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Rackspace Technology Inc. (RXT)

$2.83

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Key data on RXT

Market cap

$721290166

EPS

-0.65

P/E ratio

--

Price to sales

0.37

Dividend yield

--

Beta

3.105257

Price on RXT

Previous close

$2.82

Today's open

$2.82

Day's range

$2.72 - $2.85

52 week range

$0.39 - $8.60

Profile about RXT

CEO

Gajen Kandiah

Employees

5100

Headquarters

San Antonio, TX

Exchange

Nasdaq Global Select

Shares outstanding

254872850

Issue type

Common Stock

RXT industries and sectors

Technology

Software & IT Services

News on RXT

Rackspace Technology to Report Third Quarter 2026 Financial Results

SAN ANTONIO, Oct. 20, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today announced that it will release its third quarter 2026 financial results after market close on Monday, November 9, 2026. Gajen Kandiah, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on Tuesday, November 10, 2026, at 8:30 a.m.

news source

GlobeNewsWire • Oct 20, 2026

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Rackspace: The Unhealthy Fixation Over GAAP Losses

Rackspace is positioned to capitalize on enterprise AI demand by expanding its high-margin Private Cloud segment and reducing reliance on low-margin Public Cloud. Private Cloud, representing 39% of revenue, delivers a 21.8% operating margin versus Public Cloud's 4.7%, highlighting the strategic shift's profitability. The AMD partnership targets up to 30 MW of AI infrastructure by 2028, potentially adding $450–$600 million in annual revenue at over 50% adjusted EBITDA margin.

news source

Seeking Alpha • Sep 30, 2026

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RXT Investor Lawsuit: Rackspace Technology Sued for Securities Fraud on behalf of Investors with Losses – Contact BFA Law by September 28 Court Deadline

NEW YORK, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm  Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. (NASDAQ:RXT) and certain of the company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

news source

GlobeNewsWire • Sep 28, 2026

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RXT Investor Alert: Rackspace Technology, Inc. Securities Class Action Notice - Contact Levi & Korsinsky

Disclosure Under Scrutiny: Rackspace's SEC filings allegedly described a general "Business Mix Shift" while, the complaint contends, the Company was already preparing to exit colocation, basic hosting, and low-margin Public Cloud resale lines that would cost $150 million in FY2026 revenue. Disclosure Under Scrutiny: Rackspace's SEC filings allegedly described a general "Business Mix Shift" while, the complaint contends, the Company was already preparing to exit colocation, basic hosting, and low-margin Public Cloud resale lines that would cost $150 million in FY2026 revenue.

news source

GlobeNewsWire • Sep 28, 2026

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Bronstein, Gewirtz & Grossman LLC Urges Rackspace Technology, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

NEW YORK, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Rackspace Technology, Inc. (NASDAQ: RXT) and certain of its officers.

news source

GlobeNewsWire • Sep 28, 2026

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RXT Investors Have Opportunity to Lead Rackspace Technology, Inc. Securities Fraud Lawsuit with SBS Law

LOS ANGELES--(BUSINESS WIRE)---- $RXT--RXT Investors Have Opportunity to Lead Rackspace Technology, Inc. Securities Fraud Lawsuit with SBS Law.

news source

Business Wire • Sep 28, 2026

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RXT CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Rackspace Technology (RXT) Investors of Securities Class Action Lawsuit Deadline on September 28, 2026

NEW YORK--(BUSINESS WIRE)---- $RXT #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Rackspace Technology, Inc. (“Rackspace” or the “Company”) (NASDAQ: RXT) and reminds investors of the September 28, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georg.

news source

Business Wire • Sep 28, 2026

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Rackspace Technology, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - RXT

NEW YORK, Sept. 28, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Rackspace Technology, Inc. ("Rackspace" or "the Company") (NASDAQ: RXT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

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PRNewsWire • Sep 28, 2026

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DEADLINE TODAY: Rackspace Technology Investors Should Contact Block & Leviton to Possibly Recover Losses

Boston, Massachusetts--(Newsfile Corp. - September 28, 2026) - Block & Leviton reminds investors that a securities fraud lawsuit has been filed against Rackspace Technology (NASDAQ: RXT) and certain of its executives. Investors who have lost money in their Rackspace Technology investment should contact the firm today to learn more about how they might recover those losses.

news source

Newsfile Corp • Sep 28, 2026

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RXT DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Rackspace Technology, Inc. Investors to Secure Counsel Before Important September 28 Deadline in Securities Class Action - RXT

New York, New York--(Newsfile Corp. - September 27, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Rackspace Technology, Inc. (NASDAQ: RXT) between May 7, 2026 and July 8, 2026 inclusive (the "Class Period"), of the important September 28, 2026 lead plaintiff deadline. SO WHAT: If you purchased Rackspace securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

news source

Newsfile Corp • Sep 27, 2026

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