Rackspace Technology (RXT)
NASDAQ:RXT
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RXT Stock Chart & Stats
$1.23
$0.03(1.31%)
At close: 4:00 PM EST
$1.23
$0.03(1.31%)
Day’s Range― - ―
52-Week Range$0.39 - $2.74
Previous CloseN/A
Volume333.43K
Average Volume (3M)1.02M
Market Cap
$303.70M
Enterprise Value$3.51B
Total Cash (Recent Filing)$105.80M
Total Debt (Recent Filing)$3.28B
Price to Earnings (P/E)―
Beta2.67
Next Earnings
May 12, 2026EPS Estimate
-0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding246,914,400
10 Day Avg. Volume1,190,569
30 Day Avg. Volume1,022,900
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)-0.19
Price to Sales (P/S)0.09
P/FCF Ratio2.56
Enterprise Value/Market Cap11.55
Enterprise Value/Revenue1.31
Enterprise Value/Gross Profit6.92
Enterprise Value/Ebitda17.77
Forecast
1Y Price Target
$2.17Price Target Upside76.42% Upside
Rating ConsensusHold
Number of Analyst Covering3
EPS Forecast (FY)-0.03
Revenue Forecast (FY)$2.72B
Bulls Say, Bears Say
Bulls Say
AI Infrastructure DemandGrowing demand for AI-related workloads and higher‑value managed services is expanding public cloud infrastructure needs, supporting potential revenue uplift for the company.
Palantir PartnershipPartnership with Palantir positions the company to host Palantir customer workloads and support AI deployments, creating a new avenue for managed services revenue.
Services Mix ImprovementStrength in public cloud services points to a shift toward higher‑margin managed offerings, which can improve profitability as infrastructure demand increases.
Bears Say
Contract Expirations And Guidance VisibilityExpiration of a large government public cloud contract reduces revenue visibility and puts pressure on guidance, heightening uncertainty about future revenue streams.
Lower‑margin Deal MixContinued reliance on lower‑margin multiyear deals weighs on overall revenue growth and limits improvement in reported margins.
Private Cloud ExecutionSlower ramp of a major healthcare private cloud deal delays its revenue contribution, increasing near‑term revenue risk and execution concerns.
Rackspace Technology News
RXT FAQ
What was Rackspace Technology’s price range in the past 12 months?
Rackspace Technology lowest stock price was $0.39 and its highest was $2.74 in the past 12 months.
What is Rackspace Technology’s market cap?
Rackspace Technology’s market cap is $303.70M.
When is Rackspace Technology’s upcoming earnings report date?
Rackspace Technology’s upcoming earnings report date is May 12, 2026 which is in 25 days.
How were Rackspace Technology’s earnings last quarter?
Rackspace Technology released its earnings results on Feb 26, 2026. The company reported -$0.01 earnings per share for the quarter, beating the consensus estimate of -$0.036 by $0.026.
Is Rackspace Technology overvalued?
According to Wall Street analysts Rackspace Technology’s price is currently Undervalued.
Does Rackspace Technology pay dividends?
Rackspace Technology does not currently pay dividends.
What is Rackspace Technology’s EPS estimate?
Rackspace Technology’s EPS estimate is -0.03.
How many shares outstanding does Rackspace Technology have?
Rackspace Technology has 246,914,400 shares outstanding.
What happened to Rackspace Technology’s price movement after its last earnings report?
Rackspace Technology reported an EPS of -$0.01 in its last earnings report, beating expectations of -$0.036. Following the earnings report the stock price went up 68.889%.
Which hedge fund is a major shareholder of Rackspace Technology?
Currently, no hedge funds are holding shares in RXT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Rackspace Technology Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$2.17 (76.42% Upside)
$2.17 (76.42% Upside)
Hedge Fund Trend
Decreased
By 57.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 7.0%
Last 30 Days ▼ 7.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-68.83%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-9.56%
Trailing 12-Months
Company Description
Rackspace Technology
Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. It operates through Multicloud Services and Apps & Cross Platform segments. The company's Multicloud Services segment provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; and professional services related to designing and building multi cloud solutions and cloud-native applications. Its Apps & Cross Platform segment includes managed applications; managed security services in the areas of security threat assessment and prevention, threat detection and response, rapid remediation, governance, and risk and compliance assistance across multiple cloud platforms, as well as privacy and data protection services, including detailed access restrictions and reporting; data services; and professional services related to designing and implementing application, security, and data services. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.
RXT Company Deck
RXT Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a constructive strategic pivot and operational progress with several key positives: Q4 revenue beat, strong public cloud services growth, improving operating profitability and healthy cash generation. Management outlined a clear platform-engineering strategy, meaningful partnerships (notably Palantir) and a roadmap to scale high-value enterprise AI and private cloud engagements. Offsetting this optimism are short-term challenges: a private cloud Q4 revenue miss due to a delayed health care ramp, YoY gross margin declines driven by mix and lower private cloud revenue, and near-term revenue cadence variability driven by large deal timing and a planned transition of a low-margin government contract. Overall, the positive execution, improved margins sequentially, strong guidance for operating profit expansion and strategic momentum slightly outweigh the operational and margin headwinds, supporting a favorable outlook.View all RXT earnings summariesRXT Stock 12 Month Forecast
Average Price Target
$2.17
▲(76.42% Upside)
Technical Analysis
Ownership Overview
Currently, No data available
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