Get the Stockscreener App
2.905
0.00%
0.005
Rackspace Technology Inc stock is traded at $2.905, with a volume of 655.72K.
It is up +0.00% in the last 24 hours and up +26.64% 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.
See More
Previous Close:
$2.90
Open:
$2.92
24h Volume:
655.72K
Relative Volume:
0.73
Market Cap:
$659.95M
Revenue:
$2.83B
Net Income/Loss:
$-814.20M
P/E Ratio:
-0.7809
EPS:
-3.72
Net Cash Flow:
$144.70M
1W Performance:
+10.27%
1M Performance:
+26.64%
6M Performance:
+36.79%
1Y Performance:
+83.54%
1-Day Range:
$2.86
$2.97
1-Week Range:
$2.42
$2.97
52-Week Range:
$1.45
$3.4088
Rackspace Technology Inc Stock (RXT) Company Profile
Name
Rackspace Technology Inc
Sector
Industry
Phone
1-800-961-4454
Address
1 FANATICAL PLACE, SAN ANTONIO
Compare RXT with other stocks
| Stocks | Price | Market Cap | Revenue | Net Income | Cash Flow | EPS |
|---|---|---|---|---|---|---|
RXT
Rackspace Technology Inc
|
2.90 | 659.95M | 2.83B | -814.20M | 144.70M | -3.72 |
|
MSFT
Microsoft Corporation
|
408.88 | 3.08T | 261.80B | 92.75B | 70.03B | 12.42 |
|
ORCL
Oracle Corp
|
173.66 | 477.59B | 54.93B | 11.63B | 9.54B | 4.09 |
|
PLTR
Palantir Technologies Inc
|
115.04 | 253.50B | 2.87B | 462.19M | 1.14B | 0.19 |
|
ADBE
Adobe Inc
|
433.94 | 189.53B | 21.51B | 5.56B | 7.87B | 12.40 |
|
CRWD
Crowdstrike Holdings Inc
|
422.63 | 103.58B | 3.74B | 126.71M | 1.10B | 0.51 |
Rackspace Technology Inc Stock (RXT) Upgrades & Downgrades
| Date | Action | Analyst | Rating Change |
|---|---|---|---|
| Nov-07-23 | Initiated | UBS | Neutral |
| 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
Rackspace Technology, Inc.'s (NASDAQ:RXT) Price Is Right But Growth Is Lacking After Shares Rocket 27% - Simply Wall St
Private and Public Cloud Market in Financial Services to Grow by USD 106.43 Billion from 2024-2028, Driven by Unlimited Storage and Big Data Demand, AI's Impact on Trends- Technavio - The Malaysian Reserve
Rackspace Technology Teams Up with Munster Technological - GlobeNewswire
Rackspace Technology, Munster Technological University Team Up for Quantum Cloud Computing Hub on AWS - Marketscreener.com
Rackspace Technology and Munster Technological University Launch QCloud, Ireland's First Quantum Cloud Computing Hub - Nasdaq
Quantum Computing Breakthrough: Rackspace Powers Ireland's Pioneer Research Hub - StockTitan
Rackspace Technology (NASDAQ:RXT) Trading 8.2% HigherHere's What Happened - MarketBeat
Insider Selling: Rackspace Technology, Inc. (NASDAQ:RXT) CFO Sells 14,458 Shares of Stock - MarketBeat
Public Cloud Services Market to Grow by USD 1.7 Trillion (2025-2029), Increasing Number of Data Center Hyperscale and Colocation Providers Boost the Market, with AI Impacting TrendsTechnavio - The Malaysian Reserve
Rackspace technology CFO Mark Marino sells shares worth $33,831 - MSN
Rackspace technology CFO Mark Marino sells shares worth $33,831 By Investing.com - Investing.com South Africa
30 Best and Worst Data Center Stocks - Insider Monkey
Rackspace Collaborating With American Logistics on Transportation Platform -January 28, 2025 at 12:52 pm EST - Marketscreener.com
Is Rackspace Technology, Inc. (RXT) a Good Data Center Stock to Buy? - Yahoo Finance
Rackspace Technology Partners with American Logistics to Launch a Customized, Cloud-Native AWS Environment for Enhanced Efficiency and Customer Experience - GlobeNewswire
Game-Changing Cloud Platform Revolutionizes Medical Transportation Services - StockTitan
Rackspace Technology: Too Much Risk, Too Little Reward (NASDAQ:RXT) - Seeking Alpha
Rackspace Technology and Dubai Health Partner to Explore Establishing a Healthcare Digital Hub - GlobeNewswire
Rackspace Technology explores Dubai Health digital hub - Investing.com India
Rackspace Technology explores Dubai Health digital hub By Investing.com - Investing.com Canada
Rackspace Partners with Dubai Health to Create AI-Powered Healthcare Digital Hub - StockTitan
Rackspace Technology (NASDAQ:RXT) Trading Up 5.2%Here's What Happened - MarketBeat
JPMorgan Chase & Co. Sells 52,440 Shares of Rackspace Technology, Inc. (NASDAQ:RXT) - Defense World
Rackspace announces board, executive changes - The Business Journals
Rackspace Technology to Announce Fourth Quarter 2024 Earnings on February 20, 2025 - GlobeNewswire
Rackspace Technology Sets Q4 2024 Earnings Release Date for February 20 - StockTitan
Barclays PLC Purchases 50,896 Shares of Rackspace Technology, Inc. (NASDAQ:RXT) - Defense World
Hybrid Cloud, AI Emerge as Critical Priorities in 2025, Study Finds - ITPro Today
Rackspace Technology Announces Leadership and Board Changes - MSN
Rackspace Technology (NASDAQ:RXT) Updates Q4 2024 Earnings Guidance - MarketBeat
Companies still want to do more with cloud, but security remains a key concern - MSN
Rackspace Technology reshuffles board, reaffirms Q4 guidance - MSN
Rackspace Technology Announces Board and Executive Transitions While Re-Affirming Guidance - GlobeNewswire
Rackspace Technology Announces Board and Executive Transitions While Re-Affirming Guidance - GlobeNewswire Inc.
