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NASDAQ:RXT

Rackspace Technology (RXT) Stock Price, News & Analysis

Rackspace Technology logo
$1.31 +0.14 (+11.97%)
Closing price 08/22/2025 04:00 PM Eastern
Extended Trading
$1.30 -0.01 (-0.38%)
As of 07:00 AM 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
$1.17
$1.33
50-Day Range
$1.14
$1.57
52-Week Range
$1.00
$3.41
Volume
1.82 million shs
Average Volume
803,795 shs
Market Capitalization
$313.56 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
25th Percentile Overall Score

RXT MarketRank™: 

Rackspace Technology scored higher than 25% of companies evaluated by MarketBeat, and ranked 244th out of 305 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.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Rackspace Technology is -0.81, 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. Sector

    The P/E ratio of Rackspace Technology is -0.81, 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.
  • 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 0.32. 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 0.77 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Rackspace Technology this week, compared to 3 articles on an average week.
  • Search Interest

    1 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.
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RXT Stock News Headlines

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RXT Stock Analysis - Frequently Asked Questions

Rackspace Technology's stock was trading at $2.21 at the beginning of the year. Since then, RXT shares have decreased by 40.7% and is now trading at $1.31.

Rackspace Technology, Inc. (NASDAQ:RXT) released its earnings results on Thursday, August, 7th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.05) by $0.01. The business's revenue for the quarter was down 2.7% compared to the same quarter last year.
Read the conference call transcript
.

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 acted 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.

Rackspace Technology's top institutional shareholders 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
8/25/2025
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
+20.2%
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
$4.52 per share
Price / Cash Flow
0.29
Book Value
($4.41) per share
Price / Book
-0.30

Miscellaneous

Outstanding Shares
239,360,000
Free Float
232,420,000
Market Cap
$313.56 million
Optionable
Optionable
Beta
2.06

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This page (NASDAQ:RXT) was last updated on 8/25/2025 by MarketBeat.com Staff
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