Rimini Street (RMNI) Stock Forecast, Price Target & Predictions
RMNI Stock Forecast
Rimini Street stock forecast is as follows: an average price target of $5.75 (represents a 197.93% upside from RMNI’s last price of $1.93) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
RMNI Price Target
The average price target for Rimini Street (RMNI) is $5.75 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $8.50 to $3.00. This represents a potential 197.93% upside from RMNI's last price of $1.93.
RMNI Analyst Ratings
According to 6 Wall Street analysts, Rimini Street's rating consensus is 'Buy'. The analyst rating breakdown for RMNI stock is 0 'Strong Buy' (0.00%), 3 'Buy' (50.00%), 3 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Rimini Street Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 31, 2024 | Brian Kinstlinger | Industrial Alliance Securities | $3.00 | $2.35 | 27.66% | 55.44% |
| May 03, 2024 | Brian Kinstlinger | Industrial Alliance Securities | $4.50 | $2.61 | 72.41% | 133.16% |
| Mar 03, 2022 | Brian Kinstlinger | Alliance Global Partners | $8.50 | $5.72 | 48.60% | 340.41% |
The latest Rimini Street stock forecast, released on Jul 31, 2024 by Brian Kinstlinger from Industrial Alliance Securities, set a price target of $3.00, which represents a 27.66% increase from the stock price at the time of the forecast ($2.35), and a 55.44% increase from RMNI last price ($1.93).
Rimini Street Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $3.75 |
| Last Closing Price | $1.93 | $1.93 | $1.93 |
| Upside/Downside | -100.00% | -100.00% | 94.30% |
In the current month, the average price target of Rimini Street stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Rimini Street's last price of $1.93. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 31, 2024 | Alliance Global Partners | Buy | Neutral | Downgrade |
| May 03, 2024 | Cowen & Co. | Hold | Hold | Hold |
| May 03, 2024 | Alliance Global Partners | Buy | Buy | Hold |
| Jul 27, 2023 | William Blair | - | Outperform | Initialise |
| Jul 27, 2023 | BMO Capital | - | Market Perform | Initialise |
| Jul 27, 2023 | B. Riley | - | Buy | Initialise |
| Jul 27, 2023 | Scotiabank | - | Sector Outperform | Initialise |
| Jul 27, 2023 | B. Riley Securities | - | Buy | Initialise |
| Mar 03, 2022 | Alliance Global Partners | - | Buy | Upgrade |
Rimini Street's last stock rating was published by Alliance Global Partners on Jul 31, 2024. The company Downgrade its RMNI rating from "Buy" to "Neutral".
Rimini Street Financial Forecast
Rimini Street Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Sep 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $112.11M | $107.45M | - | $105.51M | $108.62M | $101.93M | $101.20M | $97.91M | $99.28M | $95.64M | $91.61M | $87.89M | $87.83M | $82.52M | $78.40M | $78.03M | $77.88M | $68.95M | $67.96M | $66.26M | $59.80M | - |
| Avg Forecast | $99.09M | $98.20M | $96.85M | $98.08M | $102.51M | $101.12M | $105.43M | $106.53M | $109.64M | $106.38M | $105.69M | $102.33M | $103.91M | $101.94M | $99.24M | $95.64M | $96.31M | $94.92M | $89.88M | $88.23M | $83.27M | $79.68M | $78.48M | $76.30M | $72.04M | $69.41M | $66.74M | $65.42M | $19.93M | $339.47M |
| High Forecast | $101.13M | $100.22M | $98.85M | $100.11M | $104.62M | $101.12M | $105.43M | $106.53M | $111.90M | $106.42M | $107.87M | $104.44M | $106.05M | $101.94M | $99.24M | $95.64M | $96.31M | $94.92M | $89.88M | $88.23M | $83.27M | $79.68M | $78.48M | $76.30M | $72.04M | $69.41M | $66.74M | $65.42M | $23.92M | $407.36M |
| Low Forecast | $97.48M | $96.60M | $95.28M | $96.49M | $100.84M | $101.12M | $105.43M | $106.53M | $107.86M | $106.35M | $103.97M | $100.67M | $102.22M | $101.94M | $99.24M | $95.64M | $96.31M | $94.92M | $89.88M | $88.23M | $83.27M | $79.68M | $78.48M | $76.30M | $72.04M | $69.41M | $66.74M | $65.42M | $15.95M | $271.57M |
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | 1.02% | 1.01% | - | 1.03% | 1.05% | 1.00% | 1.02% | 1.02% | 1.03% | 1.01% | 1.02% | 1.00% | 1.05% | 1.04% | 1.00% | 1.02% | 1.08% | 0.99% | 1.02% | 1.01% | 3.00% | - |
Rimini Street's average Quarter revenue forecast for Mar 24 based on 1 analysts is $106.53M, with a low forecast of $106.53M, and a high forecast of $106.53M. RMNI's average Quarter revenue forecast represents a -4.98% decrease compared to the company's last Quarter revenue of $112.11M (Dec 23).
