Rackspace Technology, Inc. (RXT)

Market Cap	664.39M
Revenue (ttm)	2.74B
Net Income (ttm)	-862.60M
Shares Out	229.10M
EPS (ttm)	-3.84
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,067,160
Open	2.900
Previous Close	2.880
Day's Range	2.880 - 3.030
52-Week Range	1.450 - 3.409
Beta	2.05
Analysts	Hold
Price Target	2.47 (-14.83%)
Earnings Date	Feb 20, 2025

About RXT

Rackspace Technology, Inc. operates as a multi cloud technology services company in the Americas, Europe, the Middle East, Africa, and The Asia-Pacific region. It operates through three segments: Multicloud Services, Apps & Cross Platform, and OpenStack Public Cloud. The company provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; professional services related to designing and building multi cloud solutions and cloud-native applications; a...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Aug 5, 2020
• Employees: 5,800
• 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 -$862.60 million, 2.96% more than in 2023.

Analyst Forecast

According to 6 analysts, the average rating for RXT stock is "Hold." The 12-month stock price forecast is $2.47, which is a decrease of -14.83% from the latest price.

Price Target

$2.47

(-14.83% downside)

Analyst Consensus: Hold