RXT - Rackspace Technology, Inc.
After hours:
Chart Events
Price Crosses Moving Average
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 1.5900 |
| Open | 1.5900 |
| Bid | 1.7400 x 2900 |
| Ask | 1.8000 x 1400 |
| Day's Range | 1.5900 - 1.7950 |
| 52 Week Range | 1.0500 - 9.0800 |
| Volume | |
| Avg. Volume | 1,798,550 |
| Market Cap | 378.541M |
| Beta (5Y Monthly) | 1.34 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -7.3800 |
| Earnings Date | Aug 07, 2023 - Aug 11, 2023 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 1.96 |
Fair Value
Related Research
GlobeNewswireRackspace Technology Wins Excellence in Server and Storage Sales, Americas Award
The award recognizes achievements in server and storage solutions for customersSAN ANTONIO, May 31, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT)— a leading end-to-end, multicloud technology solutions company, today announced that the company has received a Dell Technologies 2023 Global Partner of the Year Award for Excellence in Server and Storage Sales, Americas for achievements in exceptional server and storage solutions for our customers. “This achievement represents our 20-pl
- GlobeNewswire
Rackspace Technology Attending AWS Summit in Washington D.C.
Two-day event brings together industry leaders, experts, and practitioners to discuss the latest trends and innovations in cloud computingSAN ANTONIO, May 31, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT)— a leading end-to-end, multicloud technology solutions company, today announced it will attend the upcoming AWS Summit in Washington D.C. on June 7-8, 2023. The AWS Summit is a two-day event that brings together industry leaders, experts, and practitioners to discuss the latest t
- GlobeNewswire
Rackspace Technology Awarded a New Cloud Cooperative Services Contract by Texas Department of Information Resources
Contract provides a streamlined procurement process and accelerates the delivery of services to the State of TexasSAN ANTONIO, May 30, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions provider, today announced that it has been awarded a new Cloud Cooperative Services (DIR Contract #DIR-CPO-5186) contract with the Texas Department of Information Resources (DIR) Cooperative Contracts Program. The contract provides the State of Texas
- GlobeNewswire
Rackspace Technology Works with CCS Presentation Systems to Complete Complex Cloud Transition and Improve Security, Scalability, and Productivity for the Leading Audio-visual Integrator
CCS optimized its remote workforce and reduced its Total Cost of Ownership with a move to a cloud-native environmentSAN ANTONIO, May 23, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT)— a leading end-to-end, multicloud technology solutions company, today announced that audio-visual Integrator, CCS Presentation Systems, completed a complex cloud transition and improved security, scalability and productivity with a move to a cloud-native environment while optimizing its remote workfor
- GlobeNewswire
Rackspace Object Storage Built on DELL ECS Storage Systems Helps Organizations Securely Store and Utilize Large Pools of Unstructured Data
Introducing scalable, secure S3 unstructured data storage with all-in pricingSAN ANTONIO, May 22, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT)— a leading end-to-end, multicloud technology solutions company, today announced the release of Rackspace Object Storage service built on the Dell ECS storage systems. Global data quantity doubles every two years, making data storage, analysis, management, and security more challenging than ever. At the same time, the increasing adoption of
- GlobeNewswire
New EMEA Research by Rackspace Technology Finds Artificial Intelligence (AI) and Machine Learning (ML) Have Increased Productivity, Innovation, Intelligent Applications, and Results
93% of Education IT Managers and 97% of Research IT Managers have already introduced, or are planning to introduce, AI and ML at workLONDON, May 17, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multicloud technology solutions company, today announced that after the pandemic, the adoption of Artificial intelligence (AI) and Machine learning (ML) have increased in research and education universities. The research, How Artificial Intelligence and Machine Lear
- GlobeNewswire
Rackspace Technology CEO Amar Maletira to Speak at 20th Annual MIT Sloan CIO Symposium
Panel to discuss Digital Enterprise: Version 2030 topic on May 16, 2023SAN ANTONIO, May 15, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT)— a leading end-to end, multicloud technology solutions company, today announced that Rackspace Technology Chief Executive Officer Amar Maletira will be a featured participant on the "Digital Enterprise: Version 2030" which is part of the 20th annual MIT Sloan CIO Symposium, a world class conference which will be held May 15 - 16, 2023. To regist
Simply Wall St.Insider Purchases Worth US$546k See Losses As Rackspace Technology Market Value Drops To US$247m \
Insiders who bought US$546k worth of Rackspace Technology, Inc.'s ( NASDAQ:RXT ) stock at an average buy price of...