Rimini Street EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Sep 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | $11.55M | $11.24M | - | $13.99M | $15.46M | $8.95M | $9.23M | $11.24M | $16.03M | $6.44M | $9.92M | $158.00K | $7.00M | $6.60M | $6.55M | $5.48M | $1.29M | $2.71M | $5.30M | $13.26M | $17.92M | $660.67K |
| Avg Forecast | $6.75M | $6.69M | $6.60M | $6.68M | $6.98M | $6.89M | $7.18M | $7.26M | $7.47M | $7.25M | $7.20M | $6.97M | $7.08M | $10.50M | $10.22M | $4.85M | $9.92M | $9.77M | $9.26M | $145.76K | $8.58M | $8.21M | $8.08M | $3.58M | $7.42M | $7.15M | $6.87M | $17.67M | $17.92M | $-572.87K |
| High Forecast | $6.89M | $6.83M | $6.73M | $6.82M | $7.13M | $6.89M | $7.18M | $7.26M | $7.62M | $7.25M | $7.35M | $7.11M | $7.22M | $10.50M | $10.22M | $5.82M | $9.92M | $9.77M | $9.26M | $174.92K | $8.58M | $8.21M | $8.08M | $4.29M | $7.42M | $7.15M | $6.87M | $21.21M | $21.50M | $-458.30K |
| Low Forecast | $6.64M | $6.58M | $6.49M | $6.57M | $6.87M | $6.89M | $7.18M | $7.26M | $7.35M | $7.24M | $7.08M | $6.86M | $6.96M | $10.50M | $10.22M | $3.88M | $9.92M | $9.77M | $9.26M | $116.61K | $8.58M | $8.21M | $8.08M | $2.86M | $7.42M | $7.15M | $6.87M | $14.14M | $14.33M | $-687.44K |
| Surprise % | - | - | - | - | - | - | - | - | 1.55% | 1.55% | - | 2.01% | 2.18% | 0.85% | 0.90% | 2.32% | 1.62% | 0.66% | 1.07% | 1.08% | 0.82% | 0.80% | 0.81% | 1.53% | 0.17% | 0.38% | 0.77% | 0.75% | 1.00% | -1.15% |
1 analysts predict RMNI's average Quarter EBITDA for Mar 24 to be $7.26M, with a high of $7.26M and a low of $7.26M. This is -37.15% lower than Rimini Street's previous annual EBITDA (Dec 23) of $11.55M.
Rimini Street Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Sep 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 7 |
| Net Income | - | - | - | - | - | - | - | - | $9.35M | $6.80M | - | $5.64M | $-5.27M | $-405.00K | $110.00K | $3.09M | $70.06M | $1.93M | $6.81M | $-3.58M | $3.66M | $3.31M | $3.47M | $2.54M | $-121.00K | $1.74M | $4.09M | $11.82M | $3.51M | $-37.62K |
| Avg Forecast | $7.87M | $7.56M | $7.26M | $7.26M | $9.08M | $4.31M | $7.72M | $9.30M | $9.30M | $7.94M | $8.40M | $6.81M | $5.45M | $10.56M | $10.26M | $2.43M | $8.60M | $9.28M | $6.56M | $-3.30M | $1.27M | - | $3.42M | $1.66M | $-7.95M | $-6.23M | $-3.05M | $15.77M | $3.51M | $-62.37K |
| High Forecast | $8.08M | $7.77M | $7.46M | $7.46M | $10.73M | $4.33M | $7.92M | $9.33M | $9.55M | $7.97M | $8.62M | $6.99M | $5.59M | $10.56M | $10.26M | $2.92M | $8.60M | $9.28M | $6.56M | $-2.64M | $1.27M | - | $3.42M | $1.99M | $-7.95M | $-6.23M | $-3.05M | $18.92M | $4.21M | $-49.89K |
| Low Forecast | $7.70M | $7.40M | $7.11M | $7.11M | $6.60M | $4.29M | $7.55M | $9.28M | $8.53M | $7.92M | $8.22M | $6.66M | $5.33M | $10.56M | $10.26M | $1.95M | $8.60M | $9.28M | $6.56M | $-3.96M | $1.27M | - | $3.42M | $1.33M | $-7.95M | $-6.23M | $-3.05M | $12.61M | $2.81M | $-74.84K |
| Surprise % | - | - | - | - | - | - | - | - | 1.00% | 0.86% | - | 0.83% | -0.97% | -0.04% | 0.01% | 1.27% | 8.15% | 0.21% | 1.04% | 1.08% | 2.89% | - | 1.02% | 1.53% | 0.02% | -0.28% | -1.34% | 0.75% | 1.00% | 0.60% |
Rimini Street's average Quarter net income forecast for Mar 24 is $9.30M, with a range of $9.28M to $9.33M. RMNI's average Quarter net income forecast represents a -0.50% decrease compared to the company's last Quarter net income of $9.35M (Dec 23).
