NASDAQ:RXT Rackspace Technology (RXT) Stock Price, News & Analysis $3.63 -0.05 (-1.36%) Closing price 04:00 PM EasternExtended Trading$3.66 +0.02 (+0.69%) As of 07:33 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$3.55▼$3.7150-Day Range$3.00▼$5.1552-Week Range$0.39▼$8.60Volume2.63 million shsAverage Volume18.42 million shsMarket Capitalization$925.18 millionP/E RatioN/ADividend YieldN/APrice Target$4.00Consensus RatingReduce Company Overview Rackspace Technology, Inc. is a technology services company that helps organizations design, build, operate and modernize cloud-based IT environments. The company supports public, private and hybrid cloud infrastructures, working with major cloud platforms such as Amazon Web Services, Microsoft Azure and Google Cloud. Its services include managed cloud operations, cloud migration and optimization, application modernization, data and artificial intelligence solutions, cybersecurity, professional services and dedicated hosting. Rackspace Technology also provides expertise in databases, containers, multicloud management and digital transformation, serving businesses that need assistance managing complex technology environments. Founded in 1998 and headquartered in San Antonio, Texas, the company was originally known as Rackspace Hosting before adopting the Rackspace Technology name to reflect its broader cloud and technology services portfolio. It serves customers internationally across a range of industries. Amar Maletira has served as the company’s chief executive officer since 2022.AI Generated. May Contain Errors. Read More Rackspace Technology Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks16th Percentile Overall ScoreRXT MarketRank™: 0.803183791605 of 5 starsRackspace Technology scored higher than 16% of companies evaluated by MarketBeat, and ranked 537th out of 593 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.8 / 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 10.2% upside from its current price of $3.63.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 -5.58, 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 -5.58, 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 Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted11.06% 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 4.17.Change versus previous monthShort interest in Rackspace Technology has recently increased by 1.69%, indicating that investor sentiment is decreasing. 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 Media3.0 / 5News Sentiment0.82 News SentimentRackspace Technology has a news sentiment score of 0.82. 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 higher news sentiment than the 0.66 average news sentiment score of Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Rackspace Technology this week, compared to 8 articles on an average week.Search InterestOnly 15 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 Follows1 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 (NASDAQ:RXT) Stock Price Down 6.4% - Should You Sell?October 5, 2026 | americanbankingnews.comRackspace: The Unhealthy Fixation Over GAAP LossesSeptember 30, 2026 | seekingalpha.comThe $15 Gold Fund That Pays Up to $1,152/MonthGold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required. Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away.October 13 at 1:00 AM | Investors Alley (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 at the beginning of 2026. Since then, RXT stock has increased by 273.9% and is now trading at $3.63. How were Rackspace Technology's earnings last quarter? Rackspace Technology, Inc. (NASDAQ:RXT) announced its quarterly earnings results on Monday, August, 10th. The company reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.01. The company had revenue of $670.10 million for the quarter, compared to analysts' expectations of $646 million. Read the conference call transcript. When did Rackspace Technology IPO? Rackspace Technology (RXT) raised $754 million in an initial public offering (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. Who are Rackspace Technology's major shareholders? Top institutional shareholders of Rackspace Technology include 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), Micron Technology (MU) and Ford Motor (F). Company Calendar Last Earnings8/10/2026Today10/13/2026Next Earnings (Estimated)11/05/2026Fiscal 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 (1w+) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 For the last 8 days, 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+10.2%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 / Sales0.34 Cash Flow$1.24 per share Price / Cash Flow2.93 Book Value($5.01) per share Price / Book-0.72Miscellaneous Outstanding Shares254,870,000Free Float249,011,000Market Cap$925.18 million OptionableOptionable Beta3.10 Social Links The 10 Best High-Yield Dividend Stocks for 2026Discover the 10 Best High-Yield Dividend Stocks for 2026 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 10/13/2026 by MarketBeat.com Staff. From Our PartnersYour $29.97 book is free todayWhy Some Traders Skip Stocks Entirely You don't need a big account to trade options. In fact, options ca...Profits Run | SponsoredThese gold assets are priced for $1,800 gold [it's over $4,000]Gold's major miners are generating record free cash flow, with margins as high as 75 percent even after gold's...Golden Portfolio | SponsoredYour withdrawal order could cost you in taxesIf you have $2M or more saved, the 4% rule points to roughly $92,000 a year - but it's a single-variable answe...SmartAsset | SponsoredElon Musk’s Hushed FCC Filing. Dec 8th.Elon Musk quietly filed a document with the federal government tied to artificial intelligence, one of the lar...Paradigm Press | SponsoredWhy major institutions are piling into this digital asset nowBlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one t...Awesomely | SponsoredTrump goes "all-in" on Grand Canyon energy breakthroughA drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of...Behind the Markets | SponsoredMajor Buy Alert Issued for October 31stKeith Kaplan has invested $17 million into his own AI research tools, building a platform now used by 180,000 ...TradeSmith | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Rackspace Technology, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Rackspace Technology With A Colleague Link copied to clipboard. Unlock superior investment research and tools. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools and reports. Get MarketBeat All Access MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In Email Me a Login Link or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Free RXT Stock Alerts