WallStreetZenWallStreetZen

NYSE: RMD
Resmed Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for RMD

Based on 8 analysts offering 12 month price targets for Resmed Inc.
Min Forecast
$169.00-8.26%
Avg Forecast
$199.63+8.36%
Max Forecast
$227.00+23.22%

Should I buy or sell RMD stock?

Based on 8 analysts offering ratings for Resmed Inc.
Strong Buy
Strong Buy
4 analysts 50%
Buy
2 analysts 25%
Hold
2 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their RMD stock forecasts and price targets.

RMD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-01
lockedlocked$00.00+00.00%2024-03-27
lockedlocked$00.00+00.00%2024-02-06
lockedlocked$00.00+00.00%2024-01-30
lockedlocked$00.00+00.00%2024-01-25
RBC Capital
Top 47%
54
HoldMaintains$182.00-1.21%2024-01-25
JP Morgan
Top 46%
55
Strong BuyMaintains$195.00+5.85%2024-01-09
Morgan Stanley
Bottom 50%
50
Strong BuyUpgrades$169.00-8.26%2023-10-27

1 of 1

Forecast return on equity

Is RMD forecast to generate an efficient return?
Company
N/A
Industry
0.24%
Market
19.68%

Forecast return on assets

Is RMD forecast to generate an efficient return on assets?
Company
N/A
Industry
0.1%

RMD revenue forecast

What is RMD's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$4.6B+3.2%
Avg 2 year Forecast
$5.0B+9.99%
Avg 3 year Forecast
$5.3B+17.46%
RMD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RMD earnings growth forecast

How is RMD forecast to perform vs Medical Instruments & Supplies companies and vs the US market?
Company
19.13%
Industry
37.13%
Market
28.56%
RMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
RMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
RMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

RMD revenue growth forecast

How is RMD forecast to perform vs Medical Instruments & Supplies companies and vs the US market?
Company
4.97%
Industry
7.75%
Market
9.3%
RMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RMD vs Medical Stocks

TickerPricePrice TargetUp/downsideConsensus
RMD$184.22$199.63+8.36%Strong Buy
WST$390.20$442.75+13.47%Strong Buy
BAX$41.02$45.20+10.19%Hold
COO$91.68$110.59+20.63%Strong Buy
HOLX$77.19$83.43+8.08%Buy
View Top Medical Stocks

Resmed Stock Forecast FAQ

Is Resmed Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: RMD) stock is to Strong Buy RMD stock.

Out of 8 analysts, 4 (50%) are recommending RMD as a Strong Buy, 2 (25%) are recommending RMD as a Buy, 2 (25%) are recommending RMD as a Hold, 0 (0%) are recommending RMD as a Sell, and 0 (0%) are recommending RMD as a Strong Sell.

If you're new to stock investing, here's how to buy Resmed stock.

What is RMD's revenue growth forecast for 2024-2026?

(NYSE: RMD) Resmed's forecast annual revenue growth rate of 4.97% is not forecast to beat the US Medical Instruments & Supplies industry's average forecast revenue growth rate of 7.75%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.3%.

Resmed's revenue in 2024 is $4,504,077,000.On average, 7 Wall Street analysts forecast RMD's revenue for 2024 to be $683,671,504,846, with the lowest RMD revenue forecast at $679,683,042,559, and the highest RMD revenue forecast at $690,750,010,492. On average, 7 Wall Street analysts forecast RMD's revenue for 2025 to be $728,712,475,774, with the lowest RMD revenue forecast at $721,323,906,752, and the highest RMD revenue forecast at $735,002,437,892.

In 2026, RMD is forecast to generate $778,145,815,075 in revenue, with the lowest revenue forecast at $764,832,799,822 and the highest revenue forecast at $786,794,788,779.

What is RMD's forecast return on assets (ROA) for 2024-2026?

(NYSE: RMD) forecast ROA is N/A, which is lower than the forecast US Medical Instruments & Supplies industry average of 0.1%.

What is RMD's Price Target?

According to 8 Wall Street analysts that have issued a 1 year RMD price target, the average RMD price target is $199.63, with the highest RMD stock price forecast at $227.00 and the lowest RMD stock price forecast at $169.00.

On average, Wall Street analysts predict that Resmed's share price could reach $199.63 by Apr 1, 2025. The average Resmed stock price prediction forecasts a potential upside of 8.36% from the current RMD share price of $184.22.

What is RMD's forecast return on equity (ROE) for 2024-2026?

(NYSE: RMD) forecast ROE is N/A, which is considered weak.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.