RXT

Rackspace Technology Inc
NASDAQTECHNOLOGYSOFTWARE - INFRASTRUCTURE

Key Statistics

Market Cap
$644.83M
P/E Ratio
—
EPS
$-0.65
Beta
3.31
52W High
$8.60
52W Low
$0.39
50-Day MA
$3.34
200-Day MA
$3.24
Dividend Yield
—
Profit Margin
-5.88%
Forward P/E
7.66
PEG Ratio
4.93

About Rackspace Technology Inc

Rackspace Technology, Inc. is a global multi-cloud technology services company. The company is headquartered in San Antonio, Texas.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$2.70B
Gross Profit (TTM)$501.30M
EBITDA$247.80M
Operating Margin-2.13%
Return on Equity-352.80%
Return on Assets-0.96%
Revenue/Share (TTM)$11.02
Book Value$-5.09
Price-to-Book0.81
Price-to-Sales (TTM)0.24
EV/Revenue1.394
EV/EBITDA12.08
Quarterly Earnings Growth (YoY)0.00%
Quarterly Revenue Growth (YoY)0.60%
Shares Outstanding$254.87M
Float$107.11M
% Insiders2.91%
% Institutions83.79%

Historical Volatility

HV 10-Day
153.84%
HV 20-Day
126.63%
HV 30-Day
114.53%
HV 60-Day
100.87%
HV Rank
—

Volatility is currently expanding

Analyst Ratings

Consensus ($4.77 target)
3
Hold

Latest News

HGS Selects Rackspace Technology for Private AI Infrastructure Powered by AMD

HGS becomes first announced GSI customer of Rackspace's Managed Compute and Inference Platform, powered by AMD Multi-year infrastructure and services agreement adds to Rackspace's Enterprise AI growth vector Deployment gives HGS greater control over AI compute, while expanding its ability to deliver private and sovereign-ready cloud solutions to enterprise customers SAN ANTONIO, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today announced that Hinduja Global Solutions (HGS) (listed on BSE & NSE), an intelligent experiences partner, has selected Rackspace to provide the private cloud, AI compute infrastructure, powered by AMD, supporting its strategy to deliver AI-powered intelligent experiences for enterprise customers. The 3-year deployment will begin in December 2026 and will give HGS greater control over AI economics, security and compute while expanding the solutions it can offer enterprise customers in the US and UK.

GlobeNewsWire10/29/2026Neutral
Rackspace Technology to Report Third Quarter 2026 Financial Results

SAN ANTONIO, Oct. 20, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today announced that it will release its third quarter 2026 financial results after market close on Monday, November 9, 2026. Gajen Kandiah, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on Tuesday, November 10, 2026, at 8:30 a.m.

GlobeNewsWire10/20/2026Neutral
Rackspace: The Unhealthy Fixation Over GAAP Losses

Rackspace is positioned to capitalize on enterprise AI demand by expanding its high-margin Private Cloud segment and reducing reliance on low-margin Public Cloud. Private Cloud, representing 39% of revenue, delivers a 21.8% operating margin versus Public Cloud's 4.7%, highlighting the strategic shift's profitability. The AMD partnership targets up to 30 MW of AI infrastructure by 2028, potentially adding $450–$600 million in annual revenue at over 50% adjusted EBITDA margin.

Seeking Alpha9/30/2026Neutral
RXT Investor Alert: Rackspace Technology, Inc. Securities Class Action Notice - Contact Levi & Korsinsky

Disclosure Under Scrutiny: Rackspace's SEC filings allegedly described a general "Business Mix Shift" while, the complaint contends, the Company was already preparing to exit colocation, basic hosting, and low-margin Public Cloud resale lines that would cost $150 million in FY2026 revenue. Disclosure Under Scrutiny: Rackspace's SEC filings allegedly described a general "Business Mix Shift" while, the complaint contends, the Company was already preparing to exit colocation, basic hosting, and low-margin Public Cloud resale lines that would cost $150 million in FY2026 revenue.

GlobeNewsWire9/28/2026Neutral
DEADLINE TODAY: Rackspace Technology Investors Should Contact Block & Leviton to Possibly Recover Losses

Boston, Massachusetts--(Newsfile Corp. - September 28, 2026) - Block & Leviton reminds investors that a securities fraud lawsuit has been filed against Rackspace Technology (NASDAQ: RXT) and certain of its executives. Investors who have lost money in their Rackspace Technology investment should contact the firm today to learn more about how they might recover those losses.

Newsfile Corp9/28/2026Neutral
RXT Investor Lawsuit: Rackspace Technology Sued for Securities Fraud on behalf of Investors with Losses – Contact BFA Law by September 28 Court Deadline

NEW YORK, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm  Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. (NASDAQ:RXT) and certain of the company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

GlobeNewsWire9/28/2026Neutral
RXT Investors Have Opportunity to Lead Rackspace Technology, Inc. Securities Fraud Lawsuit with SBS Law

LOS ANGELES, Sept. 28, 2026 /PRNewswire/ -- Schall, Brown & Schwartz LLP ("SBS"), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Rackspace Technology, Inc. ("Rackspace" or "the Company") (NASDAQ: RXT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

PRNewsWire9/28/2026Neutral
RXT DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Rackspace Technology, Inc. Investors to Secure Counsel Before Important September 28 Deadline in Securities Class Action - RXT

New York, New York--(Newsfile Corp. - September 27, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Rackspace Technology, Inc. (NASDAQ: RXT) between May 7, 2026 and July 8, 2026 inclusive (the "Class Period"), of the important September 28, 2026 lead plaintiff deadline. SO WHAT: If you purchased Rackspace securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Newsfile Corp9/27/2026Neutral

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Data last updated: 11/7/2026