Symbols / RXT Stock $4.69 -14.71% Rackspace Technology, Inc.

Technology • Software - Infrastructure • United States • NMS
RXT (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Software - Infrastructure
CEO Mr. Gajen Kandiah
Exch · Country NMS · United States
Market Cap 1.17B
Enterprise Value 4.30B
Income -146.00M
Sales 2.70B
FCF (ttm) 235.65M
Book/sh -4.97
Cash/sh 0.38
Employees 5,000
Insider 10d —
IPO Aug 05, 2020
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E 43.52
PEG 4.93
P/S 0.43
P/B -0.94
P/C —
EV/EBITDA 17.43
EV/Sales 1.59
Quick Ratio 0.46
Current Ratio 0.68
Debt/Eq —
LT Debt/Eq —
EPS (ttm) -0.61
EPS next Y 0.11
EPS Growth —
Revenue Growth 1.90%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-08-06
Earnings (prior) 2026-05-07
ROA -1.07%
ROE —
ROIC —
Gross Margin 18.85%
Oper. Margin -1.06%
Profit Margin -5.41%
Shs Outstand 249.22M
Shs Float 111.13M
Insider Own 3.04%
Instit Own 75.14%
Short Float 20.76%
Short Ratio 3.89
Short Interest 23.86M
52W High 6.00
vs 52W High -21.83%
52W Low 0.39
vs 52W Low 1,093.38%
Beta 2.24
Impl. Vol. 6.25%
Rel Volume 1.78
Avg Volume 33.96M
Volume 60.32M
Target (mean) $2.17
Tgt Median $2.00
Tgt Low $2.00
Tgt High $2.50
# Analysts 3
Recom Hold
Prev Close $5.50
Price $4.69
Change -14.71%
About

Rackspace Technology, Inc. operates as a hybrid cloud and artificial intelligence solutions company in the United States, the United Kingdom, and internationally. It operates through two segments, Public Cloud and Private Cloud. The company offers programmatic infrastructure, including hardware and services for datacenter compute, network, storage, and data protection; cloud operating systems; platform-as-a-service; private cloud solutions; and private cloud services, such as managed, professional, elastic engineering, and security services, as well as an email platform for customers and carriers. It also provides a cloud platform that offers platform-related services, including cloud strategy and architecture, platform and infrastructure migrations, and modern cloud infrastructure; cloud apps that build and manage applications within a cloud technology stack; and cloud data, which helps accelerate the adoption of modern data solutions enabling business transformation. In addition, the company offers cloud security that provides security solutions in security threat assessment and prevention; proactive threat detection and response; rapid remediation; governance, risk, and compliance assistance across multiple cloud platforms; and privacy and data protection services, including detailed access restrictions and reporting. Further, it provides Rackspace AI, a portfolio of AI services and solutions to help organizations scale AI, as well as multi-cloud strategy, data and application modernization, cloud adoption, cloud-native enablement, SaaS lifecycle management, and data management services. The company serves the financial services, government, healthcare, manufacturing, non-profit, education, SaaS and ISV, consumer goods, oil and gas, and other industries. The company was formerly known as Rackspace Corp. and changed its name to Rackspace Technology, Inc. in June 2020. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$2.17
