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ResMed (RMD) Stock Forecast & Price Target

ResMed logo
$222.38 +0.38 (+0.17%)
Closing price 03:59 PM Eastern
Extended Trading
$222.16 -0.23 (-0.10%)
As of 07:30 PM Eastern
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ResMed - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
9
Buy
7

Based on 16 Wall Street analysts who have issued ratings for ResMed in the last 12 months, the stock has a consensus rating of "Hold." Out of the 16 analysts, 9 have given a hold rating, and 7 have given a buy rating for RMD.

Consensus Price Target

$241.69
8.68% Upside
According to the 16 analysts' twelve-month price targets for ResMed, the average price target is $241.69. The highest price target for RMD is $300.00, while the lowest price target for RMD is $213.00. The average price target represents a forecasted upside of 8.68% from the current price of $222.38.
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.
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RMD Analyst Ratings Over Time

TypeCurrent Forecast
9/28/25 to 9/28/26
1 Month Ago
8/29/25 to 8/29/26
3 Months Ago
6/30/25 to 6/30/26
1 Year Ago
9/28/24 to 9/28/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
2 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
8 Buy rating(s)
10 Buy rating(s)
Hold
9 Hold rating(s)
10 Hold rating(s)
6 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$241.69$239.38$270.82$294.20
Forecasted Upside8.68% Upside-0.45% Downside38.85% Upside8.75% Upside
Consensus RatingHoldHoldModerate BuyModerate 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.
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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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

ResMed Stock vs. The Competition

TypeResMedHealthcare CompaniesBroader Market
Consensus Rating Score
2.44
2.31
2.53
Consensus RatingHoldHoldModerate Buy
Predicted Upside8.68% Upside780.15% Upside19.95% Upside
News Sentiment Rating
Positive News

See Recent RMD News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/15/2026UpgradeSector Perform ➝ Outperform$244.00 ➝ $262.00+17.46%
9/10/2026
Citigroup Inc. logo
Citigroup
4 of 5 stars
Reiterated RatingNeutral
8/31/2026
KeyCorp logo
KeyCorp
2 of 5 stars
Brett Fishbin
1 of 5 stars
Boost TargetOverweight$255.00 ➝ $267.00+11.03%
8/19/2026Initiated CoverageNeutral$230.00+4.42%
8/11/2026 UpgradeHold (C-) ➝ Hold (C)
8/7/2026 Set Target$213.00-1.07%
8/7/2026Lower TargetNeutral$233.00 ➝ $225.00+7.36%
8/7/2026Lower TargetEqual Weight$225.00 ➝ $215.00+1.80%
7/21/2026 Reiterated RatingBuy$300.00+53.10%
7/15/2026Lower TargetOutperform$235.00 ➝ $220.00+12.30%
7/10/2026Lower TargetHold$240.00 ➝ $225.00+9.78%
7/1/2026 Reiterated RatingBuy
6/17/2026Reiterated RatingOverweight ➝ Equal Weight$286.00 ➝ $230.00+18.48%
4/15/2026Initiated CoverageOverweight
4/13/2026Set TargetOutperform$255.00+11.52%
1/30/2026Boost TargetHold$260.00 ➝ $265.00+2.78%
9/2/2025 UpgradeHold ➝ Outperform
8/1/2025 UpgradeStrong-Buy
1/31/2025Reiterated RatingHold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 10:08 PM 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 Monday, September 28, 2026. Please send any questions or comments about these ResMed pros and cons to contact@marketbeat.com.

ResMed
Bull Case

green Wall Street bull icon

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

  • ResMed Inc. recently received an upgrade to an "Outperform" rating from RBC Capital Markets, which raised its price target to $262.00, signaling strong confidence in the company's ability to capture market share following setbacks experienced by competitors in the sleep apnea treatment sector.
  • The company demonstrated strong financial performance in its most recent quarter, reporting earnings per share of $2.95, which beat the consensus estimate of $2.89, while also achieving a net margin of 26.94% and a return on equity of 25.58%, indicating efficient capital management and profitability.
  • ResMed Inc. has increased its quarterly dividend to $0.66 per share, representing a 10% increase from the previous $0.60 payout, which provides a yield of approximately 1.2% and reflects management's commitment to returning value to shareholders while maintaining a sustainable payout ratio of 25.31%.
  • With the current stock price at $222.38, the shares are trading below the average 12-month price target of $241.69 set by sixteen ratings firms, suggesting potential upside for investors as the consensus recommendation remains a "Hold" with seven buy ratings and nine hold ratings.
  • Recent institutional activity shows positive momentum, with State Street Corp increasing its stake by 0.6% to over 6.6 million shares, and new investments from entities like Nykredit A S and Bank of America Corp DE, indicating growing institutional interest in the company's long-term growth prospects in respiratory care.

ResMed
Bear Case

red Wall Street bear icon

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

  • Insider selling has been consistent, with CEO Michael J. Farrell and Director Peter C. Farrell executing multiple sales of thousands of shares in recent months, including a sale by the CEO of 4,991 shares at an average price of $222.44 in September 2026, which may signal reduced internal confidence or personal financial planning rather than a bullish outlook.
  • The stock has experienced significant volatility and recent declines, including a gap down of 16.06 points on August 7, 2026, and trading near its 52-week low of $180.26 earlier in the year, reflecting market uncertainty and potential pressure on the valuation despite the current recovery to $222.38.
  • Short interest has increased, with shares shorted rising to 14.2 million as of September 15, 2026, representing approximately 9.9% of the float, and days to cover increasing to 11.74, indicating that a significant portion of the market is betting against the stock's future performance.
  • ResMed Inc. faces rising competitive pressures and margin challenges from increasing costs, as highlighted by recent analyst discussions, which could erode the company's profitability and limit its ability to maintain high growth rates in the sleep and respiratory care markets.
  • The company's beta of 0.77 suggests lower volatility than the market, but the recent drop in consensus price targets from $299.27 in early 2026 to $241.69 currently indicates a downward revision in analyst expectations, reflecting a more cautious outlook on the company's future earnings potential.

RMD Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for ResMed is $241.69, with a high forecast of $300.00 and a low forecast of $213.00.

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ResMed in the last twelve months. There are currently 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RMD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RMD, but not buy additional shares or sell existing shares.

According to analysts, ResMed's stock has a predicted upside of 8.68% based on their 12-month stock forecasts.

Over the previous 90 days, ResMed's stock had 3 downgrades and 2 upgrades by analysts.

Analysts like ResMed more than other "healthcare" companies. The consensus rating score for ResMed is 2.44 while the average consensus rating score for "healthcare" companies is 2.31. Learn more on how RMD compares to other companies.


MarketBeat monitors more than a dozen sources for ResMed analyst ratings, with the most recent rating issued on 9/15/2026.
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