RXT icon

Rackspace Technology

1.27 USD
-0.05
3.79%
At close Apr 21, 4:00 PM EDT
After hours
1.34
+0.07
5.51%
1 day
-3.79%
5 days
-8.63%
1 month
-32.09%
3 months
-48.16%
6 months
-50.00%
Year to date
-42.01%
1 year
-23.03%
5 years
-92.25%
10 years
-92.25%
 

About: Rackspace Technology Inc is an end-to-end, hybrid, multi cloud technology services company. It designs, builds and operates its customers' cloud environments across all technology platforms, irrespective of technology stack or deployment model. The company's solutions include Application Services; Data; Colocation; Cloud; Managed Hosting; Professional Services; and Security & Compliance. It operates in segments namely, Private Cloud, and Public Cloud. It generates revenue through the sale of consumption-based contracts for its service offerings and from the sale of professional services related to designing and building custom solutions.

Employees: 5,100

0
Funds holding %
of 7,419 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

315% more call options, than puts

Call options by funds: $477K | Put options by funds: $115K

54% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 24

47% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 17

5% more funds holding

Funds holding: 95 [Q3] → 100 (+5) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

0.45% less ownership

Funds ownership: 74.49% [Q3] → 74.04% (-0.45%) [Q4]

10% less capital invested

Capital invested by funds: $413M [Q3] → $373M (-$39.9M) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for RXT.

Financial journalist opinion

Based on 3 articles about RXT published over the past 30 days

Neutral
GlobeNewsWire
6 days ago
Rackspace Technology to Announce First Quarter 2025 Earnings on May 8, 2025
SAN ANTONIO, April 15, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced that it will release its first quarter 2025 financial results after the market closes on Thursday, May 8, 2025. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (May 8, 2025) at 5:00 PM ET to discuss the Company's financial results.
Rackspace Technology to Announce First Quarter 2025 Earnings on May 8, 2025
Neutral
GlobeNewsWire
1 week ago
Rackspace Technology Receives Bronze Award from UK Armed Forces Covenant, Demonstrating Commitment to Veterans and the UK Public Sector
Rackspace receives award for supporting those who serve or have served in the Armed Forces and their families Rackspace receives award for supporting those who serve or have served in the Armed Forces and their families
Rackspace Technology Receives Bronze Award from UK Armed Forces Covenant, Demonstrating Commitment to Veterans and the UK Public Sector
Neutral
GlobeNewsWire
3 weeks ago
Rackspace Technology Announces Rackspace AI Business, A Comprehensive AI-Ready Platform Engineered to Optimize Enterprise AI Workloads
Fully managed private AI solution combines cutting-edge AI capabilities with enterprise-grade security and privacy protections Fully managed private AI solution combines cutting-edge AI capabilities with enterprise-grade security and privacy protections
Rackspace Technology Announces Rackspace AI Business, A Comprehensive AI-Ready Platform Engineered to Optimize Enterprise AI Workloads
Positive
Benzinga
1 month ago
10 Great Stocks This "Turnaround Master" Is Buying
One of the greatest truths in investing is that the best deals are often found in chaos. When the market panics, the savvy investor sharpens their knife.
10 Great Stocks This "Turnaround Master" Is Buying
Neutral
GlobeNewsWire
1 month ago
Rackspace Technology Powers Expansion and Application First Customer Engagement with Hybrid Cloud for Domino's Pizza UK & Ireland
Domino's uses hybrid cloud to expand its store network, scale operations during peak demand, and deliver a majority of its orders through digital channels Domino's uses hybrid cloud to expand its store network, scale operations during peak demand, and deliver a majority of its orders through digital channels
Rackspace Technology Powers Expansion and Application First Customer Engagement with Hybrid Cloud for Domino's Pizza UK & Ireland
Neutral
Seeking Alpha
1 month ago
Rackspace Technology, Inc. (RXT) Q4 2024 Earnings Call Transcript
Rackspace Technology, Inc. (NASDAQ:RXT ) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET Company Participants Sagar Hebbar - Head of Investor Relations Amar Maletira - Chief Executive Officer Mark Marino - Chief Financial Officer Conference Call Participants Kevin McVeigh - UBS Frank Louthan - Raymond James and Associates Irwin Liu - Evercore ISI Operator Good day, and thank you for standing by. Welcome to the Rackspace Fourth Quarter 2024 Earnings Webcast.
Rackspace Technology, Inc. (RXT) Q4 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Rackspace (RXT) Reports Q4 Loss, Tops Revenue Estimates
Rackspace (RXT) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.03 per share a year ago.
Rackspace (RXT) Reports Q4 Loss, Tops Revenue Estimates
Neutral
GlobeNewsWire
1 month ago
Rackspace Technology Reports Fourth Quarter and Full Year 2024 Results
SAN ANTONIO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid cloud and AI solutions company, today announced results for its fourth quarter and year ended December 31, 2024.
Rackspace Technology Reports Fourth Quarter and Full Year 2024 Results
Neutral
GlobeNewsWire
1 month ago
Seattle Children's Signs a Transformative Multi-Year Managed Cloud Agreement with Rackspace Technology
Rackspace's data center transformation program supports Seattle Children's focus on innovation and enhancing patient care Rackspace's data center transformation program supports Seattle Children's focus on innovation and enhancing patient care
Seattle Children's Signs a Transformative Multi-Year Managed Cloud Agreement with Rackspace Technology
Negative
Zacks Investment Research
2 months ago
RXT to Report Q4 Earnings: What's in the Offing for the Stock?
Decline across segments is anticipated to have resulted in a fall in Rackspace Technology's top line in the fourth quarter of 2024.
RXT to Report Q4 Earnings: What's in the Offing for the Stock?
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