• Consensus Rating: Moderate Buy
  • Consensus Price Target: $196.30
  • Forecasted Upside: 9.09%
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$179.94
▼ -0.72 (-0.40%)

This chart shows the closing price for RMD by one month, three months, or twelve months.

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Analyst Price Target for RMD

Analyst Price Target is $196.30
▲ +9.09% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for ResMed in the last 3 months. The average price target is $196.30, with a high forecast of $230.00 and a low forecast of $165.00. The average price target represents a 9.09% upside from the last price of $179.94.

This chart shows the closing price for RMD for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 10 investment analysts is to moderate buy stock in ResMed. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
8/30/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/28/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
2/26/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/27/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
8/25/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/23/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/22/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
2/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/6/2024KeyCorpInitiated CoverageOverweight$227.00Low
1/30/2024OppenheimerBoost TargetOutperform ➝ Outperform$185.00 ➝ $205.00Low
1/26/2024MizuhoBoost TargetBuy ➝ Buy$180.00 ➝ $195.00Low
1/25/2024UBS GroupBoost TargetNeutral ➝ Neutral$175.00 ➝ $180.00Low
1/25/2024Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$181.00 ➝ $182.00Low
1/25/2024Needham & Company LLCBoost TargetBuy ➝ Buy$180.00 ➝ $215.00Low
1/9/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$160.00 ➝ $195.00Low
10/31/2023MizuhoLower TargetBuy ➝ Buy$180.00 ➝ $160.00Low
10/27/2023Morgan StanleyUpgradeEqual Weight ➝ Overweight$180.00 ➝ $169.00Low
10/16/2023OppenheimerLower TargetOutperform ➝ Outperform$275.00 ➝ $175.00Low
10/12/2023Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$273.00 ➝ $202.00Low
10/9/2023JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$210.00 ➝ $170.00Low
10/5/2023Jefferies Financial GroupLower Target$240.00 ➝ $165.00Low
9/29/2023Wolfe ResearchDowngradeOutperform ➝ Peer PerformLow
9/18/2023Bank of AmericaLower TargetBuy ➝ Buy$250.00 ➝ $230.00Low
9/13/2023MizuhoLower TargetBuy ➝ Buy$255.00 ➝ $180.00Low
9/6/2023Needham & Company LLCUpgradeHold ➝ BuyLow
9/5/2023UBS GroupDowngradeBuy ➝ NeutralLow
8/14/2023Royal Bank of CanadaLower TargetOutperform ➝ Outperform$284.00 ➝ $273.00Low
8/4/2023Bank of AmericaLower TargetBuy ➝ Buy$260.00 ➝ $250.00Low
8/4/2023KeyCorpLower TargetOverweight ➝ Overweight$280.00 ➝ $260.00Low
8/1/2023Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$262.00 ➝ $284.00Low
5/22/2023UBS GroupInitiated CoverageBuy$290.00Low
4/13/2023MizuhoInitiated CoverageBuy$255.00Low
1/31/2023William BlairReiterated RatingOutperformLow
1/27/2023JPMorgan Chase & Co.Boost TargetOverweight$245.00 ➝ $260.00Low
1/18/2023CitigroupUpgradeNeutral ➝ BuyLow
1/17/2023JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$245.00Low
10/28/2022Royal Bank of CanadaBoost TargetSector Perform$252.00 ➝ $254.00Low
10/28/2022CitigroupDowngradeBuy ➝ NeutralLow
10/28/2022KeyCorpBoost TargetOverweight$276.00 ➝ $280.00Low
10/20/2022Bank of AmericaUpgradeNeutral ➝ Buy$245.00 ➝ $260.00Low
10/12/2022Jefferies Financial GroupInitiated CoverageHold$245.00Low
9/8/2022CitigroupUpgradeNeutral ➝ BuyLow
8/12/2022JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralLow
8/12/2022Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$246.00 ➝ $252.00Low
8/12/2022CitigroupDowngradeBuy ➝ NeutralLow
6/6/2022Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$233.00 ➝ $244.00Low
