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.

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The current financial score of Rackspace Technology Inc is 5.71, ranking 434 out of 468 in the Software & IT Services industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 678.10M, representing a year-over-year increase of 1.91%, while its net profit experienced a year-over-year increase of 111.61%.
The current valuation score of Rackspace Technology Inc is 6.93, ranking 323 out of 468 in the Software & IT Services industry. Its current P/E ratio is -9.64, which is -98.28% below the recent high of -0.17 and -25.26% above the recent low of -12.07.

The current earnings forecast score of Rackspace Technology Inc is 6.00, ranking 380 out of 468 in the Software & IT Services industry. The average price target is 1.40, with a high of 1.75 and a low of 1.30.


Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Rackspace Technology Inc is 9.34, ranking 39 out of 468 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 8.52 and the support level at 2.24, making it suitable for range-bound swing trading.

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The current institutional shareholding score of Rackspace Technology Inc is 7.00, ranking 139 out of 468 in the Software & IT Services industry. The latest institutional shareholding proportion is 77.26%, representing a quarter-over-quarter decrease of 1.34%. The largest institutional shareholder is James Simons, holding a total of 1.79M shares, representing 0.72% of shares outstanding, with 32.58% decrease in holdings.

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Rackspace Technology Inc is 2.98, ranking 336 out of 468 in the Software & IT Services industry. The company's beta value is 2.94. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Rackspace Technology Inc’s latest ESG disclosure leads the Software & IT Services industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.