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RMD Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
190.360
Open
188.920
VWAP
188.67
Vol
3.88M
Mkt Cap
27.36B
Low
187.010
Amount
732.96M
EV/EBITDA(TTM)
12.32
Total Shares
145.06M
EV
26.37B
EV/OCF(TTM)
13.95
P/S(TTM)
4.99
ResMed Inc. is a holding company. The Company, through its subsidiaries, in the development, manufacturing, distribution and marketing of medical devices and cloud-based software applications that diagnose, treat and manage respiratory disorders, including sleep disordered breathing (SDB), chronic obstructive pulmonary disease, neuromuscular disease and other chronic diseases. Its segments include Sleep and Breathing Health segment and the Residential Care Software segment. It also operates a Software as a Service (SaaS) business in the United States and Germany that includes out-of-hospital software platforms designed to support the professionals and caregivers who help people stay healthy in the home or care setting of their choice. Its products and solutions are designed to improve patients' quality of life and reduce the impact of chronic disease. Its cloud-based digital health software applications, along with its devices, are designed to provide connected care.
Show More

Events Timeline

(ET)
2026-06-17
16:30:00
Federal Reserve Keeps Rates Unchanged, Markets Close Lower
select
2026-06-17
12:00:00
Major Averages Slightly Higher as Markets Await Fed Meeting
select
2026-06-03 (ET)
2026-06-03
10:00:00
Notable Gainers This Morning Include Intel and Others
select
2026-05-19 (ET)
2026-05-19
09:10:00
Resmed Partners with Oura to Expand Sleep Health Education
select

