Headquartered in San Antonio, TX Fiscal year ends December NASDAQ: RXT rackspace.com
Rackspace Technology describes itself as an enterprise AI infrastructure and solutions provider and as the operator of the full enterprise AI stack, from governed private cloud to AI inference and agents in production. It reports two segments. Public Cloud covers managed services and solutions on hyperscale public cloud platforms. Private Cloud covers dedicated, governed infrastructure and managed hosting. Through an Outcomes-as-a-Service model built on secure infrastructure, data foundations and forward-deployed engineering, the company serves regulated and mission-critical industries where governance, data sovereignty and uptime are critical. The company is currently stepping up capital investment and using its existing data center capacity footprint to win AI-related commitments and deployments. It is highly leveraged, with roughly $2.8 billion of long-term debt and a stockholders' deficit, and has been issuing equity through an at-the-market program. Investment funds managed by affiliates of Apollo Global Management are significant stakeholders. Updated
Sellers hit a double beat and raised its full-year revenue outlook to $2.51B to $2.56B, even as the top line shrank 9.3% year over year. With the stock up roughly 143% this year, the bar on execution just moved higher.
Broadcom dominated every AI headline in 2026 while retail investors kicked themselves for missing it. But the actual dollar returns tell a story that should make those investors feel a lot better…
One brutal week and one chaotic Thursday left Rackspace investors staring at a guidance cut, a shareholder investigation, and a last-minute AI gamble with Palantir. Now the stock is bouncing hard, and…
At $7.53, Rackspace Technology (NASDAQ:RXT) is a Hold, with an aggressive Buy trigger if a macro panic drags shares back to $5.00. After a 675.57% year-to-date rip, the real question is how…
Shares of Intel (NASDAQ:INTC | INTC Price Prediction) are down 7% at midday on Tuesday, while Advanced Micro Devices (NASDAQ:AMD) stock is sliding 6%. The pullback comes after a torrid multi-session rally…
Rackspace Technology (NASDAQ:RXT) just reported its fourth-quarter results, showcasing signs of business improvement amid a challenging market. Revenue stabilized with only a slight decline, losses narrowed significantly, and key metrics beat analyst…
Rich Duprey Rackspace Technology (NASDAQ:RXT) continues to experience an extraordinary rally following the announcement of a strategic alliance with Palantir Technologies (NYSE:PLTR | PLTR Price Prediction). The stock, which was trading at a mere…
Rich Duprey Wednesday's top analyst upgrades and downgrades included Arm, Carnival, CVS Health, Deere, Dell Technologies, Intercontinental Exchange, Planet Fitness, Rackspace Technology, Royal Caribbean Cruises, SoFi Technologies, Southwest Airlines, Starbucks and Super Micro Computer.
These are five stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. While not suited for all investors, they are not penny stocks with…
These are five stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. While not suited for all investors, they are not penny stocks with…
Tuesday's additional top analyst upgrades and downgrades were on Amgen, Blackstone, Ciena, Marvell Technology, Meta Platforms, Qorvo, ServiceNow, Rackspace Technology and more.
Tuesday's additional top analyst upgrades and downgrades were on Coupang, Imperial Oil, Mastercard, Park Hotels & Resorts, Public Storage, PayPal, Rackspace, Snowflake and more.
These are five stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. While not suited for all investors, they are not penny stocks with…
Friday’s top analyst upgrades and downgrades included Analog Devices, Chevron, Fisker, Healthcare Realty Trust, Paysafe, Tempur Sealy, Upstart, Walt Disney, Welltower, Wendy's and XP.
Wednesday's additional top analyst upgrades and downgrades were on Okta, RealReal, Twilio, Vertex Energy and more.
Friday's additional top analyst upgrades and downgrades included Allogene Therapeutics, CSX, Norfolk Southern, Qualcomm, Toyota and Yelp.
Rackspace Technology describes itself as an enterprise AI infrastructure and solutions provider and as the operator of the full enterprise AI stack, from governed private cloud to AI inference and agents in production. It reports two segments.
The Wall Street consensus 12-month price target for RXT is $4.77.
