Rimini Street (NASDAQ:RMNI) Azioni

Rimini Street

Rimini Street Inc and its subsidiaries are providers of end-to-end enterprise software support, products, and services. The Company offers a comprehensive family of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize clients' enterprise applications, database, and technology software platforms. The Company derives revenues from clients by providing subscription support services for enterprise resource planning, customer relationship management, product lifecycle management database, and technology software systems. Geographically, the company generates the majority of its revenue from the United States of America and the International market.

Rimini Street Inc

Morgan Stanley analyst Alex Straton maintains Macy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) with a Equal-Weight and lowers the price target from $14 to $12.

News

Price Target

Analyst Ratings

Morgan Stanley Maintains Equal-Weight on Macy's, Lowers Price Target to $12

Simon Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPG#NYSE">SPG</a>) has outperformed the market over the past 5 years by 9.99% on an annualized basis producing an average annual return of 23.91%. Currently, Simon Property Group has a market capitalization of $52.72 billion. 
Buying $1000 In SPG: If an investor had bought $1000 of SPG stock 5 years ago, it would be worth $2,772.49 today based on a price of $161.59 for SPG at the time of writing.
<h3>Simon Property Group's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1746545418_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$1000 Invested In Simon Property Group 5 Years Ago Would Be Worth This Much Today

Morgan Stanley analyst Angel Castillo maintains Lincoln Electric Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LECO#NASDAQ">LECO</a>) with a Underweight and raises the price target from $179 to $180.

LECO

Morgan Stanley Maintains Underweight on Lincoln Electric Holdings, Raises Price Target to $180

Service Corporation International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCI#NYSE">SCI</a>), the largest provider of deathcare products and services in North America, today announced that its Board of Directors has approved a quarterly cash dividend of thirty-two cents per share of common stock.&nbsp; The quarterly cash dividend announced today is payable on June 30, 2025 to shareholders of record at the close of business on June 13, 2025.&nbsp; While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends, and the establishment of record and payment dates, are subject to final determination by the Board of Directors each quarter after its review of the Company's financial performance.
The Company also announced that its Board of Directors has increased the authorized level of repurchases of its common stock by approximately $528 million.&nbsp; When combined with approximately $72 million of authority remaining under the existing program, this represents a total of $600 million of current share repurchase authority effective today.

Buybacks

Service Corporation International Increases Share Repurchase Authorization By About $528M

Ethan Allen Interiors Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETD#NYSE">ETD</a>) reported a 2.5% decline in its fiscal third-quarter sales due to double-digit declines in order intake <a href="https://www.benzinga.com/topic/retail">in January and February</a>.
The Ethan Allen Analyst: Telsey Advisory Group&#8217;s Cristina Fernández maintained a Market Perform rating, while reducing the price target from $32 to $30.
The Ethan Allen Interiors Thesis: The 11% decline in the company's order intake in the latest quarter followed a 14% increase in the fiscal second quarter, Fernández said in the note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
The retailer reported earnings of 38 cents per share, short of consensus of 46 cents per share, she added.
The analyst reduced the fiscal 2025 earnings estimates from $2.32 per share to $2.00 per share, lower than the current consensus of $2.36 per share. She expects the company's sales to decline by 6.6%, versus 3.5% previously, and the operating margin to contract by 212 basis points to 9.9%.
"Looking to FY26, we have confidence in Ethan Allen&#8217;s ability to manage the incremental costs from tariffs, but are concerned about the deteriorating traffic and sales trend," Fernández further wrote.
Price Action: Shares of Ethan Allen tanked by 9.82% to $26.27 at the time of publication on Tuesday.
Read More:  
<ul>
<li><a href="https://www.benzinga.com/insights/earnings/25/04/45017717/examining-the-future-leggett-platts-earnings-outlook">Examining the Future: Leggett &amp; Platt&#8217;s Earnings Outlook</a></li>
</ul>
Image: Shutterstock

Analyst Color

Earnings Misses

Reiteration

Movers

Ethan Allen Hit By Traffic Slowdown, Cuts 2025 Outlook

Stephens &amp; Co. analyst Pooran Sharma maintains Tyson Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) with a Equal-Weight and lowers the price target from $63 to $61.

