Rackspace Technology Analyst Price Targets

Wall Street analyst price targets and consensus rating for Rackspace Technology (RXT).

Price Target Range — 9 Quarters

Analyst Consensus — 7 Analysts

5Hold

2Sell

Consensus RatingSector Perform# Analysts7Avg. Consensus PT$2Upside to Avg. PT-51.4%

Rating Trend — Last 9 Months

Recent Analyst Actions

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Jun 17, 2026	RBC Capital	David Paige	PT Raise	Sector Perform	$3→$4
Feb 27, 2026	RBC Capital	Daniel Perlin	PT Raise	Sector Perform	$2→$3
Nov 10, 2025	RBC Capital	Daniel R. Perlin	PT Cut	Sector Perform	$2→$2
Aug 12, 2025	BMO Capital	Keith Bachman	PT Cut	Market Perform	$2→$1
Jun 2, 2025	Raymond James	Frank Louthan	Downgrade	Outperform→Market Perform	—
May 12, 2025	RBC Capital	Daniel Perlin	PT Cut	Sector Perform	$3→$2
May 9, 2025	UBS	Kevin Mcveigh	PT Cut	Neutral	$3→$2
Apr 25, 2025	Barclays	Ramsey El-Assal	PT Cut	Underweight	$2→$1
Nov 18, 2024	Barclays	Ramsey El-Assal	PT Raise	Underweight	$1→$2
Aug 16, 2024	UBS	Kevin Mcveigh	PT Raise	Neutral	$2→$2
Mar 13, 2024	RBC Capital	Daniel Perlin	Maintained	Sector Perform	$3
Mar 13, 2024	Raymond James	Frank Louthan	PT Cut	Outperform	$4→$3
Mar 13, 2024	BMO Capital	Keith Bachman	PT Raise	Market Perform	$2→$3
Mar 13, 2024	Evercore ISI Group	Amit Daryanani	PT Cut	In-Line	$3→$2
Nov 20, 2023	Citigroup	Ashwin Shirvaikar	PT Cut	Sell	$2→$1
Nov 7, 2023	UBS	Kevin Mcveigh	Initiate	Neutral	$1
Oct 23, 2023	Barclays	Ramsey El-Assal	PT Cut	Underweight	$2→$1

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