Metaplatforms (NASDAQ: META) is scheduled to present part of his vision for the metaverse at his Connect conference, Monness investment firm Crespi, Hardt said Monday.

Analyst Brian White, who has a buy rating and a $230 price target in Metaplatforms (GOAL), said he expects updates on the state of the metaverse, as well as new innovations to be announced at the company’s keynote address, along with the company’s new virtual reality headset, codenamed Project Cambria.

White added that the new headset, which could be officially called the Quest Pro, is likely to have new sensors to enable high-definition color to increase realism, along with advanced reconstruction algorithms to render the physical world.

The analyst also noted that Meta (META) is the “clear leader” in…