Stephens & Co. Maintains Equal-Weight on Tyson Foods, Lowers Price Target to $61

FOXO

FOXO Technologies Shares Halted On Circuit Breaker To The Upside, Stock Now Up 234.8%

Morgan Stanley analyst Kristine Liwag maintains Leonardo DRS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRS#NASDAQ">DRS</a>) with a Equal-Weight and raises the price target from $34 to $44.

Morgan Stanley Maintains Equal-Weight on Leonardo DRS, Raises Price Target to $44

<a href="https://truthsocial.com/@realDonaldTrump/posts/114461575736468146" title="https://truthsocial.com/@realDonaldTrump/posts/114461575736468146">https://truthsocial.com/@realDonaldTrump/posts/114461575736468146</a>

Macro Economic Events

Politics

Economics

General

President Donald J. Trump Posts On Truth Social "I look forward to meeting the new Prime Minister of Canada, Mark Carney. I very much want to work with him, but cannot understand one simple TRUTH — Why is America subsidizing Canada by $200 Billion Dollars a year ...We don't need their Cars, we don't need their Energy, we don't need their Lumber, we don't need ANYTHING they have...  The Prime Minister will be arriving shortly and that will be, most likely, my only question of consequence."

Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock is trading lower amid reports that new car sales in the U.K. and Germany hit two-year lows.
What To Know: According to Reuters, Tesla&#8217;s new car sales in April plunged 62% year-over-year in the U.K., while sales in Germany dropped 45.9%.
The company sold 536 new cars in the U.K. in April, down from 1,404 during the same month in 2024. Overall electric vehicle registrations in Britain rose 6.9% in April.
In Germany, Tesla sold 885 cars last month. From January to April 2025, the company sold 5,820 vehicles, marking a 60.4% year-over-year decline. Electric vehicle registrations in Germany surged 53.5% in April.
What Else: According to <a href="https://electrek.co/2025/05/05/tesla-cybertruck-inventory-skyrockets-to-record-high/">Electrek</a>, Tesla currently has about 10,000 units of its Cybertruck in inventory. At the start of 2025, Electrek reported the company had approximately 2,400 units in stock.
Tesla shares may be under pressure as investors weigh the company&#8217;s performance against competitors in expanding electric vehicle markets. The recent buildup in Cybertruck inventory compared to the start of the year may also be raising concerns about demand or production efficiency.
See Also: <a href="https://www.benzinga.com/25/05/45224441/food-service-provider-aramark-posts-2-revenue-growth-in-q2">Food Service Provider Aramark Posts 2% Revenue Growth In Q2</a>
TSLA Price Action: At the time of publication, Tesla stock is trading 1.8% lower at $275.26, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro.</a>
Image: via Shutterstock

TSLA

Tesla Stock Slips Amid European Sales Drop, Cybertruck Inventory Build

KTTA

Pasithea Therapeutics Shares Resume Trade

FOXO Technologies Shares Resume Trade

WIIM

PLMR

PLMR stock has given up its prior loss. Palomar Holdings shares were trading lower after the company reported worse-than-expected Q1 sales results.

TopBuild Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLD#NYSE">BLD</a>) shares were trading higher premarket on Tuesday after the company reported <a href="https://www.benzinga.com/pressreleases/25/05/g45216533/topbuild-reports-first-quarter-2025-results-confirms-full-year-outlook." target="_blank" rel="noreferrer noopener">first-quarter 2025</a> sales of $1.23 billion, which was in line with the consensus.
Sales declined 3.6% YoY, mainly due to a 6.7% drop in the Installation segment, driven by a slow start in new residential construction.
Adjusted gross margin contracted to 29.6% from 30.3% a year ago, while adjusted EBITDA Margin declined to 19% from 19.8% in the prior-year quarter.
Adjusted EPS of $4.63, down from $4.81 a year ago, exceeded the consensus of $4.42.
BLD's net cash provided by operating activities for the quarter stood at $152.58 million, down from $178.78 million a year ago. As of March 31, cash and cash equivalents stood at $308.811 million.
TopBuild bought back 693,881 shares for $215.6 million, leaving $972.4 million available for future repurchases at the quarter's end.
During the quarter, TopBuild announced its <a target="_blank" href="https://www.benzinga.com/pressreleases/25/03/g44104495/topbuild-to-acquire-seal-rite-insulation" rel="noreferrer noopener">acquisition</a> of Seal-Rite Insulation, an Omaha-based fiberglass and spray foam installer that has served residential and commercial markets for over 25 years. Seal-Rite generates around $15 million in annual revenue, and the deal was finalized in April.
The company acknowledged near-term economic uncertainty but expressed confidence in its ability to adapt and outperform. It is adjusting its cost structure to match current demand, continuing targeted investments, and pursuing operational improvements. The company remains optimistic about mid- and long-term prospects, citing strong U.S. housing demand and positive trends in commercial and industrial markets.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
2025 Outlook, reaffirmed: TopBuild projects FY25 sales of $5.05 billion-$5.35 billion, vs. previous estimate of $5.17 billion, with adjusted EBITDA expected between $925 million and $1.075 billion
Price Action: At the last check on Tuesday, BLD shares were trading higher, 1.67%, at $296.87.
Photo: Shutterstock

