ResMed Stock: Analyst Estimates & Ratings

ResMed (RMD) reported Q4 FY2026 results on Aug. 6. Quarterly revenue rose 9% to $1.5B and non-GAAP EPS increased 16% to $2.95. Full-year revenue grew 10% and free cash flow exceeded $1.6B. The company cited sleep growth drivers but said Astral sales were paused due to a field safety action, with a $42M provision.

ResMed (RMD) issued its first full annual guidance for FY27, targeting $5.75B to $5.85B revenue and non-GAAP EPS of $12.00 to $12.25, with 5% to 7% core constant-currency revenue growth and 12% to 14% core EPS growth after an Astral ventilator sales suspension. Q4 results included $1.5B revenue and $2.95 non-GAAP EPS. Analysts’ mean target is $247.20 vs. $224.46 close.

ResMed reported fiscal 2026 net revenue of $5.65B, up 9.9% from $5.15B, with net income of $1.52B and diluted EPS of $10.43, according to its FY2026 10-K. The company cited device and mask growth, gross margin rising to 61.1%, R&D of $378M, and moves including acquiring Noctrix and divesting MatrixCare.

ResMed said it expects to generate $1.65 billion in free cash flow in fiscal 2026 and return more than $1.85 billion to shareholders via dividends and buybacks in fiscal 2027. In fiscal 2026, revenue rose 10% to $5.65 billion, non-GAAP diluted EPS rose 17% to $11.17, and the quarterly dividend increased 10% to $0.66. Q4 revenue was about $1.46 billion. ResMed also agreed to sell MatrixCare and completed the Noctrix Health acquisition.

ResMed shares fell about 7% after the company forecast softer FY27 revenue due to suspended Astral ventilator sales, macro uncertainty, and inflation in electronic components and freight. ResMed reported FY26 revenue of about $5.65bn (+10% YoY) and Q4 revenue of $1.46bn (+9%). FY27 revenue guidance is $5.75bn to $5.85bn, below analysts’ $5.92bn, citing a $75m headwind from an FDA Class 1 recall.

ResMed (ASX:RMD) fell 8.29% on Friday and is 3.09% lower for the week after a strong run. The company reported a solid Q4, with FY26 revenue up 10% to $5.7b, gross Q4 margin 62.3%, FY EPS up 17% to $11.17, and a 10% dividend increase to $0.66. Morgan Stanley downgraded to Equal Weight and cut its price target, citing cooling growth and Philips’ potential US return in 2027.