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Rimini Street (RMNI) Gains Momentum With SP ENW and Tidewater ERP Wins

Rimini Street, Inc. (NASDAQ:RMNI) is one of the undervalued technology penny stocks to buy now. On January 6, Rimini Street, Inc. (NASDAQ:RMNI) announced that SP Electricity North West has resolved long‑standing SAP system challenges by switching to Rimini Support and implementing its single sign-on solution.

The UK energy provider, serving over 5 million customers, cut overhead costs worth hundreds of thousands of pounds and eliminated password reset issues that once consumed 10% of its service desk’s time. With savings of 50% on annual maintenance fees and improved system reliability, SP ENW now considers Rimini Street a critical partner in its SAP roadmap, confident in building a stable and flexible future beyond 2030.

On December 11, 2025, Rimini Street, Inc. expanded its global partnership with Tidewater, the world’s top operator of offshore support vessels. According to Rimini, the expanded relationship will deliver comprehensive ERP solutions to support Tidewater’s growth in energy exploration and production.

The collaboration began with Rimini providing expert support for Tidewater’s Oracle PeopleSoft ERP system in Brazil. Initially, the goal was to ensure that Tidewater’s activities were compliant and that operational stability was maintained. This objective was achieved, and as a result, Rimini has now extended its services to include support for Tidewater’s SAP systems. It will also help Tidewater implement new tax software, facilitating the consolidation of regional financial operations into a single global platform.

Meanwhile, on December 5, TD Cowen analyst Derrick Wood reaffirmed a Hold rating on Rimini Street with a $5 price target, citing a mix of positives and challenges. While the company’s long-term guidance looks strong, with FY26 revenue and margin projections exceeding prior estimates, near-term Q4 expectations fell short. Strategic moves like launching Agentic AI ERP and expanding channel alliances show promise but will take time to deliver. Although the litigation overhang has been removed, execution remains key—leading Wood to maintain a cautious stance.

Rimini Street, Inc. (NASDAQ:RMNI) provides enterprise software support and managed services, specializing in Oracle, SAP, VMware, and other mission-critical applications. The company’s offerings include Rimini ONE, Rimini Connect, Rimini Consult, and Rimini Support.

While we acknowledge the potential of Rimini Street, Inc. (NASDAQ:RMNI) as an investment, 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.

READ NEXT: 12 Best Consumer Goods Stocks Billionaires Are Quietly Buying and Goldman Sachs Penny Stocks: Top 12 Stock Picks.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Wall Street calls this $3 stock a “Melting Ice Cube.” They said the same thing about BTI before it returned 90%.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

My name is Inan Dogan. I’m the co-founder and Research Director of Insider Monkey. I have an important message for you today.

Since March 2017, my stock picks have returned 16.5% annually. Today, I’ve found an opportunity even bigger than my British American Tobacco call.

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We looked under the cover and realized they were wrong.

We alerted our subscribers, and BTI returned 90% in just 16 months.

Now if you had invested just $10,000 in BTI in June 2024, you’d be sitting on $19,000 in October 2025.

Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

While the market panics over a surface-level revenue decline, our PhD-led research shows management has actually surgically cut $100 million in waste to focus on high-margin growth.

This pattern is a hallmark of our 16.5% annual return track record. The current opportunity offers a 400% upside potential—dwarfing even our 90% BTI return.

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