This summary was created by AI, based on 1 opinions in the last 12 months.
VMware Inc. has recently reported strong quarterly results, reflecting a positive momentum in its operations. The company has shown a significant improvement, with its stock price surging by 19% in the past month, indicating strong investor sentiment. However, with such a substantial increase in stock value, there is speculation that the stock may take a breather before making further gains. Experts also mention that VMware's performance is resonant with trends seen in other tech companies, such as Zoom, which similarly enjoyed a good quarter. Consequently, while the current outlook appears optimistic, some caution is advised regarding potential fluctuations in the short term.
Cloud and network solutions, and visualizations. Mostly owned by Dell, but will be spun off this year. Consistent earnings growth. Driven by reopening of data centres and inclusion in various indices. By in thirds here at $160-161, 145, and, if you're lucky, down at 130. No dividend. (Analysts’ price target is $172.43)
The leading maker of virtualization software which makes the cloud possible by allowing you to run several multiple virtual machines on a single physical server. VMW also has a strong cloud onboarding business. That said, VMW is still below pre-Covid levels. Investors are worried what parent-owner Dell will do with VMW. They reported an excellent quarter in late-August and recently unveiled a multi-cloud strategy, announced new partnerships with Nvidia and an acquisition.
Private clouds will take off. If they do then this is in an incredibly good position because they own it.
Virtualization which allows you to access your computer remotely. They reduce the number of servers that a company needs, which is very important. Has had a very good track record of surprising on the upside. A bit weak right now but most stocks in tech are weak. It’s the sector that is really the problem for tech right now. Great growth and strong management.
VMware Inc. is a American stock, trading under the symbol VMW-N on the New York Stock Exchange (VMW). It is usually referred to as NYSE:VMW or VMW-N
In the last year, 1 stock analyst published opinions about VMW-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for VMware Inc..
VMware Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for VMware Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered VMware Inc. In the last year. It is a trending stock that is worth watching.
On 2023-11-22, VMware Inc. (VMW-N) stock closed at a price of $142.48.
They delivered a good quarter. So did Zoom. Note that is has jumped 19% in the past month, so it could a little for a bit.