Free Trial
NASDAQ:RXT

Rackspace Technology (RXT) Stock Price, News & Analysis

Rackspace Technology logo
$1.26 -0.04 (-3.08%)
Closing price 08/29/2025 04:00 PM Eastern
Extended 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.

About Rackspace Technology Stock (NASDAQ:RXT)

Key Stats

Today's Range
$1.23
$1.30
50-Day Range
$1.14
$1.57
52-Week Range
$1.00
$3.41
Volume
753,301 shs
Average Volume
781,655 shs
Market Capitalization
$301.59 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.58
Consensus Rating
Reduce

Company Overview

Rackspace Technology Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
43rd Percentile Overall Score

RXT 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.

  • Consensus Rating

    Rackspace 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 Coverage

    Rackspace 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.
  • Percentage of Shares Shorted

    7.74% of the float of Rackspace Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    Rackspace Technology has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in Rackspace Technology has recently decreased by 11.17%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Rackspace Technology does not currently pay a dividend.

  • Dividend Growth

    Rackspace Technology does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    7.74% of the float of Rackspace Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    Rackspace Technology has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in Rackspace Technology has recently decreased by 11.17%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Rackspace 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 Week

    MarketBeat has tracked 5 news articles for Rackspace Technology this week, compared to 3 articles on an average week.
  • Search Interest

    3 people have searched for RXT on MarketBeat in the last 30 days.
  • MarketBeat Follows

    3 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.
  • Insider Buying vs. Insider Selling

    In the past three months, Rackspace Technology insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.90% of the stock of Rackspace Technology is held by insiders.

  • Percentage Held by Institutions

    82.48% 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.

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 Headlines

What Steve Bannon revealed about Trump’s gold play
A Trump advisor just said 3 words that could reset the dollar. It’s a gold move nobody saw coming—and your IRA could be at risk. Here’s how to prepare.tc pixel
See More Headlines

RXT Stock Analysis - Frequently Asked Questions

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.

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
.

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.

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
.

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.

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 Earnings
8/07/2025
Today
8/30/2025
Next Earnings (Estimated)
11/11/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Technology Services
Sub-Industry
Computer Software
Current Symbol
NASDAQ:RXT
CIK
1810019
Fax
N/A
Employees
5,100
Year Founded
N/A

Price Target and Rating

High Price Target
$2.00
Low Price Target
$1.00
Potential Upside/Downside
+25.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
5 Analysts

Profitability

EPS (Trailing Twelve Months)
($1.62)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$858.20 million
Net Margins
-13.85%
Pretax Margin
-12.79%
Return on Equity
N/A
Return on Assets
-1.47%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.77
Quick Ratio
0.77

Sales & Book Value

Annual Sales
$2.74 billion
Price / Sales
0.11
Cash Flow
$4.34 per share
Price / Cash Flow
0.29
Book Value
($4.68) per share
Price / Book
-0.27

Miscellaneous

Outstanding Shares
239,360,000
Free Float
232,420,000
Market Cap
$301.59 million
Optionable
Optionable
Beta
2.06

Social Links

The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report

This page (NASDAQ:RXT) was last updated on 8/30/2025 by MarketBeat.com Staff
From Our Partners