NYSE:VMWVMware Stock Price, Forecast & News

$130.46

+6.91 (+5.59 %)

(As of 04/8/2020 04:00 PM ET)

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Today's Range

$124.10

Now: $130.46▼

$131.50

50-Day Range

$93.01

MA: $122.49▼

$162.33

52-Week Range

$86.00

Now: $130.46▼

$206.80

Volume1.66 million shs

Average Volume1.57 million shs

Market Capitalization$54.53 billion

P/E Ratio8.53

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.

Beat the Market (BTM) Rank^™

4.3 Analyst's Opinion

Consensus Rating
VMware has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 16 buy ratings, 8 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $169.33, VMware has a potential upside of 29.8% from its current price of $130.46.
Amount of Analyst Coverage
VMware has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
VMware has received 1,411 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
VMware has received 1,173 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
VMware has received 54.61% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
VMware does not currently pay a dividend.
Dividend Growth
VMware does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, VMware insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,828,016.00 in company stock.
Percentage Held by Insiders
Only 28.80% of the stock of VMware is held by insiders.
Percentage Held by Institutions
Only 18.06% of the stock of VMware is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for VMware are expected to grow by 20.77% in the coming year, from $3.90 to $4.71 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of VMware is 8.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.25.
Price to Earnings Ratio vs. Sector
The P/E ratio of VMware is 8.53, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 33.73.
Price to Earnings Growth Ratio
VMware has a PEG Ratio of 1.84. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
VMware has a P/B Ratio of 7.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.90 out of 5 stars

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 Ratio8.53

Forward P/E Ratio33.45

P/E Growth1.84

Sales & Book Value

Annual Sales$10.81 billion

Price / Sales5.04

Cash Flow$7.45 per share

Price / Cash Flow17.51

Book Value$16.78 per share

Price / Book7.77

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

Employees31,000

Outstanding Shares418,008,000

Market Cap$54.53 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, VMW stock has increased by 23.1% and is now trading at $130.46. View which stocks have been most 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) issued its quarterly earnings data on Thursday, February, 27th. The virtualization software provider reported $2.05 earnings per share for the quarter, missing the Zacks' consensus estimate of $2.17 by $0.12. The virtualization software provider earned $3.07 billion during the quarter, compared to analyst estimates of $2.95 billion. VMware had a return on equity of 40.10% and a net margin of 62.27%. The firm's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.98 EPS. View VMware's earnings history.

What price target have analysts set for VMW?

25 brokers 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 share price to reach $169.33 in the next year. This suggests a possible upside of 29.8% 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?

Media coverage about VMW stock has trended very negative on Wednesday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media 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 news impact score of -3.3 on InfoTrie's scale. They also assigned news stories 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 impact on the stock'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 volume of 1,320,000 shares, the short-interest ratio is presently 6.5 days. Approximately 12.2% of the shares of the stock are sold short. View VMware's Current Options Chain.

Who are some of VMware's key competitors?

Some companies that are related to VMware include Microsoft (MSFT), Oracle (ORCL), ServiceNow (NOW), Fortinet (FTNT), Symantec (SYMC), Proofpoint (PFPT), Qualys (QLYS), CommVault Systems (CVLT), Progress Software (PRGS), TiVo (TIVO) and FalconStor Software (FALC).

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), Walt Disney (DIS), Paypal (PYPL), Adobe (ADBE), 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."

Who are VMware's major shareholders?

VMware's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Forte Capital LLC ADV (0.01%), State of Alaska Department of Revenue (0.00%), Bangor Savings Bank (0.00%), First National Bank of Mount Dora Trust Investment Services (0.00%), Cypress Capital Group (0.00%) and Private Trust Co. NA (0.00%). Company insiders that own VMware stock 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 institutional ownership trends for VMware.

Which institutional investors are selling VMware stock?

VMW stock was sold by a variety of institutional investors in the last quarter, including Forte Capital LLC ADV. Company insiders that have sold VMware company stock in the last year include Amy Fliegelman Olli, Maurizio Carli, P Kevan Krysler, Patrick P Gelsinger, Rajiv Ramaswami, Rangarajan (Raghu) Raghuram, Sanjay Poonen, and Zane Rowe. View insider buying and selling activity for VMware.

Which institutional investors are buying VMware stock?

VMW stock was bought by a variety of institutional investors in the last quarter, including First National Bank of Mount Dora Trust Investment Services, Private Trust Co. NA, IBM Retirement Fund, State of Alaska Department of Revenue, Bangor Savings Bank, Fulton Bank N.A., and Cypress Capital Group. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is VMware's stock price today?

One share of VMW stock can currently be purchased for approximately $130.46.

How big of a company is VMware?

VMware has a market capitalization of $54.53 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 31,000 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]

This page was last updated on 4/8/2020 by MarketBeat.com Staff

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Beat the Market (BTM) Rank™

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