Rimini Street SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Sep 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 7 |
| SG&A | - | - | - | - | - | - | - | - | $54.11M | $56.10M | - | $52.71M | $57.28M | $54.39M | $55.07M | $51.65M | $47.87M | $48.16M | $49.65M | $46.99M | $44.36M | $42.22M | $39.97M | $41.33M | $44.05M | $37.19M | $37.61M | $35.80M | $31.01M | $22.81M |
| Avg Forecast | $51.68M | $51.22M | $50.52M | $51.16M | $53.47M | $52.75M | $54.99M | $55.56M | $57.19M | $55.49M | $55.13M | $53.37M | $54.20M | $53.17M | $51.76M | $43.45M | $50.24M | $49.51M | $46.88M | $43.35M | $43.43M | $41.56M | $40.93M | $27.00M | $37.57M | $36.20M | $34.81M | $47.73M | $10.40M | $37.81M |
| High Forecast | $52.75M | $52.28M | $51.56M | $52.22M | $54.57M | $52.75M | $54.99M | $55.56M | $58.37M | $55.51M | $56.26M | $54.47M | $55.32M | $53.17M | $51.76M | $52.14M | $50.24M | $49.51M | $46.88M | $52.02M | $43.43M | $41.56M | $40.93M | $32.40M | $37.57M | $36.20M | $34.81M | $57.28M | $12.48M | $45.37M |
| Low Forecast | $50.84M | $50.39M | $49.70M | $50.33M | $52.60M | $52.74M | $54.99M | $55.56M | $56.26M | $55.47M | $54.23M | $52.51M | $53.32M | $53.17M | $51.76M | $34.76M | $50.24M | $49.51M | $46.88M | $34.68M | $43.43M | $41.56M | $40.93M | $21.60M | $37.57M | $36.20M | $34.81M | $38.19M | $8.32M | $30.25M |
| Surprise % | - | - | - | - | - | - | - | - | 0.95% | 1.01% | - | 0.99% | 1.06% | 1.02% | 1.06% | 1.19% | 0.95% | 0.97% | 1.06% | 1.08% | 1.02% | 1.02% | 0.98% | 1.53% | 1.17% | 1.03% | 1.08% | 0.75% | 2.98% | 0.60% |
Rimini Street's average Quarter SG&A projection for Mar 24 is $55.56M, based on 1 Wall Street analysts, with a range of $55.56M to $55.56M. The forecast indicates a 2.69% rise compared to RMNI last annual SG&A of $54.11M (Dec 23).
Rimini Street EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Sep 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 7 |
| EPS | - | - | - | - | - | - | - | - | $0.10 | $0.08 | - | $0.06 | $-0.06 | $-0.00 | - | $0.04 | $0.81 | $-0.08 | $-0.06 | $-0.13 | $-0.04 | $-0.05 | $-0.05 | $-0.06 | $-0.10 | $-0.07 | $-0.03 | $0.07 | $0.06 | $-0.37 |
| Avg Forecast | $0.09 | $0.08 | $0.08 | $0.08 | $0.10 | $0.05 | $0.09 | $0.10 | $0.10 | $0.09 | $0.09 | $0.07 | $0.06 | $0.12 | $0.11 | $0.11 | $0.10 | $0.10 | $0.07 | $0.09 | $0.01 | - | $0.04 | $0.03 | $-0.09 | $-0.07 | $-0.03 | $-0.01 | $-0.08 | $-0.32 |
| High Forecast | $0.09 | $0.09 | $0.08 | $0.08 | $0.12 | $0.05 | $0.09 | $0.10 | $0.11 | $0.09 | $0.09 | $0.08 | $0.06 | $0.12 | $0.11 | $0.11 | $0.10 | $0.10 | $0.07 | $0.09 | $0.01 | - | $0.04 | $0.03 | $-0.09 | $-0.07 | $-0.03 | $-0.01 | $-0.06 | $-0.25 |
| Low Forecast | $0.08 | $0.08 | $0.08 | $0.08 | $0.07 | $0.05 | $0.08 | $0.10 | $0.09 | $0.09 | $0.09 | $0.07 | $0.06 | $0.12 | $0.11 | $0.11 | $0.10 | $0.10 | $0.07 | $0.09 | $0.01 | - | $0.04 | $0.03 | $-0.09 | $-0.07 | $-0.03 | $-0.01 | $-0.10 | $-0.38 |
| Surprise % | - | - | - | - | - | - | - | - | 0.98% | 0.87% | - | 0.85% | -1.00% | -0.04% | 0.01% | 0.36% | 8.53% | -0.78% | -0.83% | -1.49% | -2.86% | - | -1.32% | -1.89% | 1.14% | 1.02% | 0.89% | -9.88% | -0.75% | 1.16% |
According to 1 Wall Street analysts, Rimini Street's projected average Quarter EPS for Mar 24 is $0.10, with a low estimate of $0.10 and a high estimate of $0.10. This represents a 2.50% increase compared to RMNI previous annual EPS of $0.10 (Dec 23).