RXT

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NEW: Price Reaction to Earnings Reports

View detailed tables showing price action before and after earnings announcements, ranging from intraday to one week out. Track how the market has reacted to past earnings to identify patterns and predict future behavior. Click here to open.

Dollar change -0.08
Percentage change -3.20	%

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Index	RUT	P/E	-	EPS (ttm)	-3.50	Insider Own	73.19%	Shs Outstand	227.60M	Perf Week	-6.56%
Market Cap	533.10M	Forward P/E	-	EPS next Y	-0.11	Insider Trans	-0.40%	Shs Float	61.02M	Perf Month	-20.13%
Income	-774.20M	PEG	-	EPS next Q	-0.04	Inst Own	17.16%	Short Float	7.68%	Perf Quarter	-1.63%
Sales	2.77B	P/S	0.19	EPS this Y	-83.47%	Inst Trans	-9.27%	Short Ratio	6.15	Perf Half Y	-3.97%
Book/sh	-4.17	P/B	-	EPS next Y	59.41%	ROA	-20.85%	Short Interest	4.68M	Perf Year	42.35%
Cash/sh	0.71	P/C	3.39	EPS next 5Y	-	ROE	-352.76%	52W Range	1.45 - 3.41	Perf YTD	21.00%
Dividend Est.	-	P/FCF	-	EPS past 5Y	-11.03%	ROI	-34.37%	52W High	-29.01%	Beta	2.00
Dividend TTM	-	Quick Ratio	0.84	Sales past 5Y	4.01%	Gross Margin	14.45%	52W Low	66.90%	ATR (14)	0.16
Dividend Ex-Date	-	Current Ratio	0.84	EPS Y/Y TTM	30.83%	Oper. Margin	-5.34%	RSI (14)	43.64	Volatility	4.93% 7.12%
Employees	5800	Debt/Eq	-	Sales Y/Y TTM	-8.37%	Profit Margin	-27.94%	Recom	3.17	Target Price	2.89
Option/Short	Yes / Yes	LT Debt/Eq	-	EPS Q/Q	21.44%	Payout	-	Rel Volume	0.66	Prev Close	2.50
Sales Surprise	0.10%	EPS Surprise	46.09%	Sales Q/Q	-7.73%	Earnings	Nov 12 AMC	Avg Volume	761.89K	Price	2.42
SMA20	-4.34%	SMA50	-6.52%	SMA200	6.90%	Trades		Volume	504,418	Change	-3.20%

Date	Action	Analyst	Rating Change	Price Target Change
Nov-07-23	Initiated	UBS	Neutral	$1.40
Sep-19-23	Upgrade	Raymond James	Mkt Perform → Outperform	$3.50
Jul-25-23	Downgrade	Citigroup	Neutral → Sell	$1.25 → $1.50
Oct-11-22	Downgrade	Evercore ISI	Outperform → In-line	$9 → $5
Aug-16-22	Downgrade	JP Morgan	Neutral → Underweight	$7 → $5
Aug-11-22	Downgrade	RBC Capital Mkts	Outperform → Sector Perform	$9 → $7
Aug-10-22	Downgrade	William Blair	Outperform → Mkt Perform
Aug-10-22	Downgrade	Raymond James	Outperform → Mkt Perform
Jul-15-22	Downgrade	Barclays	Equal Weight → Underweight	$5
May-11-22	Upgrade	Raymond James	Mkt Perform → Outperform	$12
Apr-08-22	Downgrade	Oppenheimer	Outperform → Perform
Feb-23-22	Reiterated	RBC Capital Mkts	Outperform	$24 → $18
Feb-23-22	Reiterated	Oppenheimer	Outperform	$28 → $18
Feb-23-22	Reiterated	Credit Suisse	Outperform	$25 → $19
Feb-23-22	Reiterated	Citigroup	Buy	$20 → $16
Feb-23-22	Downgrade	Deutsche Bank	Buy → Hold	$9
Feb-23-22	Downgrade	BMO Capital Markets	Outperform → Market Perform	$18 → $10.50
Aug-17-21	Downgrade	JP Morgan	Overweight → Neutral	$18
Aug-13-21	Downgrade	Barclays	Overweight → Equal Weight	$25 → $15
Aug-12-21	Downgrade	Raymond James	Strong Buy → Mkt Perform

Show Previous Ratings

Dec-03-24 08:50AM	Rackspace (RXT) Is Attractively Priced Despite Fast-paced Momentum (Zacks) -6.42%
Nov-28-24 02:11AM	Rackspace Technology (RXT) Accelerates Growth in Healthcare and BFSI with Strategic Moves (Insