RACKSPACE TECHNOLOGY INC (RXT) Forecast, Price Target & Analyst Ratings

NASDAQ:RXT • US7501021056

Current stock price

0.9575 USD
-0.01 (-1.5%)
At close:
0.9481 USD
-0.01 (-0.98%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for RACKSPACE TECHNOLOGY INC (RXT).

Forecast Snapshot

Consensus Price Target

Price Target
$2.21
+ 130.81% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
-$0.04
Revenue Estimate
667.44M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
48.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$2.21
Upside
+ 130.81%
From current price of $0.96 to mean target of $2.21, Based on 10 analyst forecasts
Low
$2.02
Median
$2.04
High
$2.63

Price Target Revisions

1 Month
46.07%
3 Months
46.07%

Price Target Summary

10 Wall Street analysts provided a forecast for the next 12 months for RXT. The average price target is 2.21 USD. This implies a price increase of 130.81% is expected in the next year compared to the current price of 0.9575.
The average price target has been revised upward by 46.07% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

RXT Current Analyst RatingRXT Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

RXT Historical Analyst RatingsRXT Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
48.00%
RXT was analyzed by 10 analysts. The buy percentage consensus is at 48. So analysts seem to be rather neutral about RXT.
In the previous month the buy percentage consensus was at a similar level.
RXT was analyzed by 10 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-02-27RBC CapitalMaintains Sector Perform -> Sector Perform
2025-11-10RBC CapitalMaintains Sector Perform -> Sector Perform
2025-08-12BMO CapitalMaintains Market Perform -> Market Perform
2025-06-02Raymond JamesDowngrade Outperform -> Market Perform
2025-05-12RBC CapitalMaintains Sector Perform -> Sector Perform
2025-05-09UBSMaintains Neutral -> Neutral
2025-04-25BarclaysMaintains Underweight -> Underweight
2024-11-18BarclaysMaintains Underweight -> Underweight
2024-08-16UBSMaintains Neutral -> Neutral
2024-03-13BMO CapitalMaintains Market Perform -> Market Perform
2024-03-13RBC CapitalReiterate Sector Perform -> Sector Perform
2024-03-13Evercore ISI GroupMaintains In-Line -> In-Line
2024-03-13Raymond JamesMaintains Outperform -> Outperform
2023-11-20CitigroupMaintains Sell -> Sell
2023-11-07UBSInitiate Neutral
2023-10-23BarclaysMaintains Underweight -> Underweight
2023-09-19Raymond JamesUpgrade Market Perform -> Outperform
2023-08-09BMO CapitalMaintains Market Perform -> Market Perform
2023-08-09Credit SuisseMaintains Outperform -> Outperform
2023-08-07Credit SuisseMaintains Outperform -> Outperform
2023-07-25BarclaysMaintains Underweight -> Underweight
2023-07-25CitigroupDowngrade Neutral -> Sell
2023-05-15BarclaysMaintains Underweight -> Underweight
2023-05-11RBC CapitalMaintains Sector Perform -> Sector Perform
2023-05-01Credit SuisseMaintains Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
-$0.04
Revenue Estimate
667.44M
Revenue Q2Q
0.31%
EPS Q2Q
41.08%
Number of Analysts
4

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-3.11%
EPS (1 Month)
0.00%
EPS (3 Months)
-40.00%

Next Earnings Summary

RXT is expected to report earnings on 5/6/2026. The consensus EPS estimate for the next earnings is -0.04 USD and the consensus revenue estimate is 667.44M USD.
The next earnings revenue estimate has been revised downward by 3.11% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
RXT revenue by date.RXT revenue by date.
2.957B
-5.29%		2.737B
-7.44%		2.686B
-1.88%		2.666B
-0.73%		2.702B
1.35%		2.884B
6.74%		3.59B
24.48%		3.697B
2.98%
EBITDA
YoY % growth
RXT ebitda by date.RXT ebitda by date.
231.3M
-40.60%		121.2M
-47.60%		197.6M
63.04%		313.49M
58.65%		383.78M
22.42%		437.3M
13.95%		538.33M
23.10%		554.49M
3.00%
EBIT
YoY % growth
RXT ebit by date.RXT ebit by date.
-138.4M
-8,750.00%		-174.2M
-25.87%		-100.7M
42.19%		47.298M
146.97%		90.966M
92.33%		293.82M
223.00%		394.91M
34.41%		407.03M
3.07%
Operating Margin
RXT operating margin by date.RXT operating margin by date.
-4.68%-6.36%-3.75%1.77%3.37%10.19%11.00%11.01%
EPS
YoY % growth
RXT eps by date.RXT eps by date.
-0.15
-127.27%		-0.26
-73.33%		-0.18
30.77%		-0.09
49.50%		0.06
166.67%		0.25
316.67%		N/AN/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		-0.04
41.08%		-0.03
49.50%		-0.01
89.90%		0.03
352.50%		0.02
157.14%		0.01
133.33%		0.05
1,100.00%		0.05
100.00%		0.05
150.00%		0.05
400.00%		0.08
60.00%		0.07
40.00%
Revenue
Q2Q % growth		667.44M
0.31%		667.67M
0.21%		659.91M
-1.68%		669.97M
-1.88%		699.18M
4.76%		698.81M
4.66%		669.45M
1.45%		694.95M
3.73%		729.25M
4.30%		728.6M
4.26%		697.27M
4.16%		728.46M
4.82%
EBITDA
Q2Q % growth		69.256M
95.09%		74.861M
-39.53%		80.83M
-57.48%		82.33M
-72.09%		93.304M
34.72%		92.112M
23.04%		98.627M
22.02%		99.738M
21.14%		108.85M
16.66%		107.59M
16.80%		113.03M
14.60%		107.84M
8.12%
EBIT
Q2Q % growth		7.984M
120.79%		8.454M
133.68%		11.398M
133.62%		19.458M
689.64%		58.812M
636.62%		57.661M
582.06%		67.407M
491.39%		65.711M
237.71%		72.064M
22.53%		70.862M
22.89%		79.75M
18.31%		71.134M
8.25%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

RXT Yearly Revenue VS EstimatesRXT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B
RXT Yearly EPS VS EstimatesRXT Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.2 -0.2 0.4 0.6 0.8

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
50.41%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
2.20%
Revenue Next 5 Year
6.47%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
54.44%
EBIT Next 5 Year
36.11%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

RACKSPACE TECHNOLOGY INC / RXT Forecast FAQ

What is the price target for RXT stock?

10 analysts have analysed RXT and the average price target is 2.21 USD. This implies a price increase of 130.81% is expected in the next year compared to the current price of 0.9575.

When does RACKSPACE TECHNOLOGY INC (RXT) report earnings?

RACKSPACE TECHNOLOGY INC (RXT) will report earnings on 2026-05-06, after the market close.

What are the consensus estimates for RACKSPACE TECHNOLOGY INC (RXT) next earnings?

The consensus EPS estimate for the next earnings of RACKSPACE TECHNOLOGY INC (RXT) is -0.04 USD and the consensus revenue estimate is 667.44M USD.

What is the consensus rating for RACKSPACE TECHNOLOGY INC (RXT) stock?

The consensus rating for RACKSPACE TECHNOLOGY INC (RXT) is 48 / 100 . This indicates that analysts generally have a neutral outlook on the stock.