VMware, Inc. (VMW)
Market Cap | 61.52B |
Revenue (ttm) | 13.61B |
Net Income (ttm) | 1.43B |
Shares Out | 434.09M |
EPS (ttm) | 3.32 |
PE Ratio | 42.92 |
Forward PE | 16.05 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | n/a |
Open | n/a |
Previous Close | 149.91 |
Day's Range | 142.48 - 142.48 |
52-Week Range | 109.00 - 181.14 |
Beta | 0.83 |
Analysts | Hold |
Price Target | 158.50 (0.0%) |
Earnings Date | Dec 12, 2023 |
About VMW
VMware, Inc. provides software solutions in the areas of modern applications, cloud management and infrastructure, networking, security, and workspaces in the United States and internationally. It offers VMware multi-cloud solutions, including VMware vSphere, a data center infrastructure that provides the fundamental compute layer; and vSAN and VxRail, which offers holistic data storage and protection options to applications running on vSphere; as well as VMware Cloud Foundation, a cloud platform that combines its vSphere, vSAN, and NSX with VM... [Read more]
Financial Performance
In 2022, VMware's revenue was $13.35 billion, an increase of 3.88% compared to the previous year's $12.85 billion. Earnings were $1.31 billion, a decrease of -27.80%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for VMW stock is "Hold." The 12-month stock price forecast is $158.5, which is no change of 0.00% from the latest price.
News
Rancher Government Successfully Using Harvester as a Cutting-Edge Alternative to VMware and other Legacy Infrastructure
WASHINGTON--(BUSINESS WIRE)-- #cloud--Alternatives to VMware and Legacy Infrastructure with Rancher Government's security enhanced Harvester quickly gaining traction with Federal IT teams.
OVHcloud US Becomes New VMware Cloud Service Provider Pinnacle Tier Partner in the Broadcom Advantage Partner Program
RESTON, Va.--(BUSINESS WIRE)--OVHcloud® US announced that the company is now a VMware Cloud Service Provider (VCSP) Pinnacle tier partner in the Broadcom Advantage Partner Program for North America to...
Mirantis Investor and Former VMware Executive Joins Board of Directors
CAMPBELL, Calif.--(BUSINESS WIRE)-- #developers--Mike Hayes, managing director of Mirantis' investor Insight Partners, has been named to its board.
Broadcom questioned by EU over VMware licensing changes
U.S. chipmaker Broadcom is being asked by EU antitrust regulators about changes to newly acquired cloud computing company VMware's licensing conditions following complaints from a spate of EU business...
11:11 Systems Becomes New VMware Cloud Service Provider Pinnacle Tier Partner in the Broadcom Advantage Partner Program
FAIRFIELD, N.J.--(BUSINESS WIRE)-- #1111Systems--11:11 Systems (“11:11”), a managed infrastructure solutions provider, today announced the company is now a VMware Cloud Service Provider (VCSP) Pinnacl...
Converge Technology Solutions Awarded Broadcom's North America Fastest Growth Cybersecurity Partner of the Year and VMware by Broadcom's Americas Technical Enablement Partner of the Year
TORONTO and GATINEAU, QC, April 2, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) is pleased to announce it has been named Broadcom Software's 2023 No...
Colohouse Selected as Exclusive Premier Tier VMware Cloud Service Provider
MIAMI--(BUSINESS WIRE)-- #Cloud--Colohouse selected as exclusive Premier Tier VMware cloud service provider as a part of the Broadcom Advantage Partner Program.
Arrcus Supports VMware Telco Cloud Platform for Next-Generation Network Architecture from Edge to Datacenter
BARCELONA, Spain--(BUSINESS WIRE)--Arrcus, the hyperscale networking software company and a leader in core, edge, and multi-cloud routing and switching infrastructure announced today its successful co...
Apporto Launches a Hybrid Solution to Help Stranded VMware Horizon Customers
PALO ALTO, Calif.--(BUSINESS WIRE)--Apporto, a leader in virtual desktop technologies, delivering 2.5M desktops, and recently featured in Gartner's 2023 Magic Quadrant for Desktop-as-a-Service (DaaS),...
StorPool Improves Support for VMware Alternative Apache CloudStack
SOFIA, Bulgaria--(BUSINESS WIRE)--StorPool Storage today announced that it has extended the capabilities of its Apache CloudStack integration in light of skyrocketing demand from VMware customers. Apa...
What to Look for When Searching for a VMware Alternative
ANN ARBOR, Mich.--(BUSINESS WIRE)--Whether it's a potential customer feeling priced out of VMware's virtualization offerings or an existing customer concerned with the direction of the company after i...
Leostream Kicks Off V-Partner Continuity Program to Support ex-VMware Resellers with Remote Workspace Enablement Solutions
BOSTON--(BUSINESS WIRE)--Leostream™, the world's leading Remote Desktop Access Platform provider, today announced a new channel initiative to welcome, onboard, and support former VMware partners and f...
VergeIO Unveils VMware Essentials Upgrade Program
ANN ARBOR, Mich.--(BUSINESS WIRE)--VergeIO, the leading VMware alternative, announced the immediate availability of VergeOS Small Data Center (SDC) Edition. The VergeOS SDC edition is more than a comp...
Axinn Advises VMware in Securing Global Antitrust Clearance for $69 Billion Acquisition by Broadcom
NEW YORK--(BUSINESS WIRE)--Broadcom Inc., a global technology leader in semiconductor, data center hardware, and infrastructure software solutions, announced that it had closed its $69 billion acquisi...
Broadcom lays off many VMware employees after closing its $69 billion acquisition of the company
Many VMware employees learned Monday their positions would be eliminated. Broadcom announced it closed its $69 billion acquisition of VMware on November 22.
Broadcom Finally Closes Purchase of VMware After Chinese Regulators Approve
It's taken a year and a half, but Broadcom (AVGO) has finally acquired rival software firm VMware (VMW).
VMware Holders Will Get Windfall in Broadcom Tie-Up
The unprecedented wait for Chinese approval appears to be worth it.
Broadcom planning to complete deal for $69 billion acquisition of VMWare after regulators give OK
Computer chip and software maker Broadcom has announced it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday.
Cramer's Mad Dash: VMware
CNBC's Jim Cramer delivers his daily Mad Dash.
Broadcom-VMware Deal Gets China Approval. The Stocks Are Dropping.
The merger is expected to be completed on Wednesday.
Broadcom and VMware win final approval to close merger, but their stocks fall
Broadcom Inc. AVGO and VMware Inc. VMW expect to close their merger Wednesday after receiving all necessary regulatory approvals, the companies said Tuesday morning. The companies had been waiting on ...
Broadcom and VMware Intend to Close Transaction on November 22, 2023
SAN JOSE, Calif. & PALO ALTO, Calif.--(BUSINESS WIRE)--Broadcom Inc. (NASDAQ: AVGO) and VMware, Inc. (NYSE: VMW) today announced that they have received all required regulatory approvals and intend to...
VMware Investors in Limbo as Broadcom Merger Awaits Chinese Approval
The situation for VMware shareholders is complex and almost unprecedented.
VergeIO Announces Free VMware Conversion
ANN ARBOR, Mich.--(BUSINESS WIRE)--Today, VergeIO, a top-tier VMware alternative, unveils its risk-free VMware conversion services. Powered by IOmigrate, VergeIO ensures a frictionless transition of V...