RXT Stock Overview
Operates as a multi cloud technology services company in the Americas, Europe, the Middle East, Africa, and The Asia-Pacific region. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Rackspace Technology, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.55 |
| 52 Week High | US$3.41 |
| 52 Week Low | US$1.51 |
| Beta | 2.13 |
| 1 Month Change | -34.60% |
| 3 Month Change | -31.11% |
| 1 Year Change | -15.76% |
| 3 Year Change | -85.84% |
| 5 Year Change | n/a |
| Change since IPO | -90.54% |
Recent News & Updates
Private Cloud And AI Adoption Will Open Future Markets
Mar 27 Record-breaking sales bookings in private cloud and focus on high-growth sectors could lead to sustainable recurring revenue and improved profitability.Rackspace Technology, Inc.'s (NASDAQ:RXT) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Feb 07
Recent updates
Private Cloud And AI Adoption Will Open Future Markets
Mar 27 Record-breaking sales bookings in private cloud and focus on high-growth sectors could lead to sustainable recurring revenue and improved profitability.Rackspace Technology, Inc.'s (NASDAQ:RXT) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Feb 07Rackspace Technology: Too Much Risk, Too Little Reward
Jan 28Rackspace Technology, Inc.'s (NASDAQ:RXT) Share Price Is Matching Sentiment Around Its Revenues
Oct 09What Does Rackspace Technology, Inc.'s (NASDAQ:RXT) Share Price Indicate?
Apr 24Improved 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 26Shareholder Returns
| RXT | US IT | US Market | |
|---|---|---|---|
| 7D | -11.4% | -7.1% | -5.6% |
| 1Y | -15.8% | 3.5% | 3.3% |
Return vs Industry: RXT underperformed the US IT industry which returned 10.1% over the past year.
Return vs Market: RXT underperformed the US Market which returned 8.4% over the past year.
Price Volatility
| RXT volatility | |
|---|---|
| RXT Average Weekly Movement | 10.1% |
| IT Industry Average Movement | 8.8% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.4% |
Stable Share Price: RXT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: RXT's weekly volatility (10%) has been stable over the past year.
Community vs My Fair Value
Create NarrativeSelect a narrative for quick price alerts from the community, or create your own.
Private Cloud And AI Adoption Will Open Future Markets
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | 5,100 | Amar Maletira | www.rackspace.com |
Rackspace Technology, Inc. operates as a multi cloud technology services company in the Americas, Europe, the Middle East, Africa, and The Asia-Pacific region. The company operates through Public Cloud and Private Cloud segments. It offers programmatic infrastructure, hardware and services for compute, network, storage, and data protection services; cloud operating systems, operates a software defined data center; a platform-as-a-service, private cloud solutions; and private cloud services such as managed services, professional services, elastic engineering services, and security services as well as an email platform for customers and carriers.
Rackspace Technology, Inc. Fundamentals Summary
| RXT fundamental statistics | |
|---|---|
| Market cap | US$410.54m |
| Earnings (TTM) | -US$858.20m |
| Revenue (TTM) | US$2.74b |
0.1x
P/S Ratio-0.4x
P/E RatioIs RXT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RXT income statement (TTM) | |
|---|---|
| Revenue | US$2.74b |
| Cost of Revenue | US$2.18b |
| Gross Profit | US$555.00m |
| Other Expenses | US$1.41b |
| Earnings | -US$858.20m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -3.62 |
| Gross Margin | 20.28% |
| Net Profit Margin | -31.35% |
| Debt/Equity Ratio | -285.0% |
How did RXT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/03 06:55 |
| End of Day Share Price | 2025/04/03 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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.
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 Github.
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.
| Analyst | Institution |
|---|---|
| Ramsey El-Assal | Barclays |
| Keith Bachman | BMO Capital Markets Equity Research |
| Ashwin Shirvaikar | Citigroup Inc |