ZacksRackspace (RXT) Reports Q1 Loss, Tops Revenue Estimates
Rackspace (RXT) delivered earnings and revenue surprises of 33.33% and 0.14%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
Rackspace Technology Reports First Quarter 2023 Results
Revenue of $759 million in the First Quarter, down 2% Year-over-YearPublic Cloud Revenue grew 7% Year-over-Year to $445 millionPrivate Cloud Revenue was $314 million, down 12% Year-over-YearFirst Quarter 2023 Cash Flow Used in Operating Activities was $(2) million; Cash Flow From Operating Activities was $180 million on a Trailing-Twelve-Month Basis SAN ANTONIO, May 09, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end multicloud technology solutions company
- GlobeNewswire
Rackspace Technology Appoints Leading Technology Executives Betsy Atkins and Tony Scott to Board of Directors
SAN ANTONIO, May 09, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the appointment of Betsy Atkins and Tony Scott to its board of directors, effective June 16, 2023. Dhiren Fonseca, who has served on the board since 2016, will step down to focus on other commitments also effective June 16, 2023. “Betsy is a well-recognized expert on corporate governance with a wealth of executive leadership experience a
- GlobeNewswire
SustainableIT.org Announces Rackspace Technology CTO Srini Koushik as Honoree of Inaugural Impact Awards for Technology Contributions to ESG Initiatives
Nonprofit Organization Showcases Early Movers in Advancing Global Sustainability Through Technology LeadershipSAN ANTONIO, May 02, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multicloud technology solutions company, today announced SustainableIT.org, the CIO-led nonprofit organization dedicated to advancing global sustainability through technology leadership, today announced Srini Koushik, EVP & CTO of Rackspace Technology had been presented with Sustaina
- GlobeNewswire
Rackspace Technology to Announce First Quarter 2023 Earnings on Tuesday, May 9, 2023
SAN ANTONIO, April 25, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT)— a leading end-to end, multicloud technology solutions company, today announced that it will release its first quarter 2023 financial results after the market closes on Tuesday, May 9, 2023. Amar Maletira, Chief Executive Officer, and Bobby Molu, Chief Financial Officer, will host a conference call on the day of the release (May 9, 2023) at 5:00 PM ET to discuss the Company’s financial results. Interested parties
- Simply Wall St.
Rackspace Technology, Inc.'s (NASDAQ:RXT) Shares Lagging The Industry But So Is The Business
With a price-to-sales (or "P/S") ratio of 0.2x Rackspace Technology, Inc. ( NASDAQ:RXT ) may be sending bullish signals...
- GlobeNewswire
Connexion Telematics Partners with Rackspace Technology to Improve Customer Journeys
SYDNEY, Australia, April 17, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), the leading end-to-end multicloud technology solution company, today announced the results of its successful partnership with Connexion Telematics (ASX: CXZ) (“Connexion”), a world-class developer of enterprise Software as a Service solutions for the global automotive industry. Through the partnership, Rackspace Technology combined its expertise with the world’s leading technologies to provide critical sup
- GlobeNewswire
Rackspace Technology Achieves AWS Manufacturing and Industrial Competency
SAN ANTONIO, April 17, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced today that it has achieved the Amazon Web Services (AWS) Manufacturing and Industrial Competency. This designation recognizes Onica by Rackspace Technology for its expertise in providing customers professional services and software solutions for an end-to-end Industrial Manufacturing Software toolchain. As manufacturing customers move
- GlobeNewswire
Rackspace Technology Becomes First Multicloud Service Provider to Develop Partnership Agreement with HTCE’s AI Innovation Center
HTCE, deemed "the smartest square km in Europe," comprises an ecosystem of nearly 300 tech companies and is home to more than 12,500 innovators, researchers, and engineersSAN ANTONIO, April 13, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has become the first managed service provider to develop a partnership agreement with the AI Innovation Center of High Tech Campus Eindhoven (HTCE). HTCE is deemed
InvestopediaTop Tech Penny Stocks for Q2 2023
The top tech penny stocks include Rackspace Technology for best value, Grab Holdings for fastest growth, and DiDi Global for best performance.
