NASDAQ:RXT Rackspace Technology (RXT) Stock Price, News & Analysis $1.26 -0.04 (-3.08%) Closing price 08/29/2025 04:00 PM EasternExtended Trading$1.26 +0.00 (+0.40%) As of 08/29/2025 06:44 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Rackspace Technology Stock (NASDAQ:RXT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Rackspace Technology alerts:Sign Up Key Stats Today's Range$1.23▼$1.3050-Day Range$1.14▼$1.5752-Week Range$1.00▼$3.41Volume753,301 shsAverage Volume781,655 shsMarket Capitalization$301.59 millionP/E RatioN/ADividend YieldN/APrice Target$1.58Consensus RatingReduce Company Overview Rackspace Technology, Inc. operates as a multi cloud technology services company in the Americas, Europe, the Middle East, Africa, and The Asia-Pacific region. It operates through three segments: Multicloud Services, Apps & Cross Platform, and OpenStack Public Cloud. The company provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; professional services related to designing and building multi cloud solutions and cloud-native applications; and managed hosting and colocation services. It also helps customers establish governance, operational, and architectural frameworks to mitigate risks and reduce inefficiencies to manage costs, achieve industry-specific compliance objectives, and enhance security. In addition, the company offers managed applications, including running large-scale SaaS applications for customers on its and public cloud infrastructure; 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. Read More Rackspace Technology Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks43rd Percentile Overall ScoreRXT MarketRank™: Rackspace Technology scored higher than 43% of companies evaluated by MarketBeat, and ranked 244th out of 315 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.9 / 5Analyst RatingReduce Consensus RatingRackspace Technology has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageRackspace Technology has only been the subject of 2 research reports in the past 90 days.Read more about Rackspace Technology's stock forecast and price target. Earnings and ValuationN/AProj. Earnings GrowthN/A Read more about Rackspace Technology's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted7.74% of the float of Rackspace Technology has been sold short.Short Interest Ratio / Days to CoverRackspace Technology has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Rackspace Technology has recently decreased by 11.17%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldRackspace Technology does not currently pay a dividend.Dividend GrowthRackspace Technology does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted7.74% of the float of Rackspace Technology has been sold short.Short Interest Ratio / Days to CoverRackspace Technology has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Rackspace Technology has recently decreased by 11.17%, indicating that investor sentiment is improving significantly. News and Social Media3.3 / 5News Sentiment0.91 News SentimentRackspace Technology has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 1.09 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Rackspace Technology this week, compared to 3 articles on an average week.Search Interest3 people have searched for RXT on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Rackspace Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Rackspace Technology insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.90% of the stock of Rackspace Technology is held by insiders.Percentage Held by Institutions82.48% of the stock of Rackspace Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Rackspace Technology's insider trading history. Receive RXT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rackspace Technology and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsBy entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. RXT Stock News HeadlinesComparing Rackspace Technology (NASDAQ:RXT) & Bitdeer Technologies Group (NASDAQ:BTDR)August 30 at 3:05 AM | americanbankingnews.comRackspace Technology, SMPL-C announce strategic ‘Better Together’ partnershipAugust 26, 2025 | msn.comINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffRight now, we’re witnessing a monumental shift in the world.August 30 at 2:00 AM | Traders Agency (Ad)Rackspace Technology and SMPL-C Announce Strategic “Better Together” Partnership to Accelerate CMMC Compliance for Government ContractorsAugust 26, 2025 | globenewswire.comRackspace US, Inc.: Rackspace Unveils 'RAISE': An AI-Driven Security Engine that Adapts in Real Time to Cyber ThreatsAugust 20, 2025 | finanznachrichten.deRackspace Technology announces enhancements to Cyber Defense CenterAugust 20, 2025 | msn.comRackspace Unveils 'RAISE': An AI-Driven Security Engine that Adapts in Real Time to Cyber ThreatsAugust 20, 2025 | finance.yahoo.comRackspace Unveils 'RAISE': An AI-Driven Security