Rackspace Technology, Inc. (RXT)
NASDAQ: RXT · Real-Time Price · USD
1.530
-0.005 (-0.33%)
At close: Apr 28, 2026, 4:00 PM EDT
1.510
-0.020 (-1.31%)
After-hours: Apr 28, 2026, 7:58 PM EDT
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 an increase of 11.76% from the current stock price of 1.53.
Analyst Consensus: Hold
* Price targets were last updated on Feb 27, 2026.
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 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 | +63.40% | Feb 27, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $2 → $1.75 | Hold | Maintains | $2 → $1.75 | +14.38% | Nov 10, 2025 |
| BMO Capital | BMO Capital | Hold Maintains $1.75 → $1.4 | Hold | Maintains | $1.75 → $1.4 | -8.50% | 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 | +30.72% | May 12, 2025 |
Financial Forecast
Revenue This Year
2.67B
from 2.69B
Decreased by -0.73%
Revenue Next Year
2.70B
from 2.67B
Increased by 1.35%
EPS This Year
-0.09
from -0.95
EPS Next Year
0.06
from -0.09
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 | 3.6% | 7.7% | |
| Avg | -0.7% | 1.4% | |
| Low | -4.1% | -3.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.06 | 0.16 | |
| Avg | -0.09 | 0.06 | |
| Low | -0.18 | -0.03 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | - | |
| Avg | - | - | |
| Low | - | - |
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.