Rimini Street, Inc. (RMNI)
NASDAQ: RMNI · IEX Real-Time Price · USD
3.010
-0.060 (-1.95%)
At close: Jul 19, 2024, 4:00 PM
3.130
+0.120 (3.99%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Rimini Street Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Rimini Street stock have an average target of 3.75, with a low estimate of 3.00 and a high estimate of 4.50. The average target predicts an increase of 24.58% from the current stock price of 3.01.
Analyst Consensus: Buy
* Price targets were last updated on May 3, 2024.
Analyst Ratings
The average analyst rating for Rimini Street stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $5.5 → $4.5 | Strong Buy | Maintains | $5.5 → $4.5 | +49.50% | May 3, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $3 | Strong Buy → Hold | Downgrades | $3 | -0.33% | Jul 27, 2023 |
| Alliance Global Partners | Alliance Global Partners | Hold → Strong Buy Upgrades $8.5 | Hold → Strong Buy | Upgrades | $8.5 | +182.39% | Mar 3, 2022 |
| Roth Capital | Roth Capital | Hold → Strong Buy Upgrades $8 | Hold → Strong Buy | Upgrades | $8 | +165.78% | Jan 19, 2022 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 4, 2021 |
Financial Forecast
Revenue This Year
438.07M
from 431.50M
Increased by 1.52%
Revenue Next Year
453.78M
from 438.07M
Increased by 3.59%
EPS This Year
0.36
from 0.29
Increased by 25.45%
EPS Next Year
0.38
from 0.36
Increased by 4.67%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 456.7M | 476.3M |
| Avg | 438.1M | 453.8M |
| Low | 410.2M | 418.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 5.8% | 8.7% |
| Avg | 1.5% | 3.6% |
| Low | -4.9% | -4.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.44 | 0.48 |
| Avg | 0.36 | 0.38 |
| Low | 0.26 | 0.24 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 52.1% | 32.8% |
| Avg | 25.4% | 4.7% |
| Low | -8.8% | -35.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.