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VMware's stock price is influenced by its financial performance, with a strong track record of revenue growth.
The company has consistently delivered high revenue growth, with a five-year CAGR of 18.1%. This growth has led to a significant increase in its market capitalization.
VMware's financial health is a key driver of its stock price, with a debt-to-equity ratio of 0.14, indicating a relatively low level of debt. This financial stability contributes to investor confidence.
Investors can stay up-to-date with VMware's latest stock quote and investment insights by monitoring its quarterly earnings reports and analyst estimates.
Latest News
VMware, Inc. has been making headlines in the tech industry with various partnerships and acquisitions.
VMware, Inc. dropped from several major indices, including the S&P Software & Services Select Industry Index, the S&P TMI Index, the S&P Global BMI Index, and the FTSE All-World Index, all on the same day in November 2023.
Broadcom has been actively involved in the tech industry, borrowing $28.39 billion to fund its acquisition of VMware, Inc. in November 2023.
VMware, Inc. was finally acquired by Broadcom for a whopping $69 billion in November 2023.
Here are some of the key partnerships and collaborations that VMware, Inc. has been involved in:
Investment Analysis
VMware has received a price target lift from UBS to $182 from $180, while maintaining a neutral rating. This suggests that while the company's stock may not be a top pick, it's still a solid investment opportunity.
Analysts at BMO Capital have also adjusted their price target on VMware to $160 from $140, with a market perform rating. This indicates a moderate level of confidence in the company's growth prospects.
Here are some recent analyst recommendations for VMware:
Analysts' Recommendations
Analysts' recommendations can be a valuable tool for investors looking to make informed decisions about their investments. UBS recently lifted VMware's price target to $182 from $180, while maintaining a neutral rating.
Experts have been weighing in on VMware, with some making adjustments to their price targets. BMO Capital, for example, adjusted VMware's price target to $160 from $140, maintaining a Market Perform rating.
It's worth noting that not all analysts are recommending a buy on VMware. Monness, Crespi, Hardt actually downgraded VMware to neutral from buy, suggesting that the stock may not be as strong as previously thought.
VMware's stock performance is also worth considering. According to Stockchase, the stock has a ranking of 4 out of 5, indicating that experts mostly recommend buying the stock.
Why Is Dropping?
Dropping stock prices can be a concern for investors. Earnings reports are a common reason for a stock price drop.
Recent company news can also cause a stock's value to decline. This can include announcements about layoffs, product recalls, or other negative developments.
Bad news about a company's financial performance can lead to a stock price drop. Earnings reports can reveal unexpected losses or decreased revenue.
A company's stock price can drop suddenly due to unexpected news. This can be a result of a surprise announcement or a sudden change in market conditions.
Investors should stay informed about a company's financial performance and recent news. This can help them make informed decisions about buying, selling, or holding a stock.
Price Volatility
When analyzing the price volatility of VMware Inc., it's essential to compare its movement to the industry and market averages.
VMware's average weekly movement is 4.8%, which is relatively lower compared to the software industry average of 8.5% and the market average of 6.5%.
The 10% most volatile stocks in the US market have an average weekly movement of 19.2%, while the 10% least volatile stocks have an average of 3.3%.
VMware's weekly volatility has been stable over the past year, with a movement of 5%.
Here's a comparison of VMware's average weekly movement to the industry and market averages:
This information can help you understand how VMware's stock price movement compares to its peers and the broader market, which is crucial for making informed investment decisions.
Frequently Asked Questions
What will happen to my VMware stock after Broadcom acquisition?
If you hold VMware stock, you'll receive a package of stock and cash worth approximately $197 per share after the Broadcom acquisition. You had the option to choose between Broadcom stock or cash, with 96% of VMware holders opting for the stock package.
What is the price target for VMW?
The average price target for VMware (VMW) is $169.00, representing an 18.61% increase from the current price. This estimate is based on 4 analyst forecasts.
How much was VMW takeover?
The VMware takeover was valued at $61 billion. This massive deal made Michael Dell eligible to collect over $26 billion.
Is VMware a buy sell or hold?
VMware has a consensus rating of Hold, based on analyst opinions. Most analysts recommend holding onto VMware, but you may want to read more about their price target and analyst predictions for a clearer picture.
Is VMware stock going away?
No, VMware stock will no longer be traded on the NYSE, but its common stock will be absorbed into its new parent company, AVGO. The acquisition by AVGO marks a significant change for VMware's stockholders and investors.
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