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ALL
Market cap
$981260473
EPS
-0.65
P/E ratio
--
Price to sales
0.38
Dividend yield
--
Beta
3.105257
Previous close
$4.02
Today's open
$3.94
Day's range
$3.85 - $3.97
52 week range
$0.39 - $8.60
show more
CEO
Gajen Kandiah
Employees
5100
Headquarters
San Antonio, TX
Exchange
Nasdaq Global Select
Shares outstanding
254872850
Issue type
Common Stock
Technology
Software & IT Services
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.
Seeking Alpha • Sep 30, 2026

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.
GlobeNewsWire • Sep 28, 2026

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.
GlobeNewsWire • Sep 28, 2026

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.
GlobeNewsWire • Sep 28, 2026

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.
Business Wire • Sep 28, 2026

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.
Business Wire • Sep 28, 2026

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.
PRNewsWire • Sep 28, 2026

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.
Newsfile Corp • Sep 28, 2026

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.
Newsfile Corp • Sep 27, 2026

RXT INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Rackspace Technology Investors of Securities Class Action Lawsuit Deadline on September 28, 2026
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Rackspace To Contact Him Directly To Discuss Their Options
GlobeNewsWire • Sep 26, 2026

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