4/5/2022Wolfe ResearchInitiated CoverageOutperform$280.00Low
1/31/2022CitigroupUpgradeNeutral ➝ BuyHigh
1/30/2022The Goldman Sachs GroupUpgradeNeutral ➝ BuyHigh
1/28/2022Robert W. BairdLower Target$300.00 ➝ $280.00High
1/28/2022Royal Bank of CanadaUpgradeUnderperform ➝ Sector Perform$234.00 ➝ $241.00High
1/24/2022JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$260.00 ➝ $270.00High
1/24/2022Bank of AmericaUpgradeUnderperform ➝ Neutral$239.00 ➝ $250.00Medium
1/13/2022Robert W. BairdUpgradeNeutral ➝ Outperform$270.00 ➝ $300.00High
1/13/2022Royal Bank of CanadaBoost TargetUnderperform$227.00 ➝ $234.00High
12/6/2021MacquarieUpgradeNeutral ➝ OutperformHigh
10/29/2021Royal Bank of CanadaLower TargetUnderperform$233.00 ➝ $227.00Medium
10/22/2021CLSAUpgradeUnderperform ➝ OutperformMedium
8/9/2021CLSAUpgradeSell ➝ UnderperformMedium
8/9/2021Needham & Company LLCReiterated RatingHoldLow
8/2/2021CLSADowngradeOutperform ➝ SellLow
8/2/2021Needham & Company LLCDowngradeBuy ➝ HoldLow
7/28/2021Jefferies Financial GroupUpgradeUnderperform ➝ Hold$170.00 ➝ $240.00Medium
7/27/2021Royal Bank of CanadaBoost TargetUnderperform$223.00 ➝ $238.00High
7/26/2021JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$245.00 ➝ $246.00Low
7/13/2021Royal Bank of CanadaInitiated CoverageUnderperform$223.00Low
6/28/2021CitigroupDowngradeBuy ➝ NeutralLow
6/22/2021MacquarieUpgradeNeutral ➝ OutperformLow
6/21/2021Robert W. BairdInitiated CoverageNeutral$240.00Low
6/21/2021Needham & Company LLCBoost TargetPositive ➝ Buy$229.00 ➝ $267.00Low
6/16/2021Bank of AmericaDowngradeNeutral ➝ Underperform$216.00 ➝ $221.00High
6/15/2021OppenheimerBoost TargetOutperform$240.00 ➝ $270.00High
6/14/2021Needham & Company LLCInitiated CoverageBuy$229.00High
6/9/2021CLSAUpgradeSell ➝ OutperformLow
5/21/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$206.00 ➝ $219.00Low
5/11/2021CitigroupUpgradeNeutral ➝ BuyLow
4/30/2021CitigroupDowngradeBuy ➝ NeutralHigh
3/16/2021Needham & Company LLCUpgradeHold ➝ Buy$229.00Low
1/29/2021Needham & Company LLCReiterated RatingHoldHigh
11/2/2020UBS GroupUpgradeNeutral ➝ Buy$210.00High
10/30/2020Credit Suisse GroupUpgradeNeutral ➝ OutperformHigh
10/30/2020JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$165.00Medium
10/27/2020Bank of AmericaUpgradeUnderperform ➝ Neutral$186.00High
8/6/2020Morgan StanleyDowngradeOverweight ➝ Equal WeightMedium
8/6/2020OppenheimerBoost Target$200.00 ➝ $210.00Medium
8/6/2020The Goldman Sachs GroupDowngradeBuy ➝ NeutralHigh
8/6/2020Needham & Company LLCReiterated RatingHoldHigh
8/5/2020OppenheimerInitiated CoverageBuy$212.00High
8/3/2020Bank of AmericaDowngradeBuy ➝ UnderperformLow
6/17/2020Morgan StanleyUpgradeEqual Weight ➝ Overweight$176.00Low
5/1/2020JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightHigh
4/30/2020Needham & Company LLCInitiated CoverageHoldHigh
4/30/2020OppenheimerUpgradeMarket Perform ➝ Outperform$200.00High
3/26/2020Credit Suisse GroupDowngradeOutperform ➝ NeutralHigh
3/24/2020William BlairReiterated RatingBuyLow
2/18/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$165.00Low
2/3/2020CLSAInitiated CoverageUnderperformHigh
1/31/2020UBS GroupDowngradeBuy ➝ Neutral$174.00High
1/9/2020OppenheimerInitiated CoverageHoldLow
11/22/2019KeyCorpInitiated CoverageSector Weight ➝ Sector WeightLow
10/25/2019Needham & Company LLCReiterated RatingHoldHigh
10/18/2019Needham & Company LLCReiterated RatingHoldLow
7/29/2019UBS GroupUpgradeNeutral ➝ Buy$122.00 ➝ $140.00Medium
7/29/2019The Goldman Sachs GroupUpgradeNeutral ➝ BuyMedium
7/16/2019UBS GroupDowngradeBuy ➝ NeutralLow
5/6/2019UBS GroupUpgradeNeutral ➝ Buy$109.00 ➝ $119.00Low
4/18/2019JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$95.00Low
3/20/2019Deutsche Bank AktiengesellschaftUpgradeHold ➝ BuyLow
(Data available from 2/21/2019 forward)

