Do Analysts Expect VMware, Inc. (VMW) Stock to Rise After It Has Fallen -15.85% in a Month?

Monday, October 30, 2023 09:51 AM | InvestorsObserver Analysts

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InvestorsObserver is giving VMware, Inc. (VMW) an Analyst Rating Rank of 5, meaning VMW is ranked higher by analysts than 5% of stocks. The average price target for VMW is $165.9 and analyst’s rate the stock as a Hold.

Wall Street analysts are rating VMW a Hold today. Find out what this means to you and get the rest of the rankings on VMW!

See Full VMW Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With VMware, Inc. Stock Today?

VMware, Inc. (VMW) stock has fallen -1.55% while the S&P 500 is up 1.08% as of 9:40 AM on Monday, Oct 30. VMW has fallen -$2.20 from the previous closing price of $142.20 on volume of 24,638 shares. Over the past year the S&P 500 has risen 7.49% while VMW is up 24.41%. VMW earned $3.31 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 42.31. Click Here to get the full Stock Report for VMware, Inc. stock.