Mean price target
2. Current target
$4.69
Latest analyst target
3. DCF / Fair value
$17.02
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.69
Low
$2.00
High
$2.50
Mean
$2.17

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-27 main RBC Capital Sector Perform → Sector Perform $3
2025-11-10 main RBC Capital Sector Perform → Sector Perform $2
2025-08-12 main BMO Capital Market Perform → Market Perform $1
2025-06-02 down Raymond James Outperform → Market Perform —
2025-05-12 main RBC Capital Sector Perform → Sector Perform $2
2025-05-09 main UBS Neutral → Neutral $2
2025-04-25 main Barclays Underweight → Underweight $1
2024-11-18 main Barclays Underweight → Underweight $2
2024-08-16 main UBS Neutral → Neutral $2
2024-03-13 main Raymond James Outperform → Outperform $3
2024-03-13 reit RBC Capital Sector Perform → Sector Perform $3
2024-03-13 main BMO Capital Market Perform → Market Perform $3
2024-03-13 main Evercore ISI Group In-Line → In-Line $2
2023-11-20 main Citigroup Sell → Sell $1
2023-11-07 init UBS — → Neutral $1
2023-10-23 main Barclays Underweight → Underweight $1
2023-09-19 up Raymond James Market Perform → Outperform $4
2023-08-09 main BMO Capital Market Perform → Market Perform $3
2023-08-09 main Credit Suisse Outperform → Outperform $5
2023-08-07 main Credit Suisse Outperform → Outperform $4
News
RSS: Latest RXT news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-18 SINHA DHARMENDRA KUMAR Officer — 188,123 $1.81 $340,503
2026-03-18 MARINO MARK A. Chief Financial Officer — 14,058 $1.81 $25,445
2026-03-02 SINHA DHARMENDRA KUMAR Officer — 45,393 $1.81 $82,161
2026-03-02 MARINO MARK A. Chief Financial Officer — 20,183 $1.81 $36,531
2026-03-02 TEAL-GUESS KELLIE Officer — 21,266 $1.81 $38,491
2026-02-23 MARINO MARK A. Chief Financial Officer — 234,683 $1.63 $382,533
2025-12-01 SINHA DHARMENDRA KUMAR Officer — 59,322 $1.01 $59,915
2025-12-01 TEAL-GUESS KELLIE Officer — 18,301 $1.01 $18,484
2025-11-28 SINHA DHARMENDRA KUMAR Officer — 91,151 $1.04 $94,797
2025-09-15 MALETIRA AMAR Director — 1,780,619 $1.35 $2,403,836
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
2,685.70
-1.88%
2,737.10
-7.44%
2,957.10
-5.29%
3,122.30
Operating Revenue
2,685.70
-1.88%
2,737.10
-7.44%
2,957.10
-5.29%
3,122.30
Cost Of Revenue
2,179.30
-1.11%
2,203.70
-5.35%
2,328.30
+2.78%
2,265.40
Reconciled Cost Of Revenue
2,179.30
-1.11%
2,203.70
-5.35%
2,328.30
+2.78%
2,265.40
Gross Profit
506.40
-5.06%
533.40
-15.17%
628.80
-26.62%
856.90
Operating Expense
607.10
-14.20%
707.60
-7.77%
767.20
-10.30%
