ResMed
About: ResMed is one of the largest respiratory care device companies globally, primarily developing and supplying flow generators, masks and accessories for the treatment of sleep apnea. Increasing diagnosis of sleep apnea combined with ageing populations and increasing prevalence of obesity is resulting in a structurally growing market. The company earns roughly two thirds of its revenue in the Americas and the balance across other regions dominated by Europe, Japan and Australia. Recent developments and acquisitions have focused on digital health as ResMed is aiming to differentiate itself through the provision of clinical data for use by the patient, medical care advisor and payer in the out-of-hospital setting.
Employees: 9,980
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
64% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 73
14% more funds holding in top 10
Funds holding in top 10: 7 [Q1] → 8 (+1) [Q2]
14% more capital invested
Capital invested by funds: $20.8B [Q1] → $23.7B (+$2.83B) [Q2]
3% more funds holding
Funds holding: 871 [Q1] → 900 (+29) [Q2]
9% more repeat investments, than reductions
Existing positions increased: 346 | Existing positions reduced: 317
0.85% less ownership
Funds ownership: 63.44% [Q1] → 62.59% (-0.85%) [Q2]
49% less call options, than puts
Call options by funds: $76.1M | Put options by funds: $149M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Mizuho
Anthony Petrone
|
5%
upside
$290
|
Outperform
Maintained
|
1 Aug 2025 |
Stifel
Jonathan Block
|
1%
downside
$270
|
Hold
Maintained
|
1 Aug 2025 |
RBC Capital
Craig Wong-Pan
|
9%
upside
$300
|
Outperform
Maintained
|
1 Aug 2025 |
UBS
Laura Sutcliffe
|
18%
upside
$325
|
Buy
Maintained
|
1 Aug 2025 |
Keybanc
Brett Fishbin
|
8%
upside
$298
|
Overweight
Maintained
|
1 Aug 2025 |
Piper Sandler
Adam Maeder
|
1%
downside
$270
|
Neutral
Maintained
|
1 Aug 2025 |
Financial journalist opinion
Based on 14 articles about RMD published over the past 30 days