VMware, Inc. (VMW)

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

Sector Technology
IPO Date Aug 14, 2007
Employees 38,300
Stock Exchange NYSE
Ticker Symbol VMW
Full Company Profile

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 Statements

Analyst 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.

Price Target
$158.5
(null upside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

14 days ago - Business Wire

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...

Other symbols: AVGO
15 days ago - Reuters

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...

Other symbols: AVGO
27 days ago - Business Wire

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...

Other symbols: AVGO
4 weeks ago - PRNewsWire

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.

5 weeks ago - Business Wire

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...

2 months ago - Business Wire

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),...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

Other symbols: AVGO
5 months ago - Business Wire

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.

Other symbols: AVGO
5 months ago - Business Insider

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).

Other symbols: AVGO
5 months ago - Investopedia

VMware Holders Will Get Windfall in Broadcom Tie-Up

The unprecedented wait for Chinese approval appears to be worth it.

Other symbols: AVGO
5 months ago - Barrons

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.

Other symbols: AVGO
5 months ago - TechXplore

Cramer's Mad Dash: VMware

CNBC's Jim Cramer delivers his daily Mad Dash.

5 months ago - CNBC Television

Broadcom-VMware Deal Gets China Approval. The Stocks Are Dropping.

The merger is expected to be completed on Wednesday.

Other symbols: AVGO
5 months ago - Barrons

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 ...

Other symbols: AVGO
5 months ago - Market Watch

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...

Other symbols: AVGO
5 months ago - Business Wire

VMware Investors in Limbo as Broadcom Merger Awaits Chinese Approval

The situation for VMware shareholders is complex and almost unprecedented.

Other symbols: AVGO
6 months ago - Barrons

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...

6 months ago - Business Wire

Broadcom's deal to buy VMware may be in jeopardy, but its soaring stock will be just fine

As Broadcom Inc. and VMware Inc. get closer to their new merger deadline of Nov. 26, some investors are nervous that the deal will not get done, with a $1.5 billion termination fee hanging over the ch...

Other symbols: AVGO
6 months ago - Market Watch

Orange Business and VMware Transform Flexible SD-WAN to Simplify Customer Experience With Digitalization and Automation

PARIS & BARCELONA, Spain--(BUSINESS WIRE)--Orange Business and VMware, Inc. (NYSE: VMW) are strengthening their partnership to deliver Flexible SD-WAN with VMware as the first fully embedded SD-WAN of...

6 months ago - Business Wire

VMware Accelerates Data-Driven Innovation with New Advanced Data Services Capabilities for VMware Cloud Foundation

BARCELONA, Spain--(BUSINESS WIRE)-- #crosscloud--VMware Explore 2023 — Today, VMware, Inc. (NYSE: VMW) announced the next generation of VMware Data Services Manager, designed to support today's data-d...

6 months ago - Business Wire