NASDAQ:RXT Rackspace Technology (RXT) Stock Price, News & Analysis $1.18 -0.03 (-2.48%) Closing price 08/1/2025 04:00 PM EasternExtended Trading$1.18 0.00 (-0.42%) As of 08/1/2025 06:25 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. 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$1.15▼$1.2650-Day Range$1.03▼$1.5752-Week Range$1.00▼$3.41Volume1.09 million shsAverage Volume883,903 shsMarket Capitalization$280.12 millionP/E RatioN/ADividend YieldN/APrice Target$1.63Consensus RatingReduce Company Overview Rackspace 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™ Stocks26th Percentile Overall ScoreRXT MarketRank™: Rackspace Technology scored higher than 26% of companies evaluated by MarketBeat, and ranked 239th 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. Analyst's Opinion2.9 / 5Analyst RatingReduce Consensus RatingRackspace Technology has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on no buy ratings, 3 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 -0.92, 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 -0.92, 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 Shorted8.71% 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 5.3.Change versus previous month 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 Shorted8.71% 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 5.3.Change versus previous month News and Social Media2.3 / 5News Sentiment0.14 News SentimentRackspace Technology has a news sentiment score of 0.14. 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 0.67 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Rackspace Technology this week, compared to 3 articles on an average week.MarketBeat Follows2 people have added Rackspace Technology to their MarketBeat watchlist in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Rackspace Technology insiders have not sold or bought any 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 HeadlinesImplied Volatility Surging for Rackspace Stock OptionsAugust 1 at 1:21 PM | msn.comRackspace Receives SBTi Approval for Net-Zero Targets, Reinforcing Commitment to Sustainable Operations and InnovationJuly 31 at 4:05 PM | globenewswire.comThe stealth altcoin the financial world is underestimatingThe Single Most Undervalued DeFi Protocol You've Never Heard Of If there's one cryptocurrency you should buy in this market, this token might just be it.August 2 at 2:00 AM | Crypto 101 Media (Ad)Rackspace Technology, Inc.'s (NASDAQ:RXT) 14% loss last week hit both individual investors who own 55% as well as institutionsJuly 31 at 5:46 AM | finance.yahoo.comRackspace Technology to Announce Second Quarter 2025 Earnings on August 7, 2025July 18, 2025 | globenewswire.comRackspace Technology Announces MCP Accelerator by FAIR and Agentic AI Accelerators on AWS Bedrock, Enabling Enterprise Intelligence at ScaleJuly 17, 2025 | globenewswire.comRackspace US, Inc.: Enterprises Enhance Privacy, Security and Control with Rackspace Technology's OpenStack Business Private CloudJuly 8, 2025 | finanznachrichten.deEnterprises Enhance Privacy, Security and Control with Rackspace Technology’s OpenStack Business Private CloudJuly 8, 2025 | finance.yahoo.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 stock has decreased by 46.6% and is now trading at $1.18. How were Rackspace Technology's earnings last quarter? Rackspace Technology, Inc. (NASDAQ:RXT) released its quarterly earnings results on Thursday, May, 8th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.02. The business's quarterly 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 initial public offering (IPO) on Wednesday, August 5th 2020. The company issued 33,500,000 shares at a price of $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. 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 Earnings5/08/2025Today8/02/2025Next Earnings (Estimated)8/07/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Technology Services Sub-IndustryComputer Software Current SymbolNASDAQ:RXT CIK1810019 Webwww.rackspace.com Phone210-312-4000FaxN/AEmployees5,100Year FoundedN/APrice Target and Rating Average Price Target for Rackspace Technology$1.63 High Price Target$2.00 Low Price Target$1.00 Potential Upside/Downside+38.4%Consensus RatingReduce Rating Score (0-4)1.75 Research Coverage4 Analysts Profitability EPS (Trailing Twelve Months)($1.28) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income-$858.20 million Net Margins-10.82% Pretax Margin-11.05% Return on EquityN/A Return on Assets-1.55% Debt Debt-to-Equity RatioN/A Current Ratio0.79 Quick Ratio0.79 Sales & Book Value Annual Sales$2.74 billion Price / Sales0.10 Cash Flow$4.37 per share Price / Cash Flow0.27 Book Value($4.41) per share Price / Book-0.27Miscellaneous Outstanding Shares237,390,000Free Float230,505,000Market Cap$280.12 million OptionableOptionable Beta2.06 Social Links (Almost) Everything You Need To Know About The EV MarketLooking to profit from the electric vehicle mega-trend? 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