(NYSE: RNG) Ringcentral's forecast annual revenue growth rate of 17.71% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 19.96%, and while it is forecast to beat the US market's average forecast revenue growth rate of 8.77%.
Ringcentral's revenue in 2023 is $1,988,330,000.On average, 10 Wall Street analysts forecast RNG's revenue for 2023 to be $232,033,969,766, with the lowest RNG revenue forecast at $225,378,551,508, and the highest RNG revenue forecast at $239,984,210,534. On average, 3 Wall Street analysts forecast RNG's revenue for 2024 to be $277,742,388,280, with the lowest RNG revenue forecast at $266,249,191,565, and the highest RNG revenue forecast at $290,948,394,010.
In 2025, RNG is forecast to generate $300,006,041,230 in revenue, with the lowest revenue forecast at $300,006,041,230 and the highest revenue forecast at $300,006,041,230.