Rackspace Technology Inc
$ 4.90
1.66%
07 Aug - close price
- Market Cap 1,244,152,000 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
2026-08-09 16:09:36
The Rosen Law Firm is reminding investors who purchased Rackspace Technology, Inc. (NASDAQ: RXT) securities between May 7, 2026, and July 8, 2026, of the September 28, 2026, lead plaintiff deadline for a securities fraud lawsuit. The lawsuit alleges that Rackspace made misleading statements regarding its enterprise AI efforts, Public Cloud revenue decline, and resulting impact on fiscal year 2026 revenue. Investors are encouraged to join the class action to potentially recover damages.
2026-08-09 09:09:36
Janus Henderson Group PLC significantly increased its stake in Rackspace Technology (NASDAQ:RXT) by 179.7% in Q1 2026, now owning 1.18% of the company. Despite this institutional confidence and Rackspace's push into AI infrastructure with a new Senior VP hire, the company faces ongoing securities class-action lawsuits regarding alleged revenue shortfalls and reduced 2026 guidance. Analysts currently rate RXT a "Reduce" with a $2.70 price target, significantly below its opening price of $4.90.
2026-08-08 21:12:16
Kessler Topaz Meltzer & Check, LLP has filed a securities fraud 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 lawsuit alleges that Rackspace made materially false and misleading statements regarding its enterprise AI efforts, which required significant re-prioritization of resources away from its profitable Private Cloud segment, and that its Public Cloud revenue was declining. Investors who suffered losses have until September 28, 2026, to file for lead plaintiff status.
2026-08-08 21:09:37
Kessler Topaz Meltzer & Check, LLP has announced a securities fraud class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) for investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made materially false or misleading statements regarding its enterprise AI efforts, which required significant re-prioritization of resources away from its profitable Private Cloud segment and led to a reduction in its 2026 revenue guidance. Investors have until September 28, 2026, to seek lead plaintiff status in the lawsuit.
2026-08-08 20:12:16
Rackspace Technology (RXT) is facing securities class action lawsuits alleging it misled investors about the impact of its AI pivot on its cloud businesses and 2026 guidance. Despite this legal pressure, the company has appointed a new Senior Vice President for AI Infrastructure, signaling a deeper commitment to enterprise AI. This article explores how these disclosure issues could affect Rackspace's investment narrative and its ability to stabilize revenue and margins through its AI-focused repositioning.
2026-08-08 08:12:16
Kaplan Fox & Kilsheimer LLP has announced a class action lawsuit against Rackspace Technology, Inc. (RXT) for investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made false and misleading statements regarding its enterprise AI efforts, declining Public Cloud revenue, and the impact on its fiscal year 2026 revenue. Investors with losses are encouraged to seek a leadership role by September 28, 2026.
