1.73

3.59% 0.06

After Hours: 1.63 -0.10 -5.78%

Rackspace Technology Inc (RXT)

Overview News Price History Option Chain Financials Why RXT Down? Discussions Forecast Stock Split

Rackspace Technology Inc stock is traded at $1.73, with a volume of 823.07K. It is up +3.59% in the last 24 hours and down -27.00% over the past month. Rackspace Technology Inc is an end-to-end, hybrid, multi cloud technology services company. It designs, builds and operates its customers' cloud environments across all technology platforms, irrespective of technology stack or deployment model. The company's solutions include Application Services; Data; Colocation; Cloud; Managed Hosting; Professional Services; and Security & Compliance. It operates in segments namely, Private Cloud, and Public Cloud. It generates revenue through the sale of consumption-based contracts for its service offerings and from the sale of professional services related to designing and building custom solutions.

Previous Close:

$1.67

Open:

$1.64

24h Volume:

823.07K

Relative Volume:

0.91

Market Cap:

$396.30M

Revenue:

$2.83B

Net Income/Loss:

$-814.20M

P/E Ratio:

-0.4651

EPS:

-3.72

Net Cash Flow:

$144.70M

1W Performance:

-1.70%

1M Performance:

-27.00%

6M Performance:

-27.31%

1Y Performance:

+5.49%

1-Day Range:

$1.63

$1.765

1-Week Range:

$1.555

$1.80

52-Week Range:

$1.51

$3.4088

Rackspace Technology Inc Stock (RXT) Company Profile

Name

Rackspace Technology Inc

Sector

Technology (782)

Industry

Software - Infrastructure (170)

Phone

1-800-961-4454

Address

1 FANATICAL PLACE, SAN ANTONIO

Employee

5,100

Twitter

Next Earnings Date

2024-11-12

Latest SEC Filings

RXT's Discussions on Twitter

Compare RXT with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
RXT Rackspace Technology Inc	1.73	396.30M	2.83B	-814.20M	144.70M	-3.72
MSFT Microsoft Corporation	382.14	2.84T	261.80B	92.75B	70.03B	12.42
ORCL Oracle Corp	145.86	393.32B	55.78B	12.16B	5.81B	4.26
PLTR Palantir Technologies Inc	87.45	198.60B	2.87B	462.19M	1.14B	0.19
CRWD Crowdstrike Holdings Inc	371.49	89.82B	3.95B	-19.27M	1.07B	-0.08
FTNT Fortinet Inc	98.08	74.34B	5.96B	1.75B	1.88B	2.26

Rackspace Technology Inc Stock (RXT) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Nov-07-23	Initiated	UBS	Neutral
Sep-19-23	Upgrade	Raymond James	Mkt Perform → Outperform
Jul-25-23	Downgrade	Citigroup	Neutral → Sell
Oct-11-22	Downgrade	Evercore ISI	Outperform → In-line
Aug-16-22	Downgrade	JP Morgan	Neutral → Underweight
Aug-11-22	Downgrade	RBC Capital Mkts	Outperform → Sector Perform
Aug-10-22	Downgrade	Raymond James	Outperform → Mkt Perform
Aug-10-22	Downgrade	William Blair	Outperform → Mkt Perform
Jul-15-22	Downgrade	Barclays	Equal Weight → Underweight
May-11-22	Upgrade	Raymond James	Mkt Perform → Outperform
Apr-08-22	Downgrade	Oppenheimer	Outperform → Perform
Feb-23-22	Downgrade	BMO Capital Markets	Outperform → Market Perform
Feb-23-22	Reiterated	Citigroup	Buy
Feb-23-22	Reiterated	Credit Suisse	Outperform
Feb-23-22	Downgrade	Deutsche Bank	Buy → Hold
Feb-23-22	Reiterated	Oppenheimer	Outperform
Feb-23-22	Reiterated	RBC Capital Mkts	Outperform
Aug-17-21	Downgrade	JP Morgan	Overweight → Neutral
Aug-13-21	Downgrade	Barclays	Overweight → Equal Weight
Aug-12-21	Downgrade	Raymond James	Strong Buy → Mkt Perform
Jun-29-21	Resumed	Citigroup	Buy
May-12-21	Upgrade	Raymond James	Outperform → Strong Buy
Apr-20-21	Initiated	Raymond James	Outperform
Apr-01-21	Initiated	William Blair	Outperform
Jan-26-21	Initiated	Oppenheimer	Outperform
Aug-31-20	Initiated	BMO Capital Markets	Outperform
Aug-31-20	Initiated	Barclays	Overweight
Aug-31-20	Initiated	Citigroup	Buy
Aug-31-20	Initiated	Credit Suisse	Outperform
Aug-31-20	Initiated	Deutsche Bank	Buy
Aug-31-20	Initiated	Evercore ISI	Outperform
Aug-31-20	Initiated	Goldman	Buy
Aug-31-20	Initiated	JP Morgan	Overweight
Aug-31-20	Initiated	RBC Capital Mkts	Outperform

View All

Rackspace Technology Inc Stock (RXT) Latest News

Mar 28, 2025

Rackspace (RXT) Launches New AI Cloud Platform – Simplifying AI Adoption for Businesses - Insider Monkey

Mar 28, 2025

Mar 27, 2025

Rackspace Technology appoints KPMG as new auditor By Investing.com - Investing.com Canada

Mar 27, 2025

Rackspace Technology appoints KPMG as new auditor - Investing.com

Mar 27, 2025

Rackspace denies hacker group's claims that its systems were breached - San Antonio Express-News

Mar 27, 2025

Mar 26, 2025

Rackspace Technology Announces Rackspace AI Business, A - GlobeNewswire

Mar 26, 2025

Mar 25, 2025

Rackspace Technology Launches AI Business Platform for Optimized Hybrid Cloud Solutions - Nasdaq

Mar 25, 2025

Rackspace Technology Announces Rackspace AI Business, A Comprehensive AI-Ready Platform Engineered to Optimize Enterprise AI Workloads - The Globe and Mail

Mar 25, 2025

Major AI Infrastructure Launch: Rackspace Unveils Complete Enterprise AI Platform Powered by NVIDIA - Stock Titan

Mar 25, 2025

Mar 24, 2025

‘Return to the Channel': Rackspace Partner Head Talks New Strategy - Channel Futures

Mar 24, 2025

Mar 21, 2025

Why a Canadian financial services firm sued Rackspace for fraud - San Antonio Express-News

Mar 21, 2025

Hybrid Cloud Market Projected to Hit USD 405.62 Billion by 2032| SNS Insider - GlobeNewswire Inc.

Mar 21, 2025

Rackspace Technology, Inc. SEC 10-K Report - TradingView

Mar 21, 2025