Rackspace Technology, Inc. (RXT)
| Market Cap | 968.52M +199.7% |
| Revenue (ttm) | 2.70B +0.3% |
| Net Income | -159.00M |
| EPS | -0.65 |
| Shares Out | 254.87M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 14,856,852 |
| Open | 3.940 |
| Previous Close | 3.920 |
| Day's Range | 3.700 - 3.990 |
| 52-Week Range | 0.393 - 8.600 |
| Beta | 3.06 |
| Analysts | Hold |
| Price Target | 4.77 (+25.53%) |
| Earnings Date | Nov 5, 2026 |
About RXT
Rackspace Technology, Inc. operates as a hybrid cloud and artificial intelligence solutions company in the United States, the United Kingdom, and internationally. It operates through two segments, Public Cloud and Private Cloud. The company offers programmatic infrastructure, including hardware and services for datacenter compute, network, storage, and data protection; cloud operating systems; platform-as-a-service; private cloud solutions; and private cloud services, such as managed, professional, elastic engineering, and security services, as... [Read more]
Financial Performance
In 2025, Rackspace Technology's revenue was $2.69 billion, a decrease of -1.88% compared to the previous year's $2.74 billion. Losses were -$225.80 million, -73.69% less than in 2024.
Financial StatementsAnalyst Summary
According to 2 analysts, the average rating for RXT stock is "Hold." The 12-month stock price target is $4.77, which is an increase of 25.53% from the latest price.
News
RXT Stockholders with Large Losses Should Contact Robbins LLP Before the Pending September 28, 2026 Lead Plaintiff Deadline for Information About Recovering Their Losses
SAN DIEGO, Sept. 18, 2026 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a securities class action has been filed on behalf of persons and entities that purchased or otherwise acquired Rackspa...
Kaplan Fox Encourages Rackspace Technology, Inc. (NASDAQ: RXT) Investors Seeking Recovery to Contact the Firm Before September 28, 2026
NEW YORK, Sept. 18, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. (“Rackspace” or the “Company”) (NASDAQ:...
Kaplan Fox Encourages Rackspace Technology, Inc. (RXT) Investors Who Suffered Losses to Seek a Leadership Role Before September 28, 2026
New York, New York--(Newsfile Corp. - September 10, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. ("Rackspace" or the "Com...
Rackspace joins Nvidia Cloud Partner Program
Rackspace (RXT) announced that it has joined the Nvidia (NVDA) Cloud Partner Program. The program deepens Rackspace’s ability to deliver and operate Nvidia accelerated computing for regulated and sove...
Rackspace Joins NVIDIA Cloud Partner Program, Announces NVIDIA Blackwell-Powered AI Infrastructure for Regulated Enterprises and Governments
Rackspace combines NVIDIA accelerated computing, Palantir software and governed private cloud with Rackspace as the accountable operator from infrastructure through production Rackspace combines NVIDI...
Rackspace Technology (NASDAQ:RXT) Shares Fall 33% Following AI Effort Issues -- Investors with Losses Notified to Contact BFA Law before September 28 Deadline
NEW YORK, Sept. 07, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. (NASDAQ:RXT)...
Kaplan Fox Encourages Investors of Rackspace Technology, Inc. (RXT) to Act Ahead of the Lead Plaintiff Deadline on September 28, 2026
New York, New York--(Newsfile Corp. - September 3, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. ("Rackspace" or the "Comp...
Kaplan Fox Reminds Rackspace Technology, Inc. (NASDAQ: RXT) Investors to Seek a Leadership Role Before Deadline on September 28, 2026
NEW YORK, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. (“Rackspace” or the “Company”) (NASDAQ:...
$RXT News: Rackspace Technology Sued for Securities Fraud Over Alleged Misrepresentations about its AI Efforts – Contact BFA Law by September 28 if You Lost Money
NEW YORK, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. (NASDAQ:RXT...
Kaplan Fox Alerts Rackspace Technology, Inc. (RXT) Investors to the Lead Plaintiff Deadline on September 28, 2026
New York, New York--(Newsfile Corp. - September 1, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. ("Rackspace" or the "Comp...
