Rimini Street Inc has a consensus price target of $6.38, established from looking at the 6 latest analyst ratings. The last 3 analyst ratings were released from Alliance Global Partners, Craig-Hallum, and Alliance Global Partners on May 3, 2024, July 27, 2023, and March 3, 2022. With an average price target of $5.33 between Alliance Global Partners, Craig-Hallum, and Alliance Global Partners, there's an implied 92.53% upside for Rimini Street Inc from these 3 analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/03/2024 | Buy Now | 62.45% | Alliance Global Partners | Brian Kinstlinger | $5.5 → $4.5 | Maintains | Buy | Get Alert |
07/27/2023 | Buy Now | 8.3% | Craig-Hallum | Jeff Van Rhee | → $3 | Downgrade | Buy → Hold | Get Alert |
03/03/2022 | Buy Now | 206.85% | Alliance Global Partners | Brian Kinstlinger | → $8.5 | Upgrade | Neutral → Buy | Get Alert |
01/19/2022 | Buy Now | 188.8% | Roth Capital | Richard Baldry | → $8 | Upgrade | Neutral → Buy | Get Alert |
11/04/2021 | Buy Now | 279.05% | Alliance Global Partners | Brian Kinstlinger | — | Downgrade | Buy → Neutral | Get Alert |
11/04/2021 | Buy Now | 261% | Cowen & Co. | Derrick Wood | — | Downgrade | Outperform → Market Perform | Get Alert |
The latest price target for Rimini Street (NASDAQ:RMNI) was reported by Alliance Global Partners on May 3, 2024. The analyst firm set a price target for $4.50 expecting RMNI to rise to within 12 months (a possible 62.45% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Rimini Street (NASDAQ:RMNI) was provided by Alliance Global Partners, and Rimini Street maintained their buy rating.
The last upgrade for Rimini Street Inc happened on March 3, 2022 when Alliance Global Partners raised their price target to $8.5. Alliance Global Partners previously had a neutral for Rimini Street Inc.
The last downgrade for Rimini Street Inc happened on July 27, 2023 when Craig-Hallum changed their price target from N/A to $3 for Rimini Street Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rimini Street, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rimini Street was filed on May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.
While ratings are subjective and will change, the latest Rimini Street (RMNI) rating was a maintained with a price target of $5.50 to $4.50. The current price Rimini Street (RMNI) is trading at is $2.77, which is out of the analyst’s predicted range.
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