S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
NYSE:VMW

VMware (VMW) Stock Forecast, Price & News

$155.26
-1.18 (-0.75%)
(As of 08/11/2023 08:49 PM ET)
Compare
Today's Range
$154.44
$156.45
50-Day Range
$132.27
$167.01
52-Week Range
$103.55
$170.00
Volume
578,100 shs
Average Volume
1.36 million shs
Market Capitalization
$66.82 billion
P/E Ratio
51.24
Dividend Yield
N/A
Price Target
$143.25

VMware MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
7.7% Downside
$143.25 Price Target
Short Interest
Healthy
0.97% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.85
Upright™ Environmental Score
News Sentiment
0.55mentions of VMware in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$509,436 Sold Last Quarter
Proj. Earnings Growth
13.90%
From $4.46 to $5.08 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.04 out of 5 stars

Computer And Technology Sector

404th out of 607 stocks

Prepackaged Software Industry

126th out of 207 stocks


VMW stock logo

About VMware (NYSE:VMW) Stock

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 in virtual machines and containers, as well as VMware Cloud Foundation, a cloud platform that combines its vSphere, vSAN, and NSX with vRealize Cloud Management into an integrated stack and delivers enterprise-ready cloud infrastructure for private and public clouds. The company also provides networking solutions, such as VMware NSX, NSX Distributed and Gateway Firewalls, NSX Network Detection and Response Engine, NSX Advanced Load Balancer, Tanzu Service Mesh, and VMware SASE; security solutions consisting of VMware Carbon Black Endpoint, Workload, and Container; and digital workspace solutions comprising Workspace ONE Unified Endpoint Management, Access, Intelligent Hub, and Horizon. In addition, it offers application modernization solutions, such as Tanzu Application and Operations Platform, Tanzu Application Service Platform, Tanzu Observability, Tanzu Community Edition, and Tanzu Labs; and cloud management solutions, including vRealize Cloud Management, vCloud Suite, and CloudHealth by VMware Suite. The company sells its products through distributors, resellers, system vendors, and systems integrators. VMware, Inc. has a strategic alliance with Amazon Web Services to build and deliver an integrated hybrid solution. The company was incorporated in 1998 and is headquartered in Palo Alto, California.

VMW Price History

VMW Stock News Headlines

Broadcom's $61 billion VMware purchase wins UK competition watchdog's approval
Computer chip and software maker Broadcom’s $61 billion plan to buy cloud technology company VMware has cleared another hurdle after Britain’s competition regulator gave the deal provisional clearance
Avid Technology (AVID) Meets Q2 Earnings Estimates
AI Creates New Cancer Drug - In Just 30 Days!
On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...
AI Creates New Cancer Drug - In Just 30 Days!
On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...
How VMware Customers Challenge Expectations
Why VMware Stock Is Rising Wednesday
Why Is VMware (VMW) Stock Up 6% Today?
CMA Provisionally Clears Broadcom-VMware Deal
See More Headlines
Receive VMW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for VMware and its competitors with MarketBeat's FREE daily newsletter.

VMW Company Calendar

Last Earnings
6/01/2023
Today
8/13/2023
Next Earnings (Estimated)
8/24/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Systems Software
CUSIP
92856340
Employees
38,300
Year Founded
1998

Price Target and Rating

Average Stock Price Forecast
$143.25
High Stock Price Forecast
$161.00
Low Stock Price Forecast
$134.00
Forecasted Upside/Downside
-7.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$1.31 billion
Pretax Margin
13.02%