News

NASDAQ.COM
4.5
06-18NASDAQ.COM
US Stocks Plunge as Tech Sector Weighs Down Market
  • Market Weakness: On Wednesday, the S&P 500 Index fell by 1.21%, the Dow Jones Industrial Average dropped by 0.98%, and the Nasdaq 100 Index declined by 0.99%, reflecting market concerns over potential interest rate hikes by the Fed, particularly amid weak performance in technology stocks.
  • Economic Data Support: Despite the market downturn, US May retail sales rose by 0.9% month-over-month, surpassing expectations of 0.6%, indicating resilient consumer demand, while pending home sales increased by 3.8% month-over-month, marking the largest gain in 20 months, potentially providing some support to the market.
  • Fed Policy Outlook: The Fed maintained interest rates at its meeting on Wednesday but indicated through its dot plot that at least one more 25 basis point hike is expected this year, with the 2026 year-end federal funds rate projection raised to 3.75%, reflecting a cautious outlook on future economic conditions.
  • International Market Response: While US stocks declined, overseas markets performed strongly, with the Euro Stoxx 50 reaching a new record high and closing up 0.68%, demonstrating global investor confidence in economic recovery, which may contrast with the US market's performance.
NASDAQ.COM
4.5
06-17NASDAQ.COM
Mixed Performance in US Stock Indices, Chipmakers Lead Gains
  • Strong Economic Data: US May retail sales rose 0.9% month-over-month, exceeding expectations of 0.6%, indicating resilient consumer demand that could positively impact future spending and economic recovery.
  • Housing Market Recovery: Pending home sales in May increased by 3.8% month-over-month, significantly surpassing the expected 0.9%, marking the largest gain in 20 months, suggesting a rebound in the real estate market that may stimulate growth in related sectors.
  • Oil Price Volatility: The agreement between the US and Iran to reopen the Strait of Hormuz has driven crude oil prices down to a 3.5-month low, increasing risk-on sentiment in the market, which may lead investors to reassess the risks and returns of energy-related assets.
  • FOMC Meeting Focus: The market anticipates that the Federal Reserve will keep interest rates unchanged, but the press conference by new Chair Kevin Warsh will be pivotal, as investors closely watch his outlook on inflation to guide future investment decisions.
NASDAQ.COM
4.5
06-17NASDAQ.COM
U.S. Stocks Rise, Led by Chipmakers Amid Strong Retail Sales
  • Strong Market Performance: The S&P 500 index rose by 0.23%, the Dow Jones Industrial Average increased by 0.26%, and the Nasdaq 100 climbed by 0.74%, reflecting market confidence in economic recovery, particularly driven by strong performances from chipmakers.
  • Retail Sales Exceed Expectations: U.S. May retail sales increased by 0.9% month-over-month, surpassing the expected 0.6%, indicating resilient consumer demand that could further stimulate economic growth and influence future monetary policy.
  • Oil Price Decline Affects Market Sentiment: The agreement between the U.S. and Iran to reopen the Strait of Hormuz has led to crude oil prices dropping to a 3.5-month low, enhancing risk-on sentiment in the markets and contributing to stock gains.
  • FOMC Meeting in Focus: Market participants are closely watching the outcome of the FOMC meeting, where interest rates are expected to remain unchanged, but the guidance from new Chair Kevin Warsh will significantly impact market sentiment.
seekingalpha
6.0
06-17seekingalpha
Morgan Stanley Downgrades ResMed Rating Amid Market Concerns
  • Rating Downgrade Impact: Morgan Stanley downgraded ResMed (RMD) from Overweight to Equal Weight, primarily due to market pressures from GLP-1 weight-loss drugs and the potential re-entry of Philips (PHG) into the U.S. sleep device market next year, which may limit the company's re-rating prospects.
  • Increased Market Competition: Eli Lilly's weight-loss therapy Zepbound has been approved for treating obese patients with obstructive sleep apnea, a market that ResMed's CPAP devices serve, indicating heightened competitive risks for the company.
  • Earnings Growth Forecast Cut: The analyst projects ResMed's net profit growth at approximately 5% YoY for fiscal 2027, lower than the consensus estimate of 4%, contrasting with the company's three-year EPS growth of 19% as of March 2026, highlighting a slowdown in earnings growth.
  • Price Target Reduction: The analyst lowered ResMed's price target from $286 to $230 per share, indicating that despite strong free cash flow and a solid balance sheet, the company is expected to face constraints on near-term earnings growth, reflecting a cautious market outlook on its future performance.
CNBC
6.0
06-17CNBC
Latest Wall Street Ratings Overview
  • GE Vernova Rating: Bernstein initiates GE Vernova as outperform, citing the potential for U.S. natural gas to displace coal globally, thereby reducing electricity costs and providing reliable power, which could drive the stock price higher.
  • NeoVolta Buy Rating: Needham initiates coverage on NeoVolta with a Buy rating and an $8 price target, indicating significant upside potential for the battery company, reflecting strong market demand for its products.
  • Nvidia Outlook: Bernstein reiterates Nvidia as outperform, emphasizing the enormous and still early data center market opportunity, suggesting that the company's leadership in technology will continue to drive stock price growth.
  • Allegiant Acquisition Boost: Goldman Sachs reinstates Allegiant as a Buy with a $125 price target, believing that the acquisition of Sun Country will provide incremental profitable growth opportunities, enhancing the company's competitive position in the market.
seekingalpha
6.5
06-11seekingalpha
ResMed Faces Potential 30% Share Decline
  • Market Expectation Adjustment: Hedgeye analyst Tom Tobin highlighted that as GLP-1 drug prices decrease, the total addressable market (TAM) for sleep apnea is shrinking, predicting at least a 30% decline in ResMed's shares, indicating a market underestimation of its growth algorithm.
  • Price Correction Trend: ResMed's shares have already fallen over 30% from their 2025 peak, and Tobin believes that as consensus estimates come under pressure, the market will continue to seek a new, lower valuation level, further impacting share performance.
  • Obesity Rate Impact: Tobin cautioned that rising obesity rates have quietly been a tailwind for ResMed over the past two decades, but the proliferation of GLP-1 drugs is now shrinking its potential customer base, particularly among overweight and obese populations.
  • Short Selling Pressure: ResMed has a short interest of 9.4%, reflecting market concerns about its future performance, and investors should closely monitor the upcoming Q3 2026 earnings report to assess the company's ability to navigate these market challenges.
Wall Street analysts forecast RMD stock price to rise
11 Analyst Rating
Wall Street analysts forecast RMD stock price to rise
6 Buy
5 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
260.00
Averages
294.00
High
345.00
Current: 0.000
sliders
Low
260.00
Averages
294.00
High
345.00
Morgan Stanley
David Bailey
Overweight
to
Equal Weight
downgrade
$286 -> $230
AI Analysis
2026-06-17
New
Reason
Morgan Stanley
David Bailey
Price Target
$286 -> $230
AI Analysis
2026-06-17
New
downgrade
Overweight
to
Equal Weight
Reason
Morgan Stanley analyst David Bailey downgraded ResMed to Equal Weight from Overweight with a price target of $230, down from $286. The company has posted annual earnings growth of 19% and revenue growth of 11% over the past three years, but going forward, Morgan Stanley sees lower revenue growth due to the assumed re-entry of Philips into the U.S. device market in 2027, the analyst tells investors in a research note. The firm remains constructive on ResMed's medium- to longer-term opportunity, but is now more cautious on the company's near-term earnings outlook.
Citi
Buy
downgrade
$340 -> $270
2026-06-15
New
Reason
Citi
Price Target
$340 -> $270
2026-06-15
New
downgrade
Buy
Reason
Citi lowered the firm's price target on ResMed to $270 from $340 and keeps a Buy rating on the shares. The says the company's fundamentals are intact despite the medical technology sector being out of favor. ResMed's double-digit earnings growth "is not exceptional" and a sector re-rating "could take time," the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RMD
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Valuation Metrics

