NYSE:VMW

VMware - VMW Stock Forecast, Price & News

$122.28

+3.22 (+2.70%)

(As of 03/24/2023 12:00 AM ET)

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Today's Range: $119.34
▼
$122.29
50-Day Range: $110.09
▼
$126.37
52-Week Range: $91.53
▼
$132.15

Volume: 1.70 million shs
Average Volume: 1.57 million shs
Market Capitalization: $52.02 billion

P/E Ratio: 39.70
Dividend Yield: N/A
Price Target: $135.88

Institutional Ownership

VMware MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 11.1% Upside
$135.88 Price Target
Short Interest: Bearish
1.83% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.85
Upright™ Environmental Score
News Sentiment: 0.22
Based on 13 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 8.38%
From $4.89 to $5.30 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Computer And Technology Sector

381st out of 612 stocks

Prepackaged Software Industry

126th out of 213 stocks

2.0

Analyst's Opinion

Consensus Rating
VMware has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $135.88, VMware has a forecasted upside of 11.1% from its current price of $122.28.
Amount of Analyst Coverage
VMware has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.83% of the outstanding shares of VMware have been sold short.
Short Interest Ratio / Days to Cover
VMware has a short interest ratio ("days to cover") of 7.1.
Change versus previous month
Short interest in VMware has recently increased by 1.96%, indicating that investor sentiment is decreasing.

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.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
VMware has received a 29.82% net impact score from Upright. VMware seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Firewall software", "Virtual servers", and "Cloud management tools" products. See details.
Environmental Sustainability
The Environmental Impact score for VMware is -0.85.

2.3

News and Social Media Coverage

News Sentiment
VMware has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for VMware this week, compared to 8 articles on an average week.
Search Interest
13 people have searched for VMW on MarketBeat in the last 30 days. This is an increase of 160% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added VMware to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, VMware insiders have not sold or bought any company stock.
Percentage Held by Insiders
40.30% of the stock of VMware is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
45.85% of the stock of VMware is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for VMware are expected to grow by 8.38% in the coming year, from $4.89 to $5.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of VMware is 39.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.09.
Price to Earnings Ratio vs. Sector
The P/E ratio of VMware is 39.70, 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 275.82.
Price to Earnings Growth Ratio
VMware has a PEG Ratio of 2.71. PEG Ratios above 1 indicate that a company could be overvalued.

See Top Rated MarketRank™ Stocks Here

About VMware (NYSE:VMW) Stock

VMware, Inc. engages in the provision of cloud infrastructure and business mobility. Its products include Software-Defined Data Center, Hybrid Cloud Computing, and End-User Computing. It supports modernizing data centers, integrating public clouds, empowering digital workspaces and transforming security. The company was founded by Diane Greene, Mendel Rosenblum, Scott Devine, Edward Wang and Edouard Bugnion in 1998 and is headquartered in Palo Alto, CA.

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VMW Stock News Headlines

March 3, 2023 | marketbeat.com

VMware, Broadcom rise; Marvell, Bumble fall

February 28, 2023 | marketbeat.com

AI Cloud-Monitoring Revenue Sends Dynatrace Shares Higher (VMW)

Dynatrace is holding gains since its February 1 earnings report and managed to gain 0.54% the week ended February 24, defying the broad market pullback.

March 26, 2023 | Legacy Research (Affiliate) (Ad)

"Prepare for Five Years of Famine"

Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast

March 26, 2023 | finance.yahoo.com

3 Top Growth Stocks to Buy Now That Could Be Worth $1 Trillion by 2030

March 24, 2023 | finance.yahoo.com

VMware Recognized as a 2023 Gartner® Peer Insights™ Customers’ Choice for VMware SD-WAN

March 22, 2023 | finance.yahoo.com

UK regulator warns on Broadcom’s $69bn VMware deal

March 22, 2023 | finance.yahoo.com

UPDATE 1-UK considering in-depth probe into Broadcom-VMware merger

March 22, 2023 | finance.yahoo.com

UK considering in-depth probe into Broadcom-VMware merger

March 26, 2023 | Weiss Ratings (Ad)

Bank Accounts: Frozen!

