VMware, Inc. (VMW)
Nov 22, 2023 - VMware was acquired by Broadcom.
142.48
-7.43 (-4.96%)
Last trade price

VMware Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for VMware stock had an average target of 158.5, with a low estimate of 134 and a high estimate of 182.

Analyst Consensus: Hold
Target Low Average Median High
Price $134 $158.5 $160 $182
Change -5.95% +11.24% +12.30% +27.74%
* Price targets were last updated on Sep 1, 2023.

Analyst Ratings

The average analyst rating for VMware stock from 5 stock analysts was "Hold". This means that analysts believed this stock was likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '23Jul '23Aug '23Sep '23Oct '23Nov '23
Strong Buy 000000
Buy 000000
Hold 555555
Sell 000000
Strong Sell 000000
Total 555555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Maintains
$180$182
Hold Maintains $180$182 +27.74% Sep 1, 2023
BMO Capital
BMO Capital
Hold
Maintains
$140$160
Hold Maintains $140$160 +12.30% Sep 1, 2023
Monness, Crespi, Hardt
Monness, Crespi, Hardt
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Aug 28, 2023
UBS
UBS
Hold
Maintains
$161$180
Hold Maintains $161$180 +26.33% Aug 23, 2023
Mizuho
Mizuho
Hold
Maintains
$138$158
Hold Maintains $138$158 +10.89% Aug 16, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
14.02B
from 13.35B
Increased by 5.02%
Revenue Next Year
14.90B
from 14.02B
Increased by 6.27%
EPS This Year
7.17
from 3.09
Increased by 131.89%
EPS Next Year
8.19
from 7.17
Increased by 14.28%
Year 2018201920202021202220232024202520262027
Revenue
9.61B10.81B11.77B12.85B13.35B14.02B14.90B15.77B18.23B20.08B
Revenue Growth
15.32%12.46%8.84%9.21%3.88%5.02%6.27%5.86%15.59%10.14%
EPS
3.9215.084.864.313.097.178.198.387.649.16
EPS Growth
276.92%284.69%-67.77%-11.32%-28.31%131.89%14.28%2.33%-8.88%19.97%
No. Analysts -----1411422
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20232024202520262027
High 14.8B 16.0B 16.5B 19.7B 21.5B
Avg 14.0B 14.9B 15.8B 18.2B 20.1B
Low 13.4B 13.9B 15.1B 17.0B 18.9B

Revenue Growth

Revenue Growth 20232024202520262027
High
10.7%
13.9%
10.8%
25.2%
18.1%
Avg
5.0%
6.3%
5.9%
15.6%
10.1%
Low
0.0%
-0.7%
1.0%
7.5%
3.5%

EPS Forecast

EPS 20232024202520262027
High 7.77 9.48 10.24 7.94 9.52
Avg 7.17 8.19 8.38 7.64 9.16
Low 6.40 7.24 6.62 7.41 8.89

EPS Growth

EPS Growth 20232024202520262027
High
151.5%
32.3%
25.0%
-5.3%
24.7%
Avg
131.9%
14.3%
2.3%
-8.9%
20.0%
Low
107.1%
1.1%
-19.2%
-11.6%
16.4%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.