Rackspace Technology (RXT) Stock Price
Rackspace Technology Price
Over the last 10 years Rackspace Technology grew revenue by 3.0% annually, reaching 2.69 B USD. For Rackspace Technology, the net margin of -8.4% is down versus -7.3% a few years ago. The consensus 12-month price target for Rackspace Technology is 5.00 USD, about 28.9% above where the stock trades today. Of 10 analysts, 0 rate the stock a buy — an overall Sell consensus.
Rackspace Technology stock price
Rackspace Technology business model & stock analysis
Frequently asked questions about Rackspace Technology
Rackspace Technology Inc's business model revolves around providing managed cloud services to businesses. As a leading provider in the industry, Rackspace offers a range of solutions, including public, private, and hybrid cloud environments. With its expertise and extensive portfolio, the company helps organizations optimize their IT infrastructure, enhance scalability, and improve security. Rackspace Technology Inc focuses on delivering tailored solutions to meet specific business needs, allowing clients to focus on their core operations while leveraging advanced technologies. As a trusted partner, Rackspace enables companies to accelerate their digital transformation journey and achieve their desired business outcomes.
Rackspace Technology Inc is primarily active in the technology industry.
The main competitors of Rackspace Technology Inc in the market include Amazon Web Services (AWS), Microsoft Azure, Google Cloud, IBM Cloud, and Alibaba Cloud. These leading cloud service providers vie with Rackspace Technology Inc to cater to the growing demand for advanced cloud computing solutions and infrastructure. With a focus on managed services and expertise across multiple cloud platforms, Rackspace Technology Inc aims to differentiate itself from its competitors by delivering flexible and scalable solutions tailored to the diverse needs of businesses and organizations.
Rackspace Technology Inc is a reputable technology company that has a rich history and background. Founded in 1998, Rackspace has emerged as a leading provider of managed cloud computing services and IT solutions. With its headquarters in Texas, USA, the company quickly expanded its operations globally. Rackspace Technology Inc has a strong focus on delivering superior customer service and expertise in managing and optimizing cloud environments. Over the years, the company has built a solid reputation for its portfolio of multicloud solutions, cybersecurity services, and support. Today, Rackspace Technology Inc continues to innovate and partner with industry leaders to provide cutting-edge technology solutions for businesses worldwide.
Some significant milestones achieved by Rackspace Technology Inc include its initial public offering in August 2020, marking the company's return to the public market. Rackspace has also expanded its global presence through strategic acquisitions and partnerships, enabling it to provide managed services across multiple cloud platforms. The company has been recognized as a leader in the Gartner Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, and it continues to innovate and enhance its portfolio to meet the evolving needs of its customers. Rackspace Technology Inc's commitment to delivering reliable, scalable, and secure cloud solutions has solidified its position as a trusted provider in the industry.
Rackspace Technology Inc is primarily present in various countries and regions around the world. With a global presence, the company operates in North America, Europe, Asia-Pacific, and the Middle East. It has established its footprint in key markets such as the United States, United Kingdom, Germany, Australia, and Singapore, among others. Rackspace Technology Inc's wide geographical presence allows it to deliver exceptional managed cloud services, multi-cloud solutions, and infrastructure support to clients internationally.
Rackspace Technology Inc represents values of expertise, innovation, and customer focus. As a leading technology solutions provider, the company prides itself on delivering exceptional services and support to its clients. Rackspace Technology Inc adopts a customer-centric approach, placing the needs and goals of clients at the forefront. By leveraging their extensive expertise and embracing innovation, the company ensures that customers receive top-notch solutions tailored to their unique requirements. Through its corporate philosophy, Rackspace Technology Inc aims to empower businesses with advanced technologies, enabling them to thrive in the digital era.
Analysts currently set an average price target of 4.83 USD for the Rackspace Technology stock (median: 5.00 USD), implying +24.5 % versus the latest price. The consensus is based on 10 analyst ratings.
10 analysts currently rate the Rackspace Technology stock: 0 recommend buying, 5 holding and 5 selling. For 2026, analysts expect Rackspace Technology to generate revenue of 2.50 B USD and earnings per share of -0.26 USD.
Converted at the current exchange rate, the Rackspace Technology share trades at 3.46 EUR (3.88 USD).
The Rackspace Technology share (RXT) is listed on 1 stock exchanges, including: NASDAQ (RXT).
Rackspace Technology Inc. is a leading provider of cloud computing services and multi-cloud solutions for businesses and organizations of all sizes. The company specializes in developing comprehensive infrastructure solutions for cloud platforms such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. Services offered by the company include colocation, hosting, managed services, private cloud, hybrid cloud, multi-cloud management, and professional services. Rackspace Technology Inc. is known for its expertise in migrating on-premise systems to the cloud and its ability to provide custom solutions. In colocation services, Rackspace Technology Inc. provides secure locations for server infrastructure that can be utilized by customers. The company handles the management, maintenance, and monitoring of the facilities, as well as compliance requirements. The hosting product portfolio includes dedicated server hosting, cloud hosting, and managed hosting. Dedicated server solutions offer customers more control over their hosting environment, including a dedicated server, proprietary hardware, and configurations. Cloud hosting options ensure quick resource deployment without lengthy maintenance and scaling processes. Managed hosting is an option for customers who want to delegate the management of their hosting environment to Rackspace Technology Inc. Private cloud services involve managing a specific cloud environment for a customer, with the ability to highly customize the system infrastructure and improve security controls. Hybrid cloud solutions provide a tailored hosting experience, allowing customers to optimize and consolidate their applications in different cloud environments. The multi-cloud management service provides a centralized platform for customers to maintain control over their multi-cloud environments. Professional services encompass a wide range of services such as consultation, migration, analysis, implementation, and support to fully utilize the capacities of the cloud. Rackspace Technology Inc. has the ability to offer customers a combination of products and services to provide individually tailored solutions for their needs. The company assists its customers in creating solutions, managing them, and optimizing costs through an integrated approach. It places special emphasis on the security of customer data and complies with all applicable legal compliance requirements. Overall, Rackspace Technology Inc. offers a wide range of cloud computing services for customers of all sizes and complexities. With its top-notch solutions for colocation, hosting, managed services, private cloud, hybrid cloud, multi-cloud management, and professional services, the company provides its customers with an adaptable, secure, and reliable infrastructure for complex applications and environments on a variety of cloud platforms.
The expected revenue of Rackspace Technology is 2.50 B USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Rackspace Technology is -64.32 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Rackspace Technology is currently -14.73. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Rackspace Technology stock.
The price-to-sales ratio (P/S) of Rackspace Technology is currently 0.38. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Rackspace Technology stock.
The Eulerpool Quality Score for Rackspace Technology is 1/10.
The ISIN of Rackspace Technology is US7501021056. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Rackspace Technology is A2QAH7. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Rackspace Technology is RXT. The ticker symbol is used to trade Rackspace Technology shares on the stock exchange.
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All fundamentals and in-depth analysis of Rackspace Technology
Our stock analysis for Rackspace Technology stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Rackspace Technology. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.