VMware, Inc. (VMW)

NYSE: VMW · IEX Real-Time Price · USD
120.84
-0.84 (-0.69%)
At close: Dec 2, 2022 4:00 PM
120.10
-0.74 (-0.61%)
Pre-market: Dec 5, 2022 5:04 AM EST
-0.69%
Market Cap 51.67B
Revenue (ttm) 13.14B
Net Income (ttm) 1.57B
Shares Out 422.00M
EPS (ttm) 3.33
PE Ratio 36.29
Forward PE 15.22
Dividend n/a
Ex-Dividend Date n/a
Volume 613,341
Open 119.53
Previous Close 121.68
Day's Range 119.53 - 121.11
52-Week Range 91.53 - 136.85
Beta 0.80
Analysts Buy
Price Target 144.04 (+19.2%)
Earnings Date Nov 22, 2022

About VMW

VMware, Inc. provides software solutions in the areas of modern applications, cloud management and infrastructure, networking, security, and digital 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; vSAN and VxRail, which offers holistic data storage and protection options to applications running on vSphere; and vRealize Cloud Management solutions that manages hybrid and multi-cloud environments running ... [Read more]

Industry Software
IPO Date Aug 14, 2007
CEO Patrick Gelsinger
Employees 37,500
Stock Exchange NYSE
Ticker Symbol VMW
Full Company Profile

Financial Performance

In 2021, VMware's revenue was $12.85 billion, an increase of 9.21% compared to the previous year's $11.77 billion. Earnings were $1.82 billion, a decrease of -11.56%.

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for VMW stock is "Buy." The 12-month stock price forecast is 144.04, which is an increase of 19.20% from the latest price.

Price Target
$144.04
(19.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Top Wall Street analysts bet on these stocks to brace for a sharp downturn

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including CrowdStrike and Analog Devices.

Other symbols: ADIFANGMCHP
22 hours ago - CNBC

Roughly 25% of our customers use multi-cloud and data centers, says VMware CEO

Raghu Raghuram, VMware CEO, joins 'TechCheck' to discuss how he's seeing a customer demand shift, the tradeoffs and benefits of the multi-cloud model and more.

3 days ago - CNBC Television

Cybersecurity Stocks To Watch As Wall Street Eyes 2023 Corporate Budgets

Cybersecurity stocks have underperformed vs. the S&P 500.

3 days ago - Investors Business Daily

New VMware Research Suggests Businesses and Employees at Odds Over Workplace Innovation

PALO ALTO, Calif.--( BUSINESS WIRE )--Two thirds (66%) of all survey respondents believe their organization is more innovative if employees are in the office, according to research unveiled today by VMw...

5 days ago - Business Wire

VMware (VMW) Q3 Earnings Miss Estimates, Revenues Rise Y/Y

VMware's (VMW) third-quarter fiscal 2023 results reflect slow growth due to the suspension of business operations in Russia and negative Foreign currency transactions.

1 week ago - Zacks Investment Research

VMware (VMW) Misses Q3 Earnings and Revenue Estimates

VMware (VMW) delivered earnings and revenue surprises of -8.13% and 4.81%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

VMware Reports Fiscal Year 2023 Third Quarter Results

PALO ALTO, Calif.--( BUSINESS WIRE )--VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced financial results for the third quarter of fiscal year 2023:

1 week ago - Business Wire

Broadcom's proposed $61B VMware acquisition scrutinized by UK regulators

The U.K.'s Competition and Markets Authority (CMA) has initiated a so-called “phase 1” investigation into Broadcom's proposed $61 billion deal to buy virtualization software giant VMware.

Other symbols: AVGO
1 week ago - TechCrunch

Broadcom's $61 bln acquisition Of VMware on UK regulator radar

Britain's competition regulator said on Monday it was looking into whether Broadcom Inc's $61 billion acquisition of VMware Inc may substantially lessen competition.

Other symbols: AVGO
2 weeks ago - Reuters

Top Wall Street analysts like these stocks amid the macro uncertainty

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including VMware and GlobalFoundries

Other symbols: LSCCXRAY
2 weeks ago - CNBC

VMware Enables Customers to Shift from Cloud Chaos to Cloud Smart with Multi-Cloud Offerings

BARCELONA, Spain--(BUSINESS WIRE)--VMware Explore 2022 Europe —Today at VMware Explore 2022 Europe, VMware, Inc. (NYSE: VMW) announced innovations, new offerings, services and expanded partnerships that...

