Rackspace Technology Future Growth
Future criteria checks 0/6
Rackspace Technology's revenue is forecast to decline at 1.1% per annum while its annual earnings are expected to grow at 56.8% per year. EPS is expected to grow by 61.5% per annum.
Key information
56.8%
Earnings growth rate
61.5%
EPS growth rate
| IT earnings growth | 17.4% |
| Revenue growth rate | -1.1% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 18 May 2024 |
Recent future growth updates
Recent updates
What Does Rackspace Technology, Inc.'s (NASDAQ:RXT) Share Price Indicate?
Apr 24
Improved Revenues Required Before Rackspace Technology, Inc. (NASDAQ:RXT) Stock's 28% Jump Looks Justified
Mar 09A Look At The Fair Value Of Rackspace Technology, Inc. (NASDAQ:RXT)
Jan 23Rackspace Technology, Inc. (NASDAQ:RXT) Held Back By Insufficient Growth Even After Shares Climb 33%
Dec 22These Return Metrics Don't Make Rackspace Technology (NASDAQ:RXT) Look Too Strong
Jul 05Returns At Rackspace Technology (NASDAQ:RXT) Appear To Be Weighed Down
Feb 28Rackspace Technology (NASDAQ:RXT) Is Looking To Continue Growing Its Returns On Capital
Oct 19Rackspace's Cloud Transformation Is Promising But The Risks Are High
Oct 07Rackspace Technology names finance chief as CEO
Sep 26Rackspace Technology Non-GAAP EPS of $0.17 beats by $0.01, revenue of $772M misses by $12.72M
Aug 09Rackspace Technology (NASDAQ:RXT) Might Have The Makings Of A Multi-Bagger
Jul 07Rackspace Technology: Deep In Busted IPO Territory
Jun 03Estimating The Fair Value Of Rackspace Technology, Inc. (NASDAQ:RXT)
Apr 03Rackspace Technology (NASDAQ:RXT) Is Looking To Continue Growing Its Returns On Capital
Mar 16Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 2,910 | -246 | N/A | N/A | 1 |
| 12/31/2025 | 2,745 | -256 | 18 | 98 | 5 |
| 12/31/2024 | 2,714 | -729 | -126 | -23 | 5 |
| 3/31/2024 | 2,889 | -866 | 174 | 287 | N/A |
| 12/31/2023 | 2,957 | -838 | 278 | 375 | N/A |
| 9/30/2023 | 3,024 | -1,080 | 252 | 330 | N/A |
| 6/30/2023 | 3,080 | -1,365 | 65 | 134 | N/A |
| 3/31/2023 | 3,106 | -1,378 | 107 | 180 | N/A |
| 12/31/2022 | 3,122 | -805 | 166 | 247 | N/A |
| 9/30/2022 | 3,113 | -674 | 192 | 279 | N/A |
| 6/30/2022 | 3,088 | -197 | 222 | 310 | N/A |
| 3/31/2022 | 3,059 | -193 | 241 | 332 | N/A |
| 12/31/2021 | 3,010 | -218 | 262 | 371 | N/A |
| 9/30/2021 | 2,948 | -199 | 189 | 295 | N/A |
| 6/30/2021 | 2,868 | -266 | 111 | 227 | N/A |
| 3/31/2021 | 2,780 | -262 | 76 | 195 | N/A |
| 12/31/2020 | 2,707 | -246 | 0 | 117 | N/A |
| 9/30/2020 | 2,618 | -229 | 92 | 234 | N/A |
| 6/30/2020 | 2,538 | -188 | 129 | 279 | N/A |
| 3/31/2020 | 2,484 | -93 | 123 | 295 | N/A |
| 12/31/2019 | 2,438 | -102 | 95 | 293 | N/A |
| 12/31/2018 | 2,453 | -471 | 136 | 430 | N/A |
| 12/31/2017 | 2,145 | -60 | N/A | 292 | N/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 is expected to decline over the next 3 years (-1.1% per year).
High Growth Revenue: RXT's revenue is forecast to decline over the next 3 years (-1.1% 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