Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. It operates through Multicloud Services and Apps & Cross Platform segments. The company's Multicloud Services segment provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; and professional services related to designing and building multi cloud solutions and cloud-native applications. Its Apps & Cross Platform segment includes managed applications; managed security services in the areas of security threat assessment and prevention, threat detection and response, rapid remediation, governance, and risk and compliance assistance across multiple cloud platforms, as well as privacy and data protection services, including detailed access restrictions and reporting; data services; and professional services related to designing and implementing application, security, and data services. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.
CEO: Gajen Kandiah. Company website
Rackspace Technology, Inc. (RXT) trades at $4.37, down 33.59% on the day, as of Sep 20, 2026 14:59 UTC.
Rackspace Technology, Inc. has a market capitalisation of $1.08B, calculated from the live RXT share price and shares outstanding.
RXT has no meaningful price-to-earnings ratio: Rackspace Technology, Inc. lost $0.95 per share over the last twelve months, and a P/E is only defined on positive earnings.
Rackspace Technology, Inc. generated revenue of $2.69B over the trailing twelve months, which puts the stock at 0.40 times sales.
RXT has traded between $0.86 and $8.60 over the past 52 weeks, and the last price is 49.2% below that high.
No. Rackspace Technology, Inc. is loss-making, with a net margin of -8.41% over the trailing twelve months.
Wall Street analysts rate RXT Hold, with an average price target of $3.33, 23.8% below the current price.
Rackspace Technology, Inc. is classified under the Technology sector and the Software - Infrastructure industry, and is domiciled in US .
Gajen Kandiah is the chief executive of Rackspace Technology, Inc., which employs 5,100 people.
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