NYSE:VMWVMware Stock Price, Forecast & News

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. Since then, VMW shares have increased by 37.8% and is now trading at $146.09. View which stocks have been most impacted by Coronavirus.

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.

VMware is scheduled to release its next quarterly earnings announcement on Thursday, August 27th 2020. View our earnings forecast for VMware.

VMware, Inc. (NYSE:VMW) announced its quarterly earnings data on Thursday, May, 28th. The virtualization software provider reported $1.52 earnings per share for the quarter, beating the Zacks' 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 net margin of 58.44% and a return on equity of 30.45%. The firm's revenue was up 11.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.32 earnings per share. View VMware's earnings history.

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 estimate of $1.38. The company issued revenue guidance of approx $2.80 billion, compared to the consensus revenue estimate of $2.73 billion.

27 analysts have issued 1-year price objectives for VMware's shares. Their forecasts range from $115.00 to $200.00. On average, they expect VMware's stock price to reach $167.86 in the next year. This suggests a possible upside of 14.9% from the stock's current price. View analysts' price targets for VMware.

News headlines about VMW stock have trended very negative this week, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. VMware earned a news sentiment score of -3.8 on InfoTrie's scale. They also assigned media headlines about the virtualization software provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about VMware.

VMware saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 6,500,000 shares, a drop 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 sold short. View VMware's Current Options Chain.

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) and FalconStor Software (FALC). View all competitors.

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).

VMware trades on the New York Stock Exchange (NYSE) under the ticker symbol "VMW."

VMware's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.03%), Campbell Capital Management Inc. (0.01%), Forte Capital LLC ADV (0.01%), State of Alaska Department of Revenue (0.01%), DNB Asset Management AS (0.00%) and First National Bank of Mount Dora Trust Investment Services (0.00%). 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.

VMW stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, 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.

VMW stock was purchased 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., First National Bank of Mount Dora Trust Investment Services, Exane Derivatives, Curbstone Financial Management Corp, and Arden Trust Co. View insider buying and selling activity for 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.

One share of VMW stock can currently be purchased for approximately $146.09.

VMware has a market capitalization of $61.22 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.

The official website for VMware is www.vmware.com.

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]