Rimini Street Inc (RMNI) Stock Forecast & Price Target
Rimini Street Inc · NASDAQ
$4.89+0.22 (+4.71%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering Rimini Street Inc, 1 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $4.50 to $6.00, so the covering firms are broadly aligned. The average target of $5.25 sits 7% above the current $4.89. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.11 next quarter toward $0.51 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Moderate Buy
Strong Buy00%
Buy150%
Hold150%
Sell00%
Strong Sell00%
Based on 2 analysts giving stock ratings to Rimini Street Inc.
As of Jul, 1 of 2 firms rate RMNI a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
RMNI EPS & revenue forecast
EPS · NEXT QUARTER
$0.11
Range $0.11 – $0.12 · 3 analysts · +56% YoY
Next period, 3 analysts expect Rimini Street Inc to earn $0.11 a share (range $0.11 – $0.12), versus $0.07 a year earlier. Full-year consensus is $0.38, growing to $0.51 the year after.
REVENUE · NEXT QUARTER
$110.5M
Range $108.9M – $111.9M · 3 analysts · +7% YoY
Revenue is expected to reach $110.5M (range $108.9M – $111.9M), +6.8% year-over-year. Full-year consensus is $440.9M, rising to $469.1M next year.
Top analysts covering Rimini Street Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on RMNI.
#1
Brian Kinstlinger
Alliance Global Partners · Rank #320
Hold
No targeton RMNI
Overall win rate
30%
+ Follow
#2
Andrew Sherman
TD Cowen
Hold
$4.50-8.0% to target
Coverage
—
+ Follow
#3
AF
Alex Fuhrman
Lucid Capital
Buy
$6.00+22.7% to target
Coverage
—
+ Follow
#4
Derrick Wood
TD Cowen
Hold
$5.00+2.2% to target
Coverage
—
+ Follow
#5
Alex Fuhrman
LUCID CAPITAL MARKETS
Buy
$6.00+22.7% to target
Coverage
—
+ Follow
RMNI stock forecast FAQ
What is RMNI's average 12-month price target?+
The 2 analysts with a live target average $5.25 for Rimini Street Inc over the next 12 months, ranging from a $6.00 high to a $4.50 low.
Is RMNI stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 2 analyst ratings, 1 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for RMNI?+
The Street-high target is $6.00 (LUCID CAPITAL MARKETS), and the Street-low is $4.50 (TD Cowen). The average of all 2 active targets is $5.25.
How many Wall Street analysts cover RMNI?+
2 analysts have an active rating on Rimini Street Inc, and 2 firms carry a live 12-month price target.
Who is the most accurate analyst covering RMNI?+
Among analysts who currently cover RMNI, Brian Kinstlinger of Alliance Global Partners has the strongest overall Quantellect track record (Rank #320). Their current call is Hold.
What is Rimini Street Inc's projected EPS for next quarter?+
The consensus estimate is $0.11 per share (range $0.11 – $0.12) across 3 analysts. Full-year EPS is projected at $0.38, rising to $0.51 the following year.
How much revenue is Rimini Street Inc expected to report next quarter?+
Consensus revenue is $110.5M (range $108.9M – $111.9M). Full-year revenue is projected at $440.9M, growing to $469.1M next year.
Have analysts been upgrading or downgrading RMNI lately?+
As of Jul, 1 of 2 firms rate RMNI a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their RMNI calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
