Rackspace Technology (RXT) News Today $1.13 -0.07 (-5.83%) Closing price 04:00 PM EasternExtended Trading$1.16 +0.03 (+2.57%) As of 07:09 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 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 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 June 2022 Time Period Enterprises 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.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.comRoyal Bank of Canada Lowers Rackspace Technology (NASDAQ:RXT) Price Target to $2.00May 14, 2025 | americanbankingnews.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.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.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.comInsider Selling: Rackspace Technology, Inc. (NASDAQ:RXT) Insider Sells 9,165 Shares of StockMarch 7, 2025 | insidertrades.comRackspace Technology, Inc. (NASDAQ:RXT) CFO Mark A. Marino Sells 94,571 SharesRackspace Technology, Inc. (NASDAQ:RXT - Get Free Report) CFO Mark A. Marino sold 94,571 shares of the business's stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $2.34, for a total transaction of $221,296.14. Following the transaction, the chief financial officer now directly owns 1,995,033 shares of the company's stock, valued at $4,668,377.22. The trade was a 4.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.March 6, 2025 | marketbeat.comRackspace Technology, Inc. (NASDAQ:RXT) CFO Sells $221,296.14 in StockMarch 5, 2025 | insidertrades.comRackspace Technology, Inc. (NASDAQ:RXT) CFO Mark A. Marino Sells 202,230 SharesRackspace Technology, Inc. (NASDAQ:RXT - Get Free Report) CFO Mark A. Marino sold 202,230 shares of Rackspace Technology stock in a transaction on Monday, February 24th. The stock was sold at an average price of $2.61, for a total transaction of $527,820.30. Following the completion of the transaction, the chief financial officer now directly owns 1,713,126 shares in the company, valued at $4,471,258.86. This represents a 10.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.February 27, 2025 | marketbeat.comRackspace Technology partners with Domino’s Pizza UK & IrelandFebruary 26, 2025 | markets.businessinsider.comIs Rackspace Technology, Inc. (RXT) the Best Performing Data Center Stock So Far In 2025?February 26, 2025 | msn.com10 Great Stocks This "Turnaround Master" Is BuyingFebruary 25, 2025 | benzinga.comRackspace Technology Powers Expansion and Application First Customer Engagement with Hybrid Cloud for Domino's Pizza UK & IrelandFebruary 25, 2025 | globenewswire.comRackspace Technology (NASDAQ:RXT) Trading Down 9.4% - Should You Sell?Rackspace Technology (NASDAQ:RXT) Shares Down 9.4% - Here's What HappenedFebruary 24, 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▼-0.360.72▲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▼23▲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. 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