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Rackspace Technology (RXT) Company Overview

Profile

Full Name:

Rackspace Technology, Inc.

Sector:

Technology

Country:

United States

IPO:

August 5, 2020

Indexes:

Not included

Description:

Rackspace Technology (RXT) is a cloud services provider that helps businesses manage their cloud environments. They offer solutions for cloud migration, management, and optimization, ensuring companies can effectively use cloud technology to improve performance and reduce costs. RXT focuses on delivering tailored support and expertise to its clients.

Key Details

Price

$2.92

Annual Revenue

$2.96 B(-5.29% YoY)

Annual EPS

-$3.89(-2.10% YoY)

Annual ROE

-352.76%

Beta

2.51

Events Calendar

Earnings

Next earnings date:

Feb 20, 2025

Recent quarterly earnings:

Nov 12, 2024

Recent annual earnings:

Mar 12, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Jul 20, 2020

Analyst ratings

Recent major analysts updates

Nov 18, 24 Barclays
Underweight
Aug 16, 24 UBS
Neutral
Mar 13, 24 Raymond James
Outperform
Mar 13, 24 RBC Capital
Sector Perform
Mar 13, 24 Evercore ISI Group
In-Line
Mar 13, 24 BMO Capital
Market Perform
Nov 20, 23 Citigroup
Sell
Nov 7, 23 UBS
Neutral
Oct 23, 23 Barclays
Underweight
Sep 19, 23 Raymond James
Outperform

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Rackspace Technology to Announce Fourth Quarter 2024 Earnings on February 20, 2025
Rackspace Technology to Announce Fourth Quarter 2024 Earnings on February 20, 2025
Rackspace Technology to Announce Fourth Quarter 2024 Earnings on February 20, 2025
RXT
globenewswire.comJanuary 22, 2025

SAN ANTONIO, Texas, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology®  (NASDAQ: RXT) a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced that it will release its fourth quarter 2024 financial results after the market closes on Thursday, February 20, 2025. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (February 20, 2025) at 5:00 PM ET to discuss the Company's financial results.

Rackspace Technology Signs UK Armed Forces Covenant, Reinforcing Commitment to Veterans and the UK Public Sector
Rackspace Technology Signs UK Armed Forces Covenant, Reinforcing Commitment to Veterans and the UK Public Sector
Rackspace Technology Signs UK Armed Forces Covenant, Reinforcing Commitment to Veterans and the UK Public Sector
RXT
globenewswire.comDecember 19, 2024

Pledge highlights Rackspace dedication to supporting those who serve or have served in the Armed Forces, and their families Pledge highlights Rackspace dedication to supporting those who serve or have served in the Armed Forces, and their families

Rackspace (RXT) Is Attractively Priced Despite Fast-paced Momentum
Rackspace (RXT) Is Attractively Priced Despite Fast-paced Momentum
Rackspace (RXT) Is Attractively Priced Despite Fast-paced Momentum
RXT
zacks.comDecember 3, 2024

Rackspace (RXT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Rackspace Technology Launches Adaptive Cloud Manager to Support Rapid Growth of Hybrid Cloud Deployments
Rackspace Technology Launches Adaptive Cloud Manager to Support Rapid Growth of Hybrid Cloud Deployments
Rackspace Technology Launches Adaptive Cloud Manager to Support Rapid Growth of Hybrid Cloud Deployments
RXT
globenewswire.comNovember 20, 2024

New offering integrates hybrid cloud information in a centralized location to improve observability, licensing efficiency, and security monitoring across workloads New offering integrates hybrid cloud information in a centralized location to improve observability, licensing efficiency, and security monitoring across workloads

Rackspace Technology Delivers One of the Largest Third-Party Epic Cloud Deployments for AdventHealth, Covering 53 Hospitals across Nine States
Rackspace Technology Delivers One of the Largest Third-Party Epic Cloud Deployments for AdventHealth, Covering 53 Hospitals across Nine States
Rackspace Technology Delivers One of the Largest Third-Party Epic Cloud Deployments for AdventHealth, Covering 53 Hospitals across Nine States
RXT
globenewswire.comNovember 14, 2024

Robust design and migration demonstrate Rackspace's Epic subject matter expertise, private cloud leadership, and innovation

JBi Digital chooses Rackspace Sovereign Government Cloud for its pursuit of new customers in the UK government services sector
JBi Digital chooses Rackspace Sovereign Government Cloud for its pursuit of new customers in the UK government services sector
JBi Digital chooses Rackspace Sovereign Government Cloud for its pursuit of new customers in the UK government services sector
RXT
globenewswire.comNovember 14, 2024

