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
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | May '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 |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $2 → $5 | Hold | Maintains | $2 → $5 | -3.29% | May 12, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $2.5 | Hold | Maintains | $2.5 | -51.64% | May 8, 2026 |
| UBS | UBS | Hold Maintains $1.3 → $2 | Hold | Maintains | $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
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.8B | 2.9B | |
| Avg | 2.7B | 2.7B | |
| Low | 2.6B | 2.6B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 4.0% | 8.3% | |
| Avg | -0.3% | 2.3% | |
| Low | -3.6% | -3.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -0.16 | 0.16 | |
| Avg | -0.16 | 0.06 | |
| Low | -0.18 | -0.03 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| 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.