Rackspace Technology, Inc. (RXT)Technology | Software - Infrastructure | San Antonio, United States | NasdaqGS
4.52 USD
-0.81
(-15.256%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 4.51 -0.01 (-0.010%) ⇩ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:39 a.m. EDT
The fundamental reality here is stark: Rackspace is a company in freefall, having lost over 90% of its value over the last four years with negative earnings, shrinking margins, and a balance sheet weighed down by debt. The recent news of trimmed AI guidance confirms that the hype cycle has stalled, leaving the business with no clear path to profitability. Despite this, the options market is telling a story of extreme mania, with traders betting on a sudden, explosive reversal to $10 or higher while simultaneously insuring against a drop to zero. This disconnect is dangerous. The statistical forecast model is useless here due to low reliability, and the analyst consensus remains a cautious 'hold' with targets barely above the current price. The massive call volume is likely driven by speculative narratives about AI partnerships rather than actual financial performance. For a serious investor, the deteriorating fundamentals and lack of cash generation make this a clear avoid; the only play here is a high-risk gamble on a binary event, which is not a sound investment strategy. |
| Model | MAE |
|---|---|
| MSTL ✓ | 1.157162 |
| AutoARIMA | 1.168367 |
| AutoETS | 1.170843 |
| AutoTheta | 1.913589 |
Forecast horizon: 60 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 19% |
| H-stat | 5.71 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.008 |
| Excess Kurtosis | -0.79 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Revenue per Share | 11.137 |
| Market Cap | 1,147,666,944 |
| Forward P/E | 32.59 |
| Beta | 3.00 |
| Profit Margins | -5.41% |
| Website | https://www.rackspace.com |
As of July 11, 2026, 6:39 a.m. EDT: Speculators are positioning aggressively for a massive gap-up, evidenced by heavy call volume at strikes significantly above the current price (e.g., $10, $11, $14) and a notable spike in implied volatility at deep out-of-the-money strikes. This suggests a belief in a binary event or a rapid recovery to $10+. Conversely, put writers are establishing a dense wall of protection at very low strikes ($1, $1.50), indicating a fear of a catastrophic collapse to pennies if the anticipated rally fails. The market is split between a 'moon shot' expectation and a 'ruin' scenario, with minimal hedging in the middle range relative to the extremes.
| Attribute | Value |
|---|---|
| 52 Week Change | 2.401274 |
| Address1 | 19,122 US Highway 281 N. |
| Address2 | Suite 128 |
| All Time High | 26.43 |
| All Time Low | 0.393 |
| Ask | 5.67 |
| Ask Size | 2 |
| Audit Risk | 6 |
| Average Analyst Rating | 3.0 - Hold |
| Average Daily Volume10 Day | 21,417,580 |
| Average Daily Volume3 Month | 25,260,232 |
| Average Volume | 25,260,232 |
| Average Volume10Days | 21,417,580 |
| Beta | 3.0 |
| Bid | 3.76 |
| Bid Size | 2 |
| Board Risk | 9 |
| Book Value | -4.884 |
| 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 | 4.52 |
| Current Ratio | 0.681 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 5.23 |
| Day Low | 4.38 |
| Display Name | Rackspace Technology |
| Earnings Call Timestamp End | 1,778,157,000 |
| Earnings Call Timestamp Start | 1,778,157,000 |
| Earnings Timestamp | 1,778,157,000 |
| Earnings Timestamp End | 1,786,019,400 |
| Earnings Timestamp Start | 1,786,019,400 |
| Ebitda | 246,900,000 |
| Ebitda Margins | 0.0915 |
| Enterprise To Ebitda | 17.255 |
| Enterprise To Revenue | 1.579 |
| Enterprise Value | 4,260,185,600 |
| Eps Current Year | -0.14251 |
| Eps Forward | 0.13868 |
| Eps Trailing Twelve Months | -0.61 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 210 312 4848 |
| Fifty Day Average | 5.1847 |
| Fifty Day Average Change | -0.66470003 |
| Fifty Day Average Change Percent | -0.12820415 |
| Fifty Two Week Change Percent | 240.1274 |
| Fifty Two Week High | 8.6 |
| Fifty Two Week High Change | -4.0800004 |
| Fifty Two Week High Change Percent | -0.47441864 |
| Fifty Two Week Low | 0.393 |
| Fifty Two Week Low Change | 4.127 |
| Fifty Two Week Low Change Percent | 10.501271 |
| Fifty Two Week Range | 0.393 - 8.6 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,596,634,200,000 |
| Float Shares | 104,733,263 |
| Forward Eps | 0.13868 |
| Forward P E | 32.59302 |
| Free Cashflow | 235,650,000 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 5,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.18852 |
| Gross Profits | 508,700,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.02999 |
| Held Percent Institutions | 0.679 |
| Implied Shares Outstanding | 253,908,600 |
| 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 | 1,147,666,944 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_428786517 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -146,000,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,355,871,924 |
| Number Of Analyst Opinions | 3 |
| Open | 5.23 |
| Operating Cashflow | 143,900,000 |
| Operating Margins | -0.010620001 |
| Overall Risk | 9 |
| Payout Ratio | 0.0 |
| Peg Ratio | 4.93 |
| Phone | 800 961 4454 |
| Post Market Change | -0.009999752 |
| Post Market Change Percent | -0.22123346 |
| Post Market Price | 4.51 |
| Post Market Time | 1,783,987,185 |
| Previous Close | 5.3337 |
| Price Eps Current Year | -31.717073 |
| Price Hint | 4 |
| Price To Book | -0.92547095 |
| Price To Sales Trailing12 Months | 0.42531386 |
| Profit Margins | -0.054109998 |
| Quick Ratio | 0.464 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 3.0 |
| Region | US |
| Regular Market Change | -0.8137 |
| Regular Market Change Percent | -15.2558 |
| Regular Market Day High | 5.23 |
| Regular Market Day Low | 4.38 |
| Regular Market Day Range | 4.38 - 5.23 |
| Regular Market Open | 5.23 |
| Regular Market Previous Close | 5.3337 |
| Regular Market Price | 4.52 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 23,763,474 |
| Return On Assets | -0.01075 |
| Revenue Growth | 0.019 |
| Revenue Per Share | 11.137 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 7 |
| Shares Outstanding | 253,908,600 |
| Shares Percent Shares Out | 0.0991 |
| Shares Short | 24,709,592 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 15,351,512 |
| Short Name | Rackspace Technology, Inc. |
| Short Percent Of Float | 0.2149 |
| Short Ratio | 1.15 |
| Source Interval | 15 |
| State | TX |
| Symbol | RXT |
| Target High Price | 5.7 |
| Target Low Price | 4.0 |
| Target Mean Price | 4.9 |
| Target Median Price | 5.0 |
| Total Cash | 93,600,000 |
| Total Cash Per Share | 0.376 |
| Total Debt | 3,227,300,096 |
| Total Revenue | 2,698,400,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.61 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 2.23327 |
| Two Hundred Day Average Change | 2.28673 |
| Two Hundred Day Average Change Percent | 1.0239381 |
| Type Disp | Equity |
| Volume | 23,763,474 |
| Website | https://www.rackspace.com |
| Zip | 78,258-7667 |