Overview
ResMed Inc. is a healthcare company based in the United States, primarily engaged in the development, manufacturing, and marketing of medical devices and cloud-based software applications that diagnose, treat, and manage respiratory disorders. The company is a leader in the sleep apnea market and has expanded its portfolio to include portable oxygen concentrators and digital health solutions for chronic obstructive pulmonary disease. ResMed's notable projects involve its cloud-connected CPAP machines for sleep apnea, which improve patient compliance and monitoring efficiency through innovative technologies. Its continuous investment in research and development aims to drive further innovation in respiratory medicine, significantly enhancing patient outcomes and healthcare system savings globally.
Basic Stats
The share price of ResMed Inc. as of September 5, 2025 is $277.18 / share. This is an increase of 0.97% from the prior week. The market cap (or net worth) of ResMed Inc. as of September 5, 2025 is $40,599.11 MM.
The Factor Analysis chart (below right) shows a view of ResMed Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 40,599.11 MM |
| EV | 40,057.95 MM |
| Shares Out. | 146.47 MM |
| Earnings Date | |
| EPS (TTM) | 9.56 |
| Dividend Yield | 0.87 % |
| Ex-Dividend Date | 2025-08-14 |
| Borrow Rate | 0.25 |
| Short Shares Avail. | 0.80 MM |
| Short Interest | 8.94 MM |
| Short Float | 6.16 % |
| Days to Cover | 9.48 days |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | 13.24 % |
| Volatility (1 yr) | 0.28 |
| Beta | 0.66 |
| Sharpe Ratio (1 yr) | 0.32 |
| Sortino Ratio (1 yr) | 0.52 |
| PE Ratio | 28.98 |
| Price/Book | 6.80 |
| Price/TBV | 16.53 |
| Book/Market | 0.15 |
| EBIT/EV | 0.04 |
| EBIT(3yr avg)/EV | 0.03 |
| ROA | 0.20 |
| ROE | 0.29 |
| ROIC | 0.21 |
| CROIC | 0.14 |
| OCROIC | 0.26 |
| Implied Volatility | 23.72 % |
| Put/Call OI Ratio | 3.40 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for ResMed Inc. is $295.22. The forecasts range from a low of $217.15 to a high of $341.25. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for ResMed Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2023-01-17 | JP Morgan | Neutral | Overweight | Upgrade |
| 2021-06-21 | Needham | Buy | Maintains | |
| 2022-10-28 | RBC Capital | Sector Perform | Maintains | |
| 2022-10-28 | Keybanc | Overweight | Maintains | |
| 2022-10-20 | B of A Securities | Neutral | Buy | Upgrade |
| 2022-10-12 | Jefferies | Hold | Initiate | |
| 2022-09-08 | Citigroup | Neutral | Buy | Upgrade |
| 2022-08-12 | RBC Capital | Outperform | Sector Perform | Downgrade |
| 2022-08-12 | JP Morgan | Overweight | Neutral | Downgrade |
| 2022-06-15 | RBC Capital | Outperform | Maintains | |
| 2022-06-06 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2022-04-29 | RBC Capital | Sector Perform | Maintains | |
| 2022-04-29 | Keybanc | Overweight | Maintains | |
| 2022-04-06 | Wolfe Research | Outperform | Initiate | |
| 2022-01-31 | Citigroup | Neutral | Buy | Upgrade |
| 2022-01-28 | RBC Capital | Underperform | Sector Perform | Upgrade |
| 2022-01-24 | JP Morgan | Neutral | Overweight | Upgrade |
| 2022-01-24 | B of A Securities | Underperform | Neutral | Upgrade |
| 2022-01-13 | RBC Capital | Underperform | Maintains | |
