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Market Cap 455.97M P/E - EPS this Y -106.70% Ern Qtrly Grth -
Income -814.2M Forward P/E -21.20 EPS next Y 64.50% 50D Avg Chg 1.00%
Sales 2.83B PEG 0.17 EPS past 5Y -30.87% 200D Avg Chg -22.00%
Dividend N/A Price/Book 18.76 EPS next 5Y -49.70% 52W High Chg -71.00%
Recommedations 3.00 Quick Ratio 0.74 Shares Outstanding 226.03M 52W Low Chg 102.00%
Insider Own 3.00% ROA -1.53% Shares Float 73.79M Beta 1.98
Inst Own 87.37% ROE - Shares Shorted/Prior 6.01M/6.61M Price 2.12
Gross Margin 20.83% Profit Margin -28.79% Avg. Volume 2,161,203 Target Price 2.38
Oper. Margin -5.07% Earnings Date Nov 5 Volume 872,633 Change -5.36%
About Rackspace Technology, Inc.

Rackspace Technology, Inc. operates as a multi cloud technology services company in the Americas, Europe, the Middle East, Africa, and The Asia-Pacific region. It operates through three segments: Multicloud Services, Apps & Cross Platform, and OpenStack Public Cloud. The company provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; professional services related to designing and building multi cloud solutions and cloud-native applications; and managed hosting and colocation services. It also helps customers establish governance, operational, and architectural frameworks to mitigate risks and reduce inefficiencies to manage costs, achieve industry-specific compliance objectives, and enhance security. In addition, the company offers managed applications, including running large-scale SaaS applications for customers on its and public cloud infrastructure; managed security services in the areas of security threat assessment and prevention, threat detection and response, rapid remediation, governance, and risk and compliance assistance across multiple cloud platforms, as well as privacy and data protection services, including detailed access restrictions and reporting; data services; and professional services related to designing and implementing application, security, and data services. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.

Rackspace Technology, Inc. News
12/19/24 Rackspace Technology Signs UK Armed Forces Covenant, Reinforcing Commitment to Veterans and the UK Public Sector
12/03/24 Rackspace (RXT) Is Attractively Priced Despite Fast-paced Momentum
11/28/24 Rackspace Technology (RXT) Accelerates Growth in Healthcare and BFSI with Strategic Moves
05:54 PM Rackspace Technology to Participate in the UBS Global Technology and AI Conference
11/20/24 Rackspace Technology Launches Adaptive Cloud Manager to Support Rapid Growth of Hybrid Cloud Deployments
11/17/24 Both private equity firms who control a good portion of Rackspace Technology, Inc. (NASDAQ:RXT) along with institutions must be dismayed after last week's 12% decrease
11/15/24 Rackspace (RXT) Shows Fast-paced Momentum But Is Still a Bargain Stock
11/14/24 Rackspace Technology Delivers One of the Largest Third-Party Epic Cloud Deployments for AdventHealth, Covering 53 Hospitals across Nine States
11/14/24 JBi Digital chooses Rackspace Sovereign Government Cloud for its pursuit of new customers in the UK government services sector
11/13/24 Q3 2024 Rackspace Technology Inc Earnings Call
11/13/24 Rackspace Technology Inc (RXT) Q3 2024 Earnings Call Highlights: Strong Performance Amidst ...
11/12/24 Rackspace (RXT) Reports Q3 Loss, Tops Revenue Estimates
11/12/24 Rackspace: Q3 Earnings Snapshot
11/12/24 Rackspace Technology Reports Third Quarter 2024 Results
11/07/24 DAVE INC (DAVE) Moves 21.8% Higher: Will This Strength Last?
11/05/24 Rackspace Technology Joins AWS Generative AI Partner Innovation Alliance
11/04/24 Rackspace Technology Launches On-Demand GPU-as-a-Service Powered by NVIDIA Accelerated Computing
10/30/24 Rackspace Technology Signs Multi-Year, Strategic Collaboration Agreement with AWS to Deliver Accelerated Digital Transformation for Customers
10/28/24 Rackspace Technology Achieves AWS Small and Medium Business Competency
10/23/24 Rackspace Technology to Announce Third Quarter 2024 Earnings on November 12, 2024
RXT Chatroom

