Rimini Street stock falls 1.17 percent as Q3 date nears

Published on 10/04/2026 at 14:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rimini Street stock heads toward its October 29, 2026, Q3 report as six analysts set a Moderate Buy consensus. The average target is USD 6.3333.

RMNI, US76674Q1076, Illustration mit AI erstellt.

Rimini Street (US76674Q1076) was trading at USD 4.24 on Nasdaq on October 2, 2026, down 1.17 percent from the prior close. The company is now approaching its fiscal Q3 reporting date, while the latest quarter showed faster revenue growth but lower adjusted earnings per share.

Revenue grows, earnings lag

StockTitan reported Rimini Street's fiscal Q2 2026 revenue at USD 111.1 million on July 30, 2026, up 6.7 percent year over year. Adjusted revenue reached USD 108.0 million, up 10.0 percent excluding Oracle PeopleSoft support.

The earnings mix was less favorable. Adjusted earnings per share came in at USD 0.03, compared with a USD 0.06 consensus estimate, while GAAP gross margin reached 60.9 percent in Q2 2026. The contrast gives the October report a clear test: can top-line growth translate into stronger operating leverage?

AI investment meets guidance

The same Q2 filing summary put annualized recurring revenue at USD 412.8 million and remaining performance obligations at USD 636.9 million, up 8.0 percent year over year. International revenue rose 14.1 percent to USD 62.7 million, offsetting a 1.6 percent decline in U.S. revenue to USD 48.4 million.

Rimini Street guided fiscal Q3 2026 revenue to USD 110 million-USD 112 million and reiterated fiscal 2026 revenue growth guidance of 4 percent-6 percent, alongside adjusted EBITDA margin guidance of 12.5 percent-15.5 percent, according to StockTitan. The guidance range makes the next revenue print more important than the headline growth rate alone.

Analysts see upside

According to MarketBeat on September 23, 2026, six brokerages rated the stock at a Moderate Buy consensus, with three Buy ratings and three Holds. The average 12-month price target was USD 6.3333, 49.4 percent above the USD 4.24 reference price.

Q3 report sets the checkpoint

Rimini Street was trading at USD 4.24 on Nasdaq on October 2, 2026, with a market capitalization of USD 395.8 million and volume of 611,789 shares. The session range was USD 4.21 to USD 4.35, while the 52-week range stood at USD 2.87 to USD 5.68.