Fintel reports that on October 13, 2025, Wells Fargo initiated coverage of ResMed (NYSE:RMD) with a Equal-Weight recommendation.
Analyst Price Forecast Suggests 8.54% Upside
As of September 29, 2025, the average one-year price target for ResMed is $295.22/share. The forecasts range from a low of $217.15 to a high of $341.25. The average price target represents an increase of 8.54% from its latest reported closing price of $272.00 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for ResMed is 4,804MM, a decrease of 6.65%. The projected annual non-GAAP EPS is 8.94.
What is the Fund Sentiment?
There are 1,697 funds or institutions reporting positions in ResMed. This is an increase of 85 owner(s) or 5.27% in the last quarter. Average portfolio weight of all funds dedicated to RMD is 0.23%, an increase of 0.98%. Total shares owned by institutions decreased in the last three months by 1.50% to 103,164K shares. 
The put/call ratio of RMD is 3.68, indicating a bearish outlook.
What are Other Shareholders Doing?
Bank of New York Mellon holds 5,046K shares representing 3.46% ownership of the company. In its prior filing, the firm reported owning 5,204K shares , representing a decrease of 3.14%. The firm increased its portfolio allocation in RMD by 6.59% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 4,714K shares representing 3.23% ownership of the company. In its prior filing, the firm reported owning 4,644K shares , representing an increase of 1.49%. The firm increased its portfolio allocation in RMD by 4.38% over the last quarter.
Geode Capital Management holds 4,215K shares representing 2.89% ownership of the company. In its prior filing, the firm reported owning 4,116K shares , representing an increase of 2.34%. The firm increased its portfolio allocation in RMD by 5.13% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 4,161K shares representing 2.85% ownership of the company. In its prior filing, the firm reported owning 4,081K shares , representing an increase of 1.92%. The firm increased its portfolio allocation in RMD by 4.40% over the last quarter.
VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 3,236K shares representing 2.22% ownership of the company. In its prior filing, the firm reported owning 3,163K shares , representing an increase of 2.27%. The firm increased its portfolio allocation in RMD by 7.62% over the last quarter.
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