Meta Platforms Inc.META
▲ PositiveDemandrelevance
SoftBank launching Ray-Ban Meta Gen 3 in Japan adds another distribution channel, expanding retail/carrier availability for Meta's smart glasses.
Impact on assets 2
Spatial Computing / AR/VR▲ · 1 stocks
Meta Platforms Inc.Financials▲ · 1 stocks
SoftBank Group Corp.9984
± Mixedrelevance
SoftBank is the subject launching the Gen 3 glasses, but its U.S.-listed shares slumped 7.6% with no stated cause in the article.
Theme Impact 2
Off-coverage companies
Related news
▲5impact 4
Meta Unveils Muse Charm Device as Stock Jumps 14% on AI Push
Meta used its Meta Connect event to unveil the Muse Charm, a standalone pocket device built exclusively for voice interaction with the company's new Muse agent, alongside a major push into what Chief Executive Mark Zuckerberg called Personal Superintelligence. The Muse Charm debut came late Wednesday, and Meta also showed off the Meta VR Glasses, a 100-gram spatial computing headset priced at $1,299 with 5K micro-OLED displays, tethered puck processing, and native eye and hand tracking, plus the third-generation Ray-Ban Meta Gen 3 glasses starting at an entry-level $249 and camera-free Ray-Ban Meta Audio glasses for open-ear listening and AI voice interaction. Meta's Muse has amassed more than 3.4 million downloads since its Sept. 8 launch, according to new Sensor Tower data obtained by Yahoo Finance, including 2.8 million in its first two weeks, versus 3.7 million for OpenAI's ChatGPT, 400,000 for SpaceXAI's Grok, and 300,000 for Anthropic's Claude over the same 14 days post-launch. Meta stock has surged 14% in the past five days, even as it trades on a forward price-to-earnings ratio of 22 times, below its long-term average of 23.1 times, with 2027 EPS estimates still well below levels seen 90 days ago. Citi analyst Ronald Josey said the firm emerges from Meta Connect incrementally positive on Meta shares, calling Muse the centerpiece of Meta's AI product strategy as voice, additional distribution points through Meta Glasses, and services across shopping, travel, and productivity verticals could unlock incremental monetization opportunities.
2
Meta Unveils 100-Gram VR Glasses at $1,299.99, Sets Spring 2027 Launch
Meta Platforms unveiled Meta VR Glasses, a roughly 100-gram virtual-reality device that will go on sale in spring 2027 for $1,299.99. The headset features a 5K Infinite Display with micro-OLED panels, Dolby Vision and Dolby Atmos, runs on Qualcomm's Snapdragon Reality Elite processor, and integrates Meta AI with eye, voice and hand-gesture controls; a two-part design houses compute, battery and storage in a separate tethered puck. Meta VR Glasses are the first IMAX Enhanced-certified VR device, offering 3D movies and more than 100 immersive live U.S. sports events annually, plus multi-screen workspaces and more than 75 games at launch. The launch comes as Meta's Reality Labs revenues rose 16% year over year to $431 million in the second quarter of 2026, growth that was partially offset by lower Quest headset sales, and as Apple expands Apple Vision Pro into accessibility applications such as eye-based control for power wheelchair drive systems and Alphabet pushes Android XR smart glasses built with Samsung, Gentle Monster and Warby Parker. Meta shares have rallied 17.8% year to date, trailing the broader Zacks Computer & Technology sector's 21.7% return, and carry a forward 12-month Price/Sales of 6.77X versus the Internet Software industry's 4.42X.
▲
Meta's AI Wearables Push Targets Trillions, JPMorgan Says
JPMorgan analyst Doug Anmuth sees Meta Platforms' eclectic new AI hardware lineup as part of a much larger AI platform that could address a market worth tens of trillions of dollars. Meta plans to offer more than 100 glasses across Ray-Ban, Oakley and Meta by year-end, targeting the more than 2 billion people who already wear glasses, and has shifted Reality Labs toward wearables designed around Muse and personal superintelligence. The lineup spans a hearing-enhancement feature in the U.S., the Muse Charm keychain device Zuckerberg called a "joyful little device" that is expected to ship in December, and Meta VR Glasses, described as a "private cinema" at roughly 100 grams and expected in spring 2027 for $1,299. Anmuth says Muse is already reaching millions of people and could eventually become a personal agent for billions, with JPMorgan expecting Meta to eventually monetize transactions between users, businesses and AI agents through fees or commissions. Direct Muse monetization remains limited today, and the bigger test for investors is whether Meta can turn the collection of products into a single AI ecosystem capable of expanding the company beyond advertising.