Rackspace Technology, Inc. (RXT)
| Market Cap | 922.64M +173.4% |
| 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 | 5,694,424 |
| Open | 3.790 |
| Previous Close | 3.850 |
| Day's Range | 3.520 - 3.815 |
| 52-Week Range | 0.393 - 8.600 |
| Beta | 3.11 |
| Analysts | Hold |
| Price Target | 4.77 (+31.77%) |
| Est. Earnings | 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 3 analysts, the average rating for RXT stock is "Hold." The 12-month stock price target is $4.77, which is an increase of 31.77% from the latest price.
News
Kaplan Fox Reminds Rackspace Technology, Inc. (RXT) Investors That They Have Until September 28, 2026 to Move for Lead Plaintiff
New York, New York--(Newsfile Corp. - September 25, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. ("Rackspace" or the "Com...
Kaplan Fox Reminds Rackspace Technology, Inc. (NASDAQ: RXT) Investors to Protect Their Rights Before the Deadline on September 28, 2026
NEW YORK, Sept. 25, 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 & Kilsheimer LLP Alerts Rackspace Technology, Inc. (RXT) Investors to Their Right to Seek Lead Plaintiff Status Before September 28, 2026
New York, New York--(Newsfile Corp. - September 23, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. ("Rackspace" or the "Com...
$RXT Stock Notification: Rackspace Technology has been Sued for Securities Fraud after AI Effort Issues Disclosed – Investors are Alerted to Contact BFA Law by September 28
NEW YORK, Sept. 23, 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 & Kilsheimer LLP Encourages Investors of Rackspace Technology, Inc. (RXT) to Contact the Firm Ahead of the Lead Plaintiff Deadline on September 28, 2026
New York, New York--(Newsfile Corp. - September 21, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. ("Rackspace" or the "Com...
Kaplan Fox Urges Investors of Rackspace Technology, Inc. (NASDAQ: RXT) to Seek a Leadership Role Before September 28, 2026
NEW YORK, Sept. 21, 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 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 ...