Rackspace Technology Inc RXT

$2.83 -0.36 (-11.30%)

Valuation

Market cap
720,016,000
Revenue TTM
$2,685,700,000
Net income TTM
$-225,800,000
PE ratio
0.00
Forward PE
—
Profit margin
-8.41%
Debt to equity
-2.21

Trading

Volume
6,373,300
Avg volume
6,725,920
Day's range
$2.78 – $3.13
Shares out
254,873,000
Stochastic %K
3%
Beta
3.10
Analysts
Hold
Price target
$4.77

Price

Company profile

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;...

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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.

Industry
Software - Infrastructure
Sector
Technology
Phone
800 961 4454
Website
https://www.rackspace.com
Address
19122 US Highway 281 N., Suite 128, San Antonio, United States

Latest news

Stocktwits

StonkZombie Oct 18, 5:43 PM
$RXT Monday sure to bring more tears and anger Prepare yourself
0 replies
Market_Pulse_Report Oct 18, 12:30 PM
$RXT Check out this great informative video I just posted! https://youtu.be/3uDHnitznjs
0 replies
Leiola16 Oct 17, 3:15 PM
$WETO - getting ready for my son's hockey game - hopefully it distracts me a bit from WETO thoughts 😂. Did a lot of DD last night which I shared with y'alls. Hopefully next week, the bullush thesis, setup, presumptions materialize! I love these types of plays and I have been in a few - $AIXI run from 0.19 to 2+, $OLB , ILLR , ADTX, $RXT $WFF ( had gains but also got caught in that criminal rug pull on Thurs 😵‍💫. Hope this one delivers!
1 replies
MJ74 Oct 16, 8:02 PM
$RXT what a terrible week, Im glad its over.
1 replies
Take_the_offer2020 Oct 16, 6:15 PM
$RXT Remember this was at .42 in February. What has changed other than growth prospects thst are now changing before our eyes?
1 replies
Robcat Oct 16, 6:07 PM
$RXT Just back in after long time waiting.
0 replies
BenedictBrandon Oct 16, 3:47 PM
$RXT back in 40k at $2.96 😎🦾🐂
2 replies
StJoseph Oct 16, 3:39 PM
$RXT With a bad earnings report coming up what do you expect? I see 2.50 soon.
1 replies