5 Best Augmented Reality Penny Stocks to Buy

2. The Glimpse Group Inc. (NASDAQ:GGRP)

Stock Upside: 303.51%

Stock Price: $0.65

Number of Hedge Fund Holders: 3

The Glimpse Group Inc. (NASDAQ:GGRP) is one of the best augmented reality penny stocks to buy. On May 14, The Glimpse Group, Inc. (NASDAQ:GGRP) reported its Q3 fiscal year 2026 results, where it posted just $657,000 in revenue for the March-ending quarter. The figure is a massive 54% collapse from the total income registered in the quarter ended March 31, 2025. Management attributed this collapse to the near-disappearance of software services revenue, which fell from $1.28 million to $443,000 year over year as the company lost commercial contracts during its strategic restructuring and wound down one of its subsidiaries, S5D.

The EPS came in at $0.60 loss per share, compared to a loss of $0.07 in Q3 FY2025. Analysts had expected the figure to be a loss of $0.01; so a $0.59 miss. However, management explained that this headline number is deeply misleading because $10.86 million of that net loss was a one-time, non-cash goodwill impairment charge. Put simply, the entire value previously assigned to legacy business units on the balance sheet was written off as the company pivoted away from them. If stripped out, then the adjusted EBITDA loss was $1.67 million, which is certainly larger than the $1.01 million adjusted loss a year ago but far less than the reported figure.

The company also announced that it is rebranding entirely around Brightline Interactive, its subsidiary that builds physical AI infrastructure software for the US Department of Defense and enterprise customers. In other words, the company is abandoning the diversified immersive technology model it was originally built on.

The Glimpse Group, Inc. (NASDAQ:GGRP) is an augmented reality and virtual reality-focused software and services holding company. It operates a portfolio of subsidiaries developing immersive XR solutions for enterprise, education, healthcare, and government clients. Its businesses build AR/VR applications such as training simulations, 3D visualization tools, interactive learning environments, and virtual collaboration platforms.