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

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Analyst price target for RMD

Based on 5 analysts offering 12 month price targets for Resmed Inc.
Min Forecast
$245.00+10.11%
Avg Forecast
$263.80+18.56%
Max Forecast
$280.00+25.84%

Should I buy or sell RMD stock?

Based on 7 analysts offering ratings for Resmed Inc.
Buy
Strong Buy
3 analysts 42.86%
Buy
1 analysts 14.29%
Hold
3 analysts 42.86%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RMD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
RBC Capital
Top 27%
74
HoldMaintains$254.00+14.16%2022-10-28
KeyBanc
Bottom 20%
20
Strong BuyMaintains$280.00+25.84%2022-10-28
Bank of America
Bottom 49%
49
Strong BuyUpgrades$260.00+16.85%2022-10-20
Jefferies
Top 23%
78
HoldInitiates Coverage On$245.00+10.11%2022-10-12
Citigroup
Bottom 41%
41
Strong BuyUpgradesN/AN/A2022-09-08
JP Morgan
Top 34%
67
HoldDowngradesN/AN/A2022-08-12
Wolfe Research
Top 12%
89
BuyInitiates Coverage On$280.00+25.84%2022-04-06

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Forecast return on equity

Is RMD forecast to generate an efficient return?
Company
36.7%
Industry
21.6%
Market
62.68%
RMD's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RMD forecast to generate an efficient return on assets?
Company
24.33%
Industry
11.54%
RMD is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RMD earnings per share forecast

What is RMD's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$6.57+22.12%
Avg 2 year Forecast
$7.52+39.78%
Avg 3 year Forecast
$8.60+59.85%
RMD's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

RMD revenue forecast

What is RMD's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$3.9B+8.92%
Avg 2 year Forecast
$4.2B+17.26%
Avg 3 year Forecast
$4.6B+27.11%
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
16.77%
Industry
19.15%
Market
17.05%
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
8.21%
Industry
5.39%
Market
6.67%
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$222.50$263.80+18.56%Buy
ALC$68.73$82.50+20.03%Buy
BAX$52.62$74.58+41.74%Strong Buy
STE$190.28$240.00+26.13%Strong Buy
HOLX$74.80$77.69+3.87%Buy
View Top Medical Stocks

Resmed Stock Forecast FAQ

Is Resmed Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: RMD) stock is to Buy RMD stock.

Out of 7 analysts, 3 (42.86%) are recommending RMD as a Strong Buy, 1 (14.29%) are recommending RMD as a Buy, 3 (42.86%) 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 earnings growth forecast for 2023-2025?

(NYSE: RMD) Resmed's forecast annual earnings growth rate of 16.77% is not forecast to beat the US Medical Instruments & Supplies industry's average forecast earnings growth rate of 19.15%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.05%.

Resmed's earnings in 2022 is $786,302,000.On average, 6 Wall Street analysts forecast RMD's earnings for 2023 to be $962,397,581, with the lowest RMD earnings forecast at $928,706,341, and the highest RMD earnings forecast at $1,006,342,676. On average, 5 Wall Street analysts forecast RMD's earnings for 2024 to be $1,101,557,048, with the lowest RMD earnings forecast at $1,063,471,299, and the highest RMD earnings forecast at $1,151,361,489.

In 2025, RMD is forecast to generate $1,259,759,390 in earnings, with the lowest earnings forecast at $1,183,587,892 and the highest earnings forecast at $1,312,493,504.

What is RMD's revenue growth forecast for 2023-2025?

(NYSE: RMD) Resmed's forecast annual revenue growth rate of 8.21% is forecast to beat the US Medical Instruments & Supplies industry's average forecast revenue growth rate of 5.39%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 6.67%.

Resmed's revenue in 2022 is $3,624,405,000.On average, 6 Wall Street analysts forecast RMD's revenue for 2023 to be $578,264,569,602, with the lowest RMD revenue forecast at $566,080,059,595, and the highest RMD revenue forecast at $600,209,431,693. On average, 5 Wall Street analysts forecast RMD's revenue for 2024 to be $622,527,094,672, with the lowest RMD revenue forecast at $609,225,500,350, and the highest RMD revenue forecast at $639,547,615,900.

In 2025, RMD is forecast to generate $674,841,240,047 in revenue, with the lowest revenue forecast at $661,958,003,030 and the highest revenue forecast at $693,088,854,812.

What is RMD's forecast return on assets (ROA) for 2023-2025?

(NYSE: RMD) forecast ROA is 24.33%, which is higher than the forecast US Medical Instruments & Supplies industry average of 11.54%.

What is RMD's Price Target?

According to 5 Wall Street analysts that have issued a 1 year RMD price target, the average RMD price target is $263.80, with the highest RMD stock price forecast at $280.00 and the lowest RMD stock price forecast at $245.00.

On average, Wall Street analysts predict that Resmed's share price could reach $263.80 by Oct 28, 2023. The average Resmed stock price prediction forecasts a potential upside of 18.56% from the current RMD share price of $222.50.

What is RMD's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: RMD) Resmed's current Earnings Per Share (EPS) is $5.38. On average, analysts forecast that RMD's EPS will be $6.57 for 2023, with the lowest EPS forecast at $6.34, and the highest EPS forecast at $6.87. On average, analysts forecast that RMD's EPS will be $7.52 for 2024, with the lowest EPS forecast at $7.26, and the highest EPS forecast at $7.86. In 2025, RMD's EPS is forecast to hit $8.60 (min: $8.08, max: $8.96).

What is RMD's forecast return on equity (ROE) for 2023-2025?

(NYSE: RMD) forecast ROE is 36.7%, which is considered strong.
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