| 2022-01-13 | CLSA | Outperform | Buy | Upgrade |
| 2022-01-13 | Baird | Neutral | Outperform | Upgrade |
| 2021-12-21 | Keybanc | Sector Weight | Overweight | Upgrade |
| 2021-12-06 | Macquarie | Neutral | Outperform | Upgrade |
| 2021-10-29 | RBC Capital | Underperform | Maintains | |
| 2021-08-02 | Needham | Buy | Hold | Downgrade |
| 2021-08-02 | CLSA | Outperform | Sell | Downgrade |
| 2021-07-28 | Jefferies | Underperform | Hold | Upgrade |
| 2021-07-27 | RBC Capital | Underperform | Maintains | |
| 2021-07-26 | JP Morgan | Overweight | Neutral | Downgrade |
| 2021-07-14 | RBC Capital | Underperform | Initiate | |
| 2021-06-22 | Baird | Neutral | Initiate | |
| 2021-06-16 | B of A Securities | Neutral | Underperform | Downgrade |
| 2021-06-15 | Oppenheimer | Outperform | Maintains | |
| 2021-05-21 | JP Morgan | Neutral | Overweight | Upgrade |
| 2021-05-11 | Citigroup | Neutral | Buy | Upgrade |
| 2021-03-16 | Needham | Hold | Buy | Upgrade |
| 2020-05-01 | Oppenheimer | Perform | Outperform | Upgrade |
| 2020-02-03 | CLSA | Underperform | Initiate | |
| 2020-01-31 | UBS | Buy | Neutral | Downgrade |
| 2019-11-22 | KeyBanc | Sector Weight | Initiate | |
| 2019-07-29 | UBS | Neutral | Buy | Upgrade |
| 2019-07-29 | Goldman Sachs | Neutral | Buy | Upgrade |
| 2019-05-06 | UBS | Neutral | Buy | Upgrade |
| 2019-04-18 | JP Morgan | Underweight | Neutral | Upgrade |
| 2019-03-20 | Deutsche Bank | Hold | Buy | Upgrade |
| 2019-01-25 | JP Morgan | Neutral | Underweight | Downgrade |
| 2018-12-10 | BMO Capital | Market Perform | Outperform | Upgrade |
| 2018-10-26 | BMO Capital | Market Perform | Market Perform | Maintains |
| 2018-04-04 | Citigroup | Buy | Neutral | Downgrade |
| 2018-01-23 | Needham | Underperform | Hold | Upgrade |
| 2017-10-30 | JP Morgan | Overweight | Maintains | |
| 2017-10-27 | BMO Capital | Market Perform | Maintains | |
| 2017-10-27 | Barclays | Underweight | Maintains | |
| 2017-09-25 | Barclays | Underweight | Maintains | |
| 2017-08-02 | Credit Suisse | Outperform | Neutral | Downgrade |
| 2017-08-02 | Citigroup | Neutral | Buy | Upgrade |
| 2017-08-02 | BMO Capital | Market Perform | Maintains | |
| 2017-08-02 | Bank of America | Buy | Neutral | Downgrade |
| 2017-01-24 | JP Morgan | Neutral | Overweight | Upgrade |
| 2016-09-29 | Bank of America | Neutral | Buy | Upgrade |
| 2016-09-19 | JP Morgan | Overweight | Neutral | Downgrade |
| 2016-08-23 | Jefferies | Hold | Underperform | Downgrade |
| 2016-07-29 | Jefferies | Hold | Maintains | |
| 2016-06-27 | Needham | Hold | Underperform | Downgrade |
| 2016-04-28 | Macquarie | Underperform | Neutral | Upgrade |
| 2016-04-27 | PiperJaffray | Overweight | Neutral | Downgrade |
| 2016-04-07 | Barclays | Underweight | Initiate | |
| 2016-01-22 | Credit Suisse | Neutral | Outperform | Upgrade |
| 2016-01-19 | Barclays | Equal-Weight | Underweight | Downgrade |
| 2015-12-17 | Needham | Buy | Hold | Downgrade |
| 2015-09-25 | Goldman Sachs | Neutral | Buy | Upgrade |
| 2015-07-31 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| 2015-06-25 | Barclays | Equal-Weight | Initiate | |
| 2015-04-27 | Macquarie | Outperform | Neutral | Downgrade |
| 2015-04-27 | Goldman Sachs | Buy | Neutral | Downgrade |