Debt

Sales & Book Value

Annual Sales
$13.35 billion
Cash Flow
$7.02 per share
Book Value
$3.59 per share

Miscellaneous

Free Float
256,923,000
Market Cap
$66.82 billion
Optionable
Optionable
Beta
0.74

Social Links

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

  • Mr. Rangarajan Raghuram (Age 60)
    CEO & Director
    Comp: $2.8M
  • Mr. Sumit DhawanMr. Sumit Dhawan (Age 48)
    Pres
    Comp: $1.88M
  • Ms. Karen E. Dykstra (Age 64)
    Exec. VP, CFO & Director
    Comp: $160k
  • Ms. Amy Fliegelman OlliMs. Amy Fliegelman Olli (Age 59)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $1.25M
  • Mr. Jean-Pierre BrulardMr. Jean-Pierre Brulard (Age 64)
    Exec. VP of Worldwide Sales
    Comp: $1.58M
  • Dr. Scott Devine
    Co-Founder & Principal Engineer
  • Mr. Michael E. Hayes (Age 52)
    Sr. VP & COO
  • Ms. Pebbie Verdecanna (Age 51)
    VP of Revenue & Chief Accounting Officer
  • Mr. Kit Colbert
    Chief Technology Officer
  • Mr. Jason Conyard
    Sr. VP & Chief Information Officer













VMW Stock - Frequently Asked Questions

Should I buy or sell VMware stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for VMware in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" VMW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VMW, but not buy additional shares or sell existing shares.
View VMW analyst ratings
or view top-rated stocks.

What is VMware's stock price forecast for 2023?

3 brokerages have issued 1 year price targets for VMware's stock. Their VMW share price forecasts range from $134.00 to $161.00. On average, they predict the company's share price to reach $143.25 in the next twelve months. This suggests that the stock has a possible downside of 7.7%.
View analysts price targets for VMW
or view top-rated stocks among Wall Street analysts.

How have VMW shares performed in 2023?

VMware's stock was trading at $122.76 at the beginning of the year. Since then, VMW shares have increased by 26.5% and is now trading at $155.26.
View the best growth stocks for 2023 here
.

Are investors shorting VMware?

VMware saw a increase in short interest in June. As of June 30th, there was short interest totaling 4,330,000 shares, an increase of 50.9% from the June 15th total of 2,870,000 shares. Based on an average daily volume of 1,530,000 shares, the days-to-cover ratio is currently 2.8 days.
View VMware's Short Interest
.

When is VMware's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 24th 2023.
View our VMW earnings forecast
.

How were VMware's earnings last quarter?

VMware, Inc. (NYSE:VMW) released its quarterly earnings results on Thursday, June, 1st. The virtualization software provider reported $1.49 earnings per share for the quarter, missing analysts' consensus estimates of $1.55 by $0.06. The virtualization software provider had revenue of $3.28 billion for the quarter, compared to analyst estimates of $3.31 billion. VMware had a trailing twelve-month return on equity of 162.41% and a net margin of 9.57%. VMware's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.71 EPS.

What is Pat Gelsinger's approval rating as VMware's CEO?

2,988 employees have rated VMware Chief Executive Officer Pat Gelsinger on Glassdoor.com. Pat Gelsinger has an approval rating of 94% among the company's employees. This puts Pat Gelsinger in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of VMware own?

Based on aggregate information from My MarketBeat watchlists, some companies that other VMware investors own include NVIDIA (NVDA), Salesforce (CRM), Alibaba Group (BABA), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Walt Disney (DIS), Netflix (NFLX), PayPal (PYPL), Adobe (ADBE) and Micron Technology (MU).

What is VMware's stock symbol?

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

Who are VMware's major shareholders?

VMware's stock is owned by many different institutional and retail investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (87.04%), BlackRock Inc. (4.02%), Barclays PLC (1.25%), Geode Capital Management LLC (0.53%), Northern Trust Corp (0.37%) and Nordea Investment Management AB (0.32%). Insiders that own company stock include Amy Fliegelman Olli, Jean Pierre Brulard, Patrick P Gelsinger, Patrick P Gelsinger, Rajiv Ramaswami, Rangarajan (Raghu) Raghuram, Sanjay Poonen, Sumit Dhawan and Zane Rowe.
View institutional ownership trends
.

How do I buy shares of VMware?

Shares of VMW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is VMware's stock price today?

One share of VMW stock can currently be purchased for approximately $155.26.

How much money does VMware make?

