Rimini Street Inc has a consensus price target of $5.5 based on the ratings of 3 analysts. The high is $8 issued by Roth Capital on January 19, 2022. The low is $3 issued by Craig-Hallum on July 27, 2023. The 3 most-recent analyst ratings were released by Alliance Global Partners, Craig-Hallum, and Alliance Global Partners on May 3, 2024, July 27, 2023, and March 3, 2022, respectively. With an average price target of $5.33 between Alliance Global Partners, Craig-Hallum, and Alliance Global Partners, there's an implied 179.23% upside for Rimini Street Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Rimini Street (NASDAQ:RMNI) was reported by Alliance Global Partners on July 31, 2024. The analyst firm set a price target for $0.00 expecting RMNI to fall to within 12 months (a possible -100.00% downside). 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 downgraded their neutral 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 31, 2024 when Alliance Global Partners changed their price target from N/A to N/A 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 July 31, 2024 so you should expect the next rating to be made available sometime around July 31, 2025.
While ratings are subjective and will change, the latest Rimini Street (RMNI) rating was a downgraded with a price target of $0.00 to $0.00. The current price Rimini Street (RMNI) is trading at is $1.91, which is out of the analyst’s predicted range.
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