- Tomorrow, VMware releases the 1Q23 earnings report.
- We’ll recap on what the market is expecting from VMware, and discuss the business strategy and market opportunity.
- The durable growth opportunity is in multicloud, so investors’ eyes should be on the subscription and SaaS figures.
- The Broadcom bid is super validating for both VMware’s excellence and the multicloud opportunity ahead.
- Since the expected deal leaked, VMW stock has jumped 20%+, but is still trading well below the speculated bid price of $140/share.
For further details see:
VMware Q1 Earnings Preview: Are They Executing The Multi-Cloud Strategy As Planned?