Rackspace Technology, Inc. (RXT)

Market Cap	312.17M
Revenue (ttm)	2.71B
Net Income (ttm)	-289.10M
Shares Out	237.39M
EPS (ttm)	-1.28
PE Ratio	n/a
Forward PE	28.00
Dividend	n/a
Ex-Dividend Date	n/a

Volume	840,120
Open	1.320
Previous Close	1.255
Day's Range	1.270 - 1.400
52-Week Range	1.240 - 3.409
Beta	2.15
Analysts	Hold
Price Target	1.63 (+23.95%)
Earnings Date	May 8, 2025

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...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Aug 5, 2020
• Employees: 5,100
• Stock Exchange: NASDAQ
• Ticker Symbol: RXT
• Website: https://www.rackspace.com

Financial Performance

In 2024, Rackspace Technology's revenue was $2.74 billion, a decrease of -7.44% compared to the previous year's $2.96 billion. Losses were -$858.20 million, 2.43% more than in 2023.

Analyst Forecast

According to 3 analysts, the average rating for RXT stock is "Hold." The 12-month stock price forecast is $1.63, which is an increase of 23.95% from the latest price.

Price Target

$1.63

(23.95% upside)

Analyst Consensus: Hold