Leadership Recognition: Rackspace Technology has been positioned as a leader in the 2025 ISG Provider Lens™ Multi Public Cloud Services Report for midmarket Consulting and Transformation Services, Managed Services, and FinOps Services, highlighting its excellence in managing multi-cloud environments.
AI Integration Advantage: The company enhances operational efficiency for enterprises in multi-cloud environments by integrating AI, automation, and Generative AI into its offerings, enabling rapid recovery, cost reduction, and improved customer experience.
Focus on Midmarket: D K Sinha, President of Public Cloud at Rackspace, emphasized the company's commitment to helping midmarket organizations modernize with confidence, optimizing costs and accelerating time to value through advisory-led transformation and AI-powered automation.
Comprehensive Tech Services: Rackspace offers end-to-end multi-cloud technology services, supporting customers in designing, building, and operating cloud environments across major technology platforms, ensuring support at every stage of their cloud journey.
RXT
$1.075+Infinity%1D
Analyst Views on RXT
Wall Street analysts forecast RXT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RXT is 1.48 USD with a low forecast of 1.30 USD and a high forecast of 1.75 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast RXT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RXT is 1.48 USD with a low forecast of 1.30 USD and a high forecast of 1.75 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
3 Hold
0 Sell
Hold
Current: 1.130
Low
1.30
Averages
1.48
High
1.75
Current: 1.130
Low
1.30
Averages
1.48
High
1.75
Raymond James
Frank Louthan
Outperform -> Market Perform
downgrade
2025-06-02
Reason
Raymond James
Frank Louthan
Price Target
2025-06-02
downgrade
Outperform -> Market Perform
Reason
RBC Capital
Sector Perform
downgrade
$3 -> $2
2025-05-12
Reason
RBC Capital
Price Target
$3 -> $2
2025-05-12
downgrade
Sector Perform
Reason
RBC Capital lowered the firm's price target on Rackspace Technology to $2 from $3 and keeps a Sector Perform rating on the shares. The company reported solid results with beats across both the top and bottom line, marking the company's 11th consecutive quarter of meeting or exceeding guidance, the analyst tells investors in a research note. Rackspace has a solid foundation to turnaround the company's operations, RBC adds.
UBS
Neutral
downgrade
2025-05-09
Reason
UBS
Price Target
2025-05-09
downgrade
Neutral
Reason
UBS lowered the firm's price target on Rackspace Technology to $1.90 from $2.95 and keeps a Neutral rating on the shares.
Barclays
Ramsey El-Assal
Underweight
downgrade
$2 -> $1
2025-04-25
Reason
Barclays
Ramsey El-Assal
Price Target
$2 -> $1
2025-04-25
downgrade
Underweight
Reason
Barclays analyst Ramsey El-Assal lowered the firm's price target on Rackspace Technology to $1 from $2 and keeps an Underweight rating on the shares as part of a Q1 earnings preview for the IT services group. Read-throughs point to relatively stable demand trends, leading Barclays to believe Q1 estimates are achievable, the analyst tells investors in a research note. However, the firm says tariff-driven uncertainty "has muddied forward-looking expectations, adding plenty of risk" to a back-half of the year growth acceleration.
About RXT
Rackspace Technology, Inc. is an end-to-end hybrid, hybrid cloud, and artificial intelligence (AI) solutions company. The Company designs, builds, and operates its customers’ cloud environments across all technology platforms, irrespective of technology stack or deployment model. The Company operates through two segments. Its Public Cloud segment is a service-centric, capital-light model providing value-added cloud solutions through managed services, elastic engineering and professional services offerings for customer environments hosted on the Amazon Web Services (AWS), Microsoft Azure and Google Cloud public cloud platforms. Its Private Cloud segment is a technology-forward, capital-intensive model providing managed service offerings for customer environments hosted in one of its data centers as well as in those owned by customers or by third parties. Private Cloud product portfolio includes Programmatic Infrastructure, Cloud Operating Systems, Platform-as-a-Service, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
