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Home โบ Stocks โบ Rackspace Technology, Inc. (RXT) Stock Forecast & Price Prediction United States | NASDAQ | Technology | Software - Infrastructure
$1.01
+0.04 (3.91%)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 15 Wall Street analysts, RXT has a neutral consensus with a median price target of $1.40 (ranging from $1.30 to $1.75). The overall analyst rating is Buy (6.0/10). Currently trading at $1.01, the median forecast implies a 38.6% upside. This outlook is supported by 0 Buy, 3 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Daniel R. Perlin at RBC Capital, projecting a 73.3% upside.
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 |
|---|---|---|---|---|---|
| Nov 10, 2025 | RBC Capital | Daniel R. Perlin | Sector Perform | Maintains | $1.75 |
| Aug 12, 2025 | BMO Capital | Keith Bachman | Market Perform | Maintains | $1.40 |
| Jun 2, 2025 | Raymond James | Frank Louthan | Market Perform | Downgrade | $N/A |
| May 12, 2025 | RBC Capital | Daniel Perlin | Sector Perform | Maintains | $2.00 |
| May 9, 2025 | UBS | Kevin Mcveigh | Neutral | Maintains | $1.90 |
| Apr 25, 2025 | Barclays | Ramsey El-Assal | Underweight | Maintains | $1.00 |
| Nov 18, 2024 | Barclays | Ramsey El-Assal | Underweight | Maintains | $2.00 |
| Aug 16, 2024 | UBS | Kevin Mcveigh | Neutral | Maintains | $2.30 |
| Mar 13, 2024 | RBC Capital | Daniel Perlin | Sector Perform | Reiterates | $3.00 |
| Mar 13, 2024 | Evercore ISI Group | Amit Daryanani | In-Line | Maintains | $2.00 |
| Mar 13, 2024 | BMO Capital | Keith Bachman | Market Perform | Maintains | $2.50 |
| Mar 13, 2024 | Raymond James | Frank Louthan | Outperform | Maintains | $3.00 |
| Nov 20, 2023 | Citigroup | Ashwin Shirvaikar | Sell | Maintains | $1.25 |
| Nov 7, 2023 | UBS | Kevin Mcveigh | Neutral | Initiates | $1.40 |
| Oct 23, 2023 | Barclays | Ramsey El-Assal | Underweight | Maintains | $1.00 |
| Sep 19, 2023 | Raymond James | Frank Louthan | Outperform | Upgrade | $3.50 |
| Aug 9, 2023 | BMO Capital | Keith Bachman | Market Perform | Maintains | $2.50 |
| Aug 9, 2023 | Credit Suisse | Kevin Mcveigh | Outperform | Maintains | $5.00 |
| Aug 7, 2023 | Credit Suisse | Kevin Mcveigh | Outperform | Maintains | $4.15 |
| Jul 25, 2023 | Citigroup | Sell | Downgrade | $N/A |
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Rackspace Technology, Inc. has a market capitalization of $246.03M with a P/E ratio of -0.3x. The company generates $2.69B in trailing twelve-month revenue with a -9.3% profit margin.
Revenue growth is -0.7% quarter-over-quarter, while maintaining an operating margin of -3.2% and return on equity of +85.5%.
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Provides multicloud solutions for businesses.
Rackspace Technology generates revenue by offering comprehensive cloud services, including infrastructure, application, and data management tailored to meet diverse business needs. The company supports various industries by providing managed cloud solutions, consultancy, and strategic guidance, helping enterprises optimize their workloads across multiple cloud platforms.
With over 20 years of experience, Rackspace is recognized for its expertise in managing cloud technologies from major providers like AWS, Microsoft Azure, and Google Cloud Platform. This positions the company as a key player in facilitating digital transformation and enhancing operational efficiency for organizations globally.
Technology
Software - Infrastructure
5,100
Mr. Amar Maletira
United States
2020
Rackspace Technology (NASDAQ: RXT) has been recognized as a leader in three quadrants of the 2025 ISG Provider Lensโข Report for its cloud and AI solutions, highlighting its strong market position.
Rackspace's leadership position in key service areas signals strong competitive advantage, likely boosting investor confidence and potentially increasing stock value due to heightened demand for cloud and AI solutions.
Rackspace Technology has partnered with Niterra EMEA GmbH to facilitate Niterra's digital transformation via a migration to Google Cloud, leveraging Rackspace's expertise in workload management.
Rackspace's partnership with Niterra enhances its credibility in cloud migration, potentially driving revenue growth and attracting more clients in the automotive sector, which could positively impact stock performance.
Rackspace Technology (NASDAQ: RXT) received the 2025 Geography and Global AWS Partner Award as Collaboration Partner of the Year for its work with MontyCloud in enhancing customer solutions on AWS.
Rackspace's award highlights its strong partnership with AWS, enhancing its market position and credibility, which can lead to increased business and revenue growth.
CNBC's "Closing Bell" featured Tom Lee from Fundstrat discussing stock market conditions and expectations as the year-end approaches.
The discussion on year-end stock performance by experts can influence market sentiment, guiding investor expectations and strategies for the upcoming quarter.
Rackspace Technology (NASDAQ: RXT) appointed Lata Varghese as SVP of Business Transformation and Phani Kishore Burre as SVP of Services and Delivery for its Public Cloud unit.
New leadership appointments at Rackspace may signal strategic shifts and enhanced operational efficiency, potentially impacting company performance and stock value.
Rackspace Technology launched Rackspace AI Launchpad, a secure managed service for organizations to evaluate, pilot, and deploy AI workloads.
Rackspace AI launchpad signals growth in AI services, potentially attracting new clients and increasing revenue, impacting Rackspace's market position and stock performance.
Based on our analysis of 15 Wall Street analysts, Rackspace Technology, Inc. (RXT) has a median price target of $1.40. The highest price target is $1.75 and the lowest is $1.30.
According to current analyst ratings, RXT has 0 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.01. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict RXT stock could reach $1.40 in the next 12 months. This represents a 38.6% increase from the current price of $1.01. Please note that this is a projection by Wall Street analysts and not a guarantee.
Rackspace Technology generates revenue by offering comprehensive cloud services, including infrastructure, application, and data management tailored to meet diverse business needs. The company supports various industries by providing managed cloud solutions, consultancy, and strategic guidance, helping enterprises optimize their workloads across multiple cloud platforms.
The highest price target for RXT is $1.75 from Daniel R. Perlin at RBC Capital, which represents a 73.3% increase from the current price of $1.01.
The lowest price target for RXT is $1.30 from at , which represents a 28.7% increase from the current price of $1.01.
The overall analyst consensus for RXT is neutral. Out of 15 Wall Street analysts, 0 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $1.40.
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.