Earnings

Guidance

TopBuild Q1 Sales Dip, EPS Tops Estimates, Seal-Rite Deal Boosts Long-Term Outlook, Guidance Reaffirmed

Today at IAB NewFronts, T-Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) announced a landmark strategic partnership with IPG Mediabrands, the media holding company within the Interpublic Group of Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>). This partnership with T-Mobile Advertising Solutions (T-Ads) creates a direct path for IPG Mediabrands agencies and clients to activate campaigns with T-Ad's first-party data and product suite, while also opening up opportunities for shared innovation and test-and-learn initiatives.

TMUS

T-Mobile Announces Strategic Partnership With IPG Mediabrands To Activate Campaigns With T-Ad's First-Party Data And Product Suite

JMP Securities analyst David Scharf maintains PRA Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRAA#NASDAQ">PRAA</a>) with a Market Outperform and lowers the price target from $30 to $23.

PRAA

JMP Securities Maintains Market Outperform on PRA Group, Lowers Price Target to $23

Pasithea Therapeutics Shares Halted On Circuit Breaker To The Downside, Stock Now Up 21.1%

WeRide Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) shares surged 5.0% to $7.21 during Tuesday's trading session after the autonomous driving company announced a <a href="https://www.benzinga.com/pressreleases/25/05/b45208808/uber-and-weride-expand-strategic-partnership-to-bring-autonomous-vehicles-to-15-more-cities">global expansion</a> of its partnership with Uber Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>).
What To Know: The two firms revealed plans to roll out autonomous ride services in 15 new cities worldwide over the next five years, including several in Europe. This builds on their initial collaboration in Abu Dhabi, with Dubai soon to follow.
Under the expanded <a href="https://www.benzinga.com/pressreleases/25/05/b45208808/uber-and-weride-expand-strategic-partnership-to-bring-autonomous-vehicles-to-15-more-cities">partnership</a>, WeRide's Robotaxi services will be integrated into the Uber app, while Uber will manage fleet operations. Notably, the rollout excludes the U.S. and China, focusing instead on untapped international markets. 
Executives from both companies emphasized their shared commitment to accelerating the global adoption of autonomous mobility.
WeRide CEO Tony Han highlighted the move as a key step in making autonomous technology more accessible, while Uber CEO Dara Khosrowshahi called it "one of the biggest partnerships of its kind."
Read Also: <a href="https://www.benzinga.com/news/25/05/45225213/genius-sports-geni-shares-slide-after-q1-sales-miss-whats-going-on">Genius Sports Shares Slide After Q1 Sales Miss: What&#8217;s Going On?</a>
<h2 class="wp-block-heading">How To Buy WRD Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in WeRide&#8217;s case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, WRD has a 52-week high of $44.00 and a 52-week low of $6.03.

