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Rackspace Technology (RXT) Stock

Profile

Sector:

Technology

Country:

United States

IPO:

05 August 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

$2.56

Annual Revenue

$2.96 B(-5.29% YoY)

Annual EPS

-$3.89(-2.10% YoY)

Annual ROE

-352.76%

Beta

2.92

Events Calendar

Earnings

Next earnings date:

Mar 12, 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:

July 20, 2020

Analyst ratings

Recent major analysts updates

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

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Institutional Ownership

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.com20 November 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.com14 November 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.com14 November 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.com12 November 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.com12 November 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.com05 November 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.com17 September 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

Rackspace Technology Helps TrueData Achieve Cloud Cost Reduction on AWS
Rackspace Technology Helps TrueData Achieve Cloud Cost Reduction on AWS
Rackspace Technology Helps TrueData Achieve Cloud Cost Reduction on AWS
RXT
globenewswire.com14 August 2024

Rackspace achieves strategic cost-savings for TrueData, resulting in improved business outcomes Rackspace achieves strategic cost-savings for TrueData, resulting in improved business outcomes

Rackspace (RXT) Reports Q2 Loss, Tops Revenue Estimates
Rackspace (RXT) Reports Q2 Loss, Tops Revenue Estimates
Rackspace (RXT) Reports Q2 Loss, Tops Revenue Estimates
RXT
zacks.com08 August 2024

Rackspace (RXT) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.06 per share a year ago.

Rackspace Technology to Announce Second Quarter 2024 Earnings August 8, 2024
Rackspace Technology to Announce Second Quarter 2024 Earnings August 8, 2024
Rackspace Technology to Announce Second Quarter 2024 Earnings August 8, 2024
RXT
globenewswire.com22 July 2024

SAN ANTONIO, July 22, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology ®  (NASDAQ: RXT)— the leading end-to-end, hybrid multicloud, and AI solutions company, today announced that it will release its second quarter 2024 financial results after the market closes on Thursday, August 8, 2024. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (August 8, 2024) at 5:00 PM EDT to discuss the Company's financial results.

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FAQ

  • What is the primary business of Rackspace Technology?
  • 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 primary business of Rackspace Technology?

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.

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 05 August 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 12 November 2024

When does Rackspace Technology report earnings?

The next expected earnings date for Rackspace Technology is 12 March 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