In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!

March 20, 2023 | finance.yahoo.com

VMware Unlocks Limitless Possibilities for Partners to Capture the Multi-Cloud Opportunity

March 16, 2023 | americanbankingnews.com

VMware (NYSE:VMW) Earns Strong-Buy Rating from Analysts at StockNews.com

March 15, 2023 | finance.yahoo.com

VMware Joins the European Green Digital Coalition

March 14, 2023 | finance.yahoo.com

EU watchdog extends deadline on Broadcom-VMware decision to June 21

March 8, 2023 | finance.yahoo.com

Building Momentum Toward a More Sustainable and Equitable Future

March 7, 2023 | finance.yahoo.com

Q2 2023 Nutanix Inc Earnings Call

March 7, 2023 | finance.yahoo.com

VMware Unveils Anywhere Workspace Innovations to Advance Automation Capabilities and Accelerate IT Modernization

March 6, 2023 | finance.yahoo.com

Company News for Mar 6, 2023

March 3, 2023 | finance.yahoo.com

VMware (VMW) Q4 Earnings and Revenues Top Estimates

March 2, 2023 | finance.yahoo.com

VMware Reports Fourth Quarter and Fiscal Year 2023 Results

March 1, 2023 | finance.yahoo.com

Passion and Knowledge: How Women in Tech Are Breaking Down Gender Barriers

February 28, 2023 | businesswire.com

VMware Extends SD-WAN to Operational Tech (OT) with New Software Client Offering

February 28, 2023 | businesswire.com

Communications Service Providers Harness the Power of 5G with VMware

February 28, 2023 | businesswire.com

VMware Announces Innovations at Mobile World Congress 2023 that Enable Service Providers and Enterprises to Expand 5G Capabilities

February 28, 2023 | seekingalpha.com

Broadcom set to receive EU warning on planned VMware takeover - report

February 27, 2023 | finance.yahoo.com

Exclusive-Broadcom faces EU antitrust warning on $61 billion VMware deal - sources

February 23, 2023 | finance.yahoo.com

‘Nevada Group’ hackers target thousands of computer networks

February 21, 2023 | finance.yahoo.com

VMware Recognized for Accelerating Business Climate Action

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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VMW Company Calendar

Last Earnings: 11/23/2021
Today: 3/26/2023
Next Earnings (Estimated): 5/25/2023
Fiscal Year End: 1/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Prepackaged software
Sub-Industry: Systems Software
Sector: Computer and Technology
Current Symbol: NYSE:VMW
CUSIP: 92856340
CIK: 1124610
Web: www.vmware.com
Phone: (650) 427-5000
Fax: 650-427-5001
Employees: 37,500
Year Founded: 1998

Price Target and Rating

Average Stock Price Forecast: $135.88
High Stock Price Forecast: $147.00
Low Stock Price Forecast: $105.00
Forecasted Upside/Downside: +11.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.08
Trailing P/E Ratio: 39.70
Forward P/E Ratio: 25.01
P/E Growth: 1.42
Net Income: $1.31 billion
Net Margins: 9.84%
Pretax Margin: 13.58%
Return on Equity: 949.34%
Return on Assets: 6.08%

Debt

Debt-to-Equity Ratio: 12.02
Current Ratio: 0.70
Quick Ratio: 0.70

Sales & Book Value

Annual Sales: $13.35 billion
Price / Sales: 3.90
Cash Flow: $7.63 per share
Price / Cash Flow: 16.03
Book Value: ($2.09) per share
Price / Book: -58.51

Miscellaneous

Outstanding Shares: 425,430,000
Free Float: 253,980,000
Market Cap: $52.02 billion
Optionable: Optionable
Beta: 0.72

