ResMed Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for ResMed stock have an average target of 218.22, with a low estimate of 169 and a high estimate of 280. The average target predicts a decrease of -6.74% from the current stock price of 233.98.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$169	$218.22	$215	$280
Change	-27.77%	-6.74%	-8.11%	+19.67%

Analyst Ratings

The average analyst rating for ResMed stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	3	3	3	3	2	2
Buy	5	4	4	4	4	4
Hold	3	5	5	5	5	5
Sell	0	0	0	0	1	1
Strong Sell	0	0	0	0	0	0
Total	11	12	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Craig Wong-Pan RBC Capital	RBC Capital	Hold Maintains $206 → $224	Hold	Maintains	$206 → $224	-4.27%	Oct 1, 2024
Mike Matson Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Oct 1, 2024
Lyanne Harrison B of A Securities	B of A Securities	Strong Buy Maintains $240 → $270	Strong Buy	Maintains	$240 → $270	+15.39%	Sep 26, 2024
Joe Vruwink Baird	Baird	Buy Initiates $280	Buy	Initiates	$280	+19.67%	Sep 24, 2024
Mike Matson Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Sep 18, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

5.08B

from 4.69B

8.47%

from 4.69B

Revenue Next Year

5.43B

from 5.08B

6.85%

from 5.08B

EPS This Year

9.16

from 6.92

32.38%

from 6.92

EPS Next Year

10.04

from 9.16

9.54%

from 9.16

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	2.96B	3.20B	3.58B	4.22B	4.69B	5.08B	5.43B	5.74B
Revenue Growth	13.44%	8.11%	11.93%	18.02%	10.95%	8.47%	6.85%	5.69%
EPS	4.27	3.24	5.30	6.09	6.92	9.16	10.04	10.49
EPS Growth	52.50%	-24.12%	63.58%	14.91%	13.63%	32.38%	9.54%	4.53%
Forward PE	-	-	-	-	-	25.54	23.32	22.31
No. Analysts	-	-	-	-	-	14	14	8

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	5.5B	5.9B	6.4B
Avg	5.1B	5.4B	5.7B
Low	4.8B	5.1B	5.2B

Revenue Growth

Revenue Growth	2025	2026	2027
High	17.0%	17.0%	17.6%
Avg	8.5%	6.8%	5.7%
Low	2.7%	-0.0%	-3.8%

EPS Forecast

EPS	2025	2026	2027
High	9.90	11.10	12.03
Avg	9.16	10.04	10.49
Low	8.52	9.29	8.84

EPS Growth

EPS Growth	2025	2026	2027
High	43.1%	21.2%	19.9%
Avg	32.4%	9.5%	4.5%
Low	23.1%	1.4%	-11.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.