Shares of Vmware have moved -1.8% today, and are now trading at a price of $162.75. In contrast, the S&P 500 index saw a -1.0% change. Today's trading volume is 522,448 compared to the stock's average volume of 1,669,219.
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. Based in Palo Alto, United States the company has 38,300 full time employees and a market cap of $70,273,826,816.
The company is now trading -1.9% away from its average analyst target price of $165.9 per share. The 5 analysts following the stock have set target prices ranging from $142.5 to $182.0, and on average give Vmware a rating of hold.
Over the last 52 weeks, VMW stock has risen 47.0%, which amounts to a 30.0% difference compared to the S&P 500. The stock's 52 week high is $170.19 whereas its 52 week low is $103.55 per share. With its net margins declining an average -3.0% over the last 6 years, Vmware may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-03-24 | 12,851,000 | 1,820,000 | 14 | -76.27 |
| 2021-03-26 | 10,811,000 | 6,412,000 | 59 | 0.0 |
| 2020-03-26 | 10,811,000 | 6,412,000 | 59 | 247.06 |
| 2019-03-29 | 9,613,000 | 1,650,000 | 17 | 142.86 |
| 2018-03-29 | 7,922,000 | 570,000 | 7 | -58.82 |
| 2017-02-24 | 7,093,000 | 1,186,000 | 17 |
