Companies /Technology

Rackspace Technology Inc

NASDAQ: RXT Software - Infrastructure
$3.38
▼ $0.25 (−6.93%) today
Markets open · 11:28am ET

24/7 Wall St. View

RXT at a Glance

Valuation
Market cap
$925.2M
Profitability
Revenue (TTM)
$2.7B
Profit margin
-5.9%
EPS (TTM)
$-0.65
Price
52-week range
$0 – $9
Street target
$4.77
Earnings
Next report
Nov 5, 2026
Q2 2026 EPS
$-0.08
vs. $-0.09 est.
+11.2%

Headquartered in San Antonio, TX Fiscal year ends December NASDAQ: RXT rackspace.com

About Rackspace Technology

Rackspace Technology is a global enterprise AI infrastructure and solutions provider operating across Public Cloud and Private Cloud segments. The company positions itself as an operator of the full enterprise AI stack, from governed private cloud to AI inference and agents in production, using an Outcomes-as-a-Service model built on secure infrastructure, data foundations, and forward-deployed engineering. Rackspace serves regulated and mission-critical industries where governance, data sovereignty, and uptime are essential requirements. Its Public Cloud segment provides managed services and solutions on major hyperscaler platforms, while its Private Cloud segment offers dedicated hosting and managed infrastructure services. The company trades on Nasdaq under the ticker RXT. Updated

Revenue by Segment · Q2 2026
  1. Public Cloud61%
  2. Private Cloud39%

RXT Coverage

12:22pm ET
Investing

Rackspace Tumbles as Business Improves, but Is It a Buy Yet?

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…

RXT
Rich Duprey

Frequently Asked Questions

What does Rackspace Technology do?

Rackspace Technology is a global enterprise AI infrastructure and solutions provider operating across Public Cloud and Private Cloud segments.

What is the RXT stock price target?

The Wall Street consensus 12-month price target for RXT is $4.77.