Rimini Street, Inc. (RMNI)
NASDAQ: RMNI · IEX Real-Time Price · USD
2.880
+0.020 (0.70%)
Apr 15, 2024, 4:00 PM EDT - 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 3.00, which predicts an increase of 4.17% from the current stock price of 2.88.
Analyst Consensus: Hold
* Price targets were last updated on Jul 27, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Rimini Street is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $3 | Strong Buy → Hold | Downgrades | $3 | +4.17% | Jul 27, 2023 |
| Alliance Global Partners | Alliance Global Partners | Hold → Strong Buy Upgrades $8.5 | Hold → Strong Buy | Upgrades | $8.5 | +195.14% | Mar 3, 2022 |
| Roth Capital | Roth Capital | Hold → Strong Buy Upgrades $8 | Hold → Strong Buy | Upgrades | $8 | +177.78% | 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 |
| Cowen & Co. | Cowen & Co. | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Nov 4, 2021 |
Financial Forecast
Revenue This Year
444.90M
from 431.50M
Increased by 3.11%
Revenue Next Year
480.76M
from 444.90M
Increased by 8.06%
EPS This Year
0.46
from 0.29
Increased by 57.10%
EPS Next Year
0.59
from 0.46
Increased by 29.85%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 469.9M | 499.8M |
| Avg | 444.9M | 480.8M |
| Low | 401.7M | 457.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 8.9% | 12.3% |
| Avg | 3.1% | 8.1% |
| Low | -6.9% | 2.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.54 | 0.61 |
| Avg | 0.46 | 0.59 |
| Low | 0.33 | 0.57 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 84.7% | 33.7% |
| Avg | 57.1% | 29.8% |
| Low | 14.9% | 24.8% |
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.