Rimini Street Inc has a consensus price target of $7 based on the ratings of 3 analysts. The high is $8 issued by Roth Capital on January 19, 2022. The low is $6 issued by Craig-Hallum on December 17, 2024. The 3 most-recent analyst ratings were released by Craig-Hallum, Alliance Global Partners, and Craig-Hallum on December 17, 2024, May 3, 2024, and July 27, 2023, respectively. With an average price target of $4.5 between Craig-Hallum, Alliance Global Partners, and Craig-Hallum, there's an implied 78.57% 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 Craig-Hallum on December 17, 2024. The analyst firm set a price target for $6.00 expecting RMNI to rise to within 12 months (a possible 138.10% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Rimini Street (NASDAQ:RMNI) was provided by Craig-Hallum, and Rimini Street upgraded their buy rating.
The last upgrade for Rimini Street Inc happened on December 17, 2024 when Craig-Hallum raised their price target to $6. Craig-Hallum previously had a hold 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 December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest Rimini Street (RMNI) rating was a upgraded with a price target of $2.00 to $6.00. The current price Rimini Street (RMNI) is trading at is $2.52, which is within the analyst’s predicted range.
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