
RACKSPACE TECHNOLOGY INC
RXTNASDAQTrading Snapshot
- Day Range
- $798.97 β $820.31
- 52-Week Range
- $0.39 β $8.60
- Volume
- $2.59B
- Avg Volume
- $3.22B
- Shares Outstanding
- 253.9M
- Next Earnings
- Sep 30, 2026
Fundamentals Snapshot
- Annual Revenue
- $2.69B
- Last Q Revenue
- $666M
- P/E Ratio
- β
- P/S Ratio
- 0.4x
- EPS (TTM)
- $-0.61
- Dividend Yield
- β
Why Investors Own RXT
- βHigh-growth profile β revenue up -7.4% YoY with expanding US Equity exposure.
- βHealthy economics β 76% gross margin and 30% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About RACKSPACE TECHNOLOGY INC
Rackspace Technology, Inc. is a global provider specializing in multi-cloud technology services. The company organizes its business into two primary divisions: Multicloud Services and Apps & Cross Platform. Through its Multicloud Services division, Rackspace offers comprehensive managed services for both public and private cloud environments. These services empower clients to identify, oversee, and fine-tune their ideal infrastructure, platforms, and associated services. This segment also delivers expert professional assistance for architecting and deploying multi-cloud strategies and modern cloud-native applications. The Apps & Cross Platform segment encompasses managed application services, along with extensive managed security offerings. These security services span threat identification and mitigation, proactive prevention, prompt incident response, adherence to governance standards, risk management, compliance support across diverse cloud ecosystems, and robust privacy and data protection, including granular access controls and reporting. Furthermore, this segment provides specialized data services and professional expertise for the development and deployment of application, security, and data solutions. Established in 1998, Rackspace Technology, Inc. maintains its corporate headquarters in San Antonio, Texas.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
RACKSPACE TECHNOLOGY INC tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift RXT price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
RACKSPACE TECHNOLOGY INC announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.