Rackspace Technology, Inc. (RXT)
NASDAQ: RXT · Real-Time Price · USD
4.300
+0.150 (3.61%)
At close: Jul 20, 2026, 4:00 PM EDT
4.330
+0.030 (0.70%)
Pre-market: Jul 21, 2026, 4:11 AM 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 $4.90. The average 1-year stock price forecast is 13.95% higher than the current stock price, while the lowest is $4.00 (-6.98%) and the highest is $5.70 (+32.56%).

Price Target: $4.90 (+13.95%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$4.00$4.90$5.00$5.70
Change-6.98%+13.95%+16.28%+32.56%

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

Chart
RatingJan '26Feb '26Mar '26May '26Jun '26Jul '26
Strong Buy000000
Buy000000
Hold333333
Sell000000
Strong Sell000000
Total333333

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Hold
Maintains
$5.7
HoldMaintains$5.7+32.56%Jul 10, 2026
RBC Capital
RBC Capital
Hold
Maintains
$4
HoldMaintains$4-6.98%Jul 10, 2026
BMO Capital
BMO Capital
Hold
Maintains
$2$5
HoldMaintains$2$5+16.28%May 12, 2026

Financial Forecast

Revenue This Year
2.55B
from 2.69B
Decreased by -5.10%
Revenue Next Year
2.61B
from 2.55B
Increased by 2.39%
EPS This Year
-0.17
from -0.18
EPS Next Year
0.17
from -0.17
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
3.01B3.12B2.96B2.74B2.69B2.55B
Revenue Growth
11.17%3.75%-5.29%-7.44%-1.88%-5.10%
Gross Profit
977.00M868.50M649.60M555.00M516.10M528.90M
Gross Margin
32.46%27.82%21.97%20.28%19.22%20.75%
Operating Income
217.20M83.10M-69.20M-111.90M-65.90M154.39M
Net Income
-218.30M-804.80M-837.80M-858.20M-225.80M-167.34M
EPS
-----0.18-0.17
Free Cash Flow
507.26M339.73M416.15M149.11M247.93M52.00M
No. Analysts
-----3
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High2.6B
Avg2.5B
Low2.5B

Revenue Growth

Revenue Growth202620272028
High
-1.3%
Avg
-5.1%
Low
-7.1%

EPS Forecast

EPS202620272028
High-0.11
Avg-0.17
Low-0.24

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-