Engine that Adapts in Real Time to Cyber ThreatsAugust 20, 2025 | globenewswire.comSee More Headlines RXT Stock Analysis - Frequently Asked Questions How have RXT shares performed this year? Rackspace Technology's stock was trading at $2.21 on January 1st, 2025. Since then, RXT shares have decreased by 43.0% and is now trading at $1.26. How were Rackspace Technology's earnings last quarter? Rackspace Technology, Inc. (NASDAQ:RXT) issued its quarterly earnings data on Thursday, August, 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by $0.01. The firm's revenue for the quarter was down 2.7% on a year-over-year basis. Read the conference call transcript. When did Rackspace Technology IPO? Rackspace Technology (RXT) raised $754 million in an initial public offering on Wednesday, August 5th 2020. The company issued 33,500,000 shares at $21.00-$24.00 per share. Goldman Sachs, Citigroup, JPMorgan, RBC Capital Markets and Evercore ISI served as the underwriters for the IPO and Barclays, BMO Capital Markets, Credit Suisse, Deutsche Bank Securities, HSBC, LionTree, Siebert Williams Shank, Drexel Hamilton and Apollo Global Securities were co-managers. Who are Rackspace Technology's major shareholders? Top institutional investors of Rackspace Technology include Geode Capital Management LLC (0.87%), JPMorgan Chase & Co. (0.61%), Russell Investments Group Ltd. (0.35%) and Raymond James Financial Inc. (0.19%). Insiders that own company stock include Amar Maletira, Dharmendra Kumar Sinha, Mark A Marino, Srini Koushik, Kellie Teal-Guess, Casey L Shilling, Anthony C Roberts and Shashank Samant. View institutional ownership trends. How do I buy shares of Rackspace Technology? Shares of RXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Rackspace Technology own? Based on aggregate information from My MarketBeat watchlists, some other companies that Rackspace Technology investors own include NVIDIA (NVDA), Meta Platforms (META), CrowdStrike (CRWD), Advanced Micro Devices (AMD), Digital Turbine (APPS). Company Calendar Last Earnings8/07/2025Today8/30/2025Next Earnings (Estimated)11/11/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Technology Services Sub-IndustryComputer Software Current SymbolNASDAQ:RXT CIK1810019 Webwww.rackspace.com Phone210-312-4000FaxN/AEmployees5,100Year FoundedN/APrice Target and Rating Average Price Target for Rackspace Technology$1.58 High Price Target$2.00 Low Price Target$1.00 Potential Upside/Downside+25.0%Consensus RatingReduce Rating Score (0-4)1.80 Research Coverage5 Analysts Profitability EPS (Trailing Twelve Months)($1.62) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income-$858.20 million Net Margins-13.85% Pretax Margin-12.79% Return on EquityN/A Return on Assets-1.47% Debt Debt-to-Equity RatioN/A Current Ratio0.77 Quick Ratio0.77 Sales & Book Value Annual Sales$2.74 billion Price / Sales0.11 Cash Flow$4.34 per share Price / Cash Flow0.29 Book Value($4.68) per share Price / Book-0.27Miscellaneous Outstanding Shares239,360,000Free Float232,420,000Market Cap$301.59 million OptionableOptionable Beta2.06 Social Links These 7 Stocks Will Be Magnificent in 2025Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.Get This Free Report This page (NASDAQ:RXT) was last updated on 8/30/2025 by MarketBeat.com Staff From Our PartnersWhat Steve Bannon revealed about Trump’s gold playA Trump advisor just said 3 words that could reset the dollar. It’s a gold move nobody saw coming—and your ...Reagan Gold Group | SponsoredINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffRight now, we’re witnessing a monumental shift in the world.Traders Agency | Sponsored“Sell Nvidia before earnings”Eric Fry just went live with one of his most controversial calls yet: “Sell Nvidia.” While Wall Street has bee...InvestorPlace | SponsoredMusk’s Project Colossus could mint millionairesI predict this single breakthrough could make Elon the world’s first trillionaire — and mint more new milliona...Brownstone Research | SponsoredTake a look at this picture ...A strange investment secret — discovered just a few short weeks before this image was taken — correctly predic...Weiss Ratings | SponsoredBONUS GUIDE - Ben Stein Prepares For the Next Financial CrisisWith inflation high, debt soaring, and global tensions rising, a financial storm may be brewing. Economist ...Goldco Precious Metals | SponsoredElon’s Secret Social Security BombshellTo All Americans Born Before April 16th, 1963: Did Trump Just Give The Green Light To Radically RE-DO Social S...Banyan Hill Publishing | SponsoredNew Federal Land Rush About to Start?A $100 Trillion Wealth Shift Is Already Underway Lithium. Oil. Gold. Trillions in U.S. resources are being ...Stansberry Research | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Rackspace Technology, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Rackspace Technology With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.