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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
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
10/23/24 Rackspace Technology Positioned as a Leader in Four Categories of 2024 ISG Provider Lens™ AWS Ecosystem Partners Report
10/22/24 Rackspace Technology Strengthens Commitment to Global OpenStack Community with Board of Directors' Seat on OpenInfra Foundation
10/09/24 Rackspace Technology Inc (RXT) Q2 2024 Earnings Call Highlights: Exceeding Guidance and ...
09/17/24 Rackspace Technology Announces Offer to Drive Rapid Migrations to AWS
RXT Chatroom

User Image DoDaMan Posted - 1 minute ago

$RXT Been watching this for some time now. Looks odd the way it's trading here at $2.38

User Image DoDaMan Posted - 23 hours ago

$RXT Ignore the noise. Realize this is the "big boys" and they want you out. They know I am here. I piss them off. That's fine with me. I have almost 41K shares. I'm "red" this go round, but green overall. I mentioned that this was a long term hold now. I'll hold my shares for another year if I have to. I'm at $2.60 average now, with really a $2.10s average this year. In strong hands until $4.

User Image TheRvMan Posted - 1 day ago

$RXT Why does Apollo Cap own so much of this company ? It is over 20% ownership now

User Image IfIWere Posted - 1 day ago

$RXT the final 5 weeks of…’22 down 50%. Final 5 wks of ‘23 stock up -~70%. November ‘24…$2.30 to $3.40 and down to $2.22. All of this with RSI within 40-67!!! Today Less than 200k shares traded, which is less than $500K of stock value traded. Half of a million dollars brings this down another 6% this morning. The dominant volume@price band for YTD24 is $2.38-2.50. Short interest 5.3M shares (as/of 10/31), which is 7.6% of float. If there is a buyer with a 100% premium…the bid is now under $5/share. The business isn’t this volatile, but if they can’t drum up a big position buyer here…I am the idiot.

User Image Whoami1989 Posted - 1 day ago

$RXT simply put. pathetic!!! fire ceo

User Image arbwatson Posted - 3 days ago

$RXT why does this trade like a drunken sailor? Needs volume

User Image MKRReformed Posted - 3 days ago

$RXT 2.30s were the bottom imo. Held this range several times past few months. Accumulating. Avg down to 2.57

User Image ReaganomicsLamborghini Posted - 5 days ago

$RXT

User Image Whoami1989 Posted - 6 days ago

$RXT has been fpos and still is fpos. you need to get rid of indian ceo

User Image Inostock Posted - 6 days ago

$RXT if we’re not bouncing it will destroy the support of the uptrend starting 1 year ago… jesus

User Image DoDaMan Posted - 6 days ago

$RXT They can move it up just as quickly as they move it down. Heavy institution stock, they will put it where they want it. You just have to take advantage of it. I dumped at $3.18 and started buying back in at $2.90, then $2.65, then another big load today at $2.36/38. They always win on options on this ticker.

User Image ttroy_ Posted - 6 days ago

$RXT disgusting... looks like having only 6 watchers is justifiable lollolol

User Image DoDaMan Posted - 6 days ago

$RXT They are serious about options this time.

User Image DoDaMan Posted - 6 days ago

$RXT Added more.

User Image MKRReformed Posted - 6 days ago

$RXT 60% of planned allotment in now. 2.63 avg. Has held this 2.3-2.4 range for tripple bot on the 3 month

User Image MKRReformed Posted - 6 days ago

$RXT was slow adding for a starter position here today. Around 30% filled, 2.78 avg

User Image DoDaMan Posted - 1 week ago

$RXT They might as well go for $2.64.

User Image IfIWere Posted - 1 week ago

$RXT for those keeping score, the stock didn’t gap up yesterday… low of day 2.860. Today, they let it get to 2.865. May this be the new version of the ridiculous dip to 2.310 just a few days ago 11/4. When this option-pegged stock got to 3.409 yesterday, it still didn’t even have an RSI of 70. Now, RSI is 60.18. The last time the stock had RSI above 70 was June10th with stock at 2.170…followed 13 trading days later to RSI peak of 80 and stock peak of 3.179. May their large deal with a 9 state deployment and largest ever healthcare deal mentioned on the call resonate with some more funds…so this thread gets more than 6 watchers!

User Image DoDaMan Posted - 1 week ago

$RXT One thing about our MMs and high institutional ownership....they all let the MMs do what they want, and this ticker is "dress right dress" when it comes to keeping things orderly. Come on Apollo, run this thing.

User Image DoDaMan Posted - 1 week ago

$RXT All about options.

User Image ttroy_ Posted - 1 week ago

$RXT seriously? lol

User Image Whoami1989 Posted - 1 week ago

$RXT have no doubt. this whole management need to be gone.

User Image Amessagefromtheodd Posted - 1 week ago

$VXRT 🫡👉 $RKLB $POET $PLTR $RXT

User Image Kremm Posted - 1 week ago

$RXT

User Image DoDaMan Posted - 1 week ago

$RXT Truckin'

User Image MKRReformed Posted - 1 week ago

$RXT only 6 watchers?

User Image IN0V8 Posted - 1 week ago

$RXT Opportunity BMO raises target price to $3.50 from $2.50

User Image Invest2live Posted - 1 week ago

$RXT 79% already; congrats 🎉🎊🎈

User Image MoTownVol Posted - 1 week ago

$RXT Maybe this surprise will get us above 6 watchers.

User Image BigLehnny Posted - 1 week ago

$RXT wow, up 10% to down 1%… looks like I’m making money today

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