| 2015-04-24 | Macquarie | Outperform | Neutral | Downgrade |
| 2015-04-24 | BMO Capital | Market Perform | Maintains | |
| 2015-04-07 | Credit Suisse | Neutral | Outperform | Upgrade |
| 2015-03-25 | Jefferies | Hold | Maintains | |
| 2015-02-02 | BBY | Underperform | Initiate | |
| 2015-01-23 | Needham | Hold | Buy | Upgrade |
| 2014-11-18 | Morgan Stanley | Equal-Weight | Maintains | |
| 2014-10-24 | Morgan Stanley | Equal-Weight | Maintains | |
| 2014-08-01 | Jefferies | Hold | Maintains | |
| 2014-07-03 | Deutsche Bank | Buy | Hold | Downgrade |
| 2014-06-10 | JP Morgan | Neutral | Overweight | Upgrade |
| 2014-05-27 | Northland Securities | Market Perform | Underperform | Downgrade |
| 2014-04-24 | Morgan Stanley | Equal-Weight | Maintains | |
| 2014-04-24 | Deutsche Bank | Hold | Buy | Upgrade |
| 2014-02-28 | Macquarie | Outperform | Upgrade | |
| 2014-02-28 | JP Morgan | Overweight | Neutral | Downgrade |
| 2014-01-24 | William Blair | Outperform | Market Perform | Downgrade |
| 2014-01-24 | BMO Capital | Market Perform | Maintains | |
| 2013-10-25 | UBS | Neutral | Buy | Upgrade |
| 2013-10-25 | Deutsche Bank | Buy | Hold | Downgrade |
| 2013-10-07 | Northland Securities | Market Perform | Initiate | |
| 2013-09-20 | Shaw Stockbroking | Buy | Initiate | |
| 2013-08-26 | Bank of America | Neutral | Buy | Upgrade |
| 2013-08-02 | Deutsche Bank | Hold | Buy | Upgrade |
| 2013-07-30 | UBS | Neutral | Buy | Upgrade |
| 2013-07-16 | Needham | Hold | Initiate | |
| 2013-02-26 | S&P Capital IQ | Buy | Upgrade | |
| 2013-01-25 | Jefferies | Hold | Maintains | |
| 2013-01-25 | Bank of America | Buy | Neutral | Downgrade |
| 2012-10-29 | Jefferies | Hold | Maintains | |
| 2012-08-31 | Morgan Stanley | Overweight | Maintains | |
| 2012-08-07 | CBA | Hold | Buy | Upgrade |
| 2012-08-06 | Feltl & Co. | Hold | Maintains | |
| 2012-08-06 | Credit Suisse | Neutral | Outperform | Upgrade |
| 2012-08-03 | Bank of America | Neutral | Buy | Upgrade |
| 2012-08-01 | Morgan Stanley | Overweight | Maintains | |
| 2012-04-27 | JP Morgan | Overweight | Upgrade | |
| 2012-04-27 | Jefferies | Hold | Maintains | |
| 2012-04-27 | Goldman Sachs | Buy | Upgrade | |
| 2012-04-27 | Feltl & Co. | Buy | Upgrade | |
| 2012-04-27 | Bank oferica | Neutral | Downgrade | |
| 2012-04-13 | Deutsche Bank | Buy | Maintains | |
| 2012-03-28 | Feltl & Co. | Hold | Downgrade | |
| 2023-01-27 | JP Morgan | Overweight | Maintains | |
| 2023-04-14 | Mizuho | Buy | Initiate | |
| 2023-04-13 | Mizuho | Buy | Initiate | |
| 2023-05-22 | UBS | Buy | Initiate | |
| 2023-08-04 | Keybanc | Overweight | Overweight | Maintains |
| 2023-10-27 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| 2024-01-30 | Mizuho | Buy | Buy | Maintains |
| 2023-10-31 | Mizuho | Buy | Buy | Maintains |
| 2024-01-30 | Oppenheimer | Outperform | Outperform | Maintains |
| 2023-09-05 | UBS | Buy | Neutral | Downgrade |
| 2023-08-04 | B of A Securities | Buy | Buy | Maintains |
| 2023-08-04 | RBC Capital | Outperform | Outperform | Reiterate |
| 2023-10-12 | RBC Capital | Outperform | Sector Perform | Downgrade |
| 2024-02-06 | Keybanc | Overweight | Initiate | |
| 2024-01-25 | UBS | Neutral | Neutral | Maintains |
