NASDAQ:RXT Rackspace Technology (RXT) Stock Price, News & Analysis $2.71 -0.12 (-4.24%) Closing price 10/26/2026 04:00 PM EasternExtended Trading$2.74 +0.04 (+1.29%) As of 10/26/2026 07:45 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 Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Rackspace Technology Stock (NASDAQ:RXT) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Rackspace Technology alerts:Sign Up Key Stats Today's Range$2.65▼$2.8350-Day Range$2.71▼$4.2052-Week Range$0.39▼$8.60Volume3.03 million shsAverage Volume4.65 million shsMarket Capitalization$690.70 millionP/E RatioN/ADividend YieldN/APrice Target$4.00Consensus RatingReduce Company Overview Rackspace Technology, Inc. is a technology services company that helps businesses design, build, operate and optimize information technology environments across public, private and hybrid clouds. Its offerings are intended to support organizations at various stages of cloud adoption, from migration and modernization to ongoing management and optimization. The company provides managed cloud services for major cloud platforms, including Amazon Web Services, Microsoft Azure and Google Cloud. Its services also include application development and modernization, data and artificial intelligence solutions, cybersecurity, professional services, managed hosting and infrastructure management. Rackspace Technology serves customers across industries, including financial services, healthcare, retail, manufacturing and the public sector. Founded in 1998 and headquartered in San Antonio, Texas, the company originally focused on managed hosting before expanding into broader multicloud and technology services. Rackspace Technology serves customers internationally through operations and delivery capabilities spanning North America, Europe, Asia-Pacific and other global markets. The company became publicly traded on the Nasdaq in 2020.AI Generated. May Contain Errors. Read More Rackspace Technology Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks38th Percentile Overall ScoreRXT MarketRank™: 1.91410323253 of 5 starsRackspace Technology scored higher than 38% of companies evaluated by MarketBeat, and ranked 480th out of 591 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.0 / 5Analyst RatingReduce Consensus RatingRackspace Technology has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and 1 sell rating.Upside PotentialRackspace Technology has a consensus price target of $4.00, representing about 47.6% upside from its current price of $2.71.Amount of Analyst CoverageRackspace Technology has only been the subject of 1 research reports in the past 90 days.Read more about Rackspace Technology's stock forecast and price target. Earnings and Valuation0.0 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Rackspace Technology is -4.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Rackspace Technology is -4.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Read more about Rackspace Technology's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted10.46% 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 5.44.Change versus previous monthShort interest in Rackspace Technology has recently decreased by 5.41%, 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. News and Social Media2.1 / 5News Sentiment0.37 News SentimentRackspace Technology has a news sentiment score of 0.37. 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 0.60 average news sentiment score of Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Rackspace Technology this week, compared to 8 articles on an average week.Search InterestOnly 9 people have searched for RXT on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.MarketBeat Follows3 people have added Rackspace Technology to their MarketBeat watchlist in the last 30 days. Company Ownership1.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Rackspace Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,299,799.00 in company stock.Percentage Held by Insiders2.30% 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 TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By 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 HeadlinesRackspace Technology to Report Third Quarter 2026 Financial ResultsOctober 20, 2026 | globenewswire.comRackspace: The Unhealthy Fixation Over GAAP LossesSeptember 30, 2026 | seekingalpha.comFinancial legend: “This is bad, really bad...”Dr. Martin D. Weiss has publicly predicted six major American market crashes over his 55-year career, each warning issued before the crisis hit. Now the founder of Weiss Ratings, the only conflict-free rating agency in America, says he is watching a $3 trillion problem that could trigger a chain reaction across markets and banks. | Weiss Ratings (Ad)RXT CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Rackspace Technology (RXT) Investors of Securities Class Action Lawsuit Deadline on September 28, 2026September 28, 2026 | businesswire.comBronstein, Gewirtz & Grossman LLC Urges Rackspace Technology, Inc. Investors to Act: Class Action Filed Alleging Investor HarmSeptember 28, 2026 | globenewswire.comRXT Investor Alert: Rackspace Technology, Inc. Securities Class Action Notice - Contact Levi & KorsinskySeptember 28, 2026 | globenewswire.comRXT Investor Lawsuit: Rackspace Technology Sued for Securities Fraud on behalf of Investors with Losses – Contact BFA Law by September 28 Court DeadlineSeptember 28, 2026 | globenewswire.comRackspace Technology, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - RXTSeptember 28, 2026 | prnewswire.comSee More Headlines RXT Stock Analysis - Frequently Asked Questions How have RXT shares performed this year? Rackspace Technology's stock was trading at $0.9709 on January 1st, 2026. Since then, RXT shares have increased by 179.1% and is now trading at $2.71. How were Rackspace Technology's earnings last quarter? Rackspace Technology, Inc. (NASDAQ:RXT) announced its quarterly earnings data on Monday, August, 10th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.01. The firm had revenue of $670.10 million for the quarter, compared to analyst estimates of $646 million. 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? Rackspace Technology's top institutional shareholders include Mills Wealth Advisors LLC (0.03%), NFSG Corp (0.01%), Abel Hall LLC (0.01%) and GK Wealth Management LLC. Insiders that own company stock include Amar Maletira, Gajakarnan Vibushanan Kandiah, Dharmendra Kumar Sinha, Mark A Marino, Srini Koushik, Kellie Teal-Guess, Casey L Shilling, Anthony Scott and Anthony C Roberts. 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 Advanced Micro Devices (AMD), Tesla (TSLA), NVIDIA (NVDA), NIO (NIO), Palantir Technologies (PLTR), Block (XYZ) and Micron Technology (MU). Company Calendar Last Earnings8/10/2026Today10/26/2026Next Earnings (Estimated)11/09/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Yellow Zone (3w+) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 For the last 3 weeks, RXT's financial health has been in the Yellow zone, according to TradeSmith. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorTechnology Industry IT Services Sub-IndustryIT Consulting & Other Services Current SymbolNASDAQ:RXT CIK1810019 Webwww.rackspace.com Phone210-312-4000FaxN/AEmployees5,000Year Founded1998Price Target and Rating Average Price Target for Rackspace Technology$4.00 High Price Target$4.00 Low Price Target$4.00 Potential Upside/Downside+47.6%Consensus RatingReduce Rating Score (0-4)1.50 Research Coverage2 Analysts Profitability EPS (Trailing Twelve Months)($0.65) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income-$225.80 million Net Margins-5.88% Pretax Margin-5.41% Return on EquityN/A Return on Assets-1.81% Debt Debt-to-Equity RatioN/A Current Ratio0.76 Quick Ratio0.76 Sales & Book Value Annual Sales$2.69 billion Price / Sales0.26 Cash Flow$1.27 per share Price / Cash Flow2.13 Book Value($5.01) per share Price / Book-0.54Miscellaneous Outstanding Shares254,870,000Free Float249,011,000Market Cap$690.70 million OptionableOptionable Beta3.10 Social Links 7 Energy Stocks to Buy and Hold ForeverWith the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.Get This Free Report This page (NASDAQ:RXT) was last updated on 10/26/2026 by MarketBeat.com Staff. 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