The 5 Best Metaverse Stocks To Buy For May‌ 2022

Posted by:Alex Belov Posted on:May 13,2022

In this article, we’ll highlight the top 5 metaverse stocks to consider buying in May 2022. In the rating, we included companies from different areas: manufacturers of semiconductors, video cards and software. Top includes Meta Platform, Nvidia, AMD, Unity and Micron

№ 1. Nvidia (NASDAQ: NVDA)

Nvidia (NASDAQ: NVDA). Nvidia is recognized as the world’s best semiconductor and video processing chip company, which is currently used for self-driving cars, artificial intelligence, bitcoin mining and cloud gaming. The company’s shares have recently fallen strongly, and the upside potential remains high.

Nvidia
NVDA
Price on May 13, 2022 = $161.75
Average target price in the next 12 months = $299
Company valuation = "buy"

№ 2. Advanced Micro Devices (NASDAQ:AMD)

AMD is a popular developer and manufacturer of processors, graphics cards and software.Analysts have set an average price target of $139 over the next 12 months. AMD shares have dipped significantly and are a great buy today.

AMD
AMD
Price on May 13, 2022 = $87.06
Average target price in the next 12 months = $139
Company valuation = "buy"

№ 3. Meta Platforms (NASDAQ:FB)

The latest price target for Meta Platforms (NASDAQ: FB) was published by analysts at Evercore ISI Group on April 28, 2022. The analyst firm has set a target price of $325.00 (possible upside potential of 70% from current levels). The average target price is set at $257. Meta Platforms shares are trading at $191.24 today.

Meta Platforms
FB
Price on May 13, 2022 = $191.24
Average target price in the next 12 months = $257
Company valuation = "buy"

№ 4. Unity Software(NYSE:U)

Unity Software(NYSE:U) is the developer of the popular game engine. After the controversial report, Unity Software shares are trading at a deep discount. Analysts believe that the stock’s upside potential remains high. It is the Unity Software engine that will be used in the future to create the worlds of the metaverse. The average target price is set at $101 over the next 12 months. The growth potential is about 180%.

Unity Software (U) Stock Forecast
Unity
U
Price on May 13, 2022 = $35.09
Average target price in the next 12 months = $101
Company valuation = "buy"

№ 5. Micron Technology(NASDAQ:MU)

Micron Technology is the largest manufacturer of RAM. High-speed memory will be required to create seamless worlds in the metaverse. Today, Micron Technology shares are trading at a healthy discount with an average target price of $101 (about 50% upside).

Micron Technology
MU
Price on May 13, 2022 = $67.71
Average target price in the next 12 months = $101
Company valuation = "buy"
Share analytics

Alex Belov

Developers by oneinveststock.com. Analyst, investor

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