Rimini Street (RMNI) Stock Price, News & Analysis

Company Overview

Rimini Street, Inc. (NASDAQ: RMNI) is a provider of enterprise software support services, specializing in third-party maintenance for mission-critical applications from leading technology vendors. The company offers comprehensive support for ERP, CRM and database environments, with coverage for systems from providers such as Oracle and SAP. Through its proactive system monitoring, performance tuning, regulatory and tax update services, Rimini Street aims to extend the lifecycle of enterprise applications while delivering service levels comparable to or exceeding those of original software vendors.

Founded in 2005 by technology entrepreneur Seth Ravin, Rimini Street has grown from a startup into a publicly traded company following its initial public offering in March 2018. Headquartered in Las Vegas, Nevada, the company was established to challenge traditional vendor support models by providing more flexible agreements, faster response times and substantial cost savings for large organizations and government agencies. Over the years, Rimini Street has expanded its portfolio to include cloud migration advisory and application management services designed to help clients modernize their IT landscapes.

Rimini Street’s core offerings encompass enterprise software support, custom code remediation, performance optimization and security patching, along with ongoing compliance updates. The company provides dedicated support teams for each client engagement, offering 24x7x365 coverage and guaranteed response times. Rimini Street also delivers strategic consulting and technical services to assist businesses in planning upgrades, executing migrations and unlocking value from existing software investments.

With a global footprint spanning the Americas, Europe, the Middle East and Asia-Pacific regions, Rimini Street serves a broad base of commercial enterprises and public-sector organizations. Founder and Chief Executive Officer Seth Ravin continues to lead the company’s executive team, focusing on innovation in enterprise software support and expansion into new markets. Rimini Street maintains offices in key international hubs to deliver localized service and ensure alignment with regional regulatory requirements.

Key Stats

• Today's Range: $4.45 to $4.62
• 50-Day Range: $3.95 to $5.24
• 52-Week Range: $1.53 to $5.38
• Volume: 222,345 shs
• Average Volume: 328,599 shs
• Market Capitalization: $415.41 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.25
• Consensus Rating: Buy

Rimini Street Stock Analysis - MarketRank™

Rimini Street scored higher than 59% of companies evaluated by MarketBeat, and ranked 355th out of 666 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Rimini Street has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Upside Potential

Rimini Street has a consensus price target of $6.25, representing about 40.1% upside from its current price of $4.46.

Amount of Analyst Coverage

Rimini Street has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: -35.14%

Earnings Growth

Earnings for Rimini Street are expected to decrease by -35.14% in the coming year, from $0.37 to $0.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Rimini Street is -111.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Rimini Street is -111.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.93% of the float of Rimini Street has been sold short.

Short Interest Ratio / Days to Cover

Rimini Street has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Rimini Street has recently increased by 37.38%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Rimini Street does not currently pay a dividend.

Dividend Growth

Rimini Street does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.93% of the float of Rimini Street has been sold short.

Short Interest Ratio / Days to Cover

Rimini Street has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Rimini Street has recently increased by 37.38%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.30

News Sentiment

Rimini Street has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.88 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Rimini Street this week, compared to 2 articles on an average week.

MarketBeat Follows

2 people have added Rimini Street to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Rimini Street insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $946,418.00 in company stock.

Percentage Held by Insiders

41.20% of the stock of Rimini Street is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

73.75% of the stock of Rimini Street is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RMNI Stock Analysis - Frequently Asked Questions

How have RMNI shares performed this year?

Rimini Street's stock was trading at $2.67 at the start of the year. Since then, RMNI stock has increased by 67.0% and is now trading at $4.46.

How were Rimini Street's earnings last quarter?

Rimini Street, Inc. (NASDAQ:RMNI) released its quarterly earnings data on Thursday, February, 27th. The company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.10 by $0.01. The company earned $114.21 million during the quarter, compared to analyst estimates of $102.57 million. Rimini Street had a negative trailing twelve-month return on equity of 48.44% and a negative net margin of 0.66%.
Read the conference call transcript.

Who are Rimini Street's major shareholders?

Rimini Street's top institutional investors include Brooktree Capital Management (4.22%), Acadian Asset Management LLC (2.46%), Geode Capital Management LLC (1.33%) and Samjo Management LLC (0.52%). Insiders that own company stock include Brian Slepko, Seth A Ravin, David W Rowe, Sebastian Grady, Nancy Lyskawa, Steven Salaets, Kevin Maddock, Michael L Perica and Steven Hershkowitz.
View institutional ownership trends.

How do I buy shares of Rimini Street?

Shares of RMNI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Rimini Street own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rimini Street investors own include Tesla (TSLA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Home Depot (HD), Meta Platforms (META), Netflix (NFLX) and NVIDIA (NVDA).

Company Calendar

• Last Earnings: 2/27/2025
• Today: 9/16/2025
• Next Earnings (Estimated): 10/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:RMNI
• CIK: 1635282
• Web: www.riministreet.com
• Phone: (702) 839-9671
• Fax: N/A
• Employees: 2,040
• Year Founded: 2005

Price Target and Rating

• Average Price Target for Rimini Street: $6.25
• High Price Target: $6.50
• Low Price Target: $6.00
• Potential Upside/Downside: +36.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 12.41
• P/E Growth: N/A
• Net Income: -$36.27 million
• Net Margins: -0.66%
• Pretax Margin: 2.23%
• Return on Equity: -48.44%
• Return on Assets: 7.96%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.92
• Quick Ratio: 0.92

Sales & Book Value

• Annual Sales: $428.75 million
• Price / Sales: 0.99
• Cash Flow: $0.48 per share
• Price / Cash Flow: 9.56
• Book Value: ($0.76) per share
• Price / Book: -6.04

Miscellaneous

• Outstanding Shares: 92,520,000
• Free Float: 54,401,000
• Market Cap: $424.67 million
• Optionable: Optionable
• Beta: 1.47