855.30
Selling General And Administration
607.10
-14.20%
707.60
-7.77%
767.20
-10.30%
855.30
Total Expenses
2,786.40
-4.29%
2,911.30
-5.95%
3,095.50
-0.81%
3,120.70
Operating Income
-100.70
+42.19%
-174.20
-25.87%
-138.40
-8750.00%
1.60
Total Operating Income As Reported
-100.70
+88.92%
-909.10
-1.08%
-899.40
-32.46%
-679.00
EBITDA
243.50
+157.91%
-420.50
-121.43%
-189.90
+21.43%
-241.70
Normalized EBITDA
243.20
+45.54%
167.10
-44.21%
299.50
-31.79%
439.10
Reconciled Depreciation
362.60
-0.11%
363.00
-18.04%
442.90
-1.03%
447.50
EBIT
-119.10
+84.80%
-783.50
-23.81%
-632.80
+8.18%
-689.20
Total Unusual Items
0.30
+100.05%
-587.60
-20.07%
-489.40
+28.11%
-680.80
Total Unusual Items Excluding Goodwill
0.30
+100.05%
-587.60
-20.07%
-489.40
+28.11%
-680.80
Special Income Charges
0.00
+100.00%
-587.70
-20.01%
-489.70
+28.05%
-680.60
Other Special Charges
—
-147.20
+45.74%
-271.30
—
Impairment Of Capital Assets
0.00
-100.00%
734.90
-3.43%
761.00
+11.81%
680.60
Write Off
—
—
52.20
-64.27%
146.10
Net Income
-225.80
+73.69%
-858.20
-2.43%
-837.80
-4.10%
-804.80
Pretax Income
-201.80
+77.11%
-881.50
-3.17%
-854.40
+4.82%
-897.70
Net Non Operating Interest Income Expense
-82.70
+15.61%
-98.00
+55.78%
-221.60
-6.28%
-208.50
Interest Expense Non Operating
82.70
-15.61%
98.00
-55.78%
221.60
+6.28%
208.50
Net Interest Income
-82.70
+15.61%
-98.00
+55.78%
-221.60
-6.28%
-208.50
Interest Expense
82.70
-15.61%
98.00
-55.78%
221.60
+6.28%
208.50
Other Income Expense
-18.40
+96.98%
-609.30
-23.24%
-494.40
+28.43%
-690.80
Other Non Operating Income Expenses
-18.70
+13.82%
-21.70
-334.00%
-5.00
+50.00%
-10.00
Gain On Sale Of Security
0.30
+200.00%
0.10
-66.67%
0.30
+250.00%
-0.20
Gain On Sale Of Business
—
—
—
—
Tax Provision
24.00
+203.00%
-23.30
-40.36%
-16.60
+82.13%
-92.90
Tax Rate For Calcs
0.00
+707.69%
0.00
+36.84%
0.00
-81.55%
0.00
Tax Effect Of Unusual Items
0.06
+100.41%
-15.28
-64.30%
-9.30
+86.74%
-70.12
Net Income Including Noncontrolling Interests
-225.80
+73.69%
-858.20
-2.43%
-837.80
-4.10%
-804.80
Net Income From Continuing Operation Net Minority Interest
-225.80
+73.69%
-858.20
-2.43%
-837.80
-4.10%
-804.80
Net Income From Continuing And Discontinued Operation
-225.80
+73.69%
-858.20
-2.43%
-837.80
-4.10%
-804.80
Net Income Continuous Operations
-225.80
+73.69%
-858.20
-2.43%
-837.80
-4.10%
-804.80
Normalized Income
-226.04
+20.93%
-285.88
+20.08%
-357.70
-84.26%
-194.12
Net Income Common Stockholders
-225.80
+73.69%
-858.20
-2.43%
-837.80
-4.10%
-804.80
Diluted EPS
-0.95
+75.26%
-3.84
+1.29%
-3.89
-2.10%
-3.81
Basic EPS
-0.95
+75.26%
-3.84
+1.29%
-3.89
-2.10%
-3.81
Basic Average Shares
238.70
+6.18%
224.80
+4.41%
215.30
+1.94%
211.20
Diluted Average Shares
238.70
+6.18%
224.80
+4.41%
215.30
+1.94%
211.20
Diluted NI Availto Com Stockholders
-225.80
+73.69%
-858.20
-2.43%
-837.80
-4.10%
-804.80
Gain On Sale Of PPE
—
—
0.00