Leading digital transformation agency strengthens its position in the government services sector with Rackspace Sovereign Government Cloud collaboration Leading digital transformation agency strengthens its position in the government services sector with Rackspace Sovereign Government Cloud collaboration

Rackspace (RXT) Reports Q3 Loss, Tops Revenue Estimates
Rackspace (RXT) Reports Q3 Loss, Tops Revenue Estimates
Rackspace (RXT) Reports Q3 Loss, Tops Revenue Estimates
RXT
zacks.comNovember 12, 2024

Rackspace (RXT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.04 per share a year ago.

Rackspace Technology, Inc. (RXT) Q3 2024 Earnings Call Transcript
Rackspace Technology, Inc. (RXT) Q3 2024 Earnings Call Transcript
Rackspace Technology, Inc. (RXT) Q3 2024 Earnings Call Transcript
RXT
seekingalpha.comNovember 12, 2024

Rackspace Technology, Inc. (NASDAQ:RXT ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Sagar Hebbar - Head of Investor Relations Amar Maletira - President, Chief Executive Officer & Director Mark Marino - Executive Vice President & Chief Financial Officer Conference Call Participants Kevin McVeigh - UBS Operator Good day, and thank you for standing by. Welcome to the Rackspace Third Quarter 2024 Earnings Webcast.

Rackspace Technology Joins AWS Generative AI Partner Innovation Alliance
Rackspace Technology Joins AWS Generative AI Partner Innovation Alliance
Rackspace Technology Joins AWS Generative AI Partner Innovation Alliance
RXT
globenewswire.comNovember 5, 2024

SAN ANTONIO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI technology services company, announced today that it will work with Amazon Web Services (AWS), an Amazon.com, Inc. company, as part of the company's new Generative AI Partner Innovation Alliance. The Generative AI Partner Innovation Alliance will help scale and expand the reach of the AWS Generative AI Innovation Center (GenAIIC) - a program that helps AWS customers successfully build and deploy generative AI solutions.

Rackspace Technology Announces Offer to Drive Rapid Migrations to AWS
Rackspace Technology Announces Offer to Drive Rapid Migrations to AWS
Rackspace Technology Announces Offer to Drive Rapid Migrations to AWS
RXT
globenewswire.comSeptember 17, 2024

Offer includes all-encompassing services including migration planning, landing zone, migration, and Day Two Cloud Operations with 24x7x365 monitoring and incident response Offer includes all-encompassing services including migration planning, landing zone, migration, and Day Two Cloud Operations with 24x7x365 monitoring and incident response

FAQ

  • What is the ticker symbol for Rackspace Technology?
  • Does Rackspace Technology pay dividends?
  • What sector is Rackspace Technology in?
  • What industry is Rackspace Technology in?
  • What country is Rackspace Technology based in?
  • When did Rackspace Technology go public?
  • Is Rackspace Technology in the S&P 500?
  • Is Rackspace Technology in the NASDAQ 100?
  • Is Rackspace Technology in the Dow Jones?
  • When was Rackspace Technology's last earnings report?
  • When does Rackspace Technology report earnings?
  • Should I buy Rackspace Technology stock now?

What is the ticker symbol for Rackspace Technology?

The ticker symbol for Rackspace Technology is NASDAQ:RXT

Does Rackspace Technology pay dividends?

No, Rackspace Technology does not pay dividends

What sector is Rackspace Technology in?

Rackspace Technology is in the Technology sector

What industry is Rackspace Technology in?

Rackspace Technology is in the Software Infrastructure industry

What country is Rackspace Technology based in?

Rackspace Technology is headquartered in United States

When did Rackspace Technology go public?

Rackspace Technology's initial public offering (IPO) was on August 5, 2020

Is Rackspace Technology in the S&P 500?

No, Rackspace Technology is not included in the S&P 500 index

Is Rackspace Technology in the NASDAQ 100?

No, Rackspace Technology is not included in the NASDAQ 100 index

Is Rackspace Technology in the Dow Jones?

No, Rackspace Technology is not included in the Dow Jones index

When was Rackspace Technology's last earnings report?

Rackspace Technology's most recent earnings report was on Nov 12, 2024

When does Rackspace Technology report earnings?

The next expected earnings date for Rackspace Technology is Feb 20, 2025

Should I buy Rackspace Technology stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions