Cyxtera Technologies, Inc. (CYXT)

NASDAQ: CYXT · IEX Real-Time Price · USD
4.00
+0.03 (0.76%)
At close: Oct 4, 2022 4:00 PM
3.97
-0.03 (-0.75%)
After-hours: Oct 4, 2022 5:30 PM EDT
0.76%
Market Cap 734.06M
Revenue (ttm) 722.00M
Net Income (ttm) -201.30M
Shares Out 183.51M
EPS (ttm) -1.65
PE Ratio n/a
Forward PE 60.98
Dividend n/a
Ex-Dividend Date n/a
Volume 789,186
Open 4.04
Previous Close 3.97
Day's Range 3.87 - 4.14
52-Week Range 3.79 - 15.42
Beta n/a
Analysts Buy
Price Target 13.99 (+249.8%)
Earnings Date Nov 14, 2022

About CYXT

Cyxtera Technologies, Inc. provides various data center products and services for enterprises, service providers, and government agencies. It offers retail colocation, interconnection, deployment, and support services; and Bare Metal, an on-demand IT infrastructure solution. The company is headquartered in Coral Gables, Florida. [Read more...]

Industry Information Technology Services
Founded 2017
Employees 744
Stock Exchange NASDAQ
Ticker Symbol CYXT
Full Company Profile

Financial Performance

In 2021, CYXT's revenue was $703.70 million, an increase of 1.91% compared to the previous year's $690.50 million. Losses were -$257.90 million, 110.0% more than in 2020.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for CYXT stock is "Buy." The 12-month stock price forecast is 13.99, which is an increase of 249.75% from the latest price.

Price Target
$13.99
(249.75% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Oxford Quantum Circuits Partners with Cyxtera to Improve Accessibility to Quantum Computers

LONDON & MIAMI--(BUSINESS WIRE)--Oxford Quantum Circuits (OQC), Europe's leading quantum computing company, and Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection serv...

6 days ago - Business Wire

Cyxtera Board of Directors Approves REIT Conversion

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera board of directors approves REIT conversion.

3 weeks ago - Business Wire

Cyxtera Closes Accounts Receivable Securitization Facility of $37.5 Million with PNC Bank, N.A.

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera has closed an accounts receivable securitization facility of $37.5 million with PNC Bank, N.A.

3 weeks ago - Business Wire

Wall Street's top analysts say these are their favorite stocks right now

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Walmart & Home Depot.

Other symbols: HDIONQWMTGFS
1 month ago - CNBC

Starboard slashes stake in Kohl's after seeking to buy it in January

Activist hedge fund Starboard Value, which had offered to buy Kohl's Corp for roughly $9 billion early this year, slashed its stake in the department store by more than 80% in the second quarter, accord...

Other symbols: KSS
1 month ago - Reuters

Cyxtera Announces Second Quarter 2022 Results

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera Announces Second Quarter 2022 Results

1 month ago - Business Wire

Cyxtera Schedules Second Quarter 2022 Earnings Conference Call

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera schedules Q2 2022 earnings conference call at 8:30am ET, Thursday, August 11, 2022.

2 months ago - Business Wire

Cyxtera Set to Join Russell 2000® Index

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera set to join Russell 2000® Index

3 months ago - Business Wire

3 Breakout Stocks to Watch for Superb Returns

Northeast Community Bancorp (NECB), Cyxtera Technologies (CYXT) & Firstgroup (FGROY) have been selected as the breakout stocks for today.

Other symbols: NECB
3 months ago - Zacks Investment Research

Cyxtera Selects CareAR to Provide Leading Augmented Reality Data Center Support

CareAR Service Experience Management (SXM) platform together with Cyxtera Remote Hands with Visual Assist enables remote service interaction using smart glasses for improved customer engagement, decreas...

3 months ago - PRNewsWire

Cyxtera to Participate in RBC Capital Markets 2022 Global Communications Infrastructure Conference

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera to participate in RBC Capital Markets 2022 Global Communications Infrastructure Conference

4 months ago - Business Wire

Cyxtera Expands to India Through Strategic Partnership with Sify Technologies

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera expands to India through strategic partnership with Sify Technologies.

4 months ago - Business Wire

Cyxtera Announces First Quarter 2022 Results

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera announces Q1 2022 results.

4 months ago - Business Wire

Cyxtera Schedules First Quarter 2022 Earnings Conference Call

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera schedules Q1 2022 earnings conference call for Thursday, May 12, 2022 at 8:30 am ET.

5 months ago - Business Wire

Cyxtera Continues Evolution of Interconnection Offerings with Native Connectivity to Leading Public Clouds Across Com...

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today announced that the company is expanding its suite of i...

5 months ago - Business Wire

Cyxtera Announces Fourth Quarter and Full-Year 2021 Results

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today released financial results for the quarter and full-ye...

6 months ago - Business Wire

Cyxtera Schedules Earnings Conference Call for Fourth Quarter and Full Year Results

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera schedules earnings conference call for Q4 2021 and full year results for Tuesday, March 22, 2022 at 8:30 am ET.

6 months ago - Business Wire

Cyxtera to Speak at Upcoming Investor Conferences

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera to speak at two upcoming investor conferences.

6 months ago - Business Wire

Is Starboard's $9B Offer a Fair Valuation of Kohl's?

If $9 billion is an undervaluation of the retailer, what's the magic number?

Other symbols: KSS
7 months ago - The Motley Fool

Cyxtera Technologies, Inc. Announces the Results of the Completed Redemption of All Outstanding Warrants

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera Technologies, Inc. announces the results of the completed redemption of all outstanding warrants.

8 months ago - Business Wire

Jim Cramer considers the investment cases for Nautilus Biotechnology and Cyxtera Technologies

On Friday's episode of "Mad Money," host Jim Cramer reviewed the investment cases for Nautilus Biotechnology and Cyxtera Technologies, two companies that viewers had previously called about in search of...

Other symbols: NAUT
8 months ago - CNBC Television

Cyxtera Offers OEMs and Technology Service Providers Plug-and-Play Capability to Delivering as-a-Service Solutions

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera extends SmartCabs solution capabilities to deliver dedicated, on-demand IT infrastructure resources to OEMs and technology service providers,

8 months ago - Business Wire

Cyxtera to Participate in Citi's AppsEconomy Conference

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera's CFO to participate in Citi's AppsEconomy conference on Friday.

8 months ago - Business Wire

Cyxtera Technologies, Inc. Announces Redemption of All Outstanding Warrants

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera announces redemption of all outstanding warrants.

9 months ago - Business Wire

Cyxtera Announces Third Quarter 2021 Results

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Q3 2021 earnings

10 months ago - Business Wire