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31
Total Assets
2,799.80
-8.33%
3,054.10
-25.44%
4,096.20
Current Assets
517.80
-16.32%
618.80
-16.16%
738.10
Cash Cash Equivalents And Short Term Investments
105.80
-26.53%
144.00
-26.83%
196.80
Cash And Cash Equivalents
105.80
-26.53%
144.00
-26.83%
196.80
Receivables
266.50
-10.81%
298.80
-12.04%
339.70
Accounts Receivable
266.50
-10.81%
298.80
-12.04%
339.70
Gross Accounts Receivable
278.70
-14.46%
325.80
-9.45%
359.80
Allowance For Doubtful Accounts Receivable
-12.20
+54.81%
-27.00
-34.33%
-20.10
Prepaid Assets
84.40
-0.59%
84.90
-2.86%
87.40
Other Current Assets
61.10
-32.93%
91.10
-20.23%
114.20
Total Non Current Assets
2,282.00
-6.29%
2,435.30
-27.48%
3,358.10
Net PPE
740.90
+0.72%
735.60
+0.07%
735.10
Gross PPE
2,118.60
-1.75%
2,156.30
-0.96%
2,177.20
Accumulated Depreciation
-1,377.70
+3.03%
-1,420.70
+1.48%
-1,442.10
Properties
0.00
0.00
0.00
Land And Improvements
—
—
—
Buildings And Improvements
416.60
+1.68%
409.70
-0.51%
411.80
Machinery Furniture Equipment
1,550.40
-3.17%
1,601.20
-1.29%
1,622.20
Construction In Progress
7.00
-35.19%
10.80
-36.09%
16.90
Other Properties
144.60
+7.43%
134.60
+6.57%
126.30
Goodwill And Other Intangible Assets
1,438.40
-8.99%
1,580.40
-36.05%
2,471.40
Goodwill
740.10
+0.60%
735.70
-49.35%
1,452.40
Other Intangible Assets
698.30
-17.33%
844.70
-17.11%
1,019.00
Other Non Current Assets
102.70
-13.91%
119.30
-21.31%
151.60
Total Liabilities Net Minority Interest
4,019.30
-0.96%
4,058.30
-4.53%
4,250.70
Current Liabilities
766.70
+0.01%
766.60
-4.12%
799.50
Payables And Accrued Expenses
419.30
+5.62%
397.00
-12.40%
453.20
Payables
413.90
+6.24%
389.60
-9.96%
432.70
Accounts Payable
413.90
+6.24%
389.60
-9.96%
432.70
Current Accrued Expenses
5.40
-27.03%
7.40
-63.90%
20.50
Pensionand Other Post Retirement Benefit Plans Current
85.40
-11.69%
96.70
+33.93%
72.20
Current Debt And Capital Lease Obligation
144.00
-6.86%
154.60
-2.64%
158.80
Current Debt
27.30
-6.51%
29.20
+26.96%
23.00
Other Current Borrowings
27.30
-6.51%
29.20
+26.96%
23.00
Current Capital Lease Obligation
116.70
-6.94%
125.40
-7.66%
135.80
Current Deferred Liabilities
94.60
+12.35%
84.20
+6.85%
78.80
Current Deferred Revenue
94.60
+12.35%
84.20
+6.85%
78.80
Other Current Liabilities
23.40
-31.38%
34.10
-6.58%
36.50
Total Non Current Liabilities Net Minority Interest
3,252.60
-1.19%
3,291.70
-4.62%
3,451.20
Long Term Debt And Capital Lease Obligation
3,100.60
-0.85%
3,127.30
-2.95%
3,222.20
Long Term Debt
2,718.70
-1.37%
2,756.40
-2.93%
2,839.60
Long Term Capital Lease Obligation
381.90
+2.97%
370.90
-3.06%
382.60
Non Current Deferred Liabilities
34.70
+14.90%
30.20
-61.87%
79.20
Non Current Deferred Taxes Liabilities
34.70
+14.90%
30.20
-61.87%
79.20
Other Non Current Liabilities
117.30
-12.59%
134.20
-10.41%
149.80
Stockholders Equity
-1,219.50
-21.44%
-1,004.20
-549.97%
-154.50
