---
title: "Rimini Street: Litigation Overhang Removed but Modest Growth Keeps Shares Fairly Valued at Hold"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276405869.md"
description: "Rimini Street, a Technology sector company, received a Hold rating from analyst Derrick Wood of TD Cowen, with a price target of $4.25. The rating reflects solid fourth-quarter performance and management's confidence in sales momentum, despite modest overall revenue growth and flat trends in some regions. The removal of litigation overhang and new growth initiatives, including partnerships, may enhance future performance. However, shares are considered fairly valued until a more significant growth acceleration is demonstrated."
datetime: "2026-02-20T02:55:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276405869.md)
  - [en](https://longbridge.com/en/news/276405869.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276405869.md)
---

# Rimini Street: Litigation Overhang Removed but Modest Growth Keeps Shares Fairly Valued at Hold

Rimini Street, the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Derrick Wood from TD Cowen maintained a Hold rating on the stock and has a $4.25 price target.

### President's Day Sale - 70% Off

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential

Derrick Wood has given his Hold rating due to a combination of factors, including Rimini Street’s solid fourth quarter, improving remaining performance obligations, and management’s confidence in sales momentum supported by plans to expand sales capacity and increase quotas. At the same time, overall revenue growth remains modest, with certain regions and product lines showing flat or negative trends, and customer metrics such as retention and net new clients reflecting only incremental progress rather than a clear inflection.

Rimini Street now operates without the prior litigation overhang and is pursuing growth initiatives like its partnership with ServiceNow and Agentic AI for ERP, which could support better performance in the second half and beyond. However, despite an undemanding valuation on a free cash flow basis, Wood views the shares as fairly valued until the company can demonstrate a more sustained and meaningful reacceleration of growth, leading him to maintain a Hold rating rather than move to a more aggressive stance.

### Related Stocks

- [RSPT.US](https://longbridge.com/en/quote/RSPT.US.md)
- [RMNI.US](https://longbridge.com/en/quote/RMNI.US.md)
- [IXN.US](https://longbridge.com/en/quote/IXN.US.md)
- [IGV.US](https://longbridge.com/en/quote/IGV.US.md)

## Related News & Research

- [Oracle Launches AI-Powered Agentic Tools](https://longbridge.com/en/news/282204167.md)
- [Adobe embraces conversational AI editing, marking a ‘fundamental shift’ in creative work](https://longbridge.com/en/news/282851252.md)
- [Bloom Energy Stock Surges On Expanded Oracle Partnership](https://longbridge.com/en/news/282595525.md)
- [CoreWeave's AI Partnerships Drive Revenue Acceleration](https://longbridge.com/en/news/282561514.md)
- [How ServiceNow gets customers to gorge at the AI trough](https://longbridge.com/en/news/282585116.md)