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NYSE:VMW - VMware Stock Price, Forecast & News

$118.20
+2.20 (+1.90 %)
(As of 04/3/2020 07:42 AM ET)
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Today's Range
$112.25
Now: $118.20▼
$119.00
50-Day Range
$93.01
MA: $127.37▼
$162.33
52-Week Range
$86.00
Now: $118.20▼
$206.80
Volume1.27 million shs
Average Volume2.00 million shs
Market Capitalization$48.45 billion
P/E Ratio7.73
Dividend YieldN/A
Beta0.79
VMware, Inc. provides software in the areas of hybrid cloud, multi-cloud, modern applications, networking and security, and digital workspaces in the United States and internationally. The company offers compute products, including VMware vSphere, a data center platform, which enables users to deploy hypervisor, a layer of software that resides between the operating system and system hardware to enable compute virtualization; and cloud management products for businesses with automated operation, programmable provisioning, and application monitoring solutions. It also provides networking and security products and services that enable customers to connect, secure, and operate their network consistently within and across the data center, cloud, and network edges; and storage and availability products, including data storage and protection options. In addition, the company offers VMware Cloud Foundation, a platform that brings together its compute, storage, and networking technologies into an integrated stack and delivers enterprise-ready cloud infrastructure for private and public clouds; and VMware Pulse IoT Center, an Internet of Things device management and monitoring solution. Further, it provides hybrid cloud computing solutions, such as VMware Cloud Provider Program, VMware Cloud Foundation, and VMware Cloud Services; and end-user computing solutions, such as Workspace ONE that delivers and manages any application on any device by integrating access control, application management, and multi-platform endpoint management. The company sells its products through distributors, resellers, system vendors, and systems integrators. VMware, Inc. has a strategic alliance with Amazon Web Services to build and deliver an integrated hybrid solution. The company was incorporated in 1998 and is headquartered in Palo Alto, California. VMware, Inc. is a subsidiary of Dell Technologies Inc.
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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustrySystems Software
SectorComputer and Technology
Current SymbolNYSE:VMW
Previous Symbol
CUSIP92856340
CIK1124610
Webhttp://www.vmware.com/
Phone650-427-5000

Debt

Debt-to-Equity Ratio0.53
Current Ratio0.65
Quick Ratio0.65

Price-To-Earnings

Trailing P/E Ratio7.73
Forward P/E Ratio30.31
P/E Growth1.82

Sales & Book Value

Annual Sales$10.81 billion
Price / Sales4.48
Cash Flow$6.94 per share
Price / Cash Flow17.04
Book Value$17.10 per share
Price / Book6.91

Profitability

EPS (Most Recent Fiscal Year)$4.51
Net Income$6.41 billion
Net Margins62.27%
Return on Equity40.10%
Return on Assets8.91%

Miscellaneous

Employees24,200
Outstanding Shares409,910,000
Market Cap$48.45 billion
Next Earnings Date6/4/2020 (Estimated)
OptionableOptionable

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VMware (NYSE:VMW) Frequently Asked Questions

How has VMware's stock been impacted by COVID-19 (Coronavirus)?

VMware's stock was trading at $106.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, VMW shares have increased by 11.5% and is now trading at $118.20. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of VMware?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VMware in the last year. There are currently 1 sell rating, 8 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for VMware.

When is VMware's next earnings date?

VMware is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for VMware.

How were VMware's earnings last quarter?

VMware, Inc. (NYSE:VMW) announced its earnings results on Thursday, February, 27th. The virtualization software provider reported $2.05 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.17 by $0.12. The virtualization software provider earned $3.07 billion during the quarter, compared to analysts' expectations of $2.95 billion. VMware had a net margin of 62.27% and a return on equity of 40.10%. The company's quarterly revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.98 EPS. View VMware's earnings history.

What price target have analysts set for VMW?

25 brokerages have issued 1-year price targets for VMware's shares. Their forecasts range from $115.00 to $200.00. On average, they anticipate VMware's stock price to reach $171.48 in the next year. This suggests a possible upside of 45.1% from the stock's current price. View analysts' price targets for VMware.

