Rackspace Technology, Inc.
RXT
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Rackspace Technology operates in the growing cloud infrastructure market, which is expected to see continued demand as businesses increasingly migrate to cloud solutions.
- The company's revenue for 2026-Q1 was $678.1 million, showing a slight decrease of 1% from the previous quarter but indicating stability in a competitive environment.
- Rackspace has a strong buy score of 31.00, supported by positive technical indicators such as a rising relative strength compared to benchmarks.
- Rackspace has been struggling with profitability, evidenced by a negative profit margin of -5.88% and an operating margin of -2.13%.
- The company reported a net income loss of $67.5 million in 2026-Q2, reflecting ongoing financial challenges.
- The price-to-book ratio is -0.79, indicating that the company's market value is less than its book value, which may concern investors.
Fundamentals
| Market cap | $922.64M | Enterprise value | $4.12B | Trailing P/E | — | Forward P/E | 26.64 |
| PEG | 4.93 | Price / book | -0.71 | Beta | 3.11 | Dividend yield | 0.00% |
| Revenue growth | 0.6% | Earnings growth | — | Gross margin | 18.6% | Operating margin | -2.1% |
| Profit margin | -5.9% | ROE | — | ROA | -1.0% | Debt / equity | — |
| Current ratio | 0.76 | Free cash flow | $186.64M | Analyst recommendation | none | Mean target | $4.77 |
| 52w high | $8.60 | 52w low | $0.39 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $670M | $678M | $683M | $671M | $666M | — |
| Op margin | -5.0% | -2.6% | -0.5% | -5.1% | -3.8% | — |
| Net income | -$67.5M | $8.3M | -$32.7M | -$67.1M | -$54.5M | — |
| Gross margin | 17.1% | 17.6% | 17.6% | 19.4% | 19.4% | — |
| Gross profit | $115M | $119M | $120M | $130M | $129M | — |
| Operating income | -$33.2M | -$17.8M | -$3.3M | -$33.9M | -$25.1M | — |
- Revenue -1% vs prior quarter ($670M vs $678M).
- Gross margin 17.1% (was 17.6% prior quarter).
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.7B | $3.0B | $3.1B | — |
| Op margin | -3.7% | -6.4% | -4.7% | 0.1% | — |
| Net income | -$226M | -$858M | -$838M | -$805M | — |
| Gross margin | 18.9% | 19.5% | 21.3% | 27.4% | — |
| Gross profit | $506M | $533M | $629M | $857M | — |
| Operating income | -$101M | -$174M | -$138M | $1.6M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-09-22 · Why Rackspace Technology (RXT) Is Up 15.8% After Joining NVIDIA’s Cloud Partner Program
2026-09-17 · Rackspace’s Nvidia Partnership Sparks Early Rally, But a $2.8 Billion Debt Load Remains
2026-09-11 · Dear Rackspace Stock Fans, Here’s What the Nvidia Partnership Means for RXT
2026-09-11 · Relatively unknown cloud provider gets Nvidia's stamp of approval
2026-09-10 · Rackspace Shares Rise 13% After Joining NVIDIA Cloud Partner Program
2026-09-10 · Sector Update: Tech Stocks Fall Premarket Thursday
2026-09-10 · Rackspace Technology Collaborates With Nvidia to Expand Sovereign AI Infrastructure
2026-09-08 · Rackspace Technology Insider Sold Shares Worth $1,600,917, According to a Recent SEC Filing
2026-08-28 · What Makes Rackspace Technology (RXT) an Investment Choice?
2026-08-27 · Rackspace Scott Anthony Sells 48,780 Shares for $207,315
2026-08-25 · Broadcom (AVGO) Debuts VMware Cloud Foundation 9.1 In Managed Multitenant Cloud
Price (daily)
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