Better Metaverse Stock: Meta Platforms or Roblox

better metaverse stock meta platforms or roblox

Sumary of Better Metaverse Stock: Meta Platforms or Roblox:

  • Let’s compare the core businesses of Meta and Roblox, their plans for the metaverse, and see which is the better overall investment on this secular growth trend.
  • An expanding sliver of its revenue comes from its Oculus VR headsets and Portal smart screens, which both extend its ecosystem beyond PCs and phones.
  • Facebook recently added a pair of Ray-Ban smartglasses to that hardware lineup, and it plans to release additional AR devices in the future.
  • It ended last quarter with 47 million DAUs, and most of its users are still children under the age of 13. Roblox is popular with kids because they don’t need any coding knowledge to create games with its simple block-based platform.
  • Meta’s revenue rose 22% to $86 billion in 2020, even as the pandemic throttled its advertising growth in the first half of the year.
  • However, the company expects its near-term growth to be affected by Apple’s privacy update on iOS (which enables its users to opt out of data-tracking features) as well as antitrust and privacy-related regulatory challenges.
  • Roblox’s revenue soared 82% to $924 million in 2020 as the pandemic forced more students to stay home and spend more time on the platform, but its net loss widened from $71 million to $253 million.
  • Many investors expected Roblox’s growth to decelerate as the pandemic passed and more schools reopened.

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