NASDAQ:RXT Rackspace Technology (RXT) Stock Price, News & Analysis $1.14 +0.02 (+1.33%) As of 10:02 AM Eastern This is a fair market value 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$1.12▼$1.1550-Day Range$1.13▼$1.9552-Week Range$1.11▼$3.41Volume73,142 shsAverage Volume917,993 shsMarket Capitalization$271.81 millionP/E RatioN/ADividend YieldN/APrice Target$1.63Consensus RatingReduce Company OverviewRackspace 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™ Stocks21st Percentile Overall ScoreRXT MarketRank™: Rackspace Technology scored higher than 21% of companies evaluated by MarketBeat, and ranked 263rd out of 310 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.8 / 5Analyst RatingReduce Consensus RatingRackspace Technology has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.Amount of Analyst CoverageRackspace Technology has only been the subject of 3 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 -0.29, 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 -0.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted9.16% 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 6.7.Change versus previous monthShort interest in Rackspace Technology has recently increased by 16.73%, indicating that investor sentiment is decreasing 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 Shorted9.16% 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 6.7.Change versus previous monthShort interest in Rackspace Technology has recently increased by 16.73%, indicating that investor sentiment is decreasing significantly. News and Social Media0.9 / 5News Sentiment-0.36 News SentimentRackspace Technology has a news sentiment score of -0.36. 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 0.72 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Rackspace Technology this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for RXT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Rackspace Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership2.5 / 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 $2,384,960.00 in 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. Email Address RXT Stock News HeadlinesEnterprises to Advance Cyber Resilience in Public Cloud with Rubrik and Rackspace TechnologyMay 21 at 8:00 AM | globenewswire.comRackspace: Shifting To Higher-Margin Cloud, Amid Risks (Rating Downgrade)May 19 at 1:09 AM | seekingalpha.comElon Reveals Why There Soon Won’t Be Any Money For Social SecurityElon Musk's Near-Death Experience Sparks Dire Warning for Americans After cheating death twice—once in a terrifying supercar crash with billionaire Peter Thiel, then from a deadly strain of malaria—Elon Musk emerged with a stark warning for Americans about looming financial dangers. Discover the little-known Trump IRS loophole that thousands are now using to safeguard their retirement from inflation and market turmoil—before it's too late.May 22, 2025 | Colonial Metals (Ad)Royal Bank of Canada Lowers Rackspace Technology (NASDAQ:RXT) Price Target to $2.00May 14, 2025 | americanbankingnews.comRackspace Technology (NASDAQ:RXT) Price Target Cut to $1.90 by Analysts at UBS GroupMay 12, 2025 | americanbankingnews.comEarnings call transcript: Rackspace Q1 2025 sees stock rise post-earningsMay 11, 2025 | investing.comRackspace Technology Reports Q1 2025 Financial Results: Revenue Declines 4% Year-Over-YearMay 11, 2025 | nasdaq.comRackspace Technology, Inc. (NASDAQ:RXT) Q1 2025 Earnings Call TranscriptMay 11, 2025 | insidermonkey.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 48.9% and is now trading at $1.13. View the best growth stocks for 2025 here. How were Rackspace Technology's earnings last quarter? Rackspace Technology, Inc. (NASDAQ:RXT) released its earnings results on Thursday, May, 8th. The company reported ($0.06) EPS for the quarter, topping analysts' consensus estimates of ($0.08) by $0.02. The firm's revenue was down 3.7% compared to the same quarter last year. Read the conference call transcript. When did Rackspace Technology IPO? Rackspace Technology (RXT) raised $754 million in an IPO 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 Mackenzie Financial Corp (0.95%), Jacobs Levy Equity Management Inc. (0.53%), Russell Investments Group Ltd. (0.36%) and Charles Schwab Investment Management Inc. (0.24%). Insiders that own company stock include Amar Maletira, 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 Earnings5/08/2025Today5/22/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Computer programming, data processing, & other computer related Sub-IndustryComputer Software Current SymbolNASDAQ:RXT CIK1810019 Webwww.rackspace.com Phone210-312-4000FaxN/AEmployees6,600Year FoundedN/APrice Target and Rating Average Stock Price Target$1.63 High Stock Price Target$2.00 Low Stock Price Target$1.00 Potential Upside/Downside+44.5%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.28) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-837,800,000.00 Net Margins-31.51% Pretax Margin-28.41% Return on EquityN/A Return on Assets-1.77% Debt Debt-to-Equity RatioN/A Current Ratio0.84 Quick Ratio0.84 Sales & Book Value Annual Sales$2.71 billion Price / Sales0.10 Cash Flow$2.05 per share Price / Cash Flow0.55 Book Value($0.71) per share Price / Book-1.59Miscellaneous Outstanding Shares237,389,000Free Float223,018,000Market Cap$268.25 million OptionableOptionable Beta2.14 Social Links Free Today: Your Guide to Smarter Options TradesLearn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.Get This Free Report This page (NASDAQ:RXT) was last updated on 5/22/2025 by MarketBeat.com Staff From Our PartnersJuly 2025 Rule Change to Impact Retirement InvestorsThere's a massive change from a new rule going into effect this July. And it's one the Big Banks are alread...Premier Gold Co | SponsoredTrump’s treachery Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...Porter & Company | SponsoredCollect $7k per month from Tesla’s SECRET dividendTesla doesn't pay a traditional dividend.... But I just discovered a secret backdoor to collect a secret 69...Investors Alley | SponsoredEveryone’s watching Nvidia right now. 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