Rackspace Technology Inc
$ 4.90
1.66%
07 Aug - close price
- Market Cap 1,223,839,000 USD
- Current Price $ 4.90
- High / Low $ 5.04 / 4.76
- Stock P/E N/A
- Book Value -4.88
- EPS -0.61
- Next Earning Report 2026-08-11
- Dividend Per Share N/A
- Dividend Yield 0 %
- Next Dividend Date -
- ROA -0.01 %
- ROE -3.53 %
- 52 Week High 8.60
- 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
$4.77
Quarterly Earnings
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-05-07 | 2026-02-26 | 2025-11-06 | 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 |
| Reported EPS | -0.06 | -0.01 | -0.05 | -0.06 | -0.06 | -0.02 | -0.04 | -0.08 | -0.11 | -0.03 | -0.04 | -0.06 |
| Estimated EPS | -0.03 | -0.04 | -0.05 | -0.05 | -0.08 | -0.04 | -0.07 | -0.11 | -0.13 | -0.04 | -0.05 | -0.08 |
| Surprise | -0.03 | 0.03 | 0 | -0.01 | 0.02 | 0.02 | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.02 |
| Surprise Percentage | -100% | 75% | 0% | -20% | 25% | 50% | 42.8571% | 27.2727% | 15.3846% | 25% | 20% | 25% |
Next Quarterly Earnings
| Jun 2026 | |
|---|---|
| Reported Date | 2026-08-11 |
| Fiscal Date Ending | 2026-06-30 |
| Estimated EPS | -0.09 |
| Currency | USD |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: RXT
2026-08-06 22:41:32
Rackspace Technology (NASDAQ: RXT) is facing a federal securities lawsuit over alleged misrepresentations regarding its AI strategy and partnership with AMD. The lawsuit claims Rackspace failed to disclose the significant resource and capital re-prioritization required for its AI pivot and the resulting negative impact on its near-term revenue. This came to light after the company cut its full-year 2026 revenue guidance by $150 million, leading to a sharp decline in its stock price and significant investor losses.
2026-08-06 21:58:00
Pomerantz LLP has filed a class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) on behalf of investors who suffered losses. The lawsuit alleges securities fraud following Rackspace's announcement of reduced full-year 2026 revenue guidance and Private Cloud revenue outlook due to significant AI investment reprioritization, causing a substantial drop in stock price. Investors have until September 28, 2026, to seek lead plaintiff appointment.
2026-08-06 17:40:37
The Rosen Law Firm announces a class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) on behalf of investors who purchased securities between May 7, 2026, and July 8, 2026. The firm alleges that Rackspace made misleading statements regarding its enterprise AI efforts, declining Public Cloud revenue, and the impact on its 2026 revenue. Investors are encouraged to secure counsel before the September 28, 2026, deadline to serve as lead plaintiff.
2026-08-06 13:41:32
SueWallSt is reminding investors of Rackspace Technology, Inc. (NASDAQ: RXT) about a securities class action lawsuit deadline on September 28, 2026. The lawsuit alleges that Rackspace made misleading statements regarding its revenue guidance and the impact of its enterprise AI buildout, leading to a significant drop in stock price. Investors who purchased RXT securities between May 7, 2026, and July 8, 2026, and suffered losses, may be eligible to participate.
2026-08-06 13:40:37
SueWallSt is notifying investors of Rackspace Technology, Inc. (RXT) about a securities class action lawsuit filed on behalf of shareholders who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made misleading statements regarding its restructuring and the financial impact of its enterprise AI buildout and public cloud business. Investors have until September 28, 2026, to apply for lead plaintiff status.
2026-08-06 12:40:37
Rackspace Technology has appointed Pranav Nambiar as Senior Vice President and General Manager, AI Infrastructure. He will be responsible for leading the company's AI infrastructure offerings, focusing on governed, sovereign, and compliant compute for regulated enterprises. Nambiar brings over two decades of experience from major tech companies like AWS, Google, and Microsoft, and his appointment is expected to accelerate Rackspace's investment in enterprise-grade AI infrastructure.
