VMware share (NYSE: VMW) is expected to release third quarter 2022 results (end of October 2021) on Tuesday, November 23rd. We expect VMW to exceed consensus estimates for sales and earnings. The company has reported better-than-expected sales and earnings figures for the past four quarters. VMW’s revenue growth continued through the first half of FY 2022, led by its Subscription and SaaS segment, which saw revenue grow 26% year over year. We assume that the segment will also drive the results for the third quarter FY2022.

Our forecast shows that Rating of VMware is $ 178 per share, which is 42% above the current market price of $ 125. Check out our interactive dashboard analysis Pre-earnings from VMware: What can we expect in the third quarter? for more…

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