ResMed Inc

RMD: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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ResMed: GLP-1s Are a Headwind, Not an Existential Threat

Lochlan Halloway , Oriana Pham

Oct 22, 2026

We have taken a fresh look at ResMed following the transfer of coverage, focusing on what GLP-1 weight-loss drugs mean for its long-term growth. The market fears the drugs will shrink the pool of sleep apnea patients who need a continuous positive airway pressure device.

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ResMed Inc

ResMed: GLP-1s Are a Headwind, Not an Existential Threat

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