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Rimini Street ( (RMNI) ) has shared an announcement.
On May 19, 2025, Rimini Street announced a restructuring of its product management function, resulting in David Rowe transitioning to the role of Executive Vice President and Chief Marketing Officer. The restructuring places the product management responsibilities under the Chief Operating Officer, Vijay Kumar, without affecting Rowe’s status as an executive officer under relevant securities laws.
The most recent analyst rating on (RMNI) stock is a Buy with a $6.50 price target. To see the full list of analyst forecasts on Rimini Street stock, see the RMNI Stock Forecast page.
Spark’s Take on RMNI Stock
According to Spark, TipRanks’ AI Analyst, RMNI is a Neutral.
Rimini Street’s overall stock score reflects significant financial challenges, including declining revenue, high debt, and negative profit margins, which are major concerns. Technical analysis shows mixed signals with limited short-term momentum. Valuation remains unattractive due to a negative P/E ratio. The earnings call provided some positive strategic insights, but these are counterbalanced by revenue declines and litigation costs.
To see Spark’s full report on RMNI stock, click here.
More about Rimini Street
Rimini Street, Inc. operates in the enterprise software support services industry, providing third-party support for software products from companies like Oracle and SAP.
Average Trading Volume: 295,886
Technical Sentiment Signal: Buy
Current Market Cap: $317.6M
For a thorough assessment of RMNI stock, go to TipRanks’ Stock Analysis page.