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NYSE:VMW

VMware Stock Forecast, Price & News

$142.08
+0.39 (+0.28 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$141.19
Now: $142.08
$143.31
50-Day Range
$15.00
MA: $124.81
$153.18
52-Week Range
$86.00
Now: $142.08
$163.17
Volume1.01 million shs
Average Volume1.38 million shs
Market Capitalization$59.69 billion
P/E Ratio33.51
Dividend YieldN/A
Beta0.67
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. It 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 and operate their network; and storage and availability products, including data storage and protection options. In addition, it offers VMware Cloud Foundation, a platform that combines its compute, storage, and networking technologies with cloud management into an integrated stack and delivers enterprise-ready cloud infrastructure for private and public clouds. Further, it provides hybrid cloud computing solutions, such as VMware Cloud Provider Program, VMware Cloud Foundation, and VMware Cloud Services; 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; pivotal cloud foundry, pivotal labs, and heptio, as well as pivotal application and pivotal container services; and VMware Carbon Black Cloud platform, AppDefense, and VMware Workspace ONE platform. The company sells its products through distributors, resellers, system vendors, and systems integrators. VMware, Inc. has strategic alliances with Amazon Web Services to build and deliver an integrated hybrid solution; and SNC-Lavalin to provide digital collaboration platform for project delivery. 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: 3.4Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.59 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustrySystems Software
CUSIP92856340
Phone650-427-5000
Employees29,450

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.81 billion
Cash Flow$6.33 per share
Book Value$16.78 per share

Profitability

Net Income$6.41 billion

Miscellaneous

Market Cap$59.69 billion
Next Earnings Date2/25/2021 (Estimated)
OptionableOptionable
$142.08
+0.39 (+0.28 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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VMware (NYSE:VMW) Frequently Asked Questions

How has VMware's stock price been impacted by COVID-19?

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 34.0% and is now trading at $142.08.
View which stocks have been most impacted by COVID-19
.

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 7 hold ratings and 20 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for VMware
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than VMware?

Wall Street analysts have given VMware a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but VMware wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is VMware's next earnings date?

VMware is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for VMware
.

How were VMware's earnings last quarter?

VMware, Inc. (NYSE:VMW) issued its quarterly earnings results on Monday, November, 23rd. The virtualization software provider reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.22. VMware had a return on equity of 27.92% and a net margin of 15.94%. During the same quarter in the prior year, the business posted $1.16 earnings per share.
View VMware's earnings history
.

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

VMware updated its FY 2021 After-Hours earnings guidance on Tuesday, November, 24th. The company provided EPS guidance of 7.03-7.03 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.66. The company issued revenue guidance of $11.7-11.7 billion, compared to the consensus revenue estimate of $11.62 billion.

What price target have analysts set for VMW?

27 equities research analysts have issued 12 month target prices for VMware's stock. Their forecasts range from $140.00 to $200.00. On average, they expect VMware's share price to reach $171.04 in the next twelve months. This suggests a possible upside of 20.4% from the stock's current price.
View analysts' price targets for VMware
.

Are investors shorting VMware?

VMware saw a increase in short interest during the month of October. As of October 30th, there was short interest totaling 8,810,000 shares, an increase of 22.2% from the October 15th total of 7,210,000 shares. Based on an average daily volume of 1,160,000 shares, the days-to-cover ratio is presently 7.6 days. Currently, 11.2% of the company's stock are short sold.
View VMware's Short Interest
.

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), Advanced Micro Devices (AMD), QUALCOMM (QCOM), The Walt Disney (DIS), Netflix (NFLX), PayPal (PYPL), Adobe (ADBE) and Micron Technology (MU).

Who are VMware's key executives?

VMware's management team includes the following people:
  • Mr. Patrick P. Gelsinger, CEO & Director (Age 59, Pay $2.54M)
  • Mr. Zane C. Rowe, CFO & Exec. VP (Age 49, Pay $1.68M)
  • Mr. Rangarajan Raghuram, Chief Operating Officer of Products & Cloud Services (Age 57, Pay $1.28M)
  • Mr. Sanjay J. Poonen, Chief Operating Officer of Customer Operations (Age 50, Pay $1.33M)
  • Dr. Rajiv Ramaswami, Chief Operating Officer of Products & Cloud Services (Age 54, Pay $1.32M)
  • Dr. Scott Devine, Co-Founder & Principal Engineer
  • Mr. Andrew James Munk, Principal Accounting Officer & VP of Corp. Controller (Age 55)
  • Mr. Greg Lavender, Sr. VP & CTO
  • Mr. Paul Ziots, VP of Investor Relations
  • Ms. Amy Fliegelman Olli, Sr. VP, Gen. Counsel & Sec. (Age 56)

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 Great West Life Assurance Co. Can (0.89%), UBS Asset Management Americas Inc. (0.77%), First Trust Advisors LP (0.50%), State Street Corp (0.47%), Bank Julius Baer & Co. Ltd Zurich (0.18%) and Nuveen Asset Management LLC (0.15%). Company insiders that own VMware stock include Amy Fliegelman Olli, Andrew M Cohen, Cynthia Gaylor, Edward Hieatt, Jean Pierre Brulard, Maurizio Carli, Michael W Brown, Onsi Fakhouri, P Kevan Krysler, Patrick P Gelsinger, Rajiv Ramaswami, Rangarajan (Raghu) Raghuram, Robert C Mee, Sanjay Poonen, Scott Yara, William Cook 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 AQR Capital Management LLC, Schonfeld Strategic Advisors LLC, Schonfeld Strategic Advisors LLC, Boston Partners, TD Asset Management Inc., Cubist Systematic Strategies LLC, Janney Montgomery Scott LLC, and NN Investment Partners Holdings N.V.. Company insiders that have sold VMware company stock in the last year include Amy Fliegelman Olli, Cynthia Gaylor, Jean Pierre Brulard, Maurizio Carli, Rajiv Ramaswami, Rangarajan (Raghu) Raghuram, Robert C Mee, Sanjay Poonen, Scott Yara, William Cook, 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 Great West Life Assurance Co. Can, First Trust Advisors LP, UBS Asset Management Americas Inc., Natixis, Bank Julius Baer & Co. Ltd Zurich, KBC Group NV, Nuveen Asset Management LLC, and Chilton Investment Co. LLC.
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 $142.08.

How big of a company is VMware?

VMware has a market capitalization of $59.69 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 29,450 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 11/30/2020 by MarketBeat.com Staff

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