| 2024-01-25 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2023-08-14 | RBC Capital | Outperform | Outperform | Maintains |
| 2023-10-16 | Oppenheimer | Outperform | Outperform | Maintains |
| 2023-09-06 | Needham | Hold | Buy | Upgrade |
| 2023-09-13 | Mizuho | Buy | Buy | Maintains |
| 2023-08-01 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2023-09-29 | Wolfe Research | Outperform | Peer Perform | Downgrade |
| 2023-09-18 | B of A Securities | Buy | Buy | Maintains |
| 2024-03-27 | Mizuho | Buy | Buy | Maintains |
| 2024-04-26 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2024-04-26 | Oppenheimer | Outperform | Outperform | Maintains |
| 2024-01-26 | Mizuho | Buy | Buy | Maintains |
| 2024-04-01 | Needham | Buy | Buy | Maintains |
| 2024-01-09 | JP Morgan | Overweight | Overweight | Maintains |
| 2024-01-25 | Needham | Buy | Buy | Maintains |
| 2024-04-26 | Keybanc | Overweight | Overweight | Maintains |
| 2024-04-26 | Needham | Buy | Buy | Maintains |
| 2024-06-25 | Oppenheimer | Outperform | Perform | Downgrade |
| 2024-06-24 | Needham | Buy | Buy | Reiterate |
| 2024-06-24 | Citigroup | Buy | Neutral | Downgrade |
| 2024-08-02 | Needham | Buy | Buy | Reiterate |
| 2025-08-01 | UBS | Buy | Buy | Maintains |
| 2025-08-01 | RBC Capital | Outperform | Outperform | Maintains |
| 2025-08-01 | Stifel | Hold | Hold | Maintains |
| 2025-08-01 | Mizuho | Outperform | Outperform | Maintains |
| 2025-08-01 | Keybanc | Overweight | Overweight | Maintains |
| 2025-08-01 | Piper Sandler | Neutral | Neutral | Maintains |
| 2024-10-25 | Baird | Outperform | Outperform | Maintains |
| 2024-10-25 | Needham | Hold | Reiterate | |
| 2025-07-16 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2025-07-16 | Mizuho | Outperform | Outperform | Maintains |
| 2024-09-04 | Needham | Buy | Hold | Downgrade |
| 2025-03-05 | Stifel | Hold | Hold | Maintains |
| 2025-03-05 | Citigroup | Neutral | Buy | Upgrade |
| 2024-08-02 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2024-08-02 | Keybanc | Overweight | Overweight | Maintains |
| 2024-12-13 | Stifel | Hold | Initiate | |
| 2025-01-31 | Needham | Hold | Hold | Reiterate |
| 2024-09-26 | B of A Securities | Buy | Buy | Maintains |
| 2024-07-23 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2025-01-31 | Piper Sandler | Neutral | Neutral | Maintains |
| 2025-01-31 | Keybanc | Overweight | Overweight | Maintains |
| 2025-01-31 | JP Morgan | Overweight | Overweight | Maintains |
| 2024-10-25 | Keybanc | Overweight | Overweight | Maintains |
| 2024-10-25 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2025-01-10 | Piper Sandler | Neutral | Initiate | |
| 2024-09-18 | Needham | Hold | Reiterate | |
| 2024-09-18 | Wolfe Research | Peer Perform | Underperform | Downgrade |
| 2024-10-01 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2024-10-01 | Needham | Hold | Reiterate | |
| 2024-09-24 | Baird | Outperform | Initiate | |
| 2025-04-24 | JP Morgan | Overweight | Overweight | Maintains |
| 2025-04-24 | UBS | Buy | Buy | Maintains |
| 2025-04-24 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2025-04-24 | Piper Sandler | Neutral | Neutral | Maintains |
| 2025-04-24 | Keybanc | Overweight | Overweight | Maintains |
| 2025-04-21 | Keybanc | Overweight | Overweight | Maintains |
