Rackspace Technology Inc [RXT] stock prices are up 7.63% to $1.27 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RXT shares have gain 23.30% over the last week, with a monthly amount drifted -11.81%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Rackspace Technology Inc [NASDAQ: RXT] stock has seen the most recent analyst activity on June 02, 2025, when Raymond James downgraded its rating to a Mkt Perform. Previously, UBS started tracking the stock with Neutral rating on November 07, 2023, and set its price target to $1.40. On September 19, 2023, upgrade upgraded it’s rating to Outperform but maintained its price target of $3.50 on the stock. Citigroup downgraded its rating to a Sell and increased its price target to $1.50 on July 25, 2023. Evercore ISI downgraded its rating to a In-line and reduced its price target to $5 on October 11, 2022. JP Morgan downgraded its rating to Underweight for this stock on August 16, 2022, and downed its price target to $5. In a note dated August 11, 2022, RBC Capital Mkts downgraded an Sector Perform rating on this stock and revised its target price from $9 to $7.
The stock price of Rackspace Technology Inc [RXT] has been fluctuating between $1.00 and $3.41 over the past year. Currently, Wall Street analysts expect the stock to reach $3.33 within the next 12 months. Rackspace Technology Inc [NASDAQ: RXT] shares were valued at $1.27 at the most recent close of the market. An investor can expect a potential return of 162.2% based on the average RXT price forecast.
Analyzing the RXT fundamentals
The Rackspace Technology Inc [NASDAQ:RXT] reported sales of 2.71B for trailing twelve months, representing a drop of -3.68%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is 0.31 and Total Capital is -0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.46.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.1939 points at the first support level, and at 1.1179 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3305, and for the 2nd resistance point, it is at 1.3911.
Ratios To Look Out For
It’s worth pointing out that Rackspace Technology Inc [NASDAQ:RXT]’s Current Ratio is 0.79. Also, the Quick Ratio is 0.79, while the Cash Ratio stands at 0.17. Considering the valuation of this stock, the price to sales ratio is 0.11.
Transactions by insiders
Recent insider trading involved Maletira Amar, Chief Executive Officer, that happened on Mar 17 ’25 when 0.52 million shares were sold. Chief Financial Officer, Marino Mark A. completed a deal on Mar 17 ’25 to sell 20217.0 shares. Meanwhile, EVP, President, Public Cloud SINHA DHARMENDRA KUMAR sold 0.18 million shares on Mar 17 ’25.
