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
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...
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...
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...
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...
VMware Collaborates with Intel to Unlock Private AI Everywhere
BARCELONA, Spain--(BUSINESS WIRE)-- #crosscloud--VMware Explore 2023 — VMware, Inc. (NYSE: VMW) today announced a collaboration with Intel to extend the companies' more than two decades of innovation ...
VMware and Google Cloud announce planned PostgreSQL-compatible Database Solution for traditional and generative AI applications on VMware Cloud Foundation
BARCELONA, Spain--(BUSINESS WIRE)-- #crosscloud--VMware Explore 2023 – Today, VMware, Inc. (NYSE: VMW) and Google Cloud (NASDAQ: GOOG) announced an expanded partnership to deliver Google Cloud's Alloy...
VMware Unveils New Developer, Data, and Security Services for Sovereign Clouds
BARCELONA, Spain--(BUSINESS WIRE)-- #crosscloud--VMware Explore 2023 — VMware, Inc. (NYSE: VMW) today announced new innovations and technology partnerships that will help accelerate sovereign digital ...
VMware Extends Tanzu Platform Capabilities to Build Apps for the Generative AI Economy
BARCELONA, Spain--(BUSINESS WIRE)-- #crosscloud--VMware Explore 2023—VMware, Inc. (NYSE: VMW) today announced new updates to Spring, the leading Java development framework, plus enhancements across VM...
VMware Unveils Innovations and Expanded Partnerships to Accelerate Software-Defined Edge Adoption
BARCELONA, Spain--(BUSINESS WIRE)-- #crosscloud--VMware Explore 2023—VMware, Inc. (NYSE: VMW) today announced new solutions and expanded partnerships to help customers accelerate their digital transfo...
VMware Advances IT Modernization with Enhanced Automation Capabilities and New Security Integrations
BARCELONA, Spain--(BUSINESS WIRE)-- #crosscloud--VMware Explore 2023 — Streamlining IT processes is not just a cost-saving strategy – it's a necessity for organizations to remain competitive, secure, ...
With deadline looming, Broadcom tries to push $61B VMware deal over finish line
Broadcom announced its intention to buy VMware for $61 billion in May 2022. After clearing a number of regulatory hurdles including the U.S., UK and European Union, it announced In August that the dea...
Broadcom, VMware says deal closing 'soon,' awaits China's OK
Broadcom (AVGO) plans to acquire VMware (VMW) in a $61 billion agreement that the companies hope to finalize soon. However, the deal faces potential delays in getting approval from Chinese regulators.
Broadcom, VMware Stocks Gain Despite Apparent Delay to Merger Closing
The groups said in a statement that their merger, expected to close Monday, will complete "soon."
Broadcom and VMware - Provide Update on Pending Transaction
SAN JOSE, Calif. & PALO ALTO, Calif.--(BUSINESS WIRE)--Broadcom Inc. (NASDAQ: AVGO) and VMware, Inc. (NYSE: VMW) today announced their expectation that Broadcom's acquisition of VMware (the “Transacti...