2.45

0.81% -0.02

After Hours: 2.57 0.12 +4.90%

Rackspace Technology Inc (RXT)

Overview News Price History Option Chain Financials Why RXT Down? Discussions Forecast Stock Split

Rackspace Technology Inc stock is traded at $2.45, with a volume of 519.24K. It is down -0.81% in the last 24 hours and up +6.52% over the past month. Rackspace Technology Inc is an end-to-end, hybrid, multi cloud technology services company. It designs, builds and operates its customers' cloud environments across all technology platforms, irrespective of technology stack or deployment model. The company's solutions include Application Services; Data; Colocation; Cloud; Managed Hosting; Professional Services; and Security & Compliance. It operates in segments namely, Private Cloud, and Public Cloud. It generates revenue through the sale of consumption-based contracts for its service offerings and from the sale of professional services related to designing and building custom solutions.

Previous Close:

$2.47

Open:

$2.45

24h Volume:

519.24K

Relative Volume:

0.50

Market Cap:

$548.13M

Revenue:

$2.83B

Net Income/Loss:

$-814.20M

P/E Ratio:

-0.3804

EPS:

-6.44

Net Cash Flow:

$144.70M

1W Performance:

+1.66%

1M Performance:

+6.52%

6M Performance:

+55.06%

1Y Performance:

+4.26%

1-Day Range:

$2.375

$2.49

1-Week Range:

$2.375

$2.65

52-Week Range:

$1.15

$3.1789

Rackspace Technology Inc Stock (RXT) Company Profile

Name

Rackspace Technology Inc

Sector

Technology (786)

Industry

Software - Infrastructure (157)

Phone

1-800-961-4454

Address

1 FANATICAL PLACE, SAN ANTONIO

Employee

5,800

Twitter

Next Earnings Date

2024-08-08

Latest SEC Filings

RXT's Discussions on Twitter

Rackspace Technology Inc Stock (RXT) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Sep-19-23	Upgrade	Raymond James	Mkt Perform → Outperform
Jul-25-23	Downgrade	Citigroup	Neutral → Sell
Oct-11-22	Downgrade	Evercore ISI	Outperform → In-line
Aug-16-22	Downgrade	JP Morgan	Neutral → Underweight
Aug-11-22	Downgrade	RBC Capital Mkts	Outperform → Sector Perform
Aug-10-22	Downgrade	Raymond James	Outperform → Mkt Perform
Aug-10-22	Downgrade	William Blair	Outperform → Mkt Perform
Jul-15-22	Downgrade	Barclays	Equal Weight → Underweight
May-11-22	Upgrade	Raymond James	Mkt Perform → Outperform
Apr-08-22	Downgrade	Oppenheimer	Outperform → Perform
Feb-23-22	Downgrade	BMO Capital Markets	Outperform → Market Perform
Feb-23-22	Reiterated	Citigroup	Buy
Feb-23-22	Reiterated	Credit Suisse	Outperform
Feb-23-22	Downgrade	Deutsche Bank	Buy → Hold
Feb-23-22	Reiterated	Oppenheimer	Outperform
Feb-23-22	Reiterated	RBC Capital Mkts	Outperform
Aug-17-21	Downgrade	JP Morgan	Overweight → Neutral
Aug-13-21	Downgrade	Barclays	Overweight → Equal Weight
Aug-12-21	Downgrade	Raymond James	Strong Buy → Mkt Perform
Jun-29-21	Resumed	Citigroup	Buy
May-12-21	Upgrade	Raymond James	Outperform → Strong Buy
Apr-20-21	Initiated	Raymond James	Outperform
Apr-01-21	Initiated	William Blair	Outperform
Jan-26-21	Initiated	Oppenheimer	Outperform
Aug-31-20	Initiated	BMO Capital Markets	Outperform
Aug-31-20	Initiated	Barclays	Overweight
Aug-31-20	Initiated	Citigroup	Buy
Aug-31-20	Initiated	Credit Suisse	Outperform
Aug-31-20	Initiated	Deutsche Bank	Buy
Aug-31-20	Initiated	Evercore ISI	Outperform
Aug-31-20	Initiated	Goldman	Buy
Aug-31-20	Initiated	JP Morgan	Overweight
Aug-31-20	Initiated	RBC Capital Mkts	Outperform

View All

Rackspace Technology Inc Stock (RXT) Latest News

01:31 AM

Rackspace Technology's SWOT analysis: cloud provider's stock faces headwinds - Investing.com

01:31 AM

05:34 AM

Rackspace Technology's SWOT analysis: cloud provider's stock faces headwinds By Investing.com - Investing.com UK

05:34 AM

Sep 29, 2024

Renaissance Technologies LLC Increases Position in Rackspace Technology, Inc. (NASDAQ:RXT) - MarketBeat

Sep 29, 2024

Sep 27, 2024

Rackspace Technology (NASDAQ:RXT) Shares Down 4.3% - MarketBeat

Sep 27, 2024

Sep 26, 2024

DevOps Tool Market Size [2024-2029] -Puppet Labs, Rackspace, Red Hat, Chef, Broadcom, Docker Inc., VersionOne, Saltstack, Atlassian, Xe – Talented India - Talented India

Sep 26, 2024

Sep 24, 2024

Epic EHR Hosting and Moving Beyond Disaster Recovery to Resiliency with Rackspace - Healthcare IT Today

Sep 24, 2024

Sep 19, 2024

Rackspace co-founder Graham Weston's ex-wife loses divorce case appeal - San Antonio Express-News

Sep 19, 2024

Sep 17, 2024

Rackspace Technology Announces Offer to Drive Rapid Migrations to AWS - GlobeNewswire

Sep 17, 2024

Rackspace Technology Announces Offer to Drive Rapid Migrations to AWS - StockTitan

Sep 17, 2024

Sep 13, 2024

Rackspace Tech (NASDAQ:RXT) Stock Quotes, Forecast and News Summary - Benzinga

Sep 13, 2024

Tracking the Spend: DIR’s 5 Largest IT Vendors Earned $590M+ in FY2024 - GovTech

Sep 13, 2024

Sep 12, 2024

Rackspace Technology Works with CAS to Accelerates Scientific Breakthroughs by Modernizing its OpenStack Private Cloud, Achieving Cost Savings, System Optimization, and Consistency - GlobeNewswire

Sep 12, 2024

Rackspace Technology Works with CAS to Accelerates Scientific Breakthroughs by Modernizing its OpenStack Private Cloud, Achieving Cost Savings, System Optimization, and Consistency - StockTitan

Sep 12, 2024

Sep 10, 2024

Brokerages Set Rackspace Technology, Inc. (NASDAQ:RXT) PT at $2.15 - MarketBeat

Sep 10, 2024

Rackspace Technology, Inc. (NASDAQ:RXT) Given Consensus Recommendation of “Reduce” by Brokerages - Defense World

Sep 10, 2024

Allspring Global Investments Holdings LLC Makes New Investment in Rackspace Technology, Inc. (NASDAQ:RXT) - Defense World

Sep 10, 2024

Sep 09, 2024