Is Autodesk (ADSK) the Best Metaverse Stock to Invest in?

From Yahoo Finance: 2025-04-18 17:49:00

The metaverse is a rapidly growing digital frontier, encompassing VR, AR, and blockchain technologies. It offers immersive virtual worlds for socializing, working, and playing. The global metaverse market is projected to hit $316.34 billion by 2025, with a 39.3% CAGR. Businesses are the main customer segment, with a 25.5% CAGR in revenue expected by 2028.

Autodesk, Inc. (ADSK) is a leading metaverse stock due to its advanced 3D design tools like AutoCAD and Revit. In Q4 2024, ADSK reported $2.29 EPS, surpassing estimates, with revenue up 12% YoY. The company plans to enhance digital automation and AI development, focusing on construction and efficiency tools like AutoConstrain in Fusion.

ADSK ranks 9th in the list of best metaverse stocks. While promising, other AI stocks may offer higher returns in a shorter time frame. ADSK aims to maintain value and expand digital capabilities in line with metaverse trends, forecasting 8-9% revenue growth and significant GAAP margin improvements.



Read more at Yahoo Finance: Is Autodesk (ADSK) the Best Metaverse Stock to Invest in?