Rackspace Technology, Inc. (RXT)

Market Cap	250.90M
Revenue (ttm)	2.69B
Net Income (ttm)	-249.10M
Shares Out	243.59M
EPS (ttm)	-1.07
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	820,762
Open	1.020
Previous Close	1.040
Day's Range	1.020 - 1.050
52-Week Range	1.000 - 3.030
Beta	2.11
Analysts	Hold
Price Target	1.61 (+56.31%)
Earnings Date	Nov 6, 2025

About RXT

Rackspace Technology, Inc. operates as a cloud and artificial intelligence solutions company in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company operates in two segments, Public Cloud and Private Cloud. It offers programmatic infrastructure, including hardware and services for compute, network, storage, and data protection services; cloud operating systems; platform-as-a-service; private cloud solutions; and private cloud services, such as managed services, professional services, elastic engineering servic...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Aug 5, 2020
• Employees: 5,100
• Stock Exchange: NASDAQ
• Ticker Symbol: RXT
• Website: https://www.rackspace.com

Financial Performance

In 2024, Rackspace Technology's revenue was $2.74 billion, a decrease of -7.44% compared to the previous year's $2.96 billion. Losses were -$858.20 million, 2.43% more than in 2023.

Analyst Summary

According to 6 analysts, the average rating for RXT stock is "Hold." The 12-month stock price target is $1.61, which is an increase of 56.31% from the latest price.

Price Target

$1.61

(56.31% upside)

Analyst Consensus: Hold