Feb. 23, 2024 Price forecast | 2 weeks: -2.48% | 1 month: -4.91% | 3 months: 0.62%

RXT stock forecast

Our latest prediction for Rackspace Technology Inc's stock price was made on the Feb. 23, 2024 when the stock price was at 1.96$.

In the short term (2weeks), RXT's stock price should underperform the market by -2.48%. During that period the price should oscillate between -20.95% and +16.40%.

In the medium term (3months), RXT's stock price should outperform the market by 0.62%. During that period the price should oscillate between -52.75% and +41.02%.

Create a solid portfolio with RXT

Add RXT to your portfolio and optimize it!

About Rackspace Technology Inc

rackspace, the #1 managed cloud company, helps businesses tap the power of cloud computing without the challenge and expense of managing complex it infrastructure and application platforms on their own. rackspace engineers deliver specialized expertise on top of leading technologies developed by openstack, microsoft, vmware and others, through a results-obsessed service known as fanatical support®. we have more than 300,000 customers worldwide, including two-thirds of the fortune 100. rackspace was named a leader in the 2015 gartner magic quadrant for cloud-enabled managed hosting, and has been honored as one of fortune’s best companies to work for in six of the past eight years. learn more at www.rackspace.com.

At the moment the company generates 3024M USD in revenues.

On its last earning announcement, the company reported a loss of -5.06$ per share.

The book value per share is 6.95$

Rackspace Technology Inc website

Three months stock forecastFeb. 23, 2024


Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
3024M - -1111M - -1079M -5.06 - - 216M 6.95 - - -