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NVDA   125.33 (+3.25%)
NIO   15.53 (-1.52%)
BABA   80.67 (+0.85%)
AMD   66.28 (+4.61%)
T   15.90 (+3.65%)
MU   51.73 (+3.25%)
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F   11.47 (+2.41%)
GE   63.59 (+2.71%)
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PFE   44.19 (+0.98%)
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Rimini Street - RMNI Stock Forecast, Price & News

$4.98
+0.32 (+6.87%)
(As of 10/3/2022 03:59 PM ET)
Add
Compare
Today's Range
$4.69
$5.02
50-Day Range
$4.60
$7.22
52-Week Range
$4.19
$11.52
Volume
18,813 shs
Average Volume
467,347 shs
Market Capitalization
$435.99 million
P/E Ratio
6.92
Dividend Yield
N/A
Price Target
$8.33

Rimini Street MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
67.3% Upside
$8.33 Price Target
Short Interest
Bearish
3.72% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$139,643 Sold Last Quarter
Proj. Earnings Growth
28.57%
From $0.28 to $0.36 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.79 out of 5 stars

Computer And Technology Sector

127th out of 650 stocks

Business Services, Not Elsewhere Classified Industry

14th out of 102 stocks

RMNI stock logo

About Rimini Street (NASDAQ:RMNI) Stock

Rimini Street, Inc. provides enterprise software products, services, and support for various industries. The company offers software support services for Oracle and SAP enterprise software products. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. Rimini Street, Inc. was incorporated in 2005 and is headquartered in Las Vegas, Nevada.

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RMNI Stock News Headlines

RMNI Rimini Street, Inc.
Rimini Street (RMNI) Q2 Earnings Lag Estimates
Rimini Street: A First Look
Rimini Street (RMNI) Upgraded to Buy: Here's Why
See More Headlines
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RMNI Company Calendar

Last Earnings
8/03/2022
Today
10/03/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:RMNI
Fax
N/A
Employees
1,660
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$8.33
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+67.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$75.22 million
Pretax Margin
5.63%

Debt

Sales & Book Value

Annual Sales
$374.43 million
Cash Flow
$1.31 per share
Book Value
($0.92) per share

Miscellaneous

Free Float
48,581,000
Market Cap
$435.99 million
Optionable
Not Optionable
Beta
0.91

Key Executives

  • Mr. Seth A. RavinMr. Seth A. Ravin (Age 55)
    Founder, Chairman & CEO
    Comp: $954.41k
  • Mr. Michael L. PericaMr. Michael L. Perica
    Exec. VP, CFO & Principal Accounting Officer
  • Mr. Sebastian  GradyMr. Sebastian Grady (Age 57)
    Pres
  • Mr. Alex Goldvug
    VP of Global Operations
  • Ms. Alisa De Dominicis
    VP of Global Operations, Legal, Ethics & Compliance
  • Mr. Eric Helmer
    Sr. VP & CTO
  • Mr. Steven  SalaetsMr. Steven Salaets (Age 44)
    Chief Information Officer & Exec. VP of Global Shared Services
  • Mr. Dean Pohl
    VP of Investor Relations
  • Mr. Michael Spencer
    GVP, Chief Counsel and Chief Ethics & Compliance Officer
  • Mr. Jeff Spicer
    Exec. VP & Chief Marketing Officer













RMNI Stock - Frequently Asked Questions

Should I buy or sell Rimini Street stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rimini Street in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RMNI shares.
View RMNI analyst ratings
or view top-rated stocks.

What is Rimini Street's stock price forecast for 2022?

3 Wall Street analysts have issued 12 month price targets for Rimini Street's stock. Their RMNI share price forecasts range from $7.00 to $10.00. On average, they predict the company's share price to reach $8.33 in the next year. This suggests a possible upside of 69.4% from the stock's current price.
View analysts price targets for RMNI
or view top-rated stocks among Wall Street analysts.

How have RMNI shares performed in 2022?

Rimini Street's stock was trading at $5.97 at the beginning of the year. Since then, RMNI stock has decreased by 17.6% and is now trading at $4.92.
View the best growth stocks for 2022 here
.

When is Rimini Street's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our RMNI earnings forecast
.

How were Rimini Street's earnings last quarter?

Rimini Street, Inc. (NASDAQ:RMNI) announced its quarterly earnings results on Wednesday, August, 3rd. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by $0.08. The company had revenue of $101.20 million for the quarter, compared to analysts' expectations of $99.86 million. Rimini Street had a net margin of 19.08% and a negative trailing twelve-month return on equity of 96.56%.

What guidance has Rimini Street issued on next quarter's earnings?

Rimini Street updated its third quarter 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $100.50 million-$102.50 million, compared to the consensus revenue estimate of $103.14 million.

What other stocks do shareholders of Rimini Street own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rimini Street investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Vista Outdoor (VSTO), AutoZone (AZO), NanoString Technologies (NSTG), Precision Drilling (PD) and Designer Brands (DBI).

What is Rimini Street's stock symbol?

Rimini Street trades on the NASDAQ under the ticker symbol "RMNI."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Rimini Street's stock price today?

One share of RMNI stock can currently be purchased for approximately $4.92.

How much money does Rimini Street make?

Rimini Street (NASDAQ:RMNI) has a market capitalization of $430.74 million and generates $374.43 million in revenue each year. The company earns $75.22 million in net income (profit) each year or $0.72 on an earnings per share basis.

How many employees does Rimini Street have?

The company employs 1,660 workers across the globe.

How can I contact Rimini Street?

Rimini Street's mailing address is 3993 HOWARD HUGHES PARKWAY SUITE 500, LAS VEGAS NV, 89169. The official website for the company is www.riministreet.com. The company can be reached via phone at (702) 839-9671 or via email at ir@riministreet.com.

This page (NASDAQ:RMNI) was last updated on 10/3/2022 by MarketBeat.com Staff

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