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ResMed Inc. (RMD) Gains Analyst Confidence as Price Targets Rise on Strong Earnings
ResMed Inc. (RMD) has received increased price targets from KeyBanc Capital Markets and RBC Capital Markets following strong Q2 fiscal 2026 results. Both firms cited strong revenue growth, outperformance in hardware segments (Masks & Accessories, Devices), and improved profitability expectations as reasons for their continued confidence and “Overweight” or “Outperform” ratings. The company’s performance, particularly its double-digit growth in revenue and earnings, has bolstered analyst confidence despite underwhelming SaaS figures.