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 219.44% upside from RMNI’s last price of $1.80) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
RMNI Price Target
RMNI Analyst Ratings
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% | 66.67% |
May 03, 2024 | Brian Kinstlinger | Industrial Alliance Securities | $4.50 | $2.61 | 72.41% | 150.00% |
Mar 03, 2022 | Brian Kinstlinger | Alliance Global Partners | $8.50 | $5.72 | 48.60% | 372.22% |
Rimini Street Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 2 |
Avg Price Target | - | - | $3.75 |
Last Closing Price | $1.80 | $1.80 | $1.80 |
Upside/Downside | -100.00% | -100.00% | 108.33% |
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 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 | $100.66M | $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 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 | $10.20M | $10.11M | $9.97M | $10.10M | $10.56M | $10.41M | $10.86M | $10.97M | $11.29M | $10.96M | $10.88M | $10.54M | $10.70M | $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 | $10.41M | $10.32M | $10.18M | $10.31M | $10.77M | $10.41M | $10.86M | $10.97M | $11.52M | $10.96M | $11.11M | $10.75M | $10.92M | $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 | $10.04M | $9.95M | $9.81M | $9.94M | $10.38M | $10.41M | $10.86M | $10.97M | $11.11M | $10.95M | $10.71M | $10.37M | $10.53M | $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 % | - | - | - | - | - | - | - | - | 1.02% | 1.03% | - | 1.33% | 1.44% | 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% |
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 | $9.32M | $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 | $8.89M | $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 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 | $52.27M | $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 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 | $0.10 | $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 | $0.10 | $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% |
RMNI Forecast FAQ
Is Rimini Street a good buy?
Yes, according to 6 Wall Street analysts, Rimini Street (RMNI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 50.00% of RMNI's total ratings.
What is RMNI's price target?
Rimini Street (RMNI) average price target is $5.75 with a range of $3 to $8.5, implying a 219.44% from its last price of $1.8. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Rimini Street stock go up soon?
According to Wall Street analysts' prediction for RMNI stock, the company can go up by 219.44% (from the last price of $1.8 to the average price target of $5.75), up by 372.22% based on the highest stock price target, and up by 66.67% based on the lowest stock price target.
Can Rimini Street stock reach $3?
RMNI's average twelve months analyst stock price target of $5.75 supports the claim that Rimini Street can reach $3 in the near future.
What are Rimini Street's analysts' financial forecasts?
Rimini Street's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $415.59M (high $417.7M, low $413.92M), average EBITDA is $42.8M (high $43.01M, low $42.62M), average net income is $30.41M (high $30.91M, low $30.01M), average SG&A $216.77M (high $217.87M, low $215.9M), and average EPS is $0.335 (high $0.34, low $0.331). RMNI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $392.22M (high $400.31M, low $385.84M), average EBITDA is $40.39M (high $41.22M, low $39.73M), average net income is $29.96M (high $30.76M, low $29.32M), average SG&A $204.58M (high $208.8M, low $201.25M), and average EPS is $0.33 (high $0.339, low $0.323).
Did the RMNI's actual financial results beat the analysts' financial forecasts?
Based on Rimini Street's last annual report (Dec 2023), the company's revenue was $431.5M, beating the average analysts forecast of $424.04M by 1.76%. Apple's EBITDA was $43.76M, beating the average prediction of $43.67M by 0.22%. The company's net income was $26.06M, missing the average estimation of $32.45M by -19.70%. Apple's SG&A was $222.42M, beating the average forecast of $221.18M by 0.56%. Lastly, the company's EPS was $0.29, missing the average prediction of $0.357 by -18.88%. In terms of the last quarterly report (Dec 2023), Rimini Street's revenue was $112.11M, beating the average analysts' forecast of $109.64M by 2.25%. The company's EBITDA was $11.55M, beating the average prediction of $11.29M by 2.27%. Rimini Street's net income was $9.35M, beating the average estimation of $9.3M by 0.50%. The company's SG&A was $54.11M, missing the average forecast of $57.19M by -5.39%. Lastly, the company's EPS was $0.1, missing the average prediction of $0.102 by -2.44%