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Asset logo for symbol RMD
ResMed
RMD78
$244.87arrow_drop_up0.03%$0.09
High Quality
S&P500
Asset logo for symbol RMD
RMD78

$244.87

arrow_drop_up0.03%

AI Deep-Learning Forecast (RMD)

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

ResMed (RMD) Stocklytics Forecast

ResMed Inc (RMD) is a leading medical device company specializing in the treatment of sleep apnea and other respiratory disorders. The company's stock price has been steadily increasing over the past few years, and many analysts believe that this trend will continue in the future. According to AI price prediction models and machine learning algorithms, ResMed Inc's stock price is expected to experience positive growth over the next few years. These models take into account various factors such as historical data, market trends, and industry performance to generate accurate forecasts.
Based on these predictions, ResMed Inc's stock price forecast for 2023 looks promising. Analysts have also set a price target for the company's stock, indicating their expectation of where the stock price will reach in the future. The average price target for ResMed Inc is expected to be higher than the current stock price, suggesting that it may be a good buy for investors. However, it is important to note that these price targets are based on analysts' opinions and should be taken with a grain of salt.
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Frequently Asked Questions

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What is the analyst price prediction for ResMed (RMD) stock?

Analysts have set a target price of $225.17 for ResMed (RMD), based on forecasts from 29 analysts. The predicted price range extends from a high of $290 to a low of $160. This represents a potential increase of up to 18.43% and a decrease of -34.66% from the current price of $244.87. These forecasts are as of 2022 Oct 20.
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What are the analyst ratings for ResMed (RMD) stock?

The analyst ratings for ResMed (RMD) are distributed as follows: 4 analysts recommend buying, 2 have a neutral stance, and 4 suggest selling. There is a split consensus, with equal support for two of the rating categories. These ratings indicate the general sentiment among the analysts covering ResMed .
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What is the AI price prediction for ResMed (RMD) stock?

At present, there is no AI or machine-learning-based price prediction available for ResMed (RMD) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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