40.4% Below Target

The consensus Wall Street price target for RMD is $264.86, representing 40.4% upside from the current price of $188.63. With 35 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

RMD has a consensus rating of "Buy" based on 35 Wall Street analysts. The rating breakdown is mixed, with 15 Hold ratings making up the largest segment. The consensus 12-month price target of $264.86 implies 40.4% upside from current levels.

With a forward P/E of 16.9769x, RMD trades at a relatively low valuation. The consensus target of $264.86 implies 40.4% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $314 for RMD, while the most conservative target is $225. The consensus of $264.86 represents the median expectation. Our quantitative valuation model projects a bull case target of $312 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

RMD is heavily covered by Wall Street, with 35 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 15 have Buy ratings, 15 recommend Hold, and 5 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month RMD stock forecast based on 35 Wall Street analysts shows a consensus price target of $264.86, with estimates ranging from $225 (bear case) to $314 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $237, with bear/bull scenarios of $149/$312.

Our quantitative valuation model calculates RMD's fair value at $237 (base case), with a bear case of $149 and bull case of $312. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 62/100.

RMD trades at a forward P/E ratio of 17.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 19.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on RMD, with a "Buy" consensus rating and $264.86 price target (40.4% upside). 15 of 35 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

RMD analyst price targets range from $225 to $314, a 34% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $264.86 consensus represents the middle ground. Our model's $149-$312 range provides an independent fundamental perspective.