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Rackspace Technology Inc

RXT
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5.820USD
-1.470-20.16%
Close 05/15, 16:00ETQuotes delayed by 15 min
1.82BMarket Cap
LossP/E TTM

Rackspace Technology Inc

5.820
-1.470-20.16%
View Detailed Chart
Intraday
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Today

-20.16%

5 Days

+6.01%

1 Month

+373.17%

6 Months

+410.53%

Year to Date

+499.44%

1 Year

+361.90%

Key Insights

Rackspace Technology Inc's fundamentals are relatively weak, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 142 out of 468 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 3.17.In the medium term, the stock price is expected to trend up.Despite strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Rackspace Technology Inc's Score

Industry at a Glance

Industry Ranking
142 / 468
Overall Ranking
218 / 4482
Industry
Software & IT Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Neutral

Rackspace Technology Inc Highlights

StrengthsRisks
Rackspace Technology, Inc. is an end-to-end hybrid, hybrid cloud, and artificial intelligence (AI) solutions company. The Company designs, builds, and operates its customers’ cloud environments across all technology platforms, irrespective of technology stack or deployment model. The Company operates through two segments. Its Public Cloud segment is a service-centric, capital-light model providing value-added cloud solutions through managed services, elastic engineering and professional services offerings for customer environments hosted on the Amazon Web Services (AWS), Microsoft Azure and Google Cloud public cloud platforms. Its Private Cloud segment is a technology-forward, capital-intensive model providing managed service offerings for customer environments hosted in one of its data centers as well as in those owned by customers or by third parties. Private Cloud product portfolio includes Programmatic Infrastructure, Cloud Operating Systems, Platform-as-a-Service, and others.
Undervalued
The company’s latest PE is -9.64, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 192.54M shares, decreasing 1.61% quarter-over-quarter.
Held by Invesco
Star Investor Invesco holds 116.71K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 4.72.

Analyst Rating

Based on 3 analysts
Hold
Current Rating
3.167
Target Price
-56.56%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Rackspace Technology Inc News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Rackspace Technology Inc Info

Rackspace Technology, Inc. is an end-to-end hybrid, hybrid cloud, and artificial intelligence (AI) solutions company. The Company designs, builds, and operates its customers’ cloud environments across all technology platforms, irrespective of technology stack or deployment model. The Company operates through two segments. Its Public Cloud segment is a service-centric, capital-light model providing value-added cloud solutions through managed services, elastic engineering and professional services offerings for customer environments hosted on the Amazon Web Services (AWS), Microsoft Azure and Google Cloud public cloud platforms. Its Private Cloud segment is a technology-forward, capital-intensive model providing managed service offerings for customer environments hosted in one of its data centers as well as in those owned by customers or by third parties. Private Cloud product portfolio includes Programmatic Infrastructure, Cloud Operating Systems, Platform-as-a-Service, and others.
Ticker SymbolRXT
CompanyRackspace Technology Inc
CEOKandiah (Gajen)
Websitehttps://www.rackspace.com/
KeyAI