![]() ![]() GTA V and its GTA Online service reached $1 billion in sales just three days after its 2013 launch. TTWO took notice and has announced plans to launch official RP servers for its upcoming game, Grand Theft Auto 6, which will pivot the game experience from a linear storyline to a metaverse setting. Grand Theft Auto V, the company’s most profitable IP, has several successful (but unofficial) roleplay (RP) mod servers that allow players to live out their own stories in the game’s fictional setting. Take-Two Interactive (NASDAQ: TTWO), a video game holdings company and home of Rockstar Games and 2K, has a potentially attractive foothold in the metaverse market. Analysts from different firms rate the stock as a Strong Buy, confident that NVDA can sustain its growth based on insatiable AI demands and a lucrative metaverse offering. Meanwhile, EPS came in at a 38.89% surprise and ended up almost three times more than the previous reported quarter, from $0.88 to $2.50. Its last earnings report, ending July 30, 2023, indicated a 101% jump in revenue from last year. Investors looking for metaverse stocks to buy might think that the company has peaked, but recent financials and analyst predictions seem to say otherwise. The company also offers the Nvidia Omniverse platform, allowing designers, developers, artists, and engineers to create physically accurate 3D scenes and applications for real-world projects and concept testing. The recent boost in the AI sector has led to NVDA breaching the trillion-dollar market cap this year-a level that only four other companies are at right now. Furthermore, the company is one of the largest artificial intelligence hardware and software suppliers. ![]() Nvidia’s products include GPUs, semiconductors, and chip systems used in robotics, vehicles, automation equipment, and others. Nvidia (NASDAQ: NVDA), colloquially known as “Team Green” in the PC and gaming space, is more than just a GPU manufacturer. Additionally, the company is confident about its growth trajectory and plans on providing earnings guidance starting in 2024, adding another potential reason to put RBLX in your “metaverse stocks to buy” list. RBLX is also working on attracting older audiences who have more spending power. These investments are already reaping benefits as capital expenditures have seen a massive 60% drop from the same period last year. ![]() The company is still operating at a net loss, but this is primarily due to its heavy infrastructure investments. Reported EPS exceeded estimates by 13.46%. RBLX reported a fantastic third quarter, with total revenue growing by 38% and bookings (the company’s term for Robux sales) by 20% YoY. Roblox Corp is a notable player in the market, and several analysts are recommending it as a buy-rated metaverse stock. Additionally, RBLX offers a subscription service called Roblox Premium that rewards users with a set number of Robux, the in-game currency, and additional perks like added profit margins from all sold Roblox items. The free-to-play platform has user-created in-game purchases like avatars and skins, unique animation, weapons, and developer products. ![]() Starting as Dynablox and going public in 2021, Roblox (NYSE: RBLX) operates its namesake platform, Roblox, which allows users to create and play games (called “Experiences”) programmed by other users. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |