Rackspace Technology (RXT) News Today $1.37 -0.06 (-4.20%) As of 10:04 AM Eastern Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock RXT Latest News All Sources Trusted Sources MarketBeat Benzinga Bloomberg GlobeNewswire GuruFocus MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha TalkMarkets The Street TipRanks The Wall Street Journal Wall Street Zen Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative Most Recent June 2025 May 2025 April 2025 March 2025 February 2025 January 2025 December 2024 November 2024 October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 Time Period Rackspace Study Reveals AI Leaders Are Scaling Agents at 3x the Rate of Their PeersJune 12 at 8:00 AM | globenewswire.comRackspace Technology (NASDAQ:RXT) Lowered to Sell Rating by Wall Street ZenJune 8, 2025 | americanbankingnews.comAnalysts Offer Insights on Technology Companies: Shift4 Payments (FOUR), Rackspace Technology (RXT) and Snowflake (SNOW)June 7, 2025 | theglobeandmail.comTwo Sigma Investments LP Purchases 383,938 Shares of Rackspace Technology, Inc. (NASDAQ:RXT)Two Sigma Investments LP raised its position in shares of Rackspace Technology, Inc. (NASDAQ:RXT - Free Report) by 1,692.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 406,621 shares of the company's stock aJune 7, 2025 | marketbeat.comWall Street Zen Downgrades Rackspace Technology (NASDAQ:RXT) to SellWall Street Zen lowered shares of Rackspace Technology from a "hold" rating to a "sell" rating in a research note on Friday.June 7, 2025 | marketbeat.comRackspace Technology (NASDAQ:RXT) Receives Market Perform Rating from Raymond JamesJune 4, 2025 | americanbankingnews.comRaymond James Downgrades Rackspace Technology (RXT)June 2, 2025 | msn.comRackspace Technology (NASDAQ:RXT) Earns "Market Perform" Rating from Raymond JamesRaymond James reissued a "market perform" rating on shares of Rackspace Technology in a research report on Monday.June 2, 2025 | marketbeat.comRackspace Technology Recognized by Dell Technologies with Two Regional Global Alliances Partner of the Year Awards for 2025May 29, 2025 | finance.yahoo.comMackenzie Financial Corp Sells 2,550,080 Shares of Rackspace Technology, Inc. (NASDAQ:RXT)Mackenzie Financial Corp cut its stake in Rackspace Technology, Inc. (NASDAQ:RXT - Free Report) by 43.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,261,615 shares of the company's stock after selling 2,550May 29, 2025 | marketbeat.comJane Street Group LLC Cuts Stock Position in Rackspace Technology, Inc. (NASDAQ:RXT)Jane Street Group LLC cut its holdings in Rackspace Technology, Inc. (NASDAQ:RXT - Free Report) by 53.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 362,141 shares of the company's stock after seMay 26, 2025 | marketbeat.comEnterprises to Advance Cyber Resilience in Public Cloud with Rubrik and Rackspace TechnologyMay 21, 2025 | globenewswire.comRackspace: Shifting To Higher-Margin Cloud, Amid Risks (Rating Downgrade)May 19, 2025 | seekingalpha.comRackspace Technology (NASDAQ:RXT) Price Target Cut to $2.00 by Analysts at Royal Bank of CanadaRoyal Bank of Canada reduced their target price on Rackspace Technology from $3.00 to $2.00 and set a "sector perform" rating for the company in a research note on Monday.May 14, 2025 | marketbeat.comRackspace Technology (NASDAQ:RXT) Releases Earnings Results, Beats Expectations By $0.02 EPSRackspace Technology (NASDAQ:RXT - Get Free Report) released its earnings results on Thursday. The company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.02. The company had revenue of $665.40 million during the quarter, compared to the consensus estimate of $657.98 million. During the same period last year, the firm posted ($0.11) earnings per share. The company's revenue was down 3.7% compared to the same quarter last year.May 12, 2025 | marketbeat.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.comRackspace projects $653M-$665M Q2 revenue with strategic shifts in cloud servicesMay 10, 2025 | msn.comRackspace Technology’s Earnings Call Highlights Growth Amid ChallengesMay 9, 2025 | tipranks.comRackspace US, Inc.: Rackspace Technology Reports First Quarter 2025 ResultsMay 9, 2025 | finanznachrichten.deRackspace Technology Reports Improved Q1 2025 ResultsMay 9, 2025 | tipranks.comRackspace Technology, Inc. (RXT) Q1 2025 Earnings Conference Call TranscriptMay 8, 2025 | seekingalpha.comRackspace Technology Reports First Quarter 2025 ResultsMay 8, 2025 | globenewswire.comRackspace Technology, Inc. (NASDAQ:RXT) Shares Sold by CastleKnight Management LPCastleKnight Management LP cut its stake in Rackspace Technology, Inc. (NASDAQ:RXT - Free Report) by 7.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,391,147 shares of the company's stock after selling 280,May 8, 2025 | marketbeat.comRaymond James Financial Inc. Takes $855,000 Position in Rackspace Technology, Inc. (NASDAQ:RXT)Raymond James Financial Inc. acquired a new position in Rackspace Technology, Inc. (NASDAQ:RXT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 386,965 shares of the company's sMay 8, 2025 | marketbeat.comRackspace Technology (RXT) to Release Quarterly Earnings on ThursdayRackspace Technology (NASDAQ:RXT) will be releasing its Q1 2025 earnings after the market closes on Thursday, May 8. (View Earnings Report at https://www.marketbeat.com/earnings/reports/2025-5-8-rackspace-technology-inc-stock/)May 3, 2025 | marketbeat.comEnterprises to Redefine Cyber Resilience with Rackspace and RubrikApril 30, 2025 | globenewswire.comRackspace Technology (NASDAQ:RXT) Given New $1.00 Price Target at BarclaysBarclays cut their price target on Rackspace Technology from $2.00 to $1.00 and set an "underweight" rating for the company in a report on Friday.April 27, 2025 | marketbeat.comRackspace Technology price target lowered to $1 from $2 at BarclaysApril 26, 2025 | markets.businessinsider.comWalleye Capital LLC Acquires Shares of 239,873 Rackspace Technology, Inc. (NASDAQ:RXT)Walleye Capital LLC acquired a new position in Rackspace Technology, Inc. (NASDAQ:RXT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 239,873 shares of the company's stock, valApril 25, 2025 | marketbeat.comRenaissance Technologies LLC Raises Stake in Rackspace Technology, Inc. (NASDAQ:RXT)Renaissance Technologies LLC grew its holdings in Rackspace Technology, Inc. (NASDAQ:RXT - Free Report) by 24.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,929,127 shares of the company's stock after buying an additional 373,627 shares during the pApril 23, 2025 | marketbeat.comRackspace Technology to Announce First Quarter 2025 Earnings on May 8, 2025April 15, 2025 | globenewswire.com323,725 Shares in Rackspace Technology, Inc. (NASDAQ:RXT) Purchased by Prudential Financial Inc.Prudential Financial Inc. bought a new stake in shares of Rackspace Technology, Inc. (NASDAQ:RXT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 323,725 shares ofApril 10, 2025 | marketbeat.comRackspace Technology Receives Bronze Award from UK Armed Forces Covenant, Demonstrating Commitment to Veterans and the UK Public SectorApril 8, 2025 | globenewswire.comRaymond James Financial Inc. Invests $855,000 in Rackspace Technology, Inc. (NASDAQ:RXT)Raymond James Financial Inc. acquired a new stake in Rackspace Technology, Inc. (NASDAQ:RXT - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 386,965 shares of the company's stock, valued at approximately $855,000. Raymond James FinancialApril 6, 2025 | marketbeat.comRackspace Technology, Inc. (NASDAQ:RXT) Sees Large Growth in Short InterestRackspace Technology, Inc. (NASDAQ:RXT - Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 3,720,000 shares, a growth of 22.8% from the February 28th total of 3,030,000 shares. Based on an average daily trading volume, of 922,400 shares, the days-to-cover ratio is presently 4.0 days. Currently, 5.7% of the shares of the stock are sold short.April 3, 2025 | marketbeat.comRackspace Technology appoints KPMG as new auditorMarch 29, 2025 | investing.comRackspace (RXT) Launches New AI Cloud Platform – Simplifying AI Adoption for BusinessesMarch 28, 2025 | msn.comRackspace Technology Announces Rackspace AI Business, A Comprehensive AI-Ready Platform Engineered to Optimize Enterprise AI WorkloadsMarch 25, 2025 | globenewswire.comInsider Selling: Rackspace Technology, Inc. (NASDAQ:RXT) CFO Sells 20,217 Shares of StockRackspace Technology, Inc. (NASDAQ:RXT - Get Free Report) CFO Mark A. Marino sold 20,217 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $1.87, for a total transaction of $37,805.79. Following the completion of the sale, the chief financial officer now owns 1,917,446 shares of the company's stock, valued at approximately $3,585,624.02. This trade represents a 1.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.March 20, 2025 | marketbeat.comInsider Selling: Rackspace Technology, Inc. (NASDAQ:RXT) Insider Sells 73,972 Shares of StockRackspace Technology, Inc. (NASDAQ:RXT - Get Free Report) insider Srini Koushik sold 73,972 shares of Rackspace Technology stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $1.87, for a total transaction of $138,327.64. Following the sale, the insider now directly owns 935,114 shares in the company, valued at approximately $1,748,663.18. The trade was a 7.33 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.March 20, 2025 | marketbeat.comRackspace Technology, Inc. (NASDAQ:RXT) EVP Dharmendra Kumar Sinha Sells 176,374 SharesRackspace Technology, Inc. (NASDAQ:RXT - Get Free Report) EVP Dharmendra Kumar Sinha sold 176,374 shares of the company's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $1.87, for a total transaction of $329,819.38. Following the completion of the transaction, the executive vice president now owns 2,117,455 shares in the company, valued at approximately $3,959,640.85. This trade represents a 7.69 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.March 20, 2025 | marketbeat.comRackspace Technology, Inc. (NASDAQ:RXT) CEO Amar Maletira Sells 521,840 SharesRackspace Technology, Inc. (NASDAQ:RXT - Get Free Report) CEO Amar Maletira sold 521,840 shares of the business's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $1.87, for a total value of $975,840.80. Following the transaction, the chief executive officer now directly owns 4,368,328 shares in the company, valued at $8,168,773.36. The trade was a 10.67 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.March 20, 2025 | marketbeat.comRackspace Technology, Inc. (NASDAQ:RXT) CFO Sells $37,805.79 in StockMarch 20, 2025 | insidertrades.comIs Rackspace Technology, Inc. (RXT) the Most Volatile Stock Under $3 For Day Trading?March 18, 2025 | insidermonkey.comRackspace Technology, Inc. (NASDAQ:RXT) Short Interest Down 25.0% in FebruaryRackspace Technology, Inc. (NASDAQ:RXT - Get Free Report) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 3,030,000 shares, a decline of 25.0% from the February 13th total of 4,040,000 shares. Based on an average daily trading volume, of 859,200 shares, the short-interest ratio is presently 3.5 days. Currently, 4.9% of the company's shares are sold short.March 17, 2025 | marketbeat.comRackspace Technology, Inc. (NASDAQ:RXT) Insider Srini Koushik Sells 9,165 SharesRackspace Technology, Inc. (NASDAQ:RXT - Get Free Report) insider Srini Koushik sold 9,165 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $2.37, for a total transaction of $21,721.05. Following the sale, the insider now owns 1,009,086 shares of the company's stock, valued at $2,391,533.82. This trade represents a 0.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.March 7, 2025 | marketbeat.comInsider Selling: Rackspace Technology, Inc. (NASDAQ:RXT) EVP Sells 17,480 Shares of StockRackspace Technology, Inc. (NASDAQ:RXT - Get Free Report) EVP Dharmendra Kumar Sinha sold 17,480 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $2.37, for a total transaction of $41,427.60. Following the completion of the sale, the executive vice president now directly owns 2,293,829 shares of the company's stock, valued at $5,436,374.73. The trade was a 0.76 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.March 7, 2025 | marketbeat.comRackspace Technology, Inc. (NASDAQ:RXT) CEO Amar Maletira Sells 38,355 SharesRackspace Technology, Inc. (NASDAQ:RXT - Get Free Report) CEO Amar Maletira sold 38,355 shares of the company's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $2.37, for a total transaction of $90,901.35. Following the transaction, the chief executive officer now directly owns 4,890,168 shares of the company's stock, valued at $11,589,698.16. This represents a 0.78 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.March 7, 2025 | marketbeat.com Get Rackspace Technology News Delivered to You Automatically Sign up to receive the latest news and ratings for RXT and its competitors with MarketBeat's FREE daily newsletter. Email Address RXT Media Mentions By Week RXT Media Sentiment Learn about the media sentiment score. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. RXT News Sentiment▼0.730.86▲Average Business Services News Sentiment RXT News Coverage Learn about the media coverage comparison. We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. RXT Articles This Week▼53▲RXT Articles Average Week Get Rackspace Technology News Delivered to You Automatically Sign up to receive the latest news and ratings for RXT and its competitors with MarketBeat's FREE daily newsletter. Email Address Related Companies and Tools Related Companies VTEX News FSLY News TBLA News SABR News BBAI News YALA News BASE News GDYN News DAVA News MOMO News Headlines Tools Trending Media MentionsHigh Media Sentiment StocksLive News FeedMarketBeat OriginalsStock Ideas This page (NASDAQ:RXT) was last updated on 6/12/2025 by MarketBeat.com Staff From Our PartnersTrump’s Exec Order #14154 could be a “Millionaire-Maker”Former Presidential Advisor, Jim Rickards, says Trump could “rewire our economy and hand millions of Americans...Paradigm Press | SponsoredTrump wipes out trillions overnight…Is there anybody more powerful than Donald Trump right now? In a single tariff announcement, he wiped out n...Porter & Company | Sponsored[No Brainer Gold Play]: “Show me a better investment.”A Historic Gold Announcement Is About to Rock Wall Street? For months, sharp-eyed analysts have watched the...Golden Portfolio | SponsoredAn AI run of epic proportions is only getting startedI just put together an urgent new presentation that you need to see right away. In short: I believe we are...Timothy Sykes | SponsoredBig Changes Coming to Social Security?According to legendary investor Louis Navellier... This new Trump move could soon not only save Social Secu...InvestorPlace | SponsoredSHOCKING: Musk's Pentagon Secret Mission...It's about a harrowing message discovered on December 16, 2024: "美国军方暗杀名单" It's the reason President Tru...Behind the Markets | SponsoredElon’s NEXT Big IPO?Cancel your internet TODAY!? Take your latest internet bill and light it on fire… then count the seconds it...Banyan Hill Publishing | SponsoredThe one deadline Elon can't afford to miss...For years, Elon Musk made headlines for blowing past deadlines — so often that investors coined a nickname for...Brownstone Research | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five 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. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial 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 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.
Buy RXT Stock Free RXT Stock Alerts