NASDAQ:CYXT Cyxtera Technologies (CYXT) Stock Forecast, Price & News $0.16 +0.01 (+6.73%) (As of 05/26/2023 04:00 PM ET) Add Compare Share Share Today's Range$0.15▼$0.1850-Day Range$0.15▼$1.3352-Week Range$0.14▼$15.42Volume2.98 million shsAverage Volume1.13 million shsMarket Capitalization$29.46 millionP/E RatioN/ADividend YieldN/APrice Target$6.22 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Cyxtera Technologies MarketRank™ ForecastAnalyst RatingHold2.13 Rating ScoreUpside/Downside3,705.8% Upside$6.22 Price TargetShort InterestBearish9.83% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.47Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.73 out of 5 starsBusiness Services Sector284th out of 346 stocksComputer Programming, Data Processing, & Other Computer Related Industry46th out of 61 stocks 3.1 Analyst's Opinion Consensus RatingCyxtera Technologies has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 3 buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.22, Cyxtera Technologies has a forecasted upside of 3,705.8% from its current price of $0.16.Amount of Analyst CoverageCyxtera Technologies has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.83% of the float of Cyxtera Technologies has been sold short.Short Interest Ratio / Days to CoverCyxtera Technologies has a short interest ratio ("days to cover") of 5.9.Change versus previous month Previous Next 0.0 Dividend Strength Dividend YieldCyxtera Technologies does not currently pay a dividend.Dividend GrowthCyxtera Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CYXT. Previous Next 2.5 News and Social Media Coverage News SentimentCyxtera Technologies has a news sentiment score of 0.47. 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 Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Cyxtera Technologies this week, compared to 2 articles on an average week.Search InterestOnly 40 people have searched for CYXT on MarketBeat in the last 30 days. This is a decrease of -23% compared to the previous 30 days.MarketBeat Follows6 people have added Cyxtera Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cyxtera Technologies insiders have not sold or bought any company stock.Percentage Held by Insiders73.20% of the stock of Cyxtera Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Cyxtera Technologies is -0.05, 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 Cyxtera Technologies is -0.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCyxtera Technologies has a P/B Ratio of 0.08. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cyxtera Technologies (NASDAQ:CYXT) StockCyxtera Technologies, Inc. provides various data center products and services for enterprises, service providers, and government agencies. It offers retail colocation, interconnection, deployment, and support services; and Bare Metal, an on-demand IT infrastructure solution. The company is headquartered in Coral Gables, Florida.Read More Receive CYXT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cyxtera Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address CYXT Stock News HeadlinesMay 28, 2023 | americanbankingnews.comAnalysts Set Cyxtera Technologies, Inc. (NASDAQ:CYXT) Price Target at $6.11May 28, 2023 | americanbankingnews.comCyxtera Technologies, Inc. (NASDAQ:CYXT) Receives $6.11 Average Target Price from AnalystsMay 30, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.May 22, 2023 | marketwatch.comCyxtera Technologies Adds Vogel as Director, Increases Size of BoardMay 16, 2023 | marketwatch.comZero Trust Network Access (ZTNA) Solution Market Insights [2023-2030]: Size, Current Scope and Development TrendsMay 15, 2023 | americanbankingnews.comAnalyzing Cyxtera Technologies (NASDAQ:CYXT) & ZW Data Action Technologies (NASDAQ:CNET)May 8, 2023 | bizjournals.comCyxtera Technologies pursues potential sale, could file for bankruptcyMay 4, 2023 | bloomberg.comData Center Firm Cyxtera Close to Deal With Lenders for FundingMay 30, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.May 3, 2023 | americanbankingnews.comBrokerages Set Cyxtera Technologies, Inc. (NASDAQ:CYXT) Target Price at $6.11April 28, 2023 | marketwatch.comLatest Report on "Zero Trust Network Security Service Market" Top Companies Forecast 2023-2030April 27, 2023 | morningstar.comCyxtera Technologies Inc Ordinary Shares - Class AApril 24, 2023 | benzinga.comGreenberg Traurig Guides Miami's Development as Technology and Innovation HubApril 24, 2023 | marketwatch.com2023-2030 Managed Hosting Service Market Share, Detailed Examination of Industry Trends and OpportunitiesApril 21, 2023 | marketwatch.comBronstein, Gewirtz & Grossman, LLC Reminds Shareholders of Cyxtera Technologies (CYXT) InvestigationApril 13, 2023 | marketwatch.comRetail Colocation Market | Share, Trends, Growth Till 2030April 13, 2023 | finance.yahoo.comCyxtera Earns 5-Star Rating in 2023 CRN® Partner Program GuideApril 12, 2023 | benzinga.comGreenberg Traurig's Jaret Davis and John Owens to Speak at eMerge Americas ConferenceApril 12, 2023 | sg.finance.yahoo.com'Buy' data centre S-REITs while they are under pressure from distressed tenant: DBSApril 10, 2023 | marketwatch.comZero Trust Network Access (ZTNA) Solution Market Facts and Figures By 2031April 8, 2023 | marketwatch.comResearch on Datacenters Market Report with Projected CAGRApril 8, 2023 | americanbankingnews.comCyxtera Technologies, Inc. (NASDAQ:CYXT) Receives $6.11 Average PT from AnalystsApril 7, 2023 | marketwatch.comHyperscale Data Center Market Size and Forecast till 2030April 6, 2023 | bizjournals.comCxytera Technologies receives Nasdaq noncompliance notice, faces possible delistingApril 5, 2023 | americanbankingnews.comMagnite (NASDAQ:MGNI) & Cyxtera Technologies (NASDAQ:CYXT) Critical ContrastApril 4, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: AeroVironment (AVAV), Verizon (VZ) and Schrodinger (SDGR)March 30, 2023 | msn.comU.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.43%See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CYXT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cyxtera Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address CYXT Company Calendar Last Earnings3/16/2023Today5/29/2023Next Earnings (Estimated)8/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:CYXT CUSIPN/A CIK1794905 Webstarboardsvac.com Phone305-537-9500FaxN/AEmployees744Year FoundedN/APrice Target and Rating Average Stock Price Forecast$6.22 High Stock Price Forecast$16.00 Low Stock Price Forecast$2.00 Forecasted Upside/Downside+3,705.8%Consensus RatingHold Rating Score (0-4)2.13 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($3.56) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-355,100,000.00 Net Margins-84.13% Pretax Margin-86.48% Return on Equity-116.69% Return on Assets-15.77% Debt Debt-to-Equity Ratio31.18 Current Ratio0.43 Quick Ratio0.43 Sales & Book Value Annual Sales$746 million Price / Sales0.04 Cash Flow$0.23 per share Price / Cash Flow0.71 Book Value$2.14 per share Price / Book0.08Miscellaneous Outstanding Shares180,320,000Free Float48,325,000Market Cap$29.46 million OptionableOptionable Beta1.12 Key ExecutivesMr. Nelson Fonseca (Age 49)Pres, CEO & Director Comp: $1.47MMr. Carlos Sagasta (Age 53)Chief Financial Officer Comp: $966.63kMr. Randy Rowland (Age 49)Chief Operating Officer Comp: $956.48kMr. Edmundo Miranda (Age 46)Principal Accounting Officer Mr. Jason A. LochheadSr. VP of R&D & CTOMs. Greer AvivSr. VP of Investor RelationsMr. Victor Semah (Age 40)Chief Legal Officer, Chief Compliance Officer & Sec. Mr. Russell CozartSr. VP of Marketing & Product StrategyMr. Frank BarnettChief HR OfficerMr. David KeaseyChief Revenue OfficerMore ExecutivesKey CompetitorsJianpu TechnologyNYSE:JTProfessional Diversity NetworkNASDAQ:IPDNZW Data Action TechnologiesNASDAQ:CNETVIQ SolutionsNASDAQ:VQSMicroCloud HologramNASDAQ:HOLOView All CompetitorsInsiders & InstitutionsBalyasny Asset Management L.P.Bought 531,913 shares on 5/16/2023Ownership: 0.662%Geode Capital Management LLCBought 73,638 shares on 5/16/2023Ownership: 0.592%Squarepoint Ops LLCBought 133,165 shares on 5/16/2023Ownership: 0.175%First Trust Advisors LPBought 154,370 shares on 5/16/2023Ownership: 0.086%BlackRock Inc.Sold 60,817 shares on 5/12/2023Ownership: 1.434%View All Insider TransactionsView All Institutional Transactions CYXT Stock - Frequently Asked Questions Should I buy or sell Cyxtera Technologies stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cyxtera Technologies in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CYXT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CYXT, but not buy additional shares or sell existing shares. View CYXT analyst ratings or view top-rated stocks. What is Cyxtera Technologies' stock price forecast for 2023? 8 Wall Street analysts have issued 1 year price targets for Cyxtera Technologies' stock. Their CYXT share price forecasts range from $2.00 to $16.00. On average, they expect the company's stock price to reach $6.22 in the next twelve months. This suggests a possible upside of 3,705.8% from the stock's current price. View analysts price targets for CYXT or view top-rated stocks among Wall Street analysts. How have CYXT shares performed in 2023? Cyxtera Technologies' stock was trading at $1.92 at the beginning of 2023. Since then, CYXT shares have decreased by 91.5% and is now trading at $0.1634. View the best growth stocks for 2023 here. When is Cyxtera Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023. View our CYXT earnings forecast. How were Cyxtera Technologies' earnings last quarter? Cyxtera Technologies, Inc. (NASDAQ:CYXT) issued its quarterly earnings data on Thursday, March, 16th. The company reported ($0.31) EPS for the quarter, missing analysts' consensus estimates of ($0.25) by $0.06. The company earned $192.90 million during the quarter, compared to analyst estimates of $190.20 million. Cyxtera Technologies had a negative trailing twelve-month return on equity of 116.69% and a negative net margin of 84.13%. What ETFs hold Cyxtera Technologies' stock? ETFs with the largest weight of Cyxtera Technologies (NASDAQ:CYXT) stock in their portfolio include Global X Data Center REITs & Digital Infrastructure ETF (VPN), What is Cyxtera Technologies' stock symbol? Cyxtera Technologies trades on the NASDAQ under the ticker symbol "CYXT." Who are Cyxtera Technologies' major shareholders? Cyxtera Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (9.87%), BlackRock Inc. (1.43%), Balyasny Asset Management L.P. (0.66%), Geode Capital Management LLC (0.59%), Columbus Hill Capital Management L.P. (0.37%) and Squarepoint Ops LLC (0.17%). Insiders that own company stock include Carlos Ignacio Sagasta, Edmundo Miranda, James Randolph Rowland and Nelson A Fonseca Jr. View institutional ownership trends. How do I buy shares of Cyxtera Technologies? Shares of CYXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Cyxtera Technologies' stock price today? One share of CYXT stock can currently be purchased for approximately $0.16. How much money does Cyxtera Technologies make? Cyxtera Technologies (NASDAQ:CYXT) has a market capitalization of $29.46 million and generates $746 million in revenue each year. The company earns $-355,100,000.00 in net income (profit) each year or ($3.56) on an earnings per share basis. How many employees does Cyxtera Technologies have? The company employs 744 workers across the globe. How can I contact Cyxtera Technologies? Cyxtera Technologies' mailing address is 777 Third Avenue 18th Floor, New York NY, 10017. The official website for the company is starboardsvac.com. The company can be reached via phone at 305-537-9500 or via email at ir@starboardsvac.com. 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