Rackspace Technology Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Rackspace Technology stock has a consensus rating of "Hold" and an average price target of $4.83. The average 1-year stock price forecast is 33.10% lower than the current stock price, while the lowest is $4.00 (-44.60%) and the highest is $5.50 (-23.82%).

Price Target: $4.83 (-33.10%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$4.00	$4.83	$5.00	$5.50
Change	-44.60%	-33.10%	-30.75%	-23.82%

Analyst Ratings

The average analyst rating for Rackspace Technology stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	May '26	Jun '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Paige RBC Capital	RBC Capital	Hold Maintains $2.5 → $4	Hold	Maintains	$2.5 → $4	-44.60%	Jun 17, 2026
Kevin Mcveigh UBS	UBS	Hold Reiterates $5 → $5.5	Hold	Reiterates	$5 → $5.5	-23.82%	Jun 12, 2026
Keith Bachman BMO Capital	BMO Capital	Hold Maintains $2 → $5	Hold	Maintains	$2 → $5	-30.75%	May 12, 2026

Financial Forecast

Revenue This Year

2.65B

from 2.69B

-1.30%

from 2.69B

Revenue Next Year

2.71B

from 2.65B

2.31%

from 2.65B

EPS This Year

-0.16

from -0.18

EPS Next Year

0.05

from -0.16

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.01B	3.12B	2.96B	2.74B	2.69B	2.65B
Revenue Growth	11.17%	3.75%	-5.29%	-7.44%	-1.88%	-1.30%
Gross Profit	977.00M	868.50M	649.60M	555.00M	516.10M	542.11M
Gross Margin	32.46%	27.82%	21.97%	20.28%	19.22%	20.45%
Operating Income	217.20M	83.10M	-69.20M	-111.90M	-65.90M	164.77M
Net Income	-218.30M	-804.80M	-837.80M	-858.20M	-225.80M	-148.01M
EPS	-	-	-	-	-0.18	-0.16
Free Cash Flow	507.26M	339.73M	416.15M	149.11M	247.93M	101.00M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	2.7B
Avg	2.7B
Low	2.6B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-0.9%
Avg	-1.3%
Low	-1.7%

EPS Forecast

EPS	2026	2027	2028
High	-0.15
Avg	-0.16
Low	-0.17

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-