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RXT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
5.760
Open
5.630
VWAP
5.03
Vol
61.02M
Mkt Cap
1.37B
Low
4.650
Amount
307.16M
EV/EBITDA(TTM)
18.50
Total Shares
249.22M
EV
4.37B
EV/OCF(TTM)
30.38
P/S(TTM)
0.49
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.
Show More

Events Timeline

(ET)
2026-05-07
15:00:00
SoftBank Plans to Develop Homegrown AI Servers
select
2026-05-07
10:00:00
Rackspace and AMD Sign Strategic Partnership MOU
select
2026-05-07
09:40:00
Rackspace Shares Jump 64% to $3.72 Following Earnings Report
select
2026-05-07
09:10:00
Company Reports Q1 Revenue of $665.4M, Exceeds Expectations
select
2026-03-27 (ET)
2026-03-27
08:50:00
Rackspace Technology Borrow Rate Increases to 14.06%
select
2026-03-18 (ET)
2026-03-18
05:10:00
Rackspace and Rubrik Launch UK Sovereign Cyber Recovery Cloud
select

News

stocktwits
9.5
05-11stocktwits
Rackspace Reports Q1 Profit, Partners with AMD for AI Platform
  • Profit Rebound: Rackspace reported Q1 revenue of $678.1 million and earnings of $0.30 per share, surpassing analysts' expectations of $660 million and a loss of $0.03, indicating a significant improvement in financial health that boosts market confidence.
  • Stock Surge: Rackspace's stock soared over 210% last week, with gains exceeding 55% on Thursday and Friday, reaching a 52-week high, reflecting strong investor optimism regarding the company's return to profitability and its AI infrastructure strategy.
  • Strategic Partnership: Rackspace and AMD have established a multi-year partnership to combine AMD's high-performance computing chips with Rackspace's cloud services, aiming to create a fully managed enterprise AI platform that simplifies the construction and management of AI systems for businesses.
  • Market Sentiment: According to Stocktwits data, retail sentiment around RXT stock remains in the 'extremely bullish' territory, with investors expressing optimistic expectations for future price increases, further fueling market enthusiasm in the short term.
Fool
8.5
05-08Fool
Rackspace Technology Shares Surge 55.97% on AI Partnership with AMD
  • Significant Stock Surge: Rackspace Technology's shares rose by 55.97% to close at $5.49, primarily driven by the announcement of an AI cloud infrastructure partnership with AMD, which is expected to enhance future demand and boost market confidence.
  • Volume Spike: The trading volume reached 150.9 million shares, approximately 389% above the three-month average of 30.6 million shares, indicating strong investor interest and heightened market activity surrounding the company's prospects.
  • Financial Recovery: The company reported a 2% year-over-year revenue increase to $678 million in Q1, with a net income of about $8 million, signaling a return to profitability after a 66% decline since its IPO, which has bolstered investor confidence.
  • Divergent Cloud Revenue: Public cloud revenue grew to $443 million while private cloud revenue fell to $235 million, highlighting performance disparities across different cloud service segments, necessitating attention on how to convert the AMD partnership into sustainable revenue streams.
Yahoo Finance
7.5
05-08Yahoo Finance
Rackspace Surges on AMD AI Cloud Agreement
  • Stock Surge: Rackspace Technology's shares soared by 55.97% to close at $5.49, primarily driven by the announcement of a partnership with AMD to develop AI cloud infrastructure, indicating strong market expectations for future demand.
  • Volume Spike: The company's trading volume reached 150.9 million shares, approximately 389% above its three-month average of 30.6 million shares, reflecting heightened investor interest and positive market sentiment regarding the new collaboration.
  • Financial Recovery: Rackspace reported a 2% increase in first-quarter revenue to $678 million, achieving a net income of about $8 million, marking a return to profitability; while private cloud revenue declined to $235 million, public cloud revenue grew to $443 million, showcasing potential for business restructuring.
  • Future Outlook: Although the agreement with AMD is still a framework rather than a confirmed revenue contract, it provides Rackspace with a more targeted AI offering, particularly for regulated industries like healthcare and finance, which is expected to drive sustained revenue growth in the future.
NASDAQ.COM
7.5
05-08NASDAQ.COM
Rackspace Partners with AMD to Enhance AI Cloud Services
  • Stock Surge: Rackspace Technology's shares soared 55.97% to $5.49, primarily driven by the announcement of an AI cloud infrastructure partnership with AMD, indicating strong market expectations for future demand.
  • Volume Spike: The company's trading volume reached 150.9 million shares, approximately 389% above the three-month average of 30.6 million shares, reflecting heightened investor interest and positive market sentiment regarding the new collaboration.
  • Financial Recovery: First-quarter revenue increased by 2% to $678 million, with a net income of about $8 million, marking a return to profitability; despite a decline in private cloud revenue to $235 million, public cloud revenue grew to $443 million, indicating a shift in business dynamics.
  • Strategic Partnership Outlook: The collaboration with AMD provides Rackspace with a more targeted AI offering, and although it remains a framework agreement, the demand for infrastructure that meets security and compliance requirements in regulated sectors like healthcare and finance is expected to drive future revenue growth.
Fool
8.5
05-07Fool
Rackspace Technology Shares Double Amid New AI Infrastructure Partnership
  • Stock Surge: Rackspace Technology's shares more than doubled on Thursday morning, peaking at a 103.5% gain, with a current price of $4.17 and a market cap of $560 million, reflecting optimistic market sentiment regarding its future growth prospects.
  • Mixed Earnings Report: The Q1 earnings showed a modest 2% year-over-year revenue increase to $678 million, slightly above Wall Street's $675 million consensus, but the adjusted net loss of $0.06 per share fell short of the expected $0.03, indicating a lack of strong short-term growth momentum.
  • New Market Opportunity: Rackspace announced a Memorandum of Understanding with AMD to establish governed enterprise AI infrastructure, aiming to create a new market category, which positions the company to lead in sectors demanding high security and performance.
  • Long-Term Growth Potential: Although management's unchanged full-year guidance suggests that revenue from the new AMD systems may not materialize until 2027, the market's positive outlook on Rackspace's growth plans is evident, with the stock trading at only 0.4 times trailing sales, indicating its relative affordability as an investment.
stocktwits
7.5
05-07stocktwits
Rackspace Partners with AMD to Launch AI Infrastructure
  • Revenue Beat: Rackspace reported Q1 revenue of $678.1 million, surpassing analysts' expectations of $660 million, indicating strong growth potential in the enterprise AI sector, with projected full-year revenue between $2.6 billion and $2.7 billion.
  • Earnings Reversal: The company achieved earnings of $0.03 per share, marking a significant turnaround from a loss of $0.31 per share in the same quarter last year, demonstrating the effectiveness of its business model and increased market demand.
  • Strategic Partnership: Rackspace has signed a multiyear partnership with AMD to develop a ‘governed enterprise AI infrastructure,’ integrating AMD hardware to enhance enterprise flexibility and performance in AI deployment, further solidifying its market position.
  • Stock Surge: Rackspace's shares surged over 90% following the announcement of the new partnership, reflecting strong market approval of its new strategy and investor optimism regarding future growth.
Wall Street analysts forecast RXT stock price to rise
3 Analyst Rating
Wall Street analysts forecast RXT stock price to rise
0 Buy
3 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
1.30
Averages
1.48
High
1.75
Current: 0.000
sliders
Low
1.30
Averages
1.48
High
1.75
UBS
Neutral
maintain
$2
AI Analysis
2026-02-27
Reason
UBS
Price Target
$2
AI Analysis
2026-02-27
maintain
Neutral
Reason
UBS raised the firm's price target on Rackspace Technology to $2 from $1.30 and keeps a Neutral rating on the shares.
RBC Capital
Sector Perform
maintain
2026-02-27
Reason
RBC Capital
Price Target
2026-02-27
maintain
Sector Perform
Reason
RBC Capital raised the firm's price target on Rackspace Technology to $2.50 from $1.75 and keeps a Sector Perform rating on the shares. The company's Q4 results came in better than expected as Rackspace continues to make progress, while overall FY26 guidance was largely in line with expectations, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RXT
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Valuation Metrics

