Nasdaq NVDA Nvidia

Ah yes, the metaverse. A technological sensation, years in the making, which has been catapulted to the top of trending internet searches everywhere, is now driving investor interest across multiple companies, both large and small. As more applications and opportunities for monetization come into view, more firms are getting involved, and the speculative winners begin to be chosen.  

The metaverse, a digitized virtual reality realm to be shared over a multitude of platforms and for innumerable uses, must be powered by more than just the gaming or social media developers themselves.  

Here are two top metaverse stocks that have been identified by financial analysts as eventual benefactors of the proliferation of the virtual realm.  

Nvidia  

This graphics processing unit firm has seen its valuation nearly double over the last year, with several jolts to its share price occurring on the heels of Meta Platform’s (FB) name and business model shift. The Nvidia Corporation (NVDA) is anticipated to produce many of the necessary graphics infrastructure that will operate metaverse-linked software, as well as supply much needed data center and cloud-computing hardware.  

In his recent report, Vijay Rakesh of Mizuho Securities noted this tailwind of demand. He explained that partnerships with hyperscaler companies like Meta could drive demand, as FB accelerates its own heavy investment into the space.  

Rakesh rated NVDA a Buy, and assigned a price target of $335.  

The truth is, the technology company is already seeing massive demand for its RTX graphics cards, with many stores out of stock and others marking them up past their MSRP. Meanwhile, Rakesh noted that NVDA recently unveiled its new generation of RTX cards at CES in Las Vegas.  

The analyst remains bullish for the long-term, stating that gaming is maintaining a productive demand and should not be affected by seasonality. He sees a possible tailwind further aiding Nvidia as supply chain constraints ease through the back half of this year.  

On TipRanks, NVDA has an analyst rating consensus of Strong Buy, based on 24 Buy and 2 hold ratings. The average Nvidia price target is $359.17, suggesting a possible 12-month upside of 39.07%.  

Matterport 

What's a three-dimensional universe going to do without the ability to include 3D buildings and digital infrastructure? Not enough, believe analysts covering 3D space-capturing company Matterport Inc. (MTTR), as several throw their confidence behind the nascent firm. After going public nearly a year ago in February 2020, MTTR saw its valuation spike more than two-fold not-so-coincidentally with Meta’s announcement. Since then, it has come down considerably, allowing investors for potential entry at a discount.  

Daniel Ives of Wedbush Securities delivered an enthusiastic report on the stock before the end of 2021, and before its shares came down over 55%. However, that does not make him incorrect, as the underlying fundamentals of the company have yet to reflect the stock’s recent weakness.  

Ives rated the stock a Buy, and assigned a price target of $38. This came as a raise from his previous target of $30.  

Noting Matterport’s massive $240 billion TAM and possibilities for monetization with subscription-based user plans, Ives could not have been more bullish for the long-term.  

Writing that he believes the stock to be within “the early innings of a massive growth story playing out over the coming years,” he sees it as a huge benefactor of metaverse-related advancement. Moreover, he added that Matterport is one of his “favorite ideas heading into 2022,” and that the stock “remains under the radar.”  

All it may take to see considerable upside is for “the radar” to pick up this stock, along with other large metaverse tech names.  

On TipRanks, MTTR has an analyst rating consensus of Strong Buy, based on 3 Buy ratings. The average Matterport price target is $32.33, indicating a possible 12-month upside of about 121.74%.  

Download the TipRanks mobile app now

Read full Disclaimer & Disclosure

What happened 2021 was a big, and transitional, year for specialty semiconductor chip company Nvidia (NASDAQ: NVDA). The company mostly known for gaming and graphics cards evolved over the course of the year, and investors took notice. For the full year 2021, Nvidia stock returne

Famous investor Warren Buffett is famous for (among other things) winning a bet that money parked in an S&P 500 (SNPINDEX: ^GSPC) index fund would outperform professional money managers over 10 years. It's not easy to consistently beat a collection of the world's largest and most

So you want to amass a million dollars by retirement, and you'd like to get there by investing in an exchange-traded fund (ETF) -- a fund that trades like a stock. That's a fine plan (though some people might want to aim for more than a million dollars).There are more than 2,500

"Best" is in many cases a really subjective term. That's certainly true when it comes to stocks. The ones that one person considers the best could be completely different from another individual's picks.

Investors are recalibrating their portfolios to account for a more hawkish Federal Reserve, as signs that the central bank is ready to pull out the stops in its fight against inflation has shaken up markets in the first week of 2022.

Stocks dropped last week as investors prepared for the next onslaught of earnings reports from the world's biggest companies. The Dow Jones Industrial Average (DJINDICES: ^DJI) shed 0.3% and the S&P 500 (SNPINDEX: ^GSPC) fell by 1.9% in the first trading week of 2022.

Think long term. I know, those three words are used a lot. But they aren't heeded nearly enough. That's important to remember with the stock market volatility we've seen in recent days.

Today's video focuses on numerous topics that affected the semiconductor industry from Jan. 2 to Jan. 7. These topics range from a fire incident at a manufacturing plant to the multiple products presented at CES 2022. Here are some highlights from the video.

It's frustrating for investors when a stock constantly needs to issue shares to raise money so that it can continue growing. Even though sales may be increasing, without positive free cash flow, it can become a risky buy simply due to the potential for dilution, which can drive a

Investors are recalibrating their portfolios to account for a more hawkish Federal Reserve, as signs that the central bank is ready to pull out the stops in its fight against inflation has shaken up markets in the first week of 2022.

Just as we were getting accustomed to the idea of the multiverse (or at least Marvel's version of it), another blockbuster "verse" hit the headlines. Facebook changed its name to Meta Platforms (FB), and as part of the social media company's attempt to rebrand and reinvent itself

Just as we were getting accustomed to the idea of the multiverse (or at least Marvel's version of it), another blockbuster "verse" hit the headlines. Facebook changed its name to Meta Platforms (FB), and as part of the social media company's attempt to rebrand and reinvent itself

With its fingers in the pies of everything from gaming, data center and crypto to auto and the metaverse, Nvidia (NVDA) has seen outstanding success both in real-world performance and from an investing perspective over the past few years.

Following conversations with Nvidia’s CFO, Bank of America analyst Vivek Arya is confident the chip giant will keep on outperforming.

“We continue to believe the company is best positioned to address several of the most important, multi-decade secular growth opportunities with its unique, highly-leverageable accelerated compute platform,” the 5-star analyst said.

Let’s have a look, then, at key takeaways from the talks.

Contrary to the idea that last year’s gaming growth (up by 60% YoY) was mostly down to ASP upside due to the “preference and mix” to higher priced Ampere SKUs, it was fairly split between units and ASPs. Throughout 2021, gaming demand outpaced supply, and while capacity “remains a bottleneck,” the company is making an extra effort to secure supply. In any case, constraints are expected to abate in the year’s latter half.

Arya also notes Nvidia is still “very early in its ray-tracing (RTX) upgrade cycle.” With only roughly 25% of Nvidia gamers having already upgraded, unit and ASP growth should get a further boost from upgrades in 2022. At the same time, the seasonality that usually affects 1H should be limited this year due to “tight supply and broadening of demand from US to China.”

2022 should also see an extension of the “strong” data center momentum in 2H21, with hyperscale customers “scaling” deep learning in AI workloads and continued enterprise recovery and further AI penetration in vertical markets.

While the space is increasingly competitive, the company believes its “unique software platform and developer ecosystem provide it with a competitive advantage that competitors cannot easily replicate.”

Gaming and data center have been the main breadwinners, but Nvidia is extremely well-positioned to ride other secular trends.

The $8 billion auto pipeline should begin to bear fruit in the year’s second half and into 2023, although its impact will mostly be felt from 2024 onwards when the Mercedes software partnership will “ramp.”

And of course, there’s the Omniverse - what the company calls the metaverse for engineers – an opportunity both from a hardware and software standpoint. While 2022 will only see minor adoption, over the long-term this can turn into a “multi-billion $ opportunity.” More details on this could get an airing at this spring’s Analyst Day.

Overall, Arya rates Nvidia stock a Buy, and has a $375 price objective for the shares. The implication for investors? Upside of 36%.

Looking at the consensus breakdown, of the 26 reviews on record, 24 are to Buy and just 2 say Hold, all resulting in a Strong Buy consensus rating. Shares are expected to see 12-month growth ~31%, given the average price target clocks in at $359.17. (See Nvidia stock analysis on TipRanks)

To find good ideas for tech stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

What happened Up again, down again semiconductor stock Nvidia (NASDAQ: NVDA) is... down again in Friday afternoon trading, falling 2.9% through 12:45 p.m. ET.

Wall Street's main indexes were mixed in choppy trading on Friday after data pointed to weaker-than-expected job growth last month, further fueling bets of an aggressive monetary policy tightening by the Federal Reserve.

If you’ve been reading the news lately, chances are, you’ve come across metaverse companies in the stock market. For those unfamiliar, the metaverse is a culmination of various cutting-edge technologies wrapped into its own digital universe. In essence, it will allow

Intel (NASDAQ: INTC) stock has been in turnaround mode since crashing heavily after the release of its third-quarter results on Oct. 21, 2021, as there have been signs of a turnaround in Chipzilla's business thanks to its new products.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

If someone's headed closer to retirement, it is probably smart for them to assess their portfolio and switch out some riskier stocks for more durable, dependable companies. One way to do this is by finding some higher-yielding dividend stocks, which I identify as stocks with divi