VMware (NYSE:VMW) has a market capitalization of $66.82 billion and generates $13.35 billion in revenue each year. The virtualization software provider earns $1.31 billion in net income (profit) each year or $3.03 on an earnings per share basis.

How many employees does VMware have?

The company employs 38,300 workers across the globe.

Does VMware have any subsidiaries?
The following companies are subsidiares of VMware: 3401 Hillview LLC, A.W.S. Holding LLC, AetherPal, AetherPal LLC, AirWatch, AirWatch LLC, Akimbi Systems, Apteligent, Arkin, Avi Networks, Avi Networks Germany GmbH, Avi Networks India Private Limited, Avi Networks International Inc., Avi Networks LLC, B-hive Networks, BitRock LLC, Bitfusion.io, Bitnami, Blue Lane Technologies, Boxer, Bracket Computing, Carbon Black, Carbon Black LLC, CloudCoreo, CloudHealth Technologies, CloudHealth Technologies LLC, CloudVelox, CloudVolumes, Datrium, Datrium Holdings Inc., Datrium India Software Private Ltd., Datrium LLC, Desktone, Determina, Digital Fuel, Dunes Technologies, DynamicOps, E8 Security, Emic Networks, GoPivotal Singapore Pte. Limited, Heptio, Immidio, Integrien, Intrinsic, Lastline, Lastline LLC, Mesh7, Nicira Inc., Nicira Networks, Nyansa, Octarine, PLUMgrid, PT VMware Software Indonesia, PacketMotion Inc, Pivotal, Pivotal Labs Sydney Pty Ltd, Pivotal Software Australia Pty Limited, Pivotal Software Inc., Pivotal Technology (Beijing) Co. Ltd., SaltStack, Shavlik Technologies, SlideRocket, Socialcast, Spring, Taiwan VMware Information Technology LLC, Thinstall inc, TriCipher, Uhana, V M WARE EGYPT, VMWARE PHILIPPINES INC., VMware (Thailand) Co. Ltd., VMware AirWatch, VMware Alpha LLC, VMware Argentina S.R.L., VMware Australia Pty Ltd, VMware Belgium, VMware Bermuda Unlimited, VMware Bulgaria EOOD, VMware Canada ULC, VMware Chile SpA, VMware Colombia SAS, VMware Costa Rica Ltda., VMware Denmark ApS, VMware Eastern Europe, VMware France SAS, VMware Global Inc., VMware Hong Kong Limited, VMware Information Technology (China) Co. Ltd, VMware International Marketing Limited, VMware International Spain S.L., VMware International Unlimited Company, VMware Israel Ltd., VMware Italy S.r.l., VMware K.K., VMware Korea Co. Ltd., VMware Malaysia SDN. BHD., VMware Marketing Austria GmbH, VMware Mexico S. de R.L. de C.V., VMware Middle East FZ-LLC, VMware NZ Company, VMware Netherlands B.V., VMware Norway AS, VMware Pembroke Heights Designated Activity Company, VMware Poland sp. Z.o.o., VMware QFC LLC, VMware Rus LLC, VMware SASE, VMware Saudi Limited, VMware Singapore Pte. Ltd., VMware Software India Private Limited, VMware Software e Serviços Brasil Ltda., VMware South Africa (Pty) Ltd, VMware Spain S.L., VMware Sweden AB, VMware Switzerland GmbH, VMware Tanzu Observability, VMware Technology Holdings Limited, VMware Turkey Software Solutions and Services Company Limited, VMware UK Limited, VMware Vietnam Limited Liability Company, VeloCloud, VeloCloud Networks Private Limited, Velocloud Networks LLC, Veriflow, Virsto Software, Wanova, WaveMaker, and Wavefront.
Read More
How can I contact VMware?

VMware's mailing address is 3401 HILLVIEW AVENUE, PALO ALTO CA, 94304. The official website for the company is www.vmware.com. The virtualization software provider can be reached via phone at (650) 427-5000, via email at ir@vmware.com, or via fax at 650-427-5001.

This page (NYSE:VMW) was last updated on 8/14/2023 by MarketBeat.com Staff

My Account -