Rackspace Technology reshuffles board, reaffirms Q4 guidance By Investing.com - Investing.com UK
Rackspace Technology, Inc. (NASDAQ:RXT) Receives $2.47 Average Target Price from Brokerages - MarketBeat
Rackspace Technology, Inc. (NASDAQ:RXT) Receives $2.47 Consensus Target Price from Brokerages - Defense World
Rackspace Technology (NASDAQ:RXT) Shares Down 11.2%Here's What Happened - MarketBeat
IT teams plan to double down on hybrid cloud - CIO Dive
EXCLUSIVE: The top reason retailers need the cloud is… - Chain Store Age
New Research by Rackspace Technology Reveals Hybrid Cloud - GlobeNewswire
New Research by Rackspace Technology Reveals Hybrid Cloud and AI Integration as Key Drivers for IT Innovation in 2025 - Yahoo Finance
Rackspace Report: 90% of IT Leaders Plan Major Cloud Strategy Shifts by 2025, AI Integration Surges - StockTitan
Rackspace Technology, Inc. (NASDAQ:RXT) Given Average Recommendation of "Hold" by Brokerages - MarketBeat
Web-Scale IT Market Size, Growth Analysis 2031 by Key Vendors- - openPR
Is Rackspace Technology, Inc. (RXT) the Best Cloud Computing Stock to Buy According to Analysts? - Insider Monkey
Rackspace Technology Inc Stock (RXT) Financials Data
Revenue
Net Income
Cash Flow
EPS
Rackspace Technology Inc Stock (RXT) Insider Trading
| Insider Trading | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total |
|---|---|---|---|---|---|---|---|
| Roberts Anthony C. | Director |
Dec 06 '24 |
Buy |
2.60 |
19,455 |
50,583 |
161,930 |
| Koushik Srini | President, Technology |
Dec 03 '24 |
Sale |
2.54 |
8,028 |
20,391 |
1,018,251 |
| SINHA DHARMENDRA KUMAR | EVP, President, Public Cloud |
Dec 03 '24 |
Sale |
2.54 |
23,357 |
59,327 |
2,311,309 |
| Lillie Brian | EVP, President Private Cloud |
Dec 03 '24 |
Sale |
2.54 |
20,165 |
51,219 |
1,987,623 |
| Maletira Amar | Chief Executive Officer |
Dec 03 '24 |
Sale |
2.54 |
55,461 |
140,871 |
4,928,523 |
| TEAL-GUESS KELLIE | Chief Human Resources Officer |
Dec 03 '24 |
Sale |
2.54 |
6,993 |
17,762 |
889,228 |
| Koushik Srini | Chief Technology Officer |
Nov 29 '24 |
Sale |
2.67 |
19,470 |
51,985 |
1,026,279 |
| SINHA DHARMENDRA KUMAR | EVP, President, Public Cloud |
Nov 29 '24 |
Sale |
2.67 |
88,548 |
236,423 |
2,334,166 |
| Maletira Amar | Chief Executive Officer |
Oct 01 '24 |
Sale |
2.37 |
91,863 |
217,715 |
5,066,536 |
| Maletira Amar | Chief Executive Officer |
Sep 30 '24 |
Sale |
2.42 |
84,823 |
205,272 |
5,158,399 |
0.56%
0.39%
Open in Yahoo
|
Open in Google
|
Open in Finviz
|
Open in MarketWatch
|
Open in EDGAR
|
Open in Reuters
Cap:
|
Volume (24h):