UBER

WeRide (WRD) Stock Gains 5% Amid Expansion with Uber

Treasury Secretary Scott Bessent told lawmakers Tuesday that the U.S. economy is showing strong signs of resilience, with job gains outpacing expectations and inflation finally easing across key consumer categories, championing the <a href="https://www.benzinga.com/topic/donald-trump">Trump administration&#8217;s policy actions.</a>
In testimony before the House Appropriations Committee, Bessent defended the Trump administration's economic playbook, calling it a "three-legged stool" of trade, tax and deregulation designed to accelerate domestic investment and push wages higher. 
&#8220;464,000 new jobs were added to the economy in the first 100 days,&#8221; he said. 
&#8220;In April alone, over 177,000 American jobs were added, which is more than 40,000 than economists predicted,&#8221; he added.
<h3 class="wp-block-heading">Tariff Talks Accelerate, Trade Deals on Deck</h3>
When questioned on the administration's international strategy, Bessent revealed that the U.S. is actively renegotiating tariffs with 17 of its 18 top trading partners a move that could yield significant progress in the coming months.
"I would be surprised if we don't have more than 80 or 90 percent of those wrapped up by year-end," Bessent said. "That may be much sooner… perhaps as early as this week."
He said many countries have submitted "very good offers" in the wake of Trump's sweeping tariff schedule announced April 2, which targeted all trading partners. A 90-day pause was introduced a week later to allow room for bilateral negotiations.
Bessent argued that tariffs are proving effective, not just economically but strategically. "They may not like the tariffs the president has put up, but they have them," he said.
&#8220;We are aiming for fair trade to bring back high paying precision, manufacturing jobs to the U.S.,&#8221; Bessent said. 
When Rep. Mark Pocan (D-WI) pressed Bessent on who ultimately pays for tariffs, the Treasury Secretary avoided a direct answer, saying "strategic uncertainty is part of negotiations."
<h3 class="wp-block-heading">No Signs Of Recession, Stronger GDP Expected</h3>
Asked whether the U.S. economy is heading toward a recession, Bessent said the data show no such signal.
"There is nothing in the data that indicates the U.S. is in a recession," he said, adding he expects first-quarter GDP figures to be revised higher. 
He also said that tax receipts should remain strong, citing improvements in collection efficiency due to artificial intelligence.
Still, Bessent called for greater fiscal discipline. "Last year, we had a 6.7% fiscal deficit — the largest ever during peacetime or non-recessionary times. The easy thing would be to keep spending to keep the economy running. But that path is unsustainable."
"We have set the table for a robust economy that allows Main Street to grow," Bessent added.
<h3 class="wp-block-heading">Push For Permanent Tax Cuts Gains Momentum</h3>
Bessent reiterated that the Trump administration's next priority is to make its tax cuts permanent. With House Speaker Mike Johnson expected to send a bill to the Senate by Memorial Day, Bessent said momentum is building.
"We look forward to working closely with the members of this committee to pass this bill into law," he said. "Together, we can build a stronger, safer and more prosperous America."
<h3 class="wp-block-heading">Market Reactions</h3>
The S&amp;P 500 index, tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), pared losses during Bessent's testimony, rising 30 points or 0.6% between 10:00 and 11:00 a.m. ET.
The Nasdaq 100 also moved off session lows, climbing 150 points or 0.8% in the same period, narrowing its decline to 0.7%.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45224883/oil-soars-above-59-as-middle-east-airstrikes-jolt-markets">Oil Soars Above $59 As Middle East Airstrikes Jolt Markets</a></li>
</ul>
Photo: Shutterstock

Equities

Government

Regulations

Econ #s

Bessent Signals Imminent Trade Deals, Dismisses Recession Fears As Stocks Rebound

FOXO Technologies Shares Halted On Circuit Breaker To The Upside, Stock Now Up 239.6%

Press Releases

Rimini Street and T-Systems North America Announce a Strategic Partnership to Deliver Comprehensive, Cost-Effective Enterprise Software Support and Hosting Solutions

Rimini Street Honored with Multiple Consecutive Great Place to Work® Certifications and Leadership Award Across Asia, Europe and North America

Rimini Street Launches Rimini Manage™ for Workday

Rimini Street Honored with Multiple Awards in Recognition of its Customer Service, Strategy and AI Innovation

Rimini Street to Report First Quarter 2025 Financial Results on May 1, 2025

Rimini Street Appoints Joe Locandro as EVP and Chief Information Officer to Lead Global IT Strategy

Contracts

Waratek announces Rimini Street as sole Pinnacle Partner

University of Melbourne's Mobile Learning Unit (MLU) Selects Rimini Solutions™ for Salesforce to Manage and Enhance its eLearning Platform

Merlin Cyber and Rimini Street Partner to Help the U.S. Government Slash IT Costs and Modernize Enterprise Software with Innovative, Proven Solutions

Rimini Street Announces Fiscal First Quarter 2025 Financial and Operating Results

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