NYSE:VMWVMware Stock Price, Forecast & News

$156.27

+13.83 (+9.71 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$151.18

Now: $156.27▼

$157.00

50-Day Range

$124.97

MA: $133.42▼

$142.44

52-Week Range

$86.00

Now: $156.27▼

$193.76

Volume5.15 million shs

Average Volume1.15 million shs

Market Capitalization$65.32 billion

P/E Ratio10.41

Dividend YieldN/A

Beta0.76

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^™

2.3 Analyst's Opinion

Consensus Rating
VMware has received a consensus rating of Buy. The company's average rating score is 2.58, and is based on 16 buy ratings, 9 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $166.23, VMware has a potential upside of 6.4% from its current price of $156.27.
Amount of Analyst Coverage
VMware has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
VMware has received 1,420 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
VMware has received 1,182 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
VMware has received 54.57% “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 $22,575,871.00 in company stock.
Percentage Held by Insiders
Only 28.80% of the stock of VMware is held by insiders.
Percentage Held by Institutions
Only 17.10% of the stock of VMware is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for VMware are expected to grow by 23.77% in the coming year, from $3.66 to $4.53 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of VMware is 10.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of VMware is 10.41, 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 38.29.
Price to Earnings Growth Ratio
VMware has a PEG Ratio of 2.38. 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 9.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.50 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

Webwww.vmware.com

Phone650-427-5000

Debt

Debt-to-Equity Ratio0.53

Current Ratio0.65

Quick Ratio0.65

Price-To-Earnings

Trailing P/E Ratio10.41

Forward P/E Ratio42.70

P/E Growth2.38

Sales & Book Value

Annual Sales$10.81 billion

Price / Sales6.04

Cash Flow$7.33 per share

Price / Cash Flow21.32

Book Value$16.78 per share

Price / Book9.31

Profitability

EPS (Most Recent Fiscal Year)$4.51

Net Income$6.41 billion

Net Margins58.44%

Return on Equity32.25%

Return on Assets8.46%

Miscellaneous

Employees31,000

Outstanding Shares418,010,000

Market Cap$65.32 billion

Next Earnings Date8/27/2020 (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 stock has increased by 47.4% and is now trading at $156.27. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of VMware?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VMware in the last year. There are currently 1 sell rating, 9 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, August 27th 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, May, 28th. The virtualization software provider reported $1.52 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.20 by $0.32. The virtualization software provider had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.62 billion. VMware had a net margin of 58.44% and a return on equity of 32.25%. The business's revenue for the quarter was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.32 earnings per share. View VMware's earnings history.

What guidance has VMware issued on next quarter's earnings?

VMware updated its second quarter earnings guidance on Thursday, May, 28th. The company provided EPS guidance of approx $1.44 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.38. The company issued revenue guidance of approx $2.80 billion, compared to the consensus revenue estimate of $2.73 billion.

What price target have analysts set for VMW?

26 analysts have issued 12-month target prices for VMware's shares. Their forecasts range from $115.00 to $200.00. On average, they anticipate VMware's stock price to reach $166.23 in the next year. This suggests a possible upside of 6.4% 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 is benefiting from robust demand for NSX, VeloCloud and vSAN product lines. The company’s widening cloud customer base is driven by partnerships with the likes of AWS, IBM, Microsoft, Google, Oracle and Alibaba. Acquisitions like Carbon Black and Pivotal along with a growing Tanzu portfolio are expected to boost the recurring hybrid cloud subscription and SaaS revenues in the long haul. However, shares have underperformed the industry on a year-to-date basis. Apart from an unfavorable revenue mix, which is expected to hurt license revenues, margins are anticipated to remain under pressure due to heavy spending on hybrid cloud and SaaS portfolio. The company scrapped its first-quarter and fiscal 2021 guidance due to the disruptions caused by the COVID-19 outbreak." (5/11/2020)
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 headlines about VMW stock have trended very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. VMware earned a daily sentiment score of -3.5 on InfoTrie's scale. They also gave news stories about the virtualization software provider a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutVMware.

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). View all 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), salesforce.com (CRM), Alibaba Group (BABA), Micron Technology (MU), Walt Disney (DIS), Paypal (PYPL), Netflix (NFLX), Adobe (ADBE), QUALCOMM (QCOM) and Cisco Systems (CSCO).

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 many different retail and institutional investors. Top institutional investors include Clearbridge Investments LLC (0.86%), Capital World Investors (0.68%), Swedbank (0.57%), State Street Corp (0.47%), WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST (0.42%) and Deutsche Bank AG (0.40%). 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 major investors are selling VMware stock?

VMW stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., Capital World Investors, AQR Capital Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, Franklin Resources Inc., Strs Ohio, and Two Sigma Advisers LP. 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 major investors are buying VMware stock?

VMW stock was bought by a variety of institutional investors in the last quarter, including WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST, Swedbank, Alliancebernstein L.P., APG Asset Management N.V., Alyeska Investment Group L.P., Clearbridge Investments LLC, First Trust Advisors LP, and Zurcher Kantonalbank Zurich Cantonalbank. 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 $156.27.

How big of a company is VMware?

VMware has a market capitalization of $65.32 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.

What is VMware's official website?

The official website for VMware is 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 5/30/2020 by MarketBeat.com Staff