Social Links

Key Executives

Rangarajan Govind Raghuram
Chief Executive Officer & Director

Sumit Dhawan
President

Zane C. Rowe
Chief Financial Officer & Executive Vice President

Frank Denneman
Chief Technologist

Kit Colbert
Chief Technology Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VMW Stock - Frequently Asked Questions

Should I buy or sell VMware stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for VMware in the last year. There are currently 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" VMW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VMW, but not buy additional shares or sell existing shares.
View VMW analyst ratings or view top-rated stocks.
What is VMware's stock price forecast for 2023?: 7 equities research analysts have issued 12 month target prices for VMware's stock. Their VMW share price forecasts range from $105.00 to $147.00. On average, they predict the company's stock price to reach $135.88 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price.
View analysts price targets for VMW or view top-rated stocks among Wall Street analysts.
How have VMW shares performed in 2023?: VMware's stock was trading at $122.76 at the beginning of 2023. Since then, VMW stock has decreased by 0.4% and is now trading at $122.28.
View the best growth stocks for 2023 here.
When is VMware's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 25th 2023.
View our VMW earnings forecast.
How were VMware's earnings last quarter?: VMware, Inc. (NYSE:VMW) announced its quarterly earnings results on Tuesday, November, 23rd. The virtualization software provider reported $1.72 EPS for the quarter, topping analysts' consensus estimates of $1.54 by $0.18. The virtualization software provider earned $3.19 billion during the quarter, compared to analyst estimates of $3.12 billion. VMware had a trailing twelve-month return on equity of 949.34% and a net margin of 9.84%. The business's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.05 earnings per share.
What ETFs hold VMware's stock?: ETFs with the largest weight of VMware (NYSE:VMW) stock in their portfolio include Invesco Dynamic Networking ETF (PXQ), Direxion Daily Cloud Computing Bull 2X Shares (CLDL), iShares Cybersecurity and Tech ETF (IHAK), AltShares Merger Arbitrage ETF (ARB), Pacer Data and Digital Revolution ETF (TRFK), Direxion Work From Home ETF (WFH), ERShares Entrepreneurs ETF (ENTR) and Fidelity Cloud Computing ETF (FCLD).
What is Pat Gelsinger's approval rating as VMware's CEO?: 2,988 employees have rated VMware Chief Executive Officer Pat Gelsinger on Glassdoor.com. Pat Gelsinger has an approval rating of 94% among the company's employees. This puts Pat Gelsinger in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
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 (CRM), Alibaba Group (BABA), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Walt Disney (DIS), Netflix (NFLX), PayPal (PYPL), Adobe (ADBE) and Micron Technology (MU).

