With the launch of Orion, a chapter now forgotten by the stock markets is reopened, that of AR technology. Will it be a positive revolution for the price of shares on the stock market?
Meta unveiled its ambitious augmented reality glasses project, called Orion, at the Meta Connect 2024 event.
The announcement has caught the attention of investors and analysts, as it represents a significant step in the company’s vision of creating a new paradigm for digital interaction. In addition to Orion, Meta also introduced the Quest 3S headset, confirming its commitment to the virtual and augmented reality sector.
The Orion project does not yet have a specific timeline for the release of a consumer version, but Meta said that the technology could be available in the "near future." For Meta, it seems like a given: AR glasses represent the culmination of more than a decade of research and development, and are the next big leap in human-centric computing. With all this new ground to cover, what should we expect from the stock?
The Reasons Behind the Importance of AR Glasses
According to an internal report by Meta, AR glasses like Orion unlock new technological and commercial potential. First of all, augmented reality allows you to project 2D and 3D content into the physical environment, transforming the real world into a canvas on which to place information or experiences.
This opens up new opportunities for entertainment, work and education. All this while maintaining great integration with Artificial Intelligence, a big trend of the moment. Apparently, Orion will be able to perceive and understand the surrounding environment thanks to advanced AI, anticipating the user’s needs. All this with greater portability and versatility than a PC: AR glasses will be designed to be light and comfortable, suitable for both indoor and outdoor use.
Furthermore, they will allow users to interact with other people while maintaining natural eye contact, which is impossible with devices such as current VR headsets.
A look at Meta’s fundamentals
Meta currently enjoys a long-term EPS growth estimate over a 3-5 year period of 17.6%. Looking ahead, the growth estimate is slightly higher, to 17.8%, confirming a solid expansion potential. The P/E ratio is 13.4% above the five-year average, a positive signal that investors expect good performance also in the future.
On the stock market, Meta has clearly overcome the difficulties related to the difficulty of estimating revenue from the "metatarsal" segment that arose in 2022, and the share price of the social networking giant is now above its all-time highs.
- Meta 1W
- Source: Baha.com
The impact on EssilorLuxottica
An aspect often overlooked in the discussion about Orion is the role that EssilorLuxottica, the Italian-French eyewear giant, will have in the creation of these devices. Meta has already collaborated with EssilorLuxottica to launch the Ray-Ban Stories smart glasses, which combine classic design and technological functionality.
The partnership between Meta and EssilorLuxottica is strategic for both companies. For EssilorLuxottica, this collaboration represents an opportunity to expand its business in the rapidly growing smart glasses sector.
The introduction of Orion, in fact, could increase the demand for smart glasses, consolidating the positioning of EssilorLuxottica as a leader in this market.
- EssilorLuxottica 1W
- Source: Baha.com
Original article published on Money.it Italy 2024-09-30 14:52:00. Original title: Azioni Meta, quali previsioni dopo il lancio di Orion? Torna il focus del mercato sulla realtà aumentata
