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NYSE:VMWVMware Stock Price, Forecast & News

$138.25
-0.15 (-0.11 %)
(As of 07/15/2020 04:00 PM ET)
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Today's Range
$134.70
Now: $138.25
$138.28
50-Day Range
$134.60
MA: $146.95
$156.27
52-Week Range
$86.00
Now: $138.25
$183.50
Volume1.53 million shs
Average Volume1.53 million shs
Market Capitalization$57.93 billion
P/E Ratio9.21
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.70 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustrySystems Software
CUSIP92856340
Phone650-427-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.81 billion
Cash Flow$6.68 per share
Book Value$16.78 per share

Profitability

Net Income$6.41 billion

Miscellaneous

Employees31,000
Market Cap$57.93 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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, VMW stock has increased by 30.4% and is now trading at $138.25. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of VMware?

27 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 18 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 earnings results on Thursday, May, 28th. The virtualization software provider reported $1.52 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.20 by $0.32. The virtualization software provider earned $2.73 billion during the quarter, compared to analyst estimates of $2.62 billion. VMware had a return on equity of 30.45% and a net margin of 58.44%. The firm's revenue for the quarter was up 11.6% on a year-over-year basis. During the same quarter last year, the business posted $1.32 earnings per share. View VMware's earnings history.

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

VMware issued an update on its second quarter earnings guidance on Thursday, May, 28th. The company provided earnings per share guidance of approx $1.44 for the period, compared to the Thomson Reuters consensus EPS 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?

27 Wall Street analysts have issued 12-month 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 $167.86 in the next year. This suggests a possible upside of 21.4% from the stock's current price. View analysts' price targets for VMware.

Has VMware been receiving favorable news coverage?

News coverage about VMW stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news 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 news impact score of 1.0 on InfoTrie's scale. They also assigned news headlines about the virtualization software provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news about VMware.

Are investors shorting VMware?

VMware saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 6,500,000 shares, a decline of 12.5% from the June 15th total of 7,430,000 shares. Based on an average daily volume of 1,530,000 shares, the short-interest ratio is currently 4.2 days. Approximately 8.4% of the company's shares are short sold. 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), 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 a variety of retail and institutional investors. Top institutional investors include Gillespie Robinson & Grimm Inc. (0.05%), Envestnet Asset Management Inc. (0.03%), Campbell Capital Management Inc. (0.01%), Forte Capital LLC ADV (0.01%), Welch & Forbes LLC (0.01%) and State of Alaska Department of Revenue (0.01%). Company insiders that own VMware stock include Amy Fliegelman Olli, Jean Pierre Brulard, 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 IFM Investors Pty Ltd, DNB Asset Management AS, Exchange Traded Concepts LLC, Fulton Bank N. A., and TRUE Private Wealth Advisors. Company insiders that have sold VMware company stock in the last year include Amy Fliegelman Olli, Jean Pierre Brulard, 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 State of Alaska Department of Revenue, Forte Capital LLC ADV, Envestnet Asset Management Inc., Campbell Capital Management Inc., Welch & Forbes LLC, First National Bank of Mount Dora Trust Investment Services, Exane Derivatives, and Curbstone Financial Management Corp. 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 $138.25.

How big of a company is VMware?

VMware has a market capitalization of $57.93 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 7/15/2020 by MarketBeat.com Staff

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