VMware Reports Fourth Quarter and Full Year 2016 Results

VMware (VMW) PT Raised to $100 at MKM Partners Following 4Q

MKM Partners raised its price target on VMware (NYSE: VMW) to $100.00 (from $84.00) while maintaining a Buy rating.

Analyst Kevin Buttigieg commented, "VMW posted solid 4Q16 results, beating key metrics across the board including 14% growth in license billings which was the best since 2014.... More

VMware (VMW) PT Raised to $105 at Drexel Hamilton Following 4Q Beat

Drexel Hamilton raised its price target on VMware (NYSE: VMW) to $105.00 (from $90.00) while maintaining a Buy rating. VMware reported 4Q sales of $2.032 billion that beat the Street at $1.991 billion, while pro forma EPS of $1.43 beat the Street at $1.40.

Analyst Brian White commented,... More

VMware (VMW) PT Raised to $94 at Oppenheimer; 'Solid All Around'

Oppenheimer raised its price target on VMware (NYSE: VMW) to $94.00 (from $90.00) while maintaining a Outperform rating.

Analyst Ittai Kidron commented, "VMware reported better than expected 4Q16 results finishing off a solid year of consistent billings growth and delivered strong initial guidance for FY2018. The... More

VMware (VMW) PT Raised to $90 at Baird Following 4Q Report

Baird raised its price target on VMware (NYSE: VMW) to $90.00 (from $80.00) while maintaining a Neutral rating following the company's 4Q earnings report. VMware reported revenue/non-GAAP EPS of $2.03 billion/$1.43 compared to consensus of $1.99 billion/$1.39. Management set expectations for FQ1 revenue/EPS at $1.675-$1.725 billion/$0.93-$0.96... More

VMware (VMW) PT Raised to $105 at Jefferies; 'Best Quarter in Years'

Jefferies raised its price target on VMware (NYSE: VMW) to $105.00 (from $91.00) while maintaining a Buy rating.

Analyst John DiFucci commented, "Midway through an earnings season when many infrastructure software companies either reported soft results, guidance, or both, VMW reported one of... More

VMware (VMW) Tops Q4 EPS by 3c

VMware (NYSE: VMW) reported Q4 EPS of $1.43, $0.03 better than the analyst estimate of $1.40. Revenue for the quarter came in at $2.03 billion versus the consensus estimate of $1.99 billion.

For earnings history and earnings-related data on VMware (VMW) click here.