(NASDAQ: AMAT) Applied Materials's forecast annual revenue growth rate of 0.5% is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast revenue growth rate of 6.11%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 25.31%.
Applied Materials's revenue in 2023 is $26,253,000,000.On average, 8 Wall Street analysts forecast AMAT's revenue for 2023 to be $22,298,543,504,540, with the lowest AMAT revenue forecast at $20,735,034,694,024, and the highest AMAT revenue forecast at $23,956,690,366,749.
In 2024, AMAT is forecast to generate $22,389,221,331,284 in revenue, with the lowest revenue forecast at $19,806,403,354,305 and the highest revenue forecast at $24,706,090,680,707.