12 Best Metaverse Stocks to Invest in

5. Adobe Inc. (NASDAQ:ADBE)

Number of Hedge Fund Holders: 117

Adobe Inc. (NASDAQ:ADBE) works in digital creativity, customer experience, and publishing through three main segments: Digital Media, Digital Experience, and Publishing and Advertising. The company’s Creative Cloud and Document Cloud platforms let creators and businesses design content for various formats. Adobe Aero, Adobe’s main AR platform, enables designers to build, collaborate, and publish interactive experiences in real environments. This puts Adobe Inc. (NASDAQ:ADBE) among the leaders in immersive content development, strengthening its position in AR digital experiences.

For the quarter ended February 28, 2025, Adobe Inc. (NASDAQ:ADBE) posted a record revenue of $5.71 billion, a 10% jump year-over-year. Its GAAP net income hit $1.81 billion, while its non-GAAP reached $2.22 billion. The company’s operating cash flow was $2.48 billion. The Digital Media segment brought in $4.23 billion with an ARR of $17.63 billion—up 12.6% from last year. Adobe finished the quarter with $19.69 billion in future obligations and bought back 7 million shares, also making it to our list of the best metaverse stocks.

Additionally, Business Professionals and Consumers’ subscriptions revenue grew 15% to $1.53 billion, while Creative and Marketing Professionals revenue increased 10% YoY to $3.92 billion. Meanwhile, the Digital Experience added another $1.41 billion, with subscription revenue up 11%. Adobe’s AI innovations ended the quarter with over $125 million in ARR, showing strong demand for the company’s generative toolset.

Adobe upheld its FY2025 revenue forecast of $23.55 billion, with non-GAAP earnings per share ranging from $20.20 to $20.50, and revenue projection hitting $5.82 billion. Even with economic challenges, Adobe Inc. (NASDAQ:ADBE) stays confident about its varied approach, ability to generate cash, and innovative AR and AI products.