Rackspace Technology, Inc. (RXT)
NASDAQ: RXT · Real-Time Price · USD
5.17
+0.32 (6.60%)
At close: May 29, 2026, 4:00 PM EDT
5.14
-0.03 (-0.58%)
After-hours: May 29, 2026, 7:59 PM EDT

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 $4.17. The average 1-year stock price forecast is 19.34% lower than the current stock price, while the lowest is $2.50 (-51.64%) and the highest is $5.00 (-3.29%).

Price Target: $4.17 (-19.34%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$2.50$4.17$5.00$5.00
Change-51.64%-19.34%-3.29%-3.29%

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

RatingNov '25Dec '25Jan '26Feb '26Mar '26May '26
Strong Buy000000
Buy000000
Hold333333
Sell000000
Strong Sell000000
Total333333

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BMO Capital
BMO Capital
Hold
Maintains
$2$5
HoldMaintains$2$5-3.29%May 12, 2026
RBC Capital
RBC Capital
Hold
Maintains
$2.5
HoldMaintains$2.5-51.64%May 8, 2026
UBS
UBS
Hold
Maintains
$1.3$2
HoldMaintains$1.3$2-61.32%Feb 27, 2026

Financial Forecast

Revenue This Year
2.68B
from 2.69B
Decreased by -0.32%
Revenue Next Year
2.74B
from 2.68B
Increased by 2.32%
EPS This Year
-0.16
from -0.95
EPS Next Year
0.06
from -0.16
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
3.01B3.12B2.96B2.74B2.69B2.68B2.74B
Revenue Growth
11.17%3.75%-5.29%-7.44%-1.88%-0.32%2.32%
EPS
-1.05-3.81-3.89-3.82-0.95-0.160.06
EPS Growth
-------
Forward PE
------80.83
No. Analysts
-----44
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202620272028
High2.8B2.9B
Avg2.7B2.7B
Low2.6B2.6B

Revenue Growth

Revenue Growth202620272028
High
4.0%
8.3%
Avg
-0.3%
2.3%
Low
-3.6%
-3.4%

EPS Forecast

EPS202620272028
High-0.160.16
Avg-0.160.06
Low-0.18-0.03

EPS Growth

EPS Growth202620272028
High--
Avg--
Low--
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.