$1.13
-0.07-5.83%
At close: -
$1.12
-0.00990-0.88%
After Hours: 5:01 PM EDT
Comments
Loading...
Rackspace Technology Analyst Ratings and Price Targets | NASDAQ:RXT | Benzinga
Rackspace Technology Inc has a consensus price target of $2.96 based on the ratings of 11 analysts. The high is $6 issued by Deutsche Bank on August 10, 2022. The low is $1 issued by Barclays on April 25, 2025. The 3 most-recent analyst ratings were released by RBC Capital, UBS, and Barclays on May 12, 2025, May 9, 2025, and April 25, 2025, respectively. With an average price target of $1.63 between RBC Capital, UBS, and Barclays, there's an implied 45.82% upside for Rackspace Technology Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
RBC Capital
UBS
Barclays
Raymond James
BMO Capital
1calculated from analyst ratings
Analyst Ratings for Rackspace Technology
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/12/2025 | Buy Now | 78.56% | RBC Capital | Daniel Perlin62% | $3 → $2 | Maintains | Sector Perform | Get Alert |
| 05/09/2025 | Buy Now | 69.63% | UBS | Kevin Mcveigh53% | $2.95 → $1.9 | Maintains | Neutral | Get Alert |
| 04/25/2025 | Buy Now | -10.72% | Barclays | Ramsey El-Assal67% | $2 → $1 | Maintains | Underweight | Get Alert |
| 11/18/2024 | Buy Now | 78.56% | Barclays | Ramsey El-Assal67% | $1 → $2 | Maintains | Underweight | Get Alert |
| 08/16/2024 | Buy Now | 105.34% | UBS | Kevin Mcveigh53% | $2.1 → $2.3 | Maintains | Neutral | Get Alert |
| 03/13/2024 | Buy Now | 167.83% | RBC Capital | Daniel Perlin62% | $3 → $3 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 03/13/2024 | Buy Now | 167.83% | Raymond James | Frank Louthan54% | $3.5 → $3 | Maintains | Outperform | Get Alert |
| 03/13/2024 | Buy Now | 123.19% | BMO Capital | Keith Bachman82% | $1.5 → $2.5 | Maintains | Market Perform | Get Alert |
| 03/13/2024 | Buy Now | 78.56% | Evercore ISI Group | Amit Daryanani76% | $3 → $2 | Maintains | In-Line | Get Alert |
| 11/20/2023 | Buy Now | 11.6% | Citigroup | Ashwin Shirvaikar48% | $1.5 → $1.25 | Maintains | Sell | Get Alert |
| 11/07/2023 | Buy Now | 24.99% | UBS | Kevin Mcveigh53% | → $1.4 | Initiates | → Neutral | Get Alert |
| 10/23/2023 | Buy Now | -10.72% | Barclays | Ramsey El-Assal67% | $2 → $1 | Maintains | Underweight | Get Alert |
| 09/19/2023 | Buy Now | 212.47% | Raymond James | Frank Louthan54% | → $3.5 | Upgrade | Market Perform → Outperform | Get Alert |
| 08/09/2023 | Buy Now | 123.19% | BMO Capital | Keith Bachman82% | $1.5 → $2.5 | Maintains | Market Perform | Get Alert |
| 08/09/2023 | Buy Now | 346.39% | Credit Suisse | Kevin Mcveigh53% | $4.15 → $5 | Maintains | Outperform | Get Alert |
| 08/07/2023 | Buy Now | 270.5% | Credit Suisse | Kevin Mcveigh53% | $3.5 → $4.15 | Maintains | Outperform | Get Alert |
| 07/25/2023 | Buy Now | 78.56% | Barclays | Ramsey El-Assal67% | $1 → $2 | Maintains | Underweight | Get Alert |
| 07/25/2023 | Buy Now | 33.92% | Citigroup | Ashwin Shirvaikar48% | $1.25 → $1.5 | Downgrade | Neutral → Sell | Get Alert |
| 05/15/2023 | Buy Now | -10.72% | Barclays | Ramsey El-Assal67% | $1.5 → $1 | Maintains | Underweight | Get Alert |
| 05/11/2023 | Buy Now | 167.83% | RBC Capital | Daniel Perlin62% | $4 → $3 | Maintains | Sector Perform | Get Alert |
| 05/01/2023 | Buy Now | 212.47% | Credit Suisse | Kevin Mcveigh53% | $4.6 → $3.5 | Maintains | Outperform | Get Alert |
| 04/24/2023 | Buy Now | 33.92% | Barclays | Ramsey El-Assal67% | $2 → $1.5 | Maintains | Underweight | Get Alert |
| 02/23/2023 | Buy Now | 444.59% | Credit Suisse | Kevin Mcveigh53% | $8 → $6.1 | Maintains | Outperform | Get Alert |