The current forward P/E ratio for Rackspace Technology Inc (RXT.O) is 33.44, compared to its 5-year average forward P/E of 5.64. For a more detailed relative valuation and DCF analysis to assess Rackspace Technology Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
5.64
Current PE
33.44
Overvalued PE
39.94
Undervalued PE
-28.65

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
11.54
Current EV/EBITDA
15.27
Overvalued EV/EBITDA
13.49
Undervalued EV/EBITDA
9.58

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.35
Current PS
0.33
Overvalued PS
0.69
Undervalued PS
0.01

Financials

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Whales Holding RXT

A
Apollo Global Management, Inc.
Holding
RXT
+9.28%
3M Return

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Frequently Asked Questions

What is Rackspace Technology Inc (RXT) stock price today?

The current price of RXT is 4.69 USD — it has decreased -14.57

What is Rackspace Technology Inc (RXT)'s business?

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.

What is the price predicton of RXT Stock?

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 is1.48 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.

What is Rackspace Technology Inc (RXT)'s revenue for the last quarter?

Rackspace Technology Inc revenue for the last quarter amounts to 678.10M USD, increased 1.91

What is Rackspace Technology Inc (RXT)'s earnings per share (EPS) for the last quarter?

Rackspace Technology Inc. EPS for the last quarter amounts to 0.03 USD, decreased -109.68

How many employees does Rackspace Technology Inc (RXT). have?

Rackspace Technology Inc (RXT) has 5000 emplpoyees as of May 12 2026.

What is Rackspace Technology Inc (RXT) market cap?

Today RXT has the market capitalization of 1.37B USD.