Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of VMW will decline by -0.60% over the next 2 Weeks and hit $141.62 by Friday, December 29, 2023. In that time frame, VMW's share price is expected to range between $135.94 and $146.84.
BearishAverageBullishVMW shares fell -4.96% in Tuesday, November 21, 2023's trading session, dropping from a previous close of $149.91 to move at $142.48. The stock demonstrated notable intraday movement (see VMW's key stats for a full breakdown), fluctuating between $142.47 and $143.63, a +0.81% trading range. While recent weeks have seen some volatility, VMW has managed to secure a -4.52% drop over the past 2 weeks. The downward price movement was accompanied by remained steady trading volume, with approximately 1.79M shares changing hands, 0 fewer than the previous session. This amounted to $254.64M in total market activity.
Will VMW Continue Its Upward Trend?
According to analyst ratings and projections for VMW, VMware, Inc. shares are anticipated to increase by +2.10%, potentially reaching $145.53 per share by December 29, 2023. Short-term technical indicators currently suggest a neutral sentiment for VMW. For deeper insights, view our sentiment analysis on AAPL covering social and institutional perspectives. However, the stock has recorded 13 positive trading days within the past 30 sessions. Based on the VMW stock forecast, now is a good time to buy VMW stock because its current trading price is +1.64% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on VMW covering social and institutional perspectives.
VMW Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into VMW's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 27.09% to 36.13%) suggest weak bearish momentum with possible fluctuation. The 50-day RSI, at 44.43%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 49.10%, maintains a neutral outlook for the long term. Insights into VMW's shareholder base show how institutional investors are positioning themselves during these momentum shifts
VMware, Inc. Monthly Forecast 2024
September 2024
According to our latest forecast models, VMware, Inc. (VMW) is positioned to show a strong performance in September 2024. The price is predicted to move between $160.24 and $180.98, settling at an average of $170.02. This could translate to a +19.33% gain.
October 2024
Based on current market signals, VMware, Inc. is projected to trend october 2024. We forecast a trading range from $159.88 to $187.85, with a likely average price of $170.68. Investors could expect a potential return of +19.79%.
November 2024
Our predictive algorithms indicate VMware, Inc. stock may see a shift in November 2024. The expected range spans $160.57–$193.18, with an average target of $179.36. This represents a positive outlook and a possible gain of +25.88%.
December 2024
Analyzing established trends, VMware, Inc. looks set to move in December 2024. Projections place the stock between $176.13 and $193.92, averaging around $184.18. This suggests a +29.27% gain from current levels.
VMW's history of dividends and stock splits also plays a role in long-term investor confidence.