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Market Cap 455.97M P/E - EPS this Y -153.30% Ern Qtrly Grth -
Income -837.8M Forward P/E -21.20 EPS next Y 76.30% 50D Avg Chg 1.00%
Sales 2.96B PEG 0.09 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 219.76M 52W Low Chg 102.00%
Insider Own 4.00% ROA -0.72% Shares Float 64.74M Beta 1.94
Inst Own 90.50% ROE -352.76% Shares Shorted/Prior 6.21M/6.54M Price 2.12
Gross Margin 21.93% Profit Margin -28.33% Avg. Volume 2,161,203 Target Price 2.19
Oper. Margin -0.32% Earnings Date May 9 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
04/24/24 Rackspace Technology to Announce First Quarter 2024 Earnings May 9, 2024
04/24/24 Why Rackspace Technology, Inc. (NASDAQ:RXT) Could Be Worth Watching
04/23/24 Foundry for AI by Rackspace (FAIR) Partners with OhioX to Drive Responsible AI Adoption in Ohio
04/12/24 Rackspace Technology Announces Final Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028
04/07/24 GLP Works with Foundry for AI by Rackspace (FAIR) Experts to Integrate Microsoft Azure OpenAI Service to Drive Innovative Asset Management Strategies
04/02/24 Rackspace Technology Participates in Google Cloud Next as a Signature Sponsor to Showcase the Company's Google Cloud Offerings and Partnerships
03/29/24 Rackspace Technology Announces Increase to Late Exchange Consideration for Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028
03/28/24 Rackspace Technology Announces Early Tender Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028
03/27/24 Rackspace Technology Launches Rackspace UK Sovereign Services for Secure, Cost-Effective Workloads in the UK Public Sector and Regulated Services
08:05 AM AI Transitioning from Ideation to Industrialization for Critical Business Operations, According to New Rackspace Technology FAIR 2024 AI Research
03/20/24 Rackspace Technology Migrates IFCO to Microsoft Azure for Cost Optimisation and Enhanced Flexibility to Support its Growth Agenda
03/19/24 Rackspace Technology Introduces Rackspace SPOT, Cloud Infrastructure Auctioned in a Real-time Open Market and Delivered as Turnkey, Fully Managed Kubernetes Clusters
03/14/24 Rackspace Technology Announces Launch of Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028
03/14/24 Rackspace Technology Full Year 2023 Earnings: EPS Beats Expectations
03/13/24 Rackspace Technology, Inc. (NASDAQ:RXT) Q4 2023 Earnings Call Transcript
03/13/24 Q4 2023 Rackspace Technology Inc Earnings Call
03/13/24 Rackspace Technology Inc (RXT) Reports Decline in Q4 and Full Year 2023 Revenue
03/12/24 Rackspace (RXT) Reports Q4 Loss, Tops Revenue Estimates
03/12/24 Rackspace Technology Reports Fourth Quarter and Full Year 2023 Results
03/12/24 Rackspace Technology Announces Refinancing Transactions, Significantly Reducing Debt and Securing New Money Investment
RXT Chatroom

User Image Inostock Posted - 1 hour ago

$RXT W pattern forming with double bottom at $1.50, let’s hope it will break $2 level with good er

User Image DoDaMan Posted - 6 hours ago

$RXT Ready to pop?

User Image DoDaMan Posted - 1 day ago

$RXT Shorts it appears you are covering. Don't be the last.

User Image Stock_Titan Posted - 2 days ago

$RXT Rackspace Technology to Announce First Quarter 2024 Earnings May 9, 2024 https://www.stocktitan.net/news/RXT/rackspace-technology-to-announce-first-quarter-2024-earnings-may-9-g4u15ez5hy05.html

User Image DoDaMan Posted - 2 days ago

$RXT 50K shares moves it down 4%. 200K shares after that moves it back up a penny. Hilarious. Stranglehold.

User Image trongod Posted - 3 days ago

@ITA_Trades "-working with $RXT (Himars manufacturer)" $RXT is an IT/Cloud Solutions Company. I think you got the symbol wrong.

