ResMed (RMD) Stock Forecast & Price Target

$232.88 -1.63 (-0.69%)

Closing price 02/20/2025 03:59 PM Eastern

Extended Trading

$231.90 -0.98 (-0.42%)

As of 08:41 AM Eastern

ResMed - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 15 Analyst Ratings

Sell
1

Hold
6

Buy
8

Based on 15 Wall Street analysts who have issued ratings for ResMed in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 1 has given a sell rating, 6 have given a hold rating, 6 have given a buy rating, and 2 have given a strong buy rating for RMD.

Consensus Price Target

$244.73
5.09% Upside

According to the 15 analysts' twelve-month price targets for ResMed, the average price target is $244.73. The highest price target for RMD is $286.00, while the lowest price target for RMD is $180.00. The average price target represents a forecasted upside of 5.09% from the current price of $232.89.

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RMD Analyst Ratings Over Time

Type	Current Forecast 2/22/24 to 2/21/25	1 Month Ago 1/23/24 to 1/22/25	3 Months Ago 11/24/23 to 11/23/24	1 Year Ago 2/22/23 to 2/22/24
Strong Buy	2 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	7 Buy rating(s)
Hold	6 Hold rating(s)	7 Hold rating(s)	5 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$244.73	$233.09	$225.70	$196.30
Forecasted Upside	5.09% Upside	-5.77% Downside	-7.42% Downside	7.21% Upside
Consensus Rating	Moderate Buy	Hold	Moderate Buy	Moderate Buy

RMD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

RMD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

ResMed Stock vs. The Competition

Type	ResMed	Medical Companies	S&P 500
Consensus Rating Score	2.60	2.82	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	5.09% Upside	28,644.17% Upside	12.82% Upside
News Sentiment Rating	Positive News See Recent RMD News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/31/2025	UBS Group 4 of 5 stars	L. Sutcliffe Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
1/31/2025	JPMorgan Chase & Co. 3 of 5 stars	David Low Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$270.00 ➝ $286.00	+17.10%
1/31/2025	KeyCorp 3 of 5 stars	Brett Fishbin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$266.00 ➝ $280.00	+15.29%
1/31/2025	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Maeder Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$252.00 ➝ $260.00	+7.89%
1/31/2025	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Matson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold ➝ Hold
1/16/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Thillainathan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy
12/13/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$250.00	+3.09%
10/25/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	$224.00 ➝ $232.00	-9.68%
10/25/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$280.00 ➝ $283.00	+18.39%
9/26/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$240.00 ➝ $270.00	+11.12%
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9/24/2024	Baird R W Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Rescott Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
9/18/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Polark Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Peer Perform ➝ Underperform	$180.00	-28.25%
6/25/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
6/24/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Chevrier Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
3/27/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$215.00	+9.88%
10/27/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$180.00 ➝ $169.00	+21.82%
10/5/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$240.00 ➝ $165.00	+11.49%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 08:47 AM ET.

Should I Buy ResMed Stock? RMD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, February 20, 2025. Please send any questions or comments about these ResMed pros and cons to contact@marketbeat.com.

ResMed
Bull Case

Here are some ways that investors could benefit from investing in ResMed Inc.:

ResMed Inc. has a strong return on equity of 26.17%, indicating effective management and profitability relative to shareholder equity, which can attract investors looking for solid financial performance.
The company recently announced a quarterly dividend of $0.53, translating to an annualized dividend of $2.12 and a yield of 0.91%. This consistent dividend payment can provide a steady income stream for investors.
Recent analyst upgrades have increased the price targets for ResMed Inc., with JPMorgan Chase raising their target from $270.00 to $286.00, suggesting positive market sentiment and potential for stock price appreciation.
ResMed Inc. operates in the growing healthcare sector, focusing on innovative medical devices and cloud-based software applications, which positions the company well for future growth as demand for healthcare solutions increases.
The stock currently has a consensus rating of "Moderate Buy" from analysts, indicating overall positive sentiment and potential for upward movement in stock price.

ResMed
Bear Case

Investors should be bearish about investing in ResMed Inc. for these reasons:

Despite the positive outlook, one analyst has issued a sell rating on the stock, which may indicate concerns about potential risks or market volatility that could affect performance.
The company has a relatively low insider ownership of 0.71%, which may suggest a lack of confidence from executives in the company's future performance, potentially deterring some investors.
ResMed Inc. has a payout ratio of 25.03%, which, while sustainable, indicates that a significant portion of earnings is distributed as dividends, potentially limiting funds available for reinvestment in growth opportunities.
Market analysts forecast earnings per share of 9.44 for the current fiscal year, which may not meet the expectations of growth-oriented investors looking for higher returns.
With hedge funds and institutional investors holding 54.98% of the stock, retail investors may find it challenging to influence stock price movements, leading to concerns about liquidity and market dynamics.

RMD Forecast - Frequently Asked Questions

: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for ResMed is $244.73, with a high forecast of $286.00 and a low forecast of $180.00.
: 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ResMed in the last twelve months. There is currently 1 sell rating, 6 hold ratings, 6 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RMD shares.
: According to analysts, ResMed's stock has a predicted upside of 5.09% based on their 12-month stock forecasts.
: Over the previous 90 days, ResMed's stock had 1 upgrade by analysts.
: ResMed has been rated by research analysts at JPMorgan Chase & Co., KeyCorp, Needham & Company LLC, Piper Sandler, Stifel Nicolaus, The Goldman Sachs Group, and UBS Group in the past 90 days.
: Analysts like ResMed less than other "medical" companies. The consensus rating score for ResMed is 2.60 while the average consensus rating score for "medical" companies is 2.82. Learn more on how RMD compares to other companies.

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This page (NYSE:RMD) was last updated on 2/21/2025 by MarketBeat.com Staff

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ResMed (RMD) Stock Forecast & Price Target