Vmware found using ticker (VMW) have now 29 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 180 and 116 and has a mean target at 150.01. Given that the stocks previous close was at 123.4 this now indicates there is a potential upside of 21.6%. The 50 day MA is 119.32 and the 200 day moving average is 146.33. The company has a market capitalisation of $52,533m. You can visit the company’s website by visiting: https://www.vmware.com
The potential market cap would be $63,862m based on the market concensus.
VMware provides software in the areas of hybrid and multi-cloud, modern applications, 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 and utilizes its hypervisor software, a layer of software that resides between the operating system and system hardware to enable compute virtualization; vSAN and VxRail, which offers holistic data storage and protection options to all 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 hybrid 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, VMware Service-defined Firewall, VMware SD-WAN, VMware SASE, VMware vRealize Network Insight, and VMware NSX Advanced Load Balancer; digital workspace solutions that comprise Workspace ONE Unified Endpoint Management, Access, and Horizon; and application modernization solutions, such as Tanzu Basic, standard, and advanced edition, Tanzu Application Service, and Tanzu Labs. In addition, it offers intrinsic security solutions consisting of VMware Carbon Black Cloud Endpoint and Workload. The company sells its products through distributors, resellers, system vendors, and systems integrators. VMware has strategic alliances 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. As of November 1, 2021, VMware operates independently.
