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home / news releases / RMNI - Rimini Street: Extremely Cheap Even After Adjusting For Litigation Risks


RMNI - Rimini Street: Extremely Cheap Even After Adjusting For Litigation Risks

2024-03-20 08:16:14 ET

Summary

  • Rimini Street is facing legal challenges from Oracle, but the stock is still undervalued with a potential upside of 34% to 125%.
  • Rimini Street provides non-proprietary software support at lower prices than Oracle and SAP, attracting smaller companies.
  • The injunction primarily affects a small portion of Rimini's revenue (8%), and the reputational risk is limited due to its competitive pricing.

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For further details see:

Rimini Street: Extremely Cheap Even After Adjusting For Litigation Risks
Stock Information

Company Name: Rimini Street Inc.
Stock Symbol: RMNI
Market: NASDAQ
Website: riministreet.com

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