Rackspace Technology, Inc. (RXT)
| Market Cap | 478.34M |
| Revenue (ttm) | 2.69B |
| Net Income (ttm) | -225.80M |
| Shares Out | 245.30M |
| EPS (ttm) | -0.95 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 51,973,836 |
| Open | 2.010 |
| Previous Close | 2.280 |
| Day's Range | 1.820 - 2.420 |
| 52-Week Range | 0.393 - 2.671 |
| Beta | 2.20 |
| Analysts | Hold |
| Price Target | 1.71 (-12.31%) |
| Earnings Date | Feb 26, 2026 |
About RXT
Rackspace Technology, Inc. operates as a cloud and artificial intelligence solutions company in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company operates in two segments, Public Cloud and Private Cloud. It offers programmatic infrastructure, including hardware and services for compute, network, storage, and data protection services; cloud operating systems; platform-as-a-service; private cloud solutions; and private cloud services, such as managed services, professional services, elastic engineering servic... [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 Forecast
According to 6 analysts, the average rating for RXT stock is "Hold." The 12-month stock price target is $1.71, which is a decrease of -12.31% from the latest price.
News
Rackspace Technology, Inc. (RXT) Q4 2025 Earnings Call Prepared Remarks Transcript
Rackspace Technology, Inc. (RXT) Q4 2025 Earnings Call Prepared Remarks Transcript
Rackspace Technology Reports Fourth Quarter and Full Year 2025 Results
Fourth Quarter Revenue of $683 million, down 0.4% Year-over-Year; 2025 Revenue of $2,686 million, down 2% Year-over-Year Fourth Quarter Private Cloud Revenue of $241 million, down 10% Year-over-Year; ...
Rackspace Surges 217% From Lows As Stock Tests Key Long-Term Trend Barrier
Rackspace Technology, Inc (NASDAQ:RXT) has staged a sharp technical recovery, with shares climbing roughly 217% from their recent low near $0.40 to about $1.27, bringing the stock directly into contac...
Rackspace Soars on Palantir Deal: Will the Hail Mary Save the Stock?
In what could be described as a "Hail Mary" for a company currently treading water at penny-stock levels, Rackspace Technology, Inc. (NASDAQ: RXT) announced a strategic partnership Wednesday with data...
Rackspace and Palantir Partner to Run Foundry and AIP in Production with Governed Managed Operations
SAN ANTONIO, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a hybrid multicloud and AI solutions company, and Palantir Technologies Inc. (NASDAQ: PLTR), a global leader in oper...
Rackspace Technology to Announce Fourth Quarter 2025 Earnings on February 26, 2026
SAN ANTONIO, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) a leading end-to-end hybrid cloud and AI solutions company, today announced that it will release its fourth quarter ...
Joseph Vito Joins Rackspace Technology to Lead Strategic Alliance Partnerships
SAN ANTONIO, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced the appointment of Joseph Vito as Senior...
Rackspace Technology Secures VMware Sovereign Cloud Certification
LONDON, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced its UK Sovereign Services has achieved the VM...
Rackspace Technology Positioned as a Leader in Three Categories of 2025 ISG Provider Lens™ Multi Public Cloud Services Report
SAN ANTONIO, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced it has been positioned as a leader in t...
Niterra Partners with Rackspace Technology to Accelerate Digital Transformation with Rapid Migration to Google Cloud
SAN ANTONIO, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology®, a leading end-to-end hybrid cloud and AI solutions company, today announced that Niterra EMEA GmbH (hereafter Niterra), a technica...
Rackspace Technology Receives 2025 AWS Collaboration Partner of the Year Award
LAS VEGAS, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud, and AI solutions company, today announced it is a recipient of a 2025 Geograp...
Bitcoin could hit new highs by year-end, says Fundstrat's Tom Lee
CNBC's "Closing Bell" team discusses the setup for stocks going into year-end with Tom Lee of Fundstrat.
Rackspace Technology Appoints Lata Varghese and Phani Kishore Burre to Senior Leadership Roles Driving Cloud and AI Transformation
SAN ANTONIO, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud, and AI solutions company, today announced the appointment of Lata Varghese...
Rackspace Technology Unveils AI Launchpad Service - Accelerating AI Adoption and Time to Value
Rackspace Technology announced Rackspace AI launchpad, a secure managed service designed to enable organizations to evaluate, pilot and deploy AI workloads
Rackspace Technology, Inc. (RXT) Q3 2025 Earnings Call Prepared Remarks Transcript
Rackspace Technology, Inc. ( RXT) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants Sagar Hebbar - Head of Investor Relations Gajen Kandiah - Chief Executive Officer Mark Marino...
Rackspace Technology Reports Third Quarter 2025 Results
Revenue of $671 million in the Third Quarter, down 1% Year-over-Year Private Cloud Revenue was $250 million, down 3% Year-over-Year Public Cloud Revenue was $422 million, up 1% Year-over-Year Third Qu...
Rackspace Technology Releases 2025 Sustainability Report
SAN ANTONIO, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology®, a leading end-to-end hybrid cloud and AI solutions company, today announced the release of its 2025 Sustainability Report showcasi...
Rackspace Technology to Announce Third Quarter 2025 Earnings on November 6th, 2025
SAN ANTONIO, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) a leading end-to-end hybrid cloud and AI solutions company, today announced that it will release its third quarter 2...
Total Wine & More Partners with Rackspace Technology to Optimize Performance and Accelerate Innovation Across Its Retail Operations
The retailer's strategic cloud adoption includes migrations to two public cloud platforms, backed by Rackspace managed services The retailer's strategic cloud adoption includes migrations to two publi...
Rackspace Technology Receives Silver Award from UK Armed Forces Covenant
LONDON, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading provider of end-to-end hybrid and AI technology solutions, today announced it has received the UK Armed Forces ...
Rackspace Technology Achieves AWS Automotive Competency
SAN ANTONIO, Texas, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced it has achieved the Amazon Web ...
Rackspace Technology Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
SAN ANTONIO, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a global provider of hybrid cloud and AI solutions, today announced that on September 4, 2025, the Company granted...
Rackspace Technology Names Gajen Kandiah Chief Executive Officer
SAN ANTONIO, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a global provider of hybrid cloud and AI solutions, today announced that its Board of Directors has appointed Gaje...
Rackspace Technology and SMPL-C Announce Strategic “Better Together” Partnership to Accelerate CMMC Compliance for Government Contractors
SAN ANTONIO, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology ®, a leading end-to-end hybrid cloud and AI solutions company, and SMPL-C, an AI-powered compliance automation platform, today annou...
Rackspace Unveils 'RAISE': An AI-Driven Security Engine that Adapts in Real Time to Cyber Threats
SAN ANTONIO, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid cloud and AI solutions provider, today announced key AI-enabled enhancements to the Rackspace Cyber...