Rackspace Technology, Inc. (RXT)Technology | Software - Infrastructure | San Antonio, United States | NasdaqGS
3.02 USD
-0.16
(-5.181%) ⇩
(Oct. 16, 2026, 9:40 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 10:08 a.m. EDT
The long-term investment case is severely compromised by a brutal five-year price trajectory that has erased over 92% of value, driven by four consecutive years of negative annual returns. While the company is pivoting toward AI and the balance sheet shows some free cash flow, the market has priced in a deep structural deterioration, evidenced by the relentless decline in share price. The short-term outlook remains murky; while there is a slight technical bounce off lows, the heavy options hedging (puts) suggests institutional caution and a fear of further downside. With no dividend to provide income and a forward P/E that implies high expectations for a turnaround that hasn't fully materialized yet, this is a speculative recovery play rather than a core holding. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.127114 |
| MSTL | 0.131294 |
| AutoARIMA | 0.133164 |
| AutoTheta | 0.135224 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 0.30 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.223 |
| Excess Kurtosis | -1.01 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Revenue per Share | 11.016 |
| Market Cap | 769,715,968 |
| Forward P/E | 22.23 |
| Beta | 3.11 |
| Profit Margins | -5.88% |
| Website | https://www.rackspace.com |
As of Oct. 10, 2026, 10:08 a.m. EDT: Speculators are positioning for a volatile rebound rather than a steady grind higher. There is heavy open interest in out-of-the-money calls at strikes like $5.00 and $7.00 for late 2027, suggesting a belief in a significant upside move. However, this bullishness is heavily offset by massive put writing and open interest at lower strikes ($2.50, $3.00, $3.50) across multiple expirations, indicating a strong hedge against further downside or a 'crush' strategy. The skew suggests traders expect high volatility with a bias toward staying flat or drifting lower, rather than a clean breakout.
| Attribute | Value |
|---|---|
| 52 Week Change | 1.2429578 |
| Address1 | 19,122 US Highway 281 N. |
| Address2 | Suite 128 |
| All Time High | 26.43 |
| All Time Low | 0.393 |
| Ask | 3.86 |
| Ask Size | 2 |
| Audit Risk | 6 |
| Average Daily Volume10 Day | 4,996,320 |
| Average Daily Volume3 Month | 6,819,295 |
| Average Volume | 6,819,295 |
| Average Volume10Days | 4,996,320 |
| Beta | 3.105 |
| Bid | 2.24 |
| Bid Size | 2 |
| Board Risk | 9 |
| Book Value | -5.09 |
| City | San Antonio |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 3.02 |
| Current Ratio | 0.756 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 3.125 |
| Day Low | 3.015 |
| Display Name | Rackspace |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,451,400 |
| Earnings Call Timestamp Start | 1,786,451,400 |
| Earnings Timestamp | 1,786,451,400 |
| Earnings Timestamp End | 1,793,908,800 |
| Earnings Timestamp Start | 1,793,908,800 |
| Ebitda | 247,800,000 |
| Ebitda Margins | 0.0917 |
| Enterprise To Ebitda | 16.181 |
| Enterprise To Revenue | 1.484 |
| Enterprise Value | 4,009,570,048 |
| Eps Current Year | -0.26946 |
| Eps Forward | 0.13587 |
| Eps Trailing Twelve Months | -0.65 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 210 312 4848 |
| Fifty Day Average | 3.7017 |
| Fifty Day Average Change | -0.6817 |
| Fifty Day Average Change Percent | -0.18415862 |
| Fifty Two Week Change Percent | 124.295784 |
| Fifty Two Week High | 8.6 |
| Fifty Two Week High Change | -5.5800004 |
| Fifty Two Week High Change Percent | -0.6488372 |
| Fifty Two Week Low | 0.393 |
| Fifty Two Week Low Change | 2.6269999 |
| Fifty Two Week Low Change Percent | 6.684478 |
| Fifty Two Week Range | 0.393 - 8.6 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,596,634,200,000 |
| Float Shares | 107,107,766 |
| Forward Eps | 0.13587 |
| Forward P E | 22.227129 |
| Free Cashflow | 186,637,504 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 5,000 |
| Fullday Change | -0.16499996 |
| Fullday Change Percent | -5.1805325 |
| Fullday Price | 3.02 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.18552 |
| Gross Profits | 501,300,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0291 |
| Held Percent Institutions | 0.82383 |
