucci in which both companies are developing virtual real estate in The Sandbox – a metaverse platform. 

Shares in Adidas collapsed 50% lower from its record high of 336.25 recorded in August 2021. European stocks were hit with the threat of rising interest rates at the beginning of 2022 and then by the Russia invasion of Ukraine. 

The stock is now trading at significant levels of historical support where buyers have turned up and started a long-term trend, most notably in 2017 and 2020. Adidas is a top metaverse stock to consider adding to your portfolio.

7. Puma – Trademark Filed to Sell Virtual Goods Such as Clothing & Footwear

Just as Nike and Adidas have entered the metaverse so has rival Puma. The sports retailer has already filed several trademarks to sell virtual goods branded with its name and logo. While the retailer hasn’t officially confirmed their foray into the metaverse, they won’t want to be left behind in what could be the next big thing. 

According to the trademark filled out by Puma, it seems users can expect virtual reality games, an intuitive website, entertainment features and virtual goods to be used in the metaverse, such as non-downloadable virtual clothing, footwear, bags, headwear, art, toys and more. 

Shares in Puma are currently trading at a big discount compared to where they were at the end of 2021. This may provide some good long-term opportunities for investors who are bullish on sports retailers and the metaverse. 

Much of the weakness is attributed to an impact on sales caused by supply chain disruptions over the pandemic. However, with the issues starting to clear Puma is a top metaverse stock to watch. 

8. Autodesk – Cloud Software Used to Build Virtual Worlds in Gaming

Autodesk (ADSK) is a design and services company that provides access to Revit software which is 3D software for architects. Investors are very excited about its prospects for the metaverse as it enables users to design, build and manage buildings and machinery virtually.  

The company also announced the acquisition of New Zealand based cloud platform developer Moxion which is used by many top filmmakers. As Autodesk provides the ability to design and render virtual spaces it is likely it will benefit from the increased adoption of the metaverse. 

Since 2009, shares in Autodesk have rallied more than 3,100% to a record high of $318.72 in August 2021. The recent sell-off in global stock markets now has Autodesk trading around $200.00, providing a lot of value for investors interested in one of the best metaverse stock plays around. 

9. Unity – A Leader in the 3D Space That Will Benefit from the Metaverse

Unity Software is a San Franciso based company that provides all the tools needed for game designers, engineers and architects to develop 3D content in real-time on a variety of different platforms including Apple and Microsoft operating systems to mobile virtual reality and augmented reality devices. 

The company is likely to benefit by acting as a bridge between our world and the metaverse. It is already an established player helping well-known brands to enter the metaverse. It is currently working with Hyundai, Samsung, H+M and others.

Shares in Unity have been a wild ride since its IPO in October 2020. The stock rallied more than 160% by December 2020, before falling more than 50% from $174.94 to $76.00 by May 2021. 

The stock then rallied 175% higher to a record high of $210.00 in November 2021. The stock is now down more than 60% from its record high, hovering back down to $77.00. While it is not a stock for the faint-hearted there is potential growth from these record lows.

10. Match Group – Already Launched a Virtual World for Single People

Match Group is a well known online dating company. The group operates Match.com, Tinder and Hinge and is well-positioned to cash in on the metaverse with its more than 11 million paid subscribers. 

The company is going all-in and plans to provide live experiences and interactions, a virtual goods economy using Tinder’s new currency, Tinder Coins. Match Group has already launched its Single Town app in South Korea which is a virtual world for single people with avatars who can interact with other people. 

Since Match Group’s IPO in November 2015, the stock has rallied nearly 1,000% higher to a record high of $182.00 in October 2021. Since then, the stock has declined 50%. In its latest earnings report, this was largely attributed to the impact of the pandemic and social distancing. 

However, the metaverse could provide a very interesting revenue stream for Match Group and is a well-diversified play from sports companies and gaming companies as discussed in the list above. 

What are Metaverse Stocks?

A metaverse stock represents a company that is involved in the metaverse either through providing software to create a virtual world or by selling virtual goods that can be used in the metaverse or by providing hardware to act as a bridge between our world and the metaverse. 

As the metaverse is still being defined, metaverse stocks can relate to a wide range of companies that are directly or indirectly involved in the metaverse. Some stocks may profit from providing access to the metaverse (such as gaming companies) or by selling products that can be used in the metaverse (such as sports retailers and fashion brands) or by providing the software used to create a virtual world (such as 3D modelling companies). 

Are Metaverse Stocks a Good Investment?

Metaverse stocks can be a good investment even though the sector is relatively new. However, it’s wise to focus on companies that are involved in the metaverse and could be a big player in the future but still have a good product range and income stream today. 

Analysts Forecast $1 Trillion in Annual Revenue in the Metaverse

Investment banking giants JP Morgan and Goldman Sachs forecast the metaverse to produce annual revenues of $1 trillion in the future. Only last year, virtual real estate in the metaverse sold for more than $2 million. With more and more well-established entering the metaverse these figures could be achieved within the next ten years. 

Meta is Investing $10 Billion in the Metaverse

Meta, formerly Facebook, is going all-in in the Metaverse. Not only did founder and CEO Mark Zuckerberg change the name from Facebook to Meta but he has plans to invest more than $10 billion in changing the company from a social media to a metaverse company in the next five years. 

Every Sector is Seeing the Power of the Metaverse

More and more companies from all types of sectors are seeing the power of the metaverse. Realtors are seeing the power behind people visiting homes using virtual reality. Architects are seeing the power of walking people through an unbuilt building through virtual reality.

Government sectors are viewing the metaverse as a way of training firefighters, police offers, health workers extra through the use of augmented reality. The gaming sector has already created a metaverse that is set to grow exponentially with artificial intelligence uses next. 

Metaverse Penny Stocks

Metaverse penny stocks are stocks that are involved in the metaverse but are very new and trading around or less than $5 per share. Penny shares tend to be quite volatile as they are new companies whose stock prices can be influenced by just a few players buying and selling shares in large quantities. 

For a stock to be considered a metaverse penny stock they would need to be involved in either providing the software for users to create a virtual world or providing hardware to connect users from the real world to the virtual world. 

The top three metaverse penny stocks include:

1. Hall of Fame Resort & Entertainment Company – Top Rated Metaverse Penny Stock Play for eSports and iGaming in the Metaverse
2. Meta Materials – Top Rated Metaverse Penny Stock Providing Smart Augmented Reality Eyewear Tech
3. Enthusiast Gaming Holdings – Top Rated Metaverse Penny Stock with a Social Network for Gamers

Metaverse Stock Price

While the concept of the metaverse is relatively new, many well-known blue-chip companies are already moving into the space. From securing trademarks to selling virtual goods to launching NFTs for physical and virtual goods, the competition to gain market share in the metaverse is growing. 

This is ideal for investors choosing stocks that are also moving into this field. With the metaverse forecasted to generate more than $1 trillion in annual revenue, it could be a huge swoon for metaverse stocks who get it right and therefore beneficial to its investors. 

Best Broker to Buy Metaverse Stocks

It’s clear that investors are keen to tap into the trillion-dollar potential of the metaverse. With well-known, blue-chip companies already entering the space now is a good time to find the best metaverse stocks to buy. 

To do this, you need a top-notch broker.

Frequently Asked Questions on Metaverse Stocks