9 Best Rising Penny Stocks to Buy According to Wall Street Analysts

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6. Rimini Street, Inc. (NASDAQ:RMNI)

One Month Performance: 13.98%

Number of Hedge Fund Holders: 8

Analyst Upside Potential: 50.46%

Rimini Street, Inc. (NASDAQ:RMNI) is one of the Best Rising Penny Stocks to Buy According to Wall Street Analysts. Recently, on June 18, Rimini Street, Inc. (NASDAQ:RMNI) announced its partnership with One New Zealand to manage and stabilize its Oracle software systems. One New Zealand is a major telecommunications company that serves more than 2 million customers.

​The partner, One New Zealand, noted choosing the company based on a previous positive experience and highlighted the need to keep core systems secure and reliable while freeing up the team to focus on AI-driven transformation and innovation projects.

In this partnership, Rimini Street will provide dedicated engineering support, guaranteed fast response times, and cost savings of up to 90% compared to standard vendor support. Management noted that a key win came when Microsoft ended support for Internet Explorer 11, which One NZ’s CRM depended on. Rimini Street’s interoperability solution allowed the CRM to run on modern browsers like Chrome and Edge seamlessly. Moreover, the company also helped One NZ migrate its billing engine to new hardware without disruption.

Rimini Street Inc. (NASDAQ:RMNI) is a software support provider, covering Oracle and SAP enterprise solutions. The company delivers managed services, enterprise software services, Agentic AI, and other solutions. It also offers an array of other solutions, including Rimini Agentic UX, Rimini Support, Rimini Manage, and Rimini Protect.

While we acknowledge the potential of RMNI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RMNI and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Best Rising Penny Stocks to Buy According to Wall Street Analysts.

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