Common Stock Equity
-1,219.50
-21.44%
-1,004.20
-549.97%
-154.50
Capital Stock
2.50
+8.70%
2.30
+4.55%
2.20
Common Stock
2.50
+8.70%
2.30
+4.55%
2.20
Preferred Stock
0.00
0.00
0.00
Share Issued
248.40
+6.98%
232.20
+5.31%
220.50
Ordinary Shares Number
245.30
+7.07%
229.10
+5.38%
217.40
Treasury Shares Number
3.10
+0.00%
3.10
+0.00%
3.10
Additional Paid In Capital
2,709.70
+1.00%
2,682.80
+1.69%
2,638.20
Retained Earnings
-3,908.20
-6.13%
-3,682.40
-30.39%
-2,824.20
Gains Losses Not Affecting Retained Earnings
7.50
-68.88%
24.10
-60.03%
60.30
Treasury Stock
31.00
+0.00%
31.00
+0.00%
31.00
Other Equity Adjustments
7.50
-68.88%
24.10
-60.03%
60.30
Total Equity Gross Minority Interest
-1,219.50
-21.44%
-1,004.20
-549.97%
-154.50
Total Capitalization
1,499.20
-14.44%
1,752.20
-34.74%
2,685.10
Working Capital
-248.90
-68.40%
-147.80
-140.72%
-61.40
Invested Capital
1,526.50
-14.31%
1,781.40
-34.22%
2,708.10
Total Debt
3,244.60
-1.14%
3,281.90
-2.93%
3,381.00
Net Debt
2,640.20
-0.05%
2,641.60
-0.91%
2,665.80
Capital Lease Obligations
498.60
+0.46%
496.30
-4.26%
518.40
Net Tangible Assets
-2,657.90
-2.84%
-2,584.60
+1.57%
-2,625.90
Tangible Book Value
-2,657.90
-2.84%
-2,584.60
+1.57%
-2,625.90
Interest Payable
5.40
-27.03%
7.40
-63.90%
20.50
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
151.40
+279.45%
39.90
-89.36%
374.90
+51.97%
246.70
Cash Flow From Continuing Operating Activities
151.40
+279.45%
39.90
-89.36%
374.90
+52.03%
246.60
Net Income From Continuing Operations
-225.80
+73.69%
-858.20
-2.43%
-837.80
-4.10%
-804.80
Depreciation Amortization Depletion
362.60
-0.11%
363.00
-18.04%
442.90
-1.03%
447.50
Depreciation
215.70
+3.26%
208.90
-25.90%
281.90
+0.43%
280.70
Amortization Cash Flow
146.90
-4.67%
154.10
-4.29%
161.00
-3.48%
166.80
Depreciation And Amortization
362.60
-0.11%
363.00
-18.04%
442.90
-1.03%
447.50
Amortization Of Intangibles
146.90
-4.67%
154.10
-4.29%
161.00
-3.48%
166.80
Other Non Cash Items
4.00
+111.11%
-36.00
-533.73%
8.30
-25.23%
11.10
Stock Based Compensation
45.10
-28.86%
63.40
-3.06%
65.40
-5.90%
69.50
Provisionand Write Offof Assets
6.10
-68.72%
19.50
+116.67%
9.00
-27.42%
12.40
Asset Impairment Charge
0.00
-100.00%
734.90
-3.43%
761.00
+11.81%
680.60
Deferred Tax
23.70
+167.71%
-35.00
+16.47%
-41.90
+61.49%
-108.80
Deferred Income Tax
23.70
+167.71%
-35.00
+16.47%
-41.90
+61.49%
-108.80
Operating Gains Losses
-2.40
+98.39%
-149.50
+41.85%
-257.10
-1474.87%
18.70
Gain Loss On Investment Securities
-2.40
-4.35%
-2.30
-116.20%
14.20
-24.06%
18.70
Gain Loss On Sale Of PPE
—
—
0.00
0.00
Change In Working Capital
-61.90
+0.48%
-62.20
-127.63%
225.10
+383.14%
-79.50
Change In Receivables
27.60
+34.63%
20.50
-92.55%
275.10
+433.86%
-82.40
Changes In Account Receivables
27.60
+34.63%
20.50
-92.55%
275.10
+433.86%
-82.40
Change In Prepaid Assets
-2.80
-126.67%
10.50
-57.32%
24.60
+446.48%
-7.10