News Sentiment Rating

1.12 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 14 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/26/2023
  • 16 very positive mentions
  • 14 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
8/25/2023
  • 14 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
9/24/2023
  • 11 very positive mentions
  • 10 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
10/24/2023
  • 7 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/23/2023
  • 19 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/23/2023
  • 16 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/22/2024
  • 37 very positive mentions
  • 17 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/21/2024

Current Sentiment

  • 37 very positive mentions
  • 17 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Positive

ResMed logo
ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. It operates in two segments, Sleep and Respiratory Care, and Software as a Service. It offers various products and solutions for a range of respiratory disorders, including technologies to be applied in medical and consumer products, ventilation devices, diagnostic products, mask systems for use in the hospital and home, headgear and other accessories, dental devices, and cloud-based software informatics solutions to manage patient outcomes, as well as provides customer and business processes. The company also provides AirView, a cloud-based system that enables remote monitoring and changing of patients' device settings; myAir, a personalized therapy management application for patients with sleep apnea that provides support, education, and troubleshooting tools for increased patient engagement and improved compliance; U-Sleep, a compliance monitoring solution that enables home medical equipment (HME) to streamline their sleep programs; connectivity module and propeller solutions; and Propeller portal. It offers out-of-hospital software solution, such as Brightree business management software and service solutions to providers of HME, pharmacy, home infusion, orthotics, and prosthetics services; MatrixCare care management and related ancillary solutions to senior living, skilled nursing, life plan communities, home health, home care, and hospice organizations, as well as related accountable care organizations; HEALTHCAREfirst that offers electronic health record, software, billing and coding services, and analytics for home health and hospice agencies; and MEDIFOX DAN's software solutions. The company markets its products to sleep clinics, home healthcare dealers, and hospitals through a network of distributors and direct sales force. The company was founded in 1989 and is headquartered in San Diego, California.
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Today's Range

Now: $179.94
Low: $179.30
High: $180.83

50 Day Range

MA: $177.70
Low: $165.79
High: $193.66

52 Week Range

Now: $179.94
Low: $132.24
High: $243.52

Volume

87,376 shs

Average Volume

898,535 shs

Market Capitalization

$26.47 billion

P/E Ratio

29.74

Dividend Yield

1.06%

Beta

0.69

Frequently Asked Questions

What sell-side analysts currently cover shares of ResMed?

The following Wall Street sell-side analysts have issued stock ratings on ResMed in the last year: Bank of America Co., Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, Mizuho, Morgan Stanley, Needham & Company LLC, Oppenheimer Holdings Inc., Royal Bank of Canada, StockNews.com, TheStreet, UBS Group AG, and Wolfe Research.
View the latest analyst ratings for RMD.

What is the current price target for ResMed?

10 Wall Street analysts have set twelve-month price targets for ResMed in the last year. Their average twelve-month price target is $196.30, suggesting a possible upside of 8.7%. Bank of America Co. has the highest price target set, predicting RMD will reach $230.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $165.00 for ResMed in the next year.
View the latest price targets for RMD.

What is the current consensus analyst rating for ResMed?

ResMed currently has 3 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for RMD.

What other companies compete with ResMed?

How do I contact ResMed's investor relations team?

ResMed's physical mailing address is 9001 SPECTRUM CENTER BLVD., SAN DIEGO CA, 92123. The medical equipment provider's listed phone number is (858) 836-5000 and its investor relations email address is [email protected]. The official website for ResMed is www.resmed.com. Learn More about contacing ResMed investor relations.