Kaplan Fox Urges Rackspace Technology, Inc. (RXT) Investors Seeking Recovery to Contact the Firm Before September 28, 2026
New York, New York--(Newsfile Corp. - August 31, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. ("Rackspace" or the "Compan...
Kaplan Fox Notifies Investors of Rackspace Technology, Inc. (NASDAQ: RXT) of the Lead Plaintiff Deadline on September 28, 2026
NEW YORK, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. (“Rackspace” or the “Company”) (NASDAQ: ...
Kaplan Fox Encourages Rackspace Technology, Inc. (RXT) Investors to Contact the Firm Before the Lead Plaintiff Deadline on September 28, 2026
New York, New York--(Newsfile Corp. - August 27, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. ("Rackspace" or the "Compan...
SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of September 28, 2026 in Rackspace Technology, Inc. Lawsuit - RXT
Chronology alert: between May 7 and July 9, 2026, Rackspace allegedly reaffirmed full-year revenue targets, cut 15% of its workforce, then slashed guidance by $150 million, according to the securities...
Rackspace Technology Launches Rackspace Cloud, Among the First Fully Managed Multitenant Cloud Platforms Built on VMware Cloud Foundation 9.1
New platform gives enterprises elastic VMware capacity ready for virtual machines, Kubernetes, and production AI workloads, with the governance and control regulated industries require New platform gi...
Kaplan Fox Notifies Rackspace Technology, Inc. (RXT) Investors of an Upcoming Lead Plaintiff Deadline on September 28, 2026
New York, New York--(Newsfile Corp. - August 24, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. ("Rackspace" or the "Compan...
Kaplan Fox Encourages Rackspace Technology, Inc. (NASDAQ: RXT) Investors to Contact the Firm Before the Deadline on September 28, 2026 for a Leadership Role
NEW YORK, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. (“Rackspace” or the “Company”) (NASDAQ: ...
RXT Stock News: Rackspace Sued for Securities Fraud over Alleged Misrepresentations and Corresponding 33% Stock Drop
A securities fraud class action lawsuit has been filed on behalf of Rackspace investors after its stock plummeted 33.6% because Rackspace allegedly misled investors about its AI efforts and their impa...
Rackspace appoints Chetan Gupta as chief AI officer
Rackspace (RXT) announced the appointment of Chetan Gupta as chief AI officer. Gupta will lead the office of AI, with responsibility for Rackspace’s AI strategy, research, innovation, governance, and ...
RXT Stockholders Have Rights – If You Lost Money Investing in Rackspace Technology, Inc. Contact Robbins LLP for Information About Recovering Your Losses
SAN DIEGO--(BUSINESS WIRE)---- $RXT #AI--Robbins LLP informs investors that a securities class action has been filed on behalf of persons and entities that purchased or otherwise acquired Rackspace Te...
Kaplan Fox Urges Rackspace Technology, Inc. (NASDAQ: RXT) Investors to Contact the Firm Before the Deadline on September 28, 2026
NEW YORK, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. (“Rackspace” or the “Company”) (NASDAQ: ...
Rackspace Technology Appoints Chetan Gupta, Ph.D., as Chief AI Officer to Advance Enterprise and Sovereign AI
SAN ANTONIO, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today announced the appointment of Chetan Gupta, Ph.D....
Rackspace Technology Earnings Call Transcript: Q2 2026
Q2 revenue grew 1% year-over-year to $670 million, driven by Private Cloud timing benefits, while Public Cloud declined 2%. Strategic AI partnerships and infrastructure investments are expected to drive high-margin growth, with full-year guidance reaffirmed and positive free cash flow projected.
Rackspace Technology Earnings release: Q2 2026
Rackspace Technology released its Q2 2026 earnings on August 11, 2026, summarizing the period's financial results.
Rackspace Technology Quarterly report: Q2 2026
Rackspace Technology has published its Q2 2026 quarterly earnings report on August 11, 2026.