- GlobeNewswire
Rackspace Technology Taps Kellie Teal-Guess as Chief Human Resources Officer and Michael Bross as Chief Legal Officer
SAN ANTONIO, April 10, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multi-cloud technology solutions company, today announced the appointments of Kellie Teal-Guess as Chief Human Resources Officer and Michael Bross as Chief Legal Officer. “I am happy to welcome Michael and Kellie to the Rackspace Technology executive leadership team,” said Amar Maletira, CEO of Rackspace Technology. “Both Kellie and Mike have more than 30 years of experience and exemplary
- GlobeNewswire
Rackspace Technology Named Winner of VMware 2023 Lifecycle Services Award for the Americas Region
Award Recognizes Rackspace Technology's Outstanding Customer Experiences and Strengthening of Customer-Partner RelationshipsSAN ANTONIO, April 10, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT)—a leading end-to-end, multicloud technology solutions company, today announced that it has been awarded the VMware 2023 Lifecycle Services award for the Americas region as part of VMware's annual Partner Achievement Awards. VMware is recognizing Rackspace Technology for delivering outstandin
- GlobeNewswire
Rackspace Technology Achieves Cloud Governance and Cloud Financial Management Distinctions in AWS Cloud Operations Competency
SAN ANTONIO, April 06, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, announced today that it has achieved the Amazon Web Services (AWS) Cloud Operations Competency in the Cloud Governance and Cloud Financial Management categories. The new AWS Cloud Operations Competency allows customers to select validated AWS Partners who offer comprehensive solutions with an integrated approach across all five solution areas of Cloud
- GlobeNewswire
Rackspace Technology Leveraged a Combination of Public, Private, and Government Cloud Solutions for CNWL NHS Foundation Trust to Expand its Service Capabilities while Safeguarding Sensitive Data
The UK healthcare NHS trust modernized technological capabilities resulting in greater patient data security and a reduction in costs by 15% to 18%SAN ANTONIO, April 05, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the CNWL NHS Foundation Trust leveraged a combination of public, private, and government cloud solutions to address enormous pressure to meet the growing demand for its healthcare services a
- GlobeNewswire
Braze Expands Partnership with Rackspace Technology Through Multi-Year Agreement Supporting Future Growth and Innovation
The strategic agreement will support growth and innovation for Braze’s expanding geographical footprintSAN ANTONIO, April 04, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multicloud technology solutions company, today announced that Braze (Nasdaq: BRZE), a leading comprehensive customer engagement platform that powers interactions between consumers and brands they love, has expanded its relationship with Rackspace Technology with a multi-year agreement tha
- GlobeNewswire
Rackspace Technology Works with Biomedical Software Company inPhronesis to Modernize Email Infrastructure and Optimize its Knowledge Management Portal
With Microsoft 365, inPhronesis, manages the data and intelligence that drives the management of pharmaceutical companiesSAN ANTONIO, April 03, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced working with inPhronesis to modernize the company’s email infrastructure and optimize the knowledge management portal. The biomedical software expert manages the data and intelligence that drives the management of ph
GlobeNewswireRackspace Technology Chief Technology Officer Srini Koushik Inducted into CIO Hall of Fame and Awarded Global Ohio CIO ORBIE
Srini Koushik Chief Technology Officer at Rackspace Technology Srini Koushik, Rackspace Technology Executive Vice President and Chief Technology Officer has been inducted into the CIO Hall of Fame and received the Global Ohio CIO ORBIE® Award SAN ANTONIO, March 28, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, today announced that Srini Koushik, Rackspace Technology Executive Vice President and Chief Technology Office