NYSE:VMW - VMware Stock Price, News, & Analysis

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$197.99 +1.29 (+0.66 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$196.70
Today's Range$197.58 - $200.15
52-Week Range$129.33 - $206.80
Volume653,712 shs
Average Volume919,652 shs
Market Capitalization$81.26 billion
P/E Ratio40.16
Dividend YieldN/A
Beta0.81
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

Industry Prepackaged software
Sub-IndustrySystems Software
SectorComputer and Technology
CUSIP92856340
Phone650-427-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.97 billion
Cash Flow$6.3621 per share
Book Value$1.34 per share

Profitability

Net Income$2.42 billion

Miscellaneous

Employees24,200
Market Cap$81.26 billion
Next Earnings Date5/30/2019 (Confirmed)
OptionableOptionable

VMware (NYSE:VMW) Frequently Asked Questions

What is VMware's stock symbol?

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

How often does VMware pay dividends? What is the dividend yield for VMware?

VMware announced a dividend on Tuesday, December 11th. Investors of record on Thursday, December 27th will be paid a dividend of $26.81 per share on Friday, December 28th. The ex-dividend date of this dividend is Monday, December 31st. View VMware's Dividend History.

How will VMware's stock buyback program work?

VMware announced that its Board of Directors has approved a stock repurchase plan on Wednesday, August 16th 2017, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 2.5% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

How were VMware's earnings last quarter?

VMware, Inc. (NYSE:VMW) released its quarterly earnings results on Thursday, February, 28th. The virtualization software provider reported $1.60 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.50 by $0.10. The virtualization software provider had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.50 billion. VMware had a return on equity of 25.50% and a net margin of 26.99%. During the same period in the previous year, the firm posted $1.68 earnings per share. View VMware's Earnings History.

When is VMware's next earnings date?

VMware is scheduled to release their next quarterly earnings announcement on Thursday, May 30th 2019. View Earnings Estimates for VMware.

How can I listen to VMware's earnings call?

VMware will be holding an earnings conference call on Thursday, May 30th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for VMW?

22 analysts have issued twelve-month price targets for VMware's stock. Their predictions range from $130.00 to $235.00. On average, they expect VMware's share price to reach $187.2727 in the next year. This suggests that the stock has a possible downside of 5.4%. View Analyst Price Targets for VMware.

What is the consensus analysts' recommendation for VMware?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VMware in the last year. There are currently 2 sell ratings, 6 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings 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 is benefiting from robust performance of NSX, VeloCloud and vSAN product lines. The company has been consistently taking initiatives to diversify its product portfolio to include most of the IT infrastructure. VMware’s dominance in software-defined data center (SDDC) along with expanding customer base in cloud driven by partnerships with the likes of IBM and AWS is positive. The company has significant growth opportunities from rapid deployment of 5G. Moreover, continuing enterprise deal wins will drive growth in the long haul. Shares have outperformed the industry on a year-to-date basis. Nevertheless, VMware’s margins are expected to remain under pressure due to heavy spending. Intensifying competition is also a concern." (5/16/2019)
  • 2. KeyCorp analysts commented, "Jul Q license revenue beats consensus by 17%, but highlight of the quarter is EAA signed with AMZN, in our view. Oct Q revenue guidance slightly above consensus and FY19 revenue guidance increased, though OM guidance maintained. On raised FY20 estimates, raising our DCF-based 12-month price target to $133, from $126; continue to view SPLK as a secular Buy." (8/24/2018)
  • 3. Maxim Group analysts commented, "Another strong seasonal performance drives above-guidance results. October quarter (F3Q19) license revenue guidance beats consensus by ~2% and FY19 guidance raised across the board. We raise our price target to $150, from $142, in accordance with raised guidance, but maintain our Hold rating as we see a period of beats and raises coming to a close, benefits from DELL channel tapering, and MSFT better positioned long-term." (8/24/2018)

Has VMware been receiving favorable news coverage?

Headlines about VMW stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. VMware earned a coverage optimism score of -2.9 on InfoTrie's scale. They also assigned news stories about the virtualization software provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future.

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 Alibaba Group (BABA), Twitter (TWTR), General Electric (GE), Mattel (MAT), Ultra Clean (UCTT), NVIDIA (NVDA), Walt Disney (DIS), Netflix (NFLX), Micron Technology (MU) and salesforce.com (CRM).

Who are VMware's key executives?

VMware's management team includes the folowing 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)

Who are VMware's major shareholders?

VMware's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (1.12%), BlackRock Inc. (1.01%), Wellington Management Group LLP (0.54%), Clearbridge Investments LLC (0.52%), Investec Asset Management LTD (0.52%) and Primecap Management Co. CA (0.31%). Company insiders that own VMware stock include Amy Fliegelman Olli, Egon Durban, Maurizio Carli, Michael W Brown, P Kevan Krysler, Patrick P Gelsinger, Rajiv Ramaswami, Rangarajan (Raghu) Raghuram, Sanjay Poonen and Zane Rowe. View Institutional Ownership Trends for VMware.

Which major investors are selling VMware stock?

VMW stock was sold by a variety of institutional investors in the last quarter, including Jericho Capital Asset Management L.P., Renaissance Technologies LLC, Voya Investment Management LLC, Morgan Stanley, Investec Asset Management LTD, BlackRock Inc., Ackerman Capital Advisors LLC and Hsbc Holdings PLC. Company insiders that have sold VMware company stock in the last year include Amy Fliegelman Olli, Maurizio Carli, Michael W Brown, P Kevan Krysler, Patrick P Gelsinger, Rajiv Ramaswami, Rangarajan (Raghu) Raghuram, Sanjay Poonen and Zane Rowe. View Insider Buying and Selling for VMware.

Which major investors are buying VMware stock?

VMW stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Natixis, Marshall Wace North America L.P., Geode Capital Management LLC, First Trust Advisors LP, AQR Capital Management LLC, Nordea Investment Management AB and Wells Fargo & Company MN. View Insider Buying and Selling for VMware.

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, Scottrade, Fidelity and Charles Schwab.

What is VMware's stock price today?

One share of VMW stock can currently be purchased for approximately $197.99.

How big of a company is VMware?

VMware has a market capitalization of $81.26 billion and generates $8.97 billion in revenue each year. The virtualization software provider earns $2.42 billion in net income (profit) each year or $4.93 on an earnings per share basis. VMware employs 24,200 workers across the globe.

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:  1,294 (Vote Outperform)
Underperform Votes:  1,070 (Vote Underperform)
Total Votes:  2,364
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 5/24/2019 by MarketBeat.com Staff

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