Rackspace Technology Inc
$ 1.46
-2.01%
24 Feb - close price
- Market Cap 362,952,000 USD
- Current Price $ 1.46
- High / Low $ 1.62 / 1.42
- Stock P/E N/A
- Book Value -4.87
- EPS -1.05
- Next Earning Report 2026-02-26
- Dividend Per Share N/A
- Dividend Yield 0 %
- Next Dividend Date -
- ROA -0.02 %
- ROE -3.53 %
- 52 Week High 2.68
- 52 Week Low 0.39
About
Rackspace Technology, Inc. is a global multi-cloud technology services company. The company is headquartered in San Antonio, Texas.
Analyst Target Price
$1.48
Quarterly Earnings
| Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2025-11-10 | 2025-08-07 | 2025-05-08 | 2025-02-20 | 2024-11-12 | 2024-08-08 | 2024-05-09 | 2024-03-12 | 2023-11-07 | 2023-08-08 | 2023-05-09 | 2023-02-22 |
| Reported EPS | -0.05 | -0.06 | -0.06 | -0.02 | -0.04 | -0.08 | -0.11 | -0.03 | -0.04 | -0.06 | -0.02 | 0.06 |
| Estimated EPS | -0.05 | -0.05 | -0.08 | -0.04 | -0.07 | -0.11 | -0.13 | -0.04 | -0.05 | -0.08 | -0.03 | 0.05 |
| Surprise | 0 | -0.01 | 0.02 | 0.02 | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 |
| Surprise Percentage | 0% | -20% | 25% | 50% | 42.8571% | 27.2727% | 15.3846% | 25% | 20% | 25% | 33.3333% | 20% |
Next Quarterly Earnings
| Dec 2025 | |
|---|---|
| Reported Date | 2026-02-26 |
| Fiscal Date Ending | 2025-12-31 |
| Estimated EPS | -0.04 |
| Currency | USD |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: RXT
2026-02-24 01:05:30
Rackspace Technology (NASDAQ:RXT) CFO Mark Marino sold 234,683 shares of the company's stock for $382,533.29 on February 23rd, reducing his stake by 9.67%. Following the sale, Marino directly owns 2,193,115 shares valued at approximately $3.57 million. The stock traded down $0.19 to $1.49 on the day of the sale with abnormally high trading volume.
2026-02-23 21:28:02
Rackspace Technology (RXT) stock surged 37% after announcing a partnership with Palantir Technologies to deploy AI solutions for enterprises. This rally follows a period of financial challenges, including declining revenues and significant debt, and is seen by analysts as speculative optimism around AI exposure rather than a fundamental turnaround. Investors are now focused on whether AI-related services can stabilize revenue and improve margins ahead of the company's Q4 2025 earnings report.
2026-02-23 16:32:19
Rackspace Technology (RXT) shares have surged 265% in the past five days following a strategic partnership with Palantir (PLTR) to integrate AI into its private cloud. Despite this massive rally, the stock is considered risky due to its penny stock status, potential for a fade after a short squeeze, and persistent financial woes including significant debt and unprofitability. Wall Street maintains a "Hold" rating, predicting potential downside.
2026-02-23 15:02:17
Rackspace Technology (RXT) stock is trading at $1.23 with high trading volume ahead of its Q4 earnings report on February 26, 2026. Investors are keenly watching the earnings guidance, especially regarding revenue growth, bookings, and managed services margins, as well as cash flow metrics and management commentary due to the company's negative EPS and P/E ratio. While Meyka AI gives RXT a "BUY" rating (B+), its forecast model projects a significant downside to $0.30 within 12 months, highlighting potential divergence between sentiment and model-based projections.
2026-02-23 14:13:17
Rackspace Technology Inc. (NYSE: RXT) has seen a 27.3% increase in its short interest recently, with 9.13 million shares sold short, representing 8.44% of its float. While this rise indicates more bearish sentiment among investors, the company's short interest is still lower than the average of its peers. It would take traders an estimated 5.09 days to cover their short positions.
2026-02-23 09:22:53
Rackspace Technology (RXT) experienced a significant stock price jump after announcing a collaboration with Palantir Technologies to host and manage Palantir’s AI platforms. This deal positions Rackspace as a key partner for regulated industries seeking AI capabilities without relying solely on public clouds, potentially reshaping its investment narrative despite existing financial challenges. Investors are now closely watching upcoming earnings for concrete updates on contract specifics, margins, and cash flow related to this new role.