| 02/23/2023 | Buy Now | 257.11% | RBC Capital | Daniel Perlin62% | $6 → $4 | Maintains | Sector Perform | Get Alert |
| 02/23/2023 | Buy Now | 212.47% | BMO Capital | Keith Bachman82% | $6 → $3.5 | Maintains | Market Perform | Get Alert |
| 12/19/2022 | Buy Now | 78.56% | Barclays | Ramsey El-Assal67% | $4 → $2 | Maintains | Underweight | Get Alert |
| 11/17/2022 | Buy Now | 614.22% | Credit Suisse | Kevin Mcveigh53% | $7 → $8 | Maintains | Outperform | Get Alert |
| 11/10/2022 | Buy Now | 524.94% | Credit Suisse | Kevin Mcveigh53% | $8 → $7 | Maintains | Outperform | Get Alert |
| 10/03/2022 | Buy Now | 257.11% | Barclays | Ramsey El-Assal67% | $5 → $4 | Maintains | Underweight | Get Alert |
| 08/16/2022 | Buy Now | 346.39% | JP Morgan | Tien-Tsin Huang64% | $7 → $5 | Downgrade | Neutral → Underweight | Get Alert |
| 08/11/2022 | Buy Now | — | William Blair | Jim Breen50% | — | Downgrade | Outperform → Market Perform | Get Alert |
| 08/11/2022 | Buy Now | 524.94% | RBC Capital | Daniel Perlin62% | $9 → $7 | Downgrade | Outperform → Sector Perform | Get Alert |
| 08/10/2022 | Buy Now | 524.94% | BMO Capital | Keith Bachman82% | $10.5 → $7 | Maintains | Market Perform | Get Alert |
| 08/10/2022 | Buy Now | 435.67% | Deutsche Bank | Bryan Keane69% | $9 → $6 | Maintains | Hold | Get Alert |
| 08/10/2022 | Buy Now | 792.78% | Credit Suisse | Kevin Mcveigh53% | $12 → $10 | Maintains | Outperform | Get Alert |
| 08/10/2022 | Buy Now | 703.5% | RBC Capital | Daniel Perlin62% | $16 → $9 | Maintains | Outperform | Get Alert |
| 08/10/2022 | Buy Now | — | Raymond James | Frank Louthan54% | — | Downgrade | Outperform → Market Perform | Get Alert |
| 07/15/2022 | Buy Now | 346.39% | Barclays | Ramsey El-Assal67% | → $5 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 06/28/2022 | Buy Now | 792.78% | Evercore ISI Group | Amit Daryanani76% | $11 → $10 | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Rackspace Technology (RXT) stock?
The latest price target for Rackspace Technology (NASDAQ:RXT) was reported by RBC Capital on May 12, 2025. The analyst firm set a price target for $2.00 expecting RXT to rise to within 12 months (a possible 78.56% upside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Rackspace Technology (RXT)?
The latest analyst rating for Rackspace Technology (NASDAQ:RXT) was provided by RBC Capital, and Rackspace Technology maintained their sector perform rating.
When was the last upgrade for Rackspace Technology (RXT)?
The last upgrade for Rackspace Technology Inc happened on September 19, 2023 when Raymond James raised their price target to $3.5. Raymond James previously had a market perform for Rackspace Technology Inc.
When was the last downgrade for Rackspace Technology (RXT)?
The last downgrade for Rackspace Technology Inc happened on July 25, 2023 when Citigroup changed their price target from $1.25 to $1.5 for Rackspace Technology Inc.
When is the next analyst rating going to be posted or updated for Rackspace Technology (RXT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rackspace Technology, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rackspace Technology was filed on May 12, 2025 so you should expect the next rating to be made available sometime around May 12, 2026.
Is the Analyst Rating Rackspace Technology (RXT) correct?
While ratings are subjective and will change, the latest Rackspace Technology (RXT) rating was a maintained with a price target of $3.00 to $2.00. The current price Rackspace Technology (RXT) is trading at is $1.12, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