User Image ElianPotter Posted - 10 hours ago

$MITK $RXT $RZLV 🚀🔥 ONEI wow! 🤫 In 10 business days, ONEI will be traded on the NYSE. This is a chance to get it at this cheap price. 🚀🫰 $0.45 yesterday, volume spiked to 369k, a 106% increase. My price target is $5 within the next two months. Who's in apes ? 🫡😉

User Image DoDaMan Posted - 13 hours ago

$RXT Market goes down 1% RXT goes down 10%. Market goes up 1% RXT goes up 1%. This will explode at some point.

User Image IfIWere Posted - 13 hours ago

$RXT what explains the sentiment jump to 75? There’s nobody here. Merry Christmas.

User Image DoDaMan Posted - 1 day ago

$RXT Crazy. I grabbed more today. Will grab more tomorrow too.

User Image Inostock Posted - 1 day ago

$RXT back to 1.80… jc

User Image CW630 Posted - 4 days ago

$RXT small adds yesterday paying

User Image CW630 Posted - 5 days ago

$RXT same price point $PRFX started it's run. j/s...

User Image CW630 Posted - 5 days ago

$RXT @DoDaMan 2.2s whatcha think of this level? Looks good for bounce.

User Image DoDaMan Posted - 6 days ago

$RXT Still here. another 1K+ shares today.

User Image superninja Posted - 6 days ago

$RXT worst company on the board,

User Image DoDaMan Posted - 1 week ago

$RXT Dec 20th Options. Should be good to go after that.

User Image DoDaMan Posted - 1 week ago

$RXT 45K on the board to sell at $100.

User Image DoDaMan Posted - 1 week ago

$RXT Thanks for those $2.38s and 2500 shares MMs....cock suckers.

User Image DoDaMan Posted - 1 week ago

$RXT 6 months ago they brought it down here so an insider could sell 150K shares. They've beat ER twice since. Adding 5 shares on Monday.

User Image DoDaMan Posted - 1 week ago

$RXT Monday I can buy 5K more shares. Wish I could buy 10

User Image IfIWere Posted - 1 week ago

$RXT short interest is currently at LOWEST of ‘24 with 4.5M. On 1/1/24, 5.3M shares of a $2.00 stock were short. ($10.6M) On 11/28/24, 4.6M short at $2.45 ($11.3M) 1st half July shorts rose from 7.1M to 7.6M@$3.09 ($23.5M). ~10M share day on 7/18 ~1M on 8/5 low of $1.84 Each week is either 500K-1M/day shares of a $2-3stock…this gets a rise of 25% through unnecessary volatility and still doesn’t beat a tech-driven S&P500 or QQQQ! Is this all Apollo cares to accomplish for another year? I hope the board owns this when writing its annual report and not acknowledge that the retail stub of this company has been the anti party of the ai boom of both 2023 and 2024! Please shock me with a year-end spike to high of year.

User Image IN0V8 Posted - 1 week ago

$RXT Watch / Opportunity BMO raises target price to $3.50 from $2.50 Raymond James raises PT to $3.25 from $3 UBS raises target price to $2.6 from $2.3

User Image DoDaMan Posted - 1 week ago

$RXT Simply amazing how the institutions that are in this really never do anything. Hell, one could plop down $10 mil and send this to $4.