3 weeks ago - Business Wire

HPE and VMware Advance Partnership to Drive Digital Transformation with Integrated Hybrid Cloud Experience

BARCELONA, Spain--(BUSINESS WIRE)-- #HPEGreenLake--VMware Explore 2022 Europe—For more than two decades, Hewlett Packard Enterprise (NYSE: HPE) and VMware, Inc. (NYSE: VMW) have been at the leading-edge...

Other symbols: HPE
3 weeks ago - Business Wire

Equinix and VMware to Expand Global Cloud Services Offerings

BARCELONA, Spain--(BUSINESS WIRE)--VMware Explore 2022 Europe—Today at VMware Explore 2022 Europe, Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company, and VMware, Inc. (NYSE: VMW) ...

Other symbols: EQIX
3 weeks ago - Business Wire

VMware and Equinix partner to bring data to the edge for metro or branch processing

Equinix and VMware announced their new distributed cloud service to make it easier for customers to build, run and manage applications.

Other symbols: EQIX
3 weeks ago - VentureBeat

VMware Accelerates Innovation and Digital Transformation in Sovereign Clouds with New Sovereign-Ready Solutions

BARCELONA, Spain--(BUSINESS WIRE)--VMware Explore 2022 Europe—VMware, Inc. (NYSE: VMW) today announced the number of VMware Sovereign Cloud providers has more than doubled to 25 partners globally.

3 weeks ago - Business Wire

VMware Extends SD-WAN Leadership with Innovations Enabling Enterprises to Connect and Secure the Distributed, Multi-C...

BARCELONA--(BUSINESS WIRE)--VMware Explore 2022 Europe—In order to stay competitive, enterprises are transforming their applications, adopting multi-cloud and SaaS, and enabling users to access these ap...

3 weeks ago - Business Wire

VMware Unveils VMware Carbon Black XDR to Help Enterprises Strengthen Lateral Security

BARCELONA, Spain--(BUSINESS WIRE)--VMware Explore 2022 Europe —VMware, Inc. (NYSE: VMW) today unveiled VMware Carbon Black XDR, which extends VMware's network visibility and detection to VMware Carbon B...

3 weeks ago - Business Wire

VMware Helps Platform Teams Get Cloud Smart with New Cloud Native App Modernization and Cloud Management Capabilities

BARCELONA, Spain--(BUSINESS WIRE)--VMware Explore 2022 Europe—Adopting a multi-cloud strategy is essential to the success of modern enterprises, fueling growth and innovation by increasing flexibility w...

3 weeks ago - Business Wire

VMware Unveils New Anywhere Workspace Updates Designed to Lower IT Burden, Improve Employee Experience

BARCELONA, Spain--(BUSINESS WIRE)--VMware Explore 2022 Europe — IT teams are dealing with a new set of challenges in today's hybrid work environment.

3 weeks ago - Business Wire

Options Announces VMware Cloud Verified Status in TR2

NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--Options announced the achievement of VMware Cloud Verified status in TR2 Toronto.

1 month ago - Business Wire

Broadcom banking on early EU approval of $61 bln VMware deal -sources

U.S. chipmaker Broadcom will seek early European Union antitrust approval of its proposed $61 billion buy of cloud computing company VMware by pointing to competition from Amazon , Microsoft and Google ...

Other symbols: AVGO
1 month ago - Reuters

Forget Negativity; 3 Inspiring Acquisitions in 2022

It's easy to get caught up in all the negative news headlines we've received in 2022. However, when taking a step back, several notable announcements seem to have been forgotten amidst all the gloom and...

Other symbols: ATVIAVGOGOOGGOOGLMSFT
1 month ago - Zacks Investment Research

Calculating the Odds on Broadcom's VMWare Takeover

Merger arbitrage is an interesting investing strategy. Basically, it involves looking at the merger and takeover activity in the stock market and assessing the chances of a specific merger or takeover b...

Other symbols: AVGO
1 month ago - GuruFocus

5 Cloud Security Stocks That Could Enhance Returns in 2022

Here we present five cloud security stocks, FTNT, VMW, IBM, INFY and PANW, which are poised to gain from the heightening need for secure networks and cloud-based applications.

Other symbols: FTNTIBMINFYPANW
1 month ago - Zacks Investment Research

VMWARE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Pr...

NEW ORLEANS , Oct. 5, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

Other symbols: AVGO
1 month ago - PRNewsWire