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 institutional and retail investors. Top institutional investors include Deutsche Bank AG (0.86%), Morgan Stanley (0.62%), Geode Capital Management LLC (0.49%), Arrowstreet Capital Limited Partnership (0.46%), Norges Bank (0.36%) and Nordea Investment Management AB (0.35%). Insiders that own company stock include Amy Fliegelman Olli, Jean Pierre Brulard, Patrick P Gelsinger, Patrick P Gelsinger, Rajiv Ramaswami, Rangarajan (Raghu) Raghuram, Sanjay Poonen, Sumit Dhawan and Zane Rowe.
View institutional ownership trends.
How do I buy shares of VMware?: Shares of VMW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is VMware's stock price today?: One share of VMW stock can currently be purchased for approximately $122.28.
How much money does VMware make?: VMware (NYSE:VMW) has a market capitalization of $52.02 billion and generates $13.35 billion in revenue each year. The virtualization software provider earns $1.31 billion in net income (profit) each year or $3.08 on an earnings per share basis.
How many employees does VMware have?: The company employs 37,500 workers across the globe.
Does VMware have any subsidiaries?: The following companies are subsidiares of VMware: 3401 Hillview LLC, A.W.S. Holding LLC, AetherPal, AetherPal LLC, AirWatch, AirWatch LLC, Akimbi Systems, Apteligent, Arkin, Avi Networks, Avi Networks Germany GmbH, Avi Networks India Private Limited, Avi Networks International Inc., Avi Networks LLC, B-hive Networks, BitRock LLC, Bitfusion.io, Bitnami, Blue Lane Technologies, Boxer, Bracket Computing, Carbon Black, Carbon Black LLC, CloudCoreo, CloudHealth Technologies, CloudHealth Technologies LLC, CloudVelox, CloudVolumes, Datrium, Datrium Holdings Inc., Datrium India Software Private Ltd., Datrium LLC, Desktone, Determina, Digital Fuel, Dunes Technologies, DynamicOps, E8 Security, Emic Networks, GoPivotal Singapore Pte. Limited, Heptio, Immidio, Integrien, Intrinsic, Lastline, Lastline LLC, Mesh7, Nicira Inc., Nicira Networks, Nyansa, Octarine, PLUMgrid, PT VMware Software Indonesia, PacketMotion Inc, Pivotal, Pivotal Labs Sydney Pty Ltd, Pivotal Software Australia Pty Limited, Pivotal Software Inc., Pivotal Technology (Beijing) Co. Ltd., SaltStack, Shavlik Technologies, SlideRocket, Socialcast, Spring, Taiwan VMware Information Technology LLC, Thinstall inc, TriCipher, Uhana, V M WARE EGYPT, VMWARE PHILIPPINES INC., VMware (Thailand) Co. Ltd., VMware AirWatch, VMware Alpha LLC, VMware Argentina S.R.L., VMware Australia Pty Ltd, VMware Belgium, VMware Bermuda Unlimited, VMware Bulgaria EOOD, VMware Canada ULC, VMware Chile SpA, VMware Colombia SAS, VMware Costa Rica Ltda., VMware Denmark ApS, VMware Eastern Europe, VMware France SAS, VMware Global Inc., VMware Hong Kong Limited, VMware Information Technology (China) Co. Ltd, VMware International Marketing Limited, VMware International Spain S.L., VMware International Unlimited Company, VMware Israel Ltd., VMware Italy S.r.l., VMware K.K., VMware Korea Co. Ltd., VMware Malaysia SDN. BHD., VMware Marketing Austria GmbH, VMware Mexico S. de R.L. de C.V., VMware Middle East FZ-LLC, VMware NZ Company, VMware Netherlands B.V., VMware Norway AS, VMware Pembroke Heights Designated Activity Company, VMware Poland sp. Z.o.o., VMware QFC LLC, VMware Rus LLC, VMware SASE, VMware Saudi Limited, VMware Singapore Pte. Ltd., VMware Software India Private Limited, VMware Software e Serviços Brasil Ltda., VMware South Africa (Pty) Ltd, VMware Spain S.L., VMware Sweden AB, VMware Switzerland GmbH, VMware Tanzu Observability, VMware Technology Holdings Limited, VMware Turkey Software Solutions and Services Company Limited, VMware UK Limited, VMware Vietnam Limited Liability Company, VeloCloud, VeloCloud Networks Private Limited, Velocloud Networks LLC, Veriflow, Virsto Software, Wanova, WaveMaker, and Wavefront.
Read More
How can I contact VMware?: VMware's mailing address is 3401 HILLVIEW AVENUE, PALO ALTO CA, 94304. The official website for the company is www.vmware.com. The virtualization software provider can be reached via phone at (650) 427-5000, via email at ir@vmware.com, or via fax at 650-427-5001.

This page (NYSE:VMW) was last updated on 3/26/2023 by MarketBeat.com Staff

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VMware - VMW Stock Forecast, Price & News

VMware MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About VMware (NYSE:VMW) Stock

VMW Stock News Headlines

VMW Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

VMW Stock - Frequently Asked Questions

Overall MarketRank^™