What are Wall Street analysts saying about VMware stock?

Here are some recent quotes from research analysts about VMware stock:
  • 1. According to Zacks Investment Research, "VMware reported impressive first-quarter fiscal 2020 results. Both earnings and revenues increased on a year-over-year basis. Strong top-line growth was primarily driven by robust performance from NSX, VeloCloud and vSAN product lines. VMware’s dominance in software-defined data center (SDDC) and the expanding customer base in cloud driven by partnerships with the likes of IBM and AWS are positives. Shares have outperformed the industry on a year-to-date basis. Nevertheless, growth in license bookings has been muted for the last few quarters, owing to customer delays and macro-economic weakness in some key regions. Moreover, VMware’s margins are expected to remain under pressure due to heavy spending. Intensifying competition is also a concern." (6/5/2019)
  • 2. Maxim Group analysts commented, "April quarter license billings impressively sustain mid-teen growth, despite compute license decelerating in-line with our preview. FY20 guidance maintained and likely embeds slowing incremental Dell synergies and a signal of macro caution as echoed by April Q reporting companies and our industry preview. Maintain Hold rating." (5/31/2019)

Has VMware been receiving favorable news coverage?

News articles about VMW stock have trended very negative this week, according to InfoTrie. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. VMware earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles about the virtualization software provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutVMware.

Are investors shorting VMware?

VMware saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 8,611,400 shares, an increase of 8.2% from the February 27th total of 7,960,000 shares. Based on an average daily trading volume, of 1,320,000 shares, the short-interest ratio is presently 6.5 days. Approximately 12.2% of the shares of the company are sold short. View VMware's Current Options Chain.

Who are some of VMware's key competitors?

What other stocks do shareholders of VMware own?

Based on aggregate information from My MarketBeat watchlists, some companies that other VMware investors own include NVIDIA (NVDA), Alibaba Group (BABA), salesforce.com (CRM), Micron Technology (MU), Netflix (NFLX), Paypal (PYPL), Adobe (ADBE), Walt Disney (DIS), Cisco Systems (CSCO) and QUALCOMM (QCOM).

Who are VMware's key executives?

VMware's management team includes the following people:
  • Mr. Patrick P. Gelsinger, CEO & Director (Age 58)
  • Mr. Zane C. Rowe, CFO & Exec. VP (Age 48)
  • Mr. Maurizio Carli, Exec. VP of Worldwide Sales & Services (Age 60)
  • Mr. Rangarajan Raghuram, Chief Operating Officer of Products & Cloud Services (Age 56)
  • Mr. Sanjay J. Poonen, Chief Operating Officer of Customer Operations (Age 49)

What is VMware's stock symbol?

VMware trades on the New York Stock Exchange (NYSE) under the ticker symbol "VMW."

How do I buy shares of VMware?

Shares of VMW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is VMware's stock price today?

One share of VMW stock can currently be purchased for approximately $118.20.

How big of a company is VMware?

VMware has a market capitalization of $48.45 billion and generates $10.81 billion in revenue each year. The virtualization software provider earns $6.41 billion in net income (profit) each year or $4.51 on an earnings per share basis. VMware employs 24,200 workers across the globe. View additional information about VMware.

What is VMware's official website?

The official website for VMware is http://www.vmware.com/.

How can I contact VMware?

VMware's mailing address is 3401 HILLVIEW AVENUE, PALO ALTO CA, 94304. The virtualization software provider can be reached via phone at 650-427-5000 or via email at [email protected]


MarketBeat Community Rating for VMware (NYSE VMW)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  1,410 (Vote Outperform)
Underperform Votes:  1,173 (Vote Underperform)
Total Votes:  2,583
MarketBeat's community ratings are surveys of what our community members think about VMware and other stocks. Vote "Outperform" if you believe VMW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VMW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/3/2020 by MarketBeat.com Staff

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