Change In Payables And Accrued Expense
-26.40
-18.92%
-22.20
+49.77%
-44.20
-163.32%
69.80
Change In Payable
-26.40
-18.92%
-22.20
+49.77%
-44.20
-163.32%
69.80
Change In Account Payable
-26.40
-18.92%
-22.20
+49.77%
-44.20
-163.32%
69.80
Change In Other Working Capital
8.50
-27.97%
11.80
-66.48%
35.20
+517.54%
5.70
Change In Other Current Liabilities
-68.80
+16.91%
-82.80
-26.22%
-65.60
-0.15%
-65.50
Investing Cash Flow
-58.40
+32.56%
-86.60
+9.79%
-96.00
+1.94%
-97.90
Cash Flow From Continuing Investing Activities
-58.40
+32.56%
-86.60
+9.79%
-96.00
+1.94%
-97.90
Net PPE Purchase And Sale
-60.80
+45.27%
-111.10
-14.65%
-96.90
-20.52%
-80.40
Purchase Of PPE
-60.80
+45.27%
-111.10
-14.65%
-96.90
-20.52%
-80.40
Sale Of PPE
—
—
0.00
0.00
Capital Expenditure
-60.80
+45.27%
-111.10
-14.65%
-96.90
-20.52%
-80.40
Net Investment Purchase And Sale
—
0.00
0.00
+100.00%
-15.00
Purchase Of Investment
—
0.00
0.00
+100.00%
-15.00
Sale Of Investment
—
—
—
0.00
Net Business Purchase And Sale
0.00
-100.00%
16.90
0.00
+100.00%
-7.70
Purchase Of Business
—
0.00
0.00
+100.00%
-7.70
Gain Loss On Sale Of Business
—
—
—
—
Net Other Investing Changes
2.40
-68.42%
7.60
+744.44%
0.90
-82.69%
5.20
Financing Cash Flow
-134.60
-4386.67%
-3.00
+99.04%
-312.80
-67.27%
-187.00
Cash Flow From Continuing Financing Activities
-134.60
-4386.67%
-3.00
+99.04%
-312.80
-67.27%
-187.00
Net Issuance Payments Of Debt
-99.80
-281.13%
55.10
+120.29%
-271.60
-201.11%
-90.20
Issuance Of Debt
155.00
-43.64%
275.00
+450.00%
50.00
0.00
Repayment Of Debt
-254.80
-15.87%
-219.90
+31.62%
-321.60
-256.54%
-90.20
Long Term Debt Issuance
155.00
-43.64%
275.00
+450.00%
50.00
0.00
Long Term Debt Payments
-254.80
-15.87%
-219.90
+31.62%
-321.60
-256.54%
-90.20
Net Long Term Debt Issuance
-99.80
-281.13%
55.10
+120.29%
-271.60
-201.11%
-90.20
Net Common Stock Issuance
-2.00
+53.49%
-4.30
-330.00%
-1.00
+96.77%
-31.00
Common Stock Payments
-2.00
+53.49%
-4.30
-330.00%
-1.00
+96.77%
-31.00
Repurchase Of Capital Stock
-2.00
+53.49%
-4.30
-330.00%
-1.00
+96.77%
-31.00
Proceeds From Stock Option Exercised
0.50
-44.44%
0.90
-30.77%
1.30
-64.86%
3.70
Net Other Financing Charges
-33.30
+39.12%
-54.70
-31.81%
-41.50
+40.29%
-69.50
Changes In Cash
-41.60
+16.30%
-49.70
-46.61%
-33.90
+11.26%
-38.20
Effect Of Exchange Rate Changes
2.60
+186.67%
-3.00
-236.36%
2.20
+137.93%
-5.80
Beginning Cash Position
147.00
-26.39%
199.70
-13.70%
231.40
-15.98%
275.40
End Cash Position
108.00
-26.53%
147.00
-26.39%
199.70
-13.70%
231.40
Free Cash Flow
90.60
+227.25%
-71.20
-125.61%
278.00
+67.17%
166.30
Interest Paid Supplemental Data
82.80
-20.08%
103.60
-51.57%
213.90
+20.24%
177.90
Income Tax Paid Supplemental Data
8.30
-23.15%
10.80
-9.24%
11.90
+13.33%
10.50
Common Stock Issuance
—
—
—
0.00
Issuance Of Capital Stock
—
—
—
0.00
Sale Of Business
0.00
-100.00%
16.90
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category