Rackspace Technology, Inc.

NasdaqGS:RXT Stock Report

Market Cap: US$512.0m

Rackspace Technology Future Growth

Future criteria checks 0/6

Rackspace Technology is forecast to grow earnings and revenue by 69.1% and 0.4% per annum respectively while EPS is expected to grow by 73.6% per annum.

Key information

69.1%

Earnings growth rate

73.6%

EPS growth rate

IT earnings growth14.2%
Revenue growth rate0.4%
Future return on equityn/a
Analyst coverage

Low

Last updated09 Dec 2024

Recent future growth updates

Recent updates

Rackspace Technology, Inc.'s (NASDAQ:RXT) Share Price Is Matching Sentiment Around Its Revenues

Oct 09
Rackspace Technology, Inc.'s (NASDAQ:RXT) Share Price Is Matching Sentiment Around Its Revenues

What Does Rackspace Technology, Inc.'s (NASDAQ:RXT) Share Price Indicate?

Apr 24
What Does Rackspace Technology, Inc.'s (NASDAQ:RXT) Share Price Indicate?

Improved Revenues Required Before Rackspace Technology, Inc. (NASDAQ:RXT) Stock's 28% Jump Looks Justified

Mar 09
Improved Revenues Required Before Rackspace Technology, Inc. (NASDAQ:RXT) Stock's 28% Jump Looks Justified

A Look At The Fair Value Of Rackspace Technology, Inc. (NASDAQ:RXT)

Jan 23
A Look At The Fair Value Of Rackspace Technology, Inc. (NASDAQ:RXT)

Rackspace Technology, Inc. (NASDAQ:RXT) Held Back By Insufficient Growth Even After Shares Climb 33%

Dec 22
Rackspace Technology, Inc. (NASDAQ:RXT) Held Back By Insufficient Growth Even After Shares Climb 33%

These Return Metrics Don't Make Rackspace Technology (NASDAQ:RXT) Look Too Strong

Jul 05
These Return Metrics Don't Make Rackspace Technology (NASDAQ:RXT) Look Too Strong

Returns At Rackspace Technology (NASDAQ:RXT) Appear To Be Weighed Down

Feb 28
Returns At Rackspace Technology (NASDAQ:RXT) Appear To Be Weighed Down

Rackspace Technology (NASDAQ:RXT) Is Looking To Continue Growing Its Returns On Capital

Oct 19
Rackspace Technology (NASDAQ:RXT) Is Looking To Continue Growing Its Returns On Capital

Rackspace's Cloud Transformation Is Promising But The Risks Are High

Oct 07

Rackspace Technology names finance chief as CEO

Sep 26

Rackspace Technology Non-GAAP EPS of $0.17 beats by $0.01, revenue of $772M misses by $12.72M

Aug 09

Rackspace Technology (NASDAQ:RXT) Might Have The Makings Of A Multi-Bagger

Jul 07
Rackspace Technology (NASDAQ:RXT) Might Have The Makings Of A Multi-Bagger

Earnings and Revenue Growth Forecasts

NasdaqGS:RXT - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20262,910-232N/AN/A1
12/31/20252,702-247-27535
12/31/20242,727-874-116N/A5
9/30/20242,771-774-6758N/A
6/30/20242,828-814145273N/A
3/31/20242,889-866174287N/A
12/31/20232,957-838278375N/A
9/30/20233,024-1,080252330N/A
6/30/20233,080-1,36565134N/A
3/31/20233,106-1,378107180N/A
12/31/20223,122-805166247N/A
9/30/20223,113-674192279N/A
6/30/20223,088-197222310N/A
3/31/20223,059-193241332N/A
12/31/20213,010-218262371N/A
9/30/20212,948-199189295N/A
6/30/20212,868-266111227N/A
3/31/20212,780-26276195N/A
12/31/20202,707-2460117N/A
9/30/20202,618-22992234N/A
6/30/20202,538-188129279N/A
3/31/20202,484-93123295N/A
12/31/20192,438-10295293N/A
12/31/20182,453-471136430N/A
12/31/20172,145-60N/A292N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RXT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: RXT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: RXT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: RXT's revenue (0.4% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: RXT's revenue (0.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if RXT's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 13:11
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Rackspace Technology, Inc. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ramsey El-AssalBarclays
Keith BachmanBMO Capital Markets Equity Research
Ashwin ShirvaikarCitigroup Inc