User Image NVDAMillionaire Posted - 1 week ago

$RXT Rackspace Technology (RXT): A Resilient Hybrid Cloud and AI Solutions Leader Navigating Changing Market Dynamics https://beyondspx.com/article/rackspace-technology-rxt-a-resilient-hybrid-cloud-and-ai-solutions-leader-navigating-changing-market-dynamics

User Image IfIWere Posted - 1 week ago

Would $IBM like to babysit the 1x $RXT? My last $RXT rant was at $2.22. Now, I’m ranting in my head at $2.57. I predict I will rant again at $2.92. May the Lord give some fund(s) the capital to become large enough new owners under $3 for the eventual “surprise” push to $5, then $10. If there are other stocks that trade ~1m shares/day that don’t reach RSI overbought/oversold during 2.31 to 3.41 back to 2.22… in 12 days…may I not come to know them. If you are trading this successfully, what metric did you look at to know the last burst above $3 to immediately (and successfully) send it down… to $2.22 without successfully recovering? If your answer is they will never be “growth” again so ~1x EV/S is it… please use your talents to convince the mgmt to sell. Fetching $5/share bid from an acquirer that could profitably assume the debt would seem a much healthier path since they are not succeeding at getting enough support to become a viable stock that goes up on days like today.

User Image DoDaMan Posted - 2 weeks ago

$RXT Unreal. Played gold today, missed what happened. Still long 45K shares

User Image Abc480volts Posted - 2 weeks ago

$RXT 3.35 on deck

User Image cacai61 Posted - 2 weeks ago

$RXT

User Image DoDaMan Posted - 2 weeks ago

$RXT I keep adding in the daily dips/low. Almost 45K shares.

User Image DoDaMan Posted - 2 weeks ago

$RXT Interesting here.

User Image Deucedeuce333 Posted - 2 weeks ago

$RXT what’s goin on with this

User Image DoDaMan Posted - 3 weeks ago

$RXT Greedy Mfers. I slapped it some today. I guess I added 2K shares or so.

User Image DoDaMan Posted - 3 weeks ago

$RXT Banging it today. When it goes in the near future, it will really go.

User Image Inostock Posted - 3 weeks ago

$RXT if we bounce it will be a clear W pattern

User Image DoDaMan Posted - 3 weeks ago

$RXT $2.85 sniff tomorrow?

Analyst Ratings
UBS Neutral Aug 16, 24
Raymond James Outperform Mar 13, 24
RBC Capital Sector Perform Mar 13, 24
BMO Capital Market Perform Mar 13, 24
Evercore ISI Group In-Line Mar 13, 24
Citigroup Sell Nov 20, 23
UBS Neutral Nov 7, 23
Barclays Underweight Oct 23, 23
Raymond James Outperform Sep 19, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Lillie Brian EVP, President Priva.. EVP, President Private Cloud Jan 25 Sell 1.62 139,701 226,316 1,608,258 01/29/24
Marino Mark A. Chief Financial Offi.. Chief Financial Officer Jan 25 Sell 1.62 12,316 19,952 248,101 01/29/24
Koushik Srini Chief Technology Off.. Chief Technology Officer Dec 18 Sell 1.74 9,782 17,021 793,367 12/20/23
SINHA DHARMENDRA KUMAR EVP, President, Publ.. EVP, President, Public Cloud Nov 28 Sell 1.28 91,066 116,564 2,215,737 11/30/23
Koushik Srini Chief Technology Off.. Chief Technology Officer Nov 28 Sell 1.28 20,445 26,170 803,149 11/30/23
Maletira Amar Chief Executive Offi.. Chief Executive Officer Nov 24 Sell 1.30 110,502 143,653 4,675,869 11/24/23
Marino Mark A. Other Other Nov 20 Sell 1.44 2,533 3,648 260,417 11/22/23
Shilling Casey L. SVP, CHIEF MARKETING.. SVP, CHIEF MARKETING OFFICER Nov 15 Sell 1.51 1,156 1,746 274,551 11/17/23
Samant Shashank Director Director Nov 29 Buy 4.5462 100,000 454,620 138,574 11/30/22