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Home โบ Stocks โบ Rackspace Technology, Inc. (RXT) Stock Forecast & Price Prediction United States | NASDAQ | Technology | Software - Infrastructure
$4.15
-0.06 (-1.43%)Did RXT Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Rackspace is one of their latest high-conviction picks.
Based on our analysis of 2 Wall Street analysts, RXT has a neutral consensus with a median price target of $5.00 (ranging from $4.00 to $5.70). The overall analyst rating is Buy (6.0/10). Currently trading at $4.15, the median forecast implies a 20.5% upside. This outlook is supported by 0 Buy, 3 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by David Paige at RBC Capital, suggesting a 3.6% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for RXT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jun 17, 2026 | RBC Capital | David Paige | Sector Perform | Maintains | $4.00 |
| Feb 27, 2026 | RBC Capital | Sector Perform | Maintains | $N/A | |
| Nov 10, 2025 | RBC Capital | Sector Perform | Maintains | $N/A | |
| Aug 12, 2025 | BMO Capital | Market Perform | Maintains | $N/A | |
| Jun 2, 2025 | Raymond James | Market Perform | Downgrade | $N/A | |
| May 12, 2025 | RBC Capital | Sector Perform | Maintains | $N/A | |
| May 9, 2025 | UBS | Neutral | Maintains | $N/A | |
| Apr 25, 2025 | Barclays | Underweight | Maintains | $N/A | |
| Nov 18, 2024 | Barclays | Underweight | Maintains | $N/A | |
| Aug 16, 2024 | UBS | Neutral | Maintains | $N/A | |
| Mar 13, 2024 | Raymond James | Outperform | Maintains | $N/A | |
| Mar 13, 2024 | RBC Capital | Sector Perform | Reiterates | $N/A | |
| Mar 13, 2024 | BMO Capital | Market Perform | Maintains | $N/A | |
| Mar 13, 2024 | Evercore ISI Group | In-Line | Maintains | $N/A | |
| Nov 20, 2023 | Citigroup | Sell | Maintains | $N/A | |
| Nov 7, 2023 | UBS | Neutral | Initiates | $N/A | |
| Oct 23, 2023 | Barclays | Underweight | Maintains | $N/A | |
| Sep 19, 2023 | Raymond James | Outperform | Upgrade | $N/A | |
| Aug 9, 2023 | BMO Capital | Market Perform | Maintains | $N/A | |
| Aug 9, 2023 | Credit Suisse | Outperform | Maintains | $N/A |
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Rackspace Technology, Inc. has a market capitalization of $1.05B with a P/E ratio of -4.4x. The company generates $2.70B in trailing twelve-month revenue with a -5.4% profit margin.
Revenue growth is +1.9% quarter-over-quarter, while maintaining an operating margin of -1.1% and return on equity of +18.5%.
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Provides IT services and cloud solutions.
The company generates revenue by offering managed multicloud services, cloud migration, application management, and compliance solutions to businesses and public-sector organizations. Their focus on private cloud and enterprise AI deployments allows them to cater to customers in regulated industries, ensuring secure and efficient operations.
Founded in 1998 and headquartered in San Antonio, Texas, Rackspace Technology supports complex technology environments and plays a vital role in enabling digital operations for enterprises that rely on scalable cloud architecture.
Technology
Software - Infrastructure
5,000
Mr. Gajen Kandiah
United States
2020
Rackspace has been awarded for its ongoing commitment to supporting reservists, veterans, and military families, highlighting its corporate social responsibility efforts.
Rackspace's recognition for supporting veterans and military families enhances its corporate reputation, potentially attracting socially conscious investors and boosting employee morale, which can lead to better performance.
A report confirms Rackspace's leadership in AI-ready infrastructure, sovereign cloud services, and production-scale enterprise AI operations, highlighting its competitive position in the market.
Rackspace's validation in AI infrastructure and services indicates strong market positioning, potentially leading to increased demand, revenue growth, and investor confidence in its future performance.
The Law Offices of Howard G. Smith are investigating potential federal securities law violations by Rackspace Technology, Inc. (NASDAQ: RXT) on behalf of affected investors.
Rackspace Technology faces a securities law investigation, potentially impacting its stock value and investor confidence, signaling increased risk for current and prospective shareholders.
Glancy Prongay Wolke & Rotter LLP is investigating Rackspace Technology, Inc. (NASDAQ: RXT) for potential federal securities law violations, inviting affected investors to inquire about claims.
The investigation into Rackspace Technology for potential securities law violations may indicate financial instability or legal troubles, impacting share value and investor confidence.
Rackspace Technology Inc. (NASDAQ:RXT) is shifting focus from GPU capacity to ownership of AI outcomes generated by those chips.
Rackspace's shift in focus to ownership of AI outcomes signals a strategic pivot, potentially affecting competitive positioning and investment value in the AI sector.
Rackspace Technology (NASDAQ:RXT) shares rose 22% intraday to $5.35, up from a previous close of $4.37, as of 3:20 PM ET on Friday.
The sharp rebound in Rackspace shares signals increased investor confidence and potential recovery, impacting market perceptions and investment strategies regarding the company.
Based on our analysis of 2 Wall Street analysts, Rackspace Technology, Inc. (RXT) has a median price target of $5.00. The highest price target is $5.70 and the lowest is $4.00.
According to current analyst ratings, RXT has 0 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $4.15. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict RXT stock could reach $5.00 in the next 12 months. This represents a 20.5% increase from the current price of $4.15. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue by offering managed multicloud services, cloud migration, application management, and compliance solutions to businesses and public-sector organizations. Their focus on private cloud and enterprise AI deployments allows them to cater to customers in regulated industries, ensuring secure and efficient operations.
The highest price target for RXT is $5.70 from at , which represents a 37.3% increase from the current price of $4.15.
The lowest price target for RXT is $4.00 from David Paige at RBC Capital, which represents a -3.6% decrease from the current price of $4.15.
The overall analyst consensus for RXT is neutral. Out of 2 Wall Street analysts, 0 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $5.00.
Stock price projections, including those for Rackspace Technology, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.