| Implied Shares Outstanding | 254,872,850 |
| Industry | Software - Infrastructure |
| Industry Disp | Software - Infrastructure |
| Industry Key | software-infrastructure |
| Ipo Expected Date | 2,020-08-05 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Rackspace Technology, Inc. operates as a hybrid cloud and artificial intelligence solutions company in the United States, the United Kingdom, and internationally. It operates through two segments, Public Cloud and Private Cloud. The company offers programmatic infrastructure, including hardware and services for datacenter compute, network, storage, and data protection; cloud operating systems; platform-as-a-service; private cloud solutions; and private cloud services, such as managed, professional, elastic engineering, and security services, as well as an email platform for customers and carriers. It also provides a cloud platform that offers platform-related services, including cloud strategy and architecture, platform and infrastructure migrations, and modern cloud infrastructure; cloud apps that build and manage applications within a cloud technology stack; and cloud data, which helps accelerate the adoption of modern data solutions enabling business transformation. In addition, the company offers cloud security that provides security solutions in security threat assessment and prevention; proactive threat detection and response; rapid remediation; governance, risk, and compliance assistance across multiple cloud platforms; and privacy and data protection services, including detailed access restrictions and reporting. Further, it provides Rackspace AI, a portfolio of AI services and solutions to help organizations scale AI, as well as multi-cloud strategy, data and application modernization, cloud adoption, cloud-native enablement, SaaS lifecycle management, and data management services. The company serves the financial services, government, healthcare, manufacturing, non-profit, education, SaaS and ISV, consumer goods, oil and gas, and other industries. The company was formerly known as Rackspace Corp. and changed its name to Rackspace Technology, Inc. in June 2020. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas. |
| Long Name | Rackspace Technology, Inc. |
| Market | us_market |
| Market Cap | 769,715,968 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_428786517 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -159,000,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,034,783,771 |
| Number Of Analyst Opinions | 3 |
| Open | 3.105 |
| Operating Cashflow | 104,000,000 |
| Operating Margins | -0.021340001 |
| Overall Risk | 9 |
| Peg Ratio | 4.93 |
| Phone | 800 961 4454 |
| Previous Close | 3.185 |
| Price Eps Current Year | -11.207601 |
| Price Hint | 4 |
| Price To Book | -0.5933202 |
| Price To Sales Trailing12 Months | 0.2848479 |
| Profit Margins | -0.05884 |
| Quick Ratio | 0.537 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.16499996 |
| Regular Market Change Percent | -5.1805325 |
| Regular Market Day High | 3.125 |
| Regular Market Day Low | 3.015 |
| Regular Market Day Range | 3.015 - 3.125 |
| Regular Market Open | 3.105 |
| Regular Market Previous Close | 3.185 |
| Regular Market Price | 3.02 |
| Regular Market Time | 1,792,158,059 |
| Regular Market Volume | 481,753 |
| Return On Assets | -0.0095999995 |
| Revenue Growth | 0.006 |
| Revenue Per Share | 11.016 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 6 |
| Shares Outstanding | 254,872,850 |
| Shares Percent Shares Out | 0.108100004 |
| Shares Short | 27,543,303 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 26,762,321 |
| Short Name | Rackspace Technology, Inc. |
| Short Percent Of Float | 0.2283 |
| Short Ratio | 3.91 |
| Source Interval | 15 |
| State | TX |
| Symbol | RXT |
| Target High Price | 5.3 |
| Target Low Price | 4.0 |
| Target Mean Price | 4.76667 |
| Target Median Price | 5.0 |
| Total Cash | 110,600,000 |
| Total Cash Per Share | 0.434 |
| Total Debt | 3,308,400,128 |
| Total Revenue | 2,702,200,064 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.65 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 3.10916 |
| Two Hundred Day Average Change | -0.089159966 |
| Two Hundred Day Average Change Percent | -0.028676545 |
| Type Disp | Equity |
| Volume | 481,753 |
| Website | https://www.rackspace.com |
| Zip | 78,258-7667 |