Rackspace Technology, Inc. (RXT)
NASDAQ: RXT · Real-Time Price · USD
5.98
-0.38 (-5.97%)
At close: Jun 26, 2026, 4:00 PM EDT
5.92
-0.06 (-1.00%)
After-hours: Jun 26, 2026, 7:59 PM EDT
Rackspace Technology Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Rackspace Technology stock have an average target of 4.83, with a low estimate of 4.00 and a high estimate of 5.50. The average target predicts a decrease of -19.23% from the current stock price of 5.98.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Rackspace Technology stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | May '26 | Jun '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 |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $2.5 → $4 | Hold | Maintains | $2.5 → $4 | -33.11% | Jun 17, 2026 |
| UBS | UBS | Hold Reiterates $5 → $5.5 | Hold | Reiterates | $5 → $5.5 | -8.03% | Jun 12, 2026 |
| BMO Capital | BMO Capital | Hold Maintains $2 → $5 | Hold | Maintains | $2 → $5 | -16.39% | May 12, 2026 |
Financial Forecast
Revenue This Year
2.65B
from 2.69B
Decreased by -1.30%
Revenue Next Year
2.71B
from 2.65B
Increased by 2.31%
EPS This Year
-0.16
from -0.18
EPS Next Year
0.05
from -0.16
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.7B | 2.8B | |
| Avg | 2.7B | 2.7B | |
| Low | 2.6B | 2.6B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -0.9% | 4.2% | |
| Avg | -1.3% | 2.3% | |
| Low | -1.7% | -0.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -0.15 | 0.15 | |
| Avg | -0.16 | 0.05 | |
| Low | -0.17 | -0.06 |
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.