Rackspace Technology, Inc. (RXT)

Market Cap	391.56M
Revenue (ttm)	2.74B
Net Income (ttm)	-858.20M
Shares Out	237.31M
EPS (ttm)	-3.82
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	698,471
Open	1.750
Previous Close	1.750
Day's Range	1.620 - 1.745
52-Week Range	1.450 - 3.409
Beta	2.05
Analysts	Sell
Price Target	2.15 (+30.3%)
Earnings Date	May 8, 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. The company operates through Public Cloud and Private Cloud segments. It offers programmatic infrastructure, hardware and services for compute, network, storage, and data protection services; cloud operating systems, operates a software defined data center; a platform-as-a-service, private cloud solutions; and private cloud services such as managed services, professional services, elasti...

• 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 -$858.20 million, 2.43% more than in 2023.

Analyst Forecast

According to 2 analysts, the average rating for RXT stock is "Sell." The 12-month stock price forecast is $2.15, which is an increase of 30.30% from the latest price.

Price Target

$2.15

(30.30% upside)

Analyst Consensus: Sell