Rackspace Technology, Inc. (RXT)
NASDAQ: RXT · Real-Time Price · USD
2.360
-0.060 (-2.48%)
Mar 5, 2026, 10:12 AM EST - Market open
Rackspace Technology Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Rackspace Technology stock have an average target of 1.71, with a low estimate of 1.00 and a high estimate of 2.50. The average target predicts a decrease of -27.54% from the current stock price of 2.36.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Rackspace Technology stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 5 | 5 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $1.75 → $2.5 | Hold | Maintains | $1.75 → $2.5 | +5.93% | Feb 27, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $2 → $1.75 | Hold | Maintains | $2 → $1.75 | -25.85% | Nov 10, 2025 |
| BMO Capital | BMO Capital | Hold Maintains $1.75 → $1.4 | Hold | Maintains | $1.75 → $1.4 | -40.68% | Aug 12, 2025 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jun 2, 2025 |
| RBC Capital | RBC Capital | Hold Maintains $3 → $2 | Hold | Maintains | $3 → $2 | -15.25% | May 12, 2025 |
Financial Forecast
Revenue This Year
2.75B
from 2.69B
Increased by 2.25%
Revenue Next Year
2.85B
from 2.75B
Increased by 3.90%
EPS This Year
0.01
from -0.95
EPS Next Year
0.15
from 0.01
Increased by 1,400.00%
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 2.9B | 3.0B |
| Avg | 2.7B | 2.9B |
| Low | 2.6B | 2.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 7.1% | 8.0% |
| Avg | 2.2% | 3.9% |
| Low | -2.2% | 0.8% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | 0.05 | 0.16 |
| Avg | 0.01 | 0.15 |
| Low | -0.03 | 0.15 |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | - | 1,459.4% |
| Avg | - | 1,400.0% |
| Low | - | 1,355.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.