User Image Stock_Titan Posted - 3 days ago

$RXT Foundry for AI by Rackspace (FAIR) Partners with OhioX to Drive Responsible AI Adoption in Ohio https://www.stocktitan.net/news/RXT/foundry-for-ai-by-rackspace-fair-partners-with-ohio-x-to-drive-0mqb9kaz38wb.html

User Image PivotalSaint Posted - 3 days ago

$RXT

User Image ITA_Trades Posted - 3 days ago

$EMKR im in, one of the lowest float/unknown DEFENSE stocks not yet exploded -can benefit from the $60 billion US weapons package going out -fresh RS, 6.5M float -working with $RXT (Himars manufacturer) -sale of wafer fabrication facility any day now -gap fill: $6 $SMFL $LGHL

User Image Stevie150570 Posted - 1 week ago

$RXT 1.47

User Image strangename Posted - 1 week ago

$RXT Barcode every week. Getting old. Fix the debt issue and move on. We need more buyers, but nobody is a believer with how the metrics are on this stock. Put some effort in and get the stock up and you could have some money to put into the business or pay off the debt. I'm an idiot and it seems pretty straight forward.

User Image max315 Posted - 1 week ago

@DoDaMan I see it. I work at the hospital and it's inventory season... busy. Watching this and $RXT look like same chart lol

User Image AlphaRespond Posted - 1 week ago

@MoneyPenny91 $RXT $BLZE $VNET $BIGC

User Image Stocksrunner Posted - 1 week ago

Saturday Stock Market Recap $QDEL - Attractive valuation despite weak performance. $SPHD - High dividend, but better options available. $RXT - Rackspace Technology announces final results of its debt exchange offer. $TSLA - Tesla cut the price of its FSD service, impacting the stock. Stay tuned for more market updates. Have a great weekend!

User Image Stock_Titan Posted - 1 week ago

$RXT Rackspace Technology Announces Final Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028 https://www.stocktitan.net/news/RXT/rackspace-technology-announces-final-results-of-the-exchange-offer-ue4fe1z929ch.html

User Image DoDaMan Posted - 2 weeks ago

$RXT Got me some $1.65s/66s earlier.

User Image Boxcar66 Posted - 2 weeks ago

$RXT Let’s Go

User Image Stock_Titan Posted - 2 weeks ago

$RXT GLP Works with Foundry for AI by Rackspace (FAIR) Experts to Integrate Microsoft Azure OpenAI Service to Drive Innovative Asset Management Strategies https://www.stocktitan.net/news/RXT/glp-works-with-foundry-for-ai-by-rackspace-fair-experts-to-integrate-kvq6jgfi6cwv.html

User Image DoDaMan Posted - 2 weeks ago

$RXT Data Centers are a must for the future. Should be a greedy bid.

User Image WalkThisWay Posted - 3 weeks ago

$RXT

User Image SnarkyCaptainObvious Posted - 3 weeks ago

$RXT could squeeze. bot shorts want more.

User Image Inostock Posted - 3 weeks ago

$RXT clearly a W pattern with double bottom around 1.5$. We have to pass the 2$ line now

User Image Invest2live Posted - 3 weeks ago

$RXT 16% already; congrats if you got in 1.50s. Follow for more research based stock alerts Checkout todays action $ALUR; 80% already;$TCBP 50% already.

User Image SnarkyCaptainObvious Posted - 3 weeks ago

$RXT bot shorts are marginally borrowing more today than yesterday. 👀

User Image strangename Posted - 3 weeks ago

$RXT is this a nothing burger pump?

User Image Star_Lord6 Posted - 3 weeks ago

$RXT path to $2.50

User Image Invest2live Posted - 3 weeks ago

$SCYX congrats 🎈🎊🎉 if you loaded on cheap shares. follow for more research-based stock alerts. Check out $BTDR and $RXT

User Image yeptrade Posted - 3 weeks ago

$RXT buy here dirt cheap

User Image WalkThisWay Posted - 3 weeks ago

$RXT The after hours is low volume / manipulated for sure.

User Image yeptrade Posted - 3 weeks ago

$RXT looking good

Analyst Ratings
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
BMO Capital Market Perform Aug 9, 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