Rackspace Technology/RXT

$2.04

4.08%
-
1D1W1MYTD1YMAX

About Rackspace Technology

Rackspace Technology, Inc. is an end-to-end multi-cloud technology services 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: Public Cloud and Private Cloud. The Company’s Public Cloud segment is a services-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. The Company’s 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 such as colocation providers. Private Cloud also includes its legacy OpenStack Public Cloud business.

Ticker

RXT

Sector

Technology

Trading on

NASDAQ

Industry

Software & Programming

CEO

Amar Maletira

Employees

6,800

Headquarters

San antonio, United States

RXT Metrics

BasicAdvanced
$424.16M
Market cap
-
P/E ratio
-$5.05
EPS
1.96
Beta
-
Dividend rate

What the Analysts think about RXT

Analyst Ratings

Majority rating from 6 analysts.
Hold

Price Targets

Average projection from 6 analysts.
10.29% upside
High $3.50
Low $1.00
$2.04
Current price
$2.25
Average price target

RXT Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-30.93% profit margin
QuarterlyAnnual
Q3 23
QoQ growth
Revenue
$732.4M
-1.86%
Net income
$-226.6M
733.09%
Profit margin
-30.93%
749.73%

RXT Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 13.28%
QuarterlyAnnual
Q4 22
Q1 23
Q2 23
Q3 23
Q4 23
Actual
$0.06
-$0.02
-$0.06
-$0.04
-
Expected
$0.05
-$0.03
-$0.08
-$0.05
-$0.04
Surprise
20.88%
-23.08%
-23.51%
-13.28%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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