VR Devices Shipments Are Expected to Grow in 2023 -- Is It Time to Buy Meta Platforms Stock?

By Jose Najarro – Dec 1, 2022 at 7:30AM

NASDAQ: META

Meta Platforms

Market Cap

$1,228B

Today's Change

(2.49%) $12.01

Current Price

$493.74

Price as of April 23, 2024, 12:44 p.m. ET

Meta Platforms is the leader in the VR hardware space but is it enough to impress investors?

Today's video focuses on Meta Platforms (META 2.49%) and an overview of a recent study done by TrendForce on VR hardware shipments. Meta Platforms is expected to ship over 70% of VR hardware in 2023. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Nov. 30, 2022. The video was published on Nov. 30, 2022.

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jose Najarro has positions in Meta Platforms. The Motley Fool has positions in and recommends Meta Platforms. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.