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VMware to Present at the Jefferies Cybersecurity Summit
VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced that Sanjay Poonen, VMware’s chief operating officer, customer operations, and Patrick Morley, VMware’s general manager, security, will present at the Jefferies cybersecurity summit on Thursday, December 10, 2020 at 7:00 a.m. PT/ 10:00 a.m. ET.
Business Wire · 22h ago
Autodesk Is Firing On All Cylinders, But Its Mastermind Is Joining Cisco
Last week, we saw Dell Technologies Inc (NYSE: DELL), VMware, Inc.'s (NYSE: VMW), and Best Buy Co Inc's (NYSE: BBY) top estimates
Benzinga · 2d ago
Look for Shares of Vmware Inc-Cl A to Potentially Rebound after Yesterday's 1.36% Sell Off
Vmware Inc-Cl A (NYSE:VMW) traded in a range yesterday that spanned from a low of $139.31 to a high of $143.23. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $139.67 on volume of 589,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Comtex SmarTrend(R) · 3d ago
Watch for Vmware Inc-Cl A to Potentially Rebound After Falling 1.36% Yesterday
Vmware Inc-Cl A (NYSE:VMW) traded in a range yesterday that spanned from a low of $139.31 to a high of $143.23. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $139.67 on volume of 589,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Comtex SmarTrend(R) · 3d ago
VMware Named to Dow Jones Sustainability Index
VMware, Inc. (NYSE: VMW) today announced the company has been recognized on the 2020 Dow Jones Sustainability Indices (DJSI), one of the world’s leading environmental, social, and governance (ESG) benchmarks. VMware ranked in the 94th percentile in the software category for its leadership in corporate sustainability.
Business Wire · 3d ago
VMware to Present at the UBS Global TMT Conference
VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced that Pat Gelsinger, VMware’s chief executive officer, will present as a keynote speaker at the UBS Global TMT Conference on Monday, December 7, 2020 at 10:00 a.m. PT/ 1:00 p.m. ET.
Business Wire · 5d ago
VMware to Present at the Raymond James Technology Investors Conference
VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced that Sanjay Poonen, VMware’s chief operating officer, customer operations will present at the Raymond James Technology Investors Conference on Tuesday, December 8, 2020 at 12:20 p.m. PT/ 3:20 p.m. ET.
Business Wire · 5d ago
VMware, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Shareholders might have noticed that VMware, Inc. (NYSE:VMW) filed its third-quarter result this time last week. The...
Simply Wall St. · 6d ago
VMWare CEO on Q3 earnings, customers and their 2021 outlook
Patrick Gelsinger, VMWare CEO, joins CNBC's "Squawk Alley" to discuss the company's third-quarter earnings, the type of customers they're seeing and their 2021 outlook.
CNBC.com · 11/25 17:31
Vmware Inc-Cl A Set to Possibly Rebound After Yesterday's Selloff of 5.84%
Vmware Inc-Cl A (NYSE:VMW) traded in a range yesterday that spanned from a low of $139.67 to a high of $146.39. Yesterday, the shares fell 5.8%, which took the trading range below the 3-day low of $146.38 on volume of 1.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Comtex SmarTrend(R) · 11/25 16:57
DELL Beats Q3 Earnings, Revenues Up on Solid Consumer Demand
Dell Technologies' (DELL) third-quarter fiscal 2021 results reflect solid demand for its notebooks and premium brands.
Zacks · 11/25 16:42
JFrog: Riding The Software Revolution
In mid-September, JFrog (NASDAQ:FROG) pulled off a successful IPO (Initial Public Offering) as the shares spiked 47% on the debut. And this would not be the end of the gains. FROG stock would go on to jump from $65 to $85. Source: Michael Vi / Shutterstock.com But the momentum did not hold up. Keep in mind that FROG stock has since settled to about $58. The market capitalization is $5.3 billion. Volatility is nothing new with red-hot technology stocks.And yes, as for the last month or so, the valuations have gotten frothy and there has been a rotation to other sectors.InvestorPlace - Stock Market News, Stock Advice & Trading Tips But for investors looking at the long-term, the recent selling could be an opportunity. So does this mean that FROG stock is a good value now? Well, let’s get a backgrounder on the company. The Technology The co-founders of JFrog certainly know the challenges for software developers. Before starting the company, they provided custom software development and services for clients. 10 Best Stocks to Buy for Investors Under 30 Through this experience, the co-founders saw that DevOps was often complex because of the myriad tasks, processes and tools. There was also the problems with dealing with an explosion of new cloud native technologies, containers, mobile systems, and so on. Because of this, the co-founders set out to build a platform that allowed for unifying the processes though package management. This meant having a central repository manager for the code. Yet JFrog was not a walled garden either. The focus was on making it integrate with a developer’s own ecosystem. Note that JFrog calls itself the “Switzerland of DevOPs.” The vision for the company is to make it so that software has no versions — known as liquid software. By doing this, there will be improved security, higher performance and much less downtime. The Growth Story The latest earnings report showed the company continues to grow nicely. For Q3, the revenues jumped by 40% to $38.9 million and the free cash flows came to $9.7 million. There is $578 million in the bank. JFrog has also continued to show progress in upselling and cross-selling. Note that there are 313 customers with ARR (Annual Recurring revenues) greater than $100,000 and nine that exceed $1 million. The net dollar retention rate for the past year is an impressive 136%. But despite all this, FROG stock sold off on the earnings news. For the most part, Wall Street had expected even more growth. There are also worries about the competitive environment. The fact is that there are a many tough rivals in the DevOps market like IBM’s (NYSE:IBM) RedHat, Pivotal Software, GitLab, Sonatype, VMware (NYSE:VMW), Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) and Microsoft (NASDAQ:MSFT). Bottom Line On FROG Stock Yet even though the competition is a headwind, JFrog still the benefit of being a pioneer of the DeveOps category as well as having a powerful end-to-end platform. The IPO will be another positive because  it will provide more visibility. Then there is the long-term growth trends of software development. In the shareholder letter in the S-1, the founders noted the following: “As companies go through digital transformation and software becomes the defining competitive advantage across industries, the world is demanding pure DevOps-enabling, Continuous Software Release Management solutions that make software easier and more secure to deliver in a fully automated fashion. ‘Release fast or die,’ as we like to say. The companies that provide the solutions to handle this expanding volume of global software and make it immediately available anywhere, anytime, for all users, will be the solutions—and companies—that prevail.” Oh, and the market potential is certainly large. JFrog estimates it at about $22 billion. Now it’s truethe company’s stock will remain volatile. But over the long-haul, there is likely to be continued growth as so many companies will have a need for the type of software that JFrog provides. On the date of publication, Tom Taulli did not have (either directly or indirectly) any positions in any of the securities mentioned in this article. Tom Taulli (@ttaulli) is the author of various books on investing and technology, including Artificial Intelligence Basics, High-Profit IPO Strategies and All About Short Selling.  He is also the author of courses on topics like the Python language and COBOL.   More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner Radical New Battery Could Dismantle Oil Markets The post JFrog: Riding The Software Revolution appeared first on InvestorPlace.
InvestorPlace · 11/25 16:00
VMware Gets Wary Support From Analysts on Third-Quarter Results
While some analysts were impressed with VMware's earnings report, others say the results were 'a mixed bag.'
TheStreet.com · 11/25 13:57
UBS Maintains Neutral on VMware, Lowers Price Target to $152
UBS maintains VMware (NYSE:VMW) with a Neutral and lowers the price target from $155 to $152.
Benzinga · 11/25 13:42
Morgan Stanley Maintains Equal-Weight on VMware, Raises Price Target to $156
Morgan Stanley maintains VMware (NYSE:VMW) with a Equal-Weight and raises the price target from $149 to $156.
Benzinga · 11/25 13:11
How Does VMware's Debt Look?
Benzinga · 11/25 11:47
Dow 30,000, Gap, VMware, Coronavirus - 5 Things You Must Know Wednesday
Stock futures wobble, a day after the Dow and S&P 500 close at record highs; Gap shares sink; jobless claims and consumer sentiment data to be released.
TheStreet.com · 11/25 10:25
Dell Reports Surprise Revenue Growth in Q3; Target Price $82
Dell Technologies Inc, an American multinational technology company headquartered in Texas, reported a surprise quarterly revenue growth of about 3% to $23.48 billion as demand for remote working devices and desktops and notebook computers increased during the COVID-19 pandemic.
FX Empire · 11/25 03:28
VMware (VMW) Q3 Earnings and Revenues Beat Estimates
VMware (VMW) delivered earnings and revenue surprises of 16.08% and 2.04%, respectively, for the quarter ended October 2020. Do the numbers hold clues to what lies ahead for the stock?
Zacks · 11/24 22:55
VMware Post Third-Quarter Earnings Beat, Raises Guidance
The combination of subscription and Software as a Service (SaaS) and license revenue came to $1.32 billion, an increase of 10% from a year ago.
TheStreet.com · 11/24 22:36
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About VMW
VMware, Inc. is an information technology (IT) company. The Company is engaged in development and application of virtualization technologies with x86 server-based computing, separating application software from the underlying hardware. The Company offers various products, which allow organizations to manage IT resources across private clouds and multi-cloud, multi-device environments by leveraging synergies across three product categories: Software-Defined Data Center (SDDC), Hybrid Cloud Computing and End-User Computing (EUC). The SDDC is designed to transform and modernize the data center into an on-demand service that addresses application requirements by abstracting, pooling and automating the services that are required from the underlying hardware. The Company provides many storage and availability products to offer data storage and protection options to all applications running on the vSphere platform. Its wholly owned subsidiary include Pivotal Software Inc.
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