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Rackspace Technology, Inc. (RXT)

3.1900 -0.1000 (-3.04%)
At close: September 4 at 4:00:00 PM EDT
3.1873 -0.0027 (-0.08%)
After hours: September 4 at 7:58:46 PM EDT
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46m ago
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Rackspace Technology continues its strategic shift towards AI infrastructure, recently launching a managed cloud platform and appointing a Chief AI Officer. However, the company faces challenges with recent share sales by executives and mixed financial performance, impacting investor sentiment.

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  • Previous Close 3.2900
  • Open 3.1900
  • Bid 2.3400 x 200
  • Ask 4.0300 x 200
  • Day's Range 3.1200 - 3.2900
  • 52 Week Range 0.3930 - 8.6000
  • Volume 4,857,414
  • Avg. Volume 14,139,466
  • Market Cap (intraday) 813.044M
  • Beta (5Y Monthly) 3.06
  • PE Ratio (TTM) --
  • EPS (TTM) -0.6500
  • Earnings Date (est.) Nov 5, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 4.77

Rackspace Technology, Inc. operates as a hybrid cloud and artificial intelligence solutions company in the United States, the United Kingdom, and internationally. It operates through two segments, Public Cloud and Private Cloud. The company offers programmatic infrastructure, including hardware and services for datacenter compute, network, storage, and data protection; cloud operating systems; platform-as-a-service; private cloud solutions; and private cloud services, such as managed, professional, elastic engineering, and security services, as well as an email platform for customers and carriers. It also provides a cloud platform that offers platform-related services, including cloud strategy and architecture, platform and infrastructure migrations, and modern cloud infrastructure; cloud apps that build and manage applications within a cloud technology stack; and cloud data, which helps accelerate the adoption of modern data solutions enabling business transformation. In addition, the company offers cloud security that provides security solutions in security threat assessment and prevention; proactive threat detection and response; rapid remediation; governance, risk, and compliance assistance across multiple cloud platforms; and privacy and data protection services, including detailed access restrictions and reporting. Further, it provides Rackspace AI, a portfolio of AI services and solutions to help organizations scale AI, as well as multi-cloud strategy, data and application modernization, cloud adoption, cloud-native enablement, SaaS lifecycle management, and data management services. The company serves the financial services, government, healthcare, manufacturing, non-profit, education, SaaS and ISV, consumer goods, oil and gas, and other industries. The company was formerly known as Rackspace Corp. and changed its name to Rackspace Technology, Inc. in June 2020. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.

www.rackspace.com

5,000

Full Time Employees

December 31

Fiscal Year Ends

Technology

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

RXT
228.53%
S&P 500 (^GSPC)
12.75%

1-Year Return

RXT
145.38%
S&P 500 (^GSPC)
18.71%

3-Year Return

RXT
20.38%
S&P 500 (^GSPC)
70.93%

5-Year Return

RXT
77.77%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY26
Revenue 678.1M
Earnings 8.3M
Profit Margin 1.22%

Q3

FY25

Q4

FY25

Q1

FY26

0
200M
400M
600M
-8.0%
-6.0%
-4.0%
-2.0%
0.0%

Analyst Insights

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Analyst Price Targets

4.00
4.77 Average
3.1900 Current
5.30 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 6/17/2026
Analyst RBC Capital
Rating Action Maintains
Rating Sector Perform
Price Action Raises
Price Target 2.5 -> 4

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -5.88%

  • Return on Assets (ttm)

    -0.96%

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    2.7B

  • Net Income Avi to Common (ttm)

    -159M

  • Diluted EPS (ttm)

    -0.6500

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    110.6M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    186.64M

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