Rimini Street, Inc. (RMNI)
NASDAQ: RMNI · Real-Time Price · USD
2.520
+0.010 (0.40%)
Dec 20, 2024, 4:00 PM EST - Market closed
Rimini Street Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Rimini Street stock has a target of 6.00, which predicts an increase of 138.10% from the current stock price of 2.52.
Analyst Consensus: Buy
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 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 | 1 | 1 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $2 → $6 | Hold → Strong Buy | Upgrades | $2 → $6 | +138.10% | Dec 17, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jul 31, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $5.5 → $4.5 | Strong Buy | Maintains | $5.5 → $4.5 | +78.57% | May 3, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $3 | Strong Buy → Hold | Downgrades | $3 | +19.05% | Jul 27, 2023 |
| Alliance Global Partners | Alliance Global Partners | Hold → Strong Buy Upgrades $8.5 | Hold → Strong Buy | Upgrades | $8.5 | +237.30% | Mar 3, 2022 |
Financial Forecast
Revenue This Year
425.17M
from 431.50M
Decreased by -1.47%
Revenue Next Year
399.94M
from 425.17M
Decreased by -5.93%
EPS This Year
0.47
from 0.29
Increased by 61.79%
EPS Next Year
0.34
from 0.47
Decreased by -28.26%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 442.4M | 435.7M |
| Avg | 425.2M | 399.9M |
| Low | 404.4M | 367.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 2.5% | 2.5% |
| Avg | -1.5% | -5.9% |
| Low | -6.3% | -13.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.51 | 0.38 |
| Avg | 0.47 | 0.34 |
| Low | 0.43 | 0.30 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 77.4% | -19.4% |
| Avg | 61.8% | -28.3% |
| Low | 48.7% | -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.