The current forward P/E ratio for Resmed Inc (RMD.N) is 15.92, compared to its 5-year average forward P/E of 27.69. For a more detailed relative valuation and DCF analysis to assess Resmed Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
27.69
Current PE
15.92
Overvalued PE
37.16
Undervalued PE
18.23

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
20.92
Current EV/EBITDA
10.98
Overvalued EV/EBITDA
26.34
Undervalued EV/EBITDA
15.50

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
7.11
Current PS
4.49
Overvalued PS
8.71
Undervalued PS
5.50

Financials

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Whales Holding RMD

B
Blackhill Capital, Inc
Holding
RMD
+20.04%
3M Return
D
David Vaughan Investments, LLC
Holding
RMD
+17.22%
3M Return
B
BetaShares Capital Limited
Holding
RMD
+16.69%
3M Return
S
Schroder Investment Management (Singapore) Ltd.
Holding
RMD
+16.65%
3M Return
T
Triodos Investment Management B.V.
Holding
RMD
+16.21%
3M Return
A
Australian Super
Holding
RMD
+13.20%
3M Return

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Frequently Asked Questions

What is Resmed Inc (RMD) stock price today?

The current price of RMD is 188.63 USD — it has increased 1.26

What is Resmed Inc (RMD)'s business?

ResMed Inc. is a holding company. The Company, through its subsidiaries, in the development, manufacturing, distribution and marketing of medical devices and cloud-based software applications that diagnose, treat and manage respiratory disorders, including sleep disordered breathing (SDB), chronic obstructive pulmonary disease, neuromuscular disease and other chronic diseases. Its segments include Sleep and Breathing Health segment and the Residential Care Software segment. It also operates a Software as a Service (SaaS) business in the United States and Germany that includes out-of-hospital software platforms designed to support the professionals and caregivers who help people stay healthy in the home or care setting of their choice. Its products and solutions are designed to improve patients' quality of life and reduce the impact of chronic disease. Its cloud-based digital health software applications, along with its devices, are designed to provide connected care.

What is the price predicton of RMD Stock?

Wall Street analysts forecast RMD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RMD is294.00 USD with a low forecast of 260.00 USD and a high forecast of 345.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Resmed Inc (RMD)'s revenue for the last quarter?

Resmed Inc revenue for the last quarter amounts to 1.43B USD, increased 10.81

What is Resmed Inc (RMD)'s earnings per share (EPS) for the last quarter?

Resmed Inc. EPS for the last quarter amounts to 2.74 USD, increased 10.48

How many employees does Resmed Inc (RMD). have?

Resmed Inc (RMD) has 10600 emplpoyees as of June 20 2026.

What is Resmed Inc (RMD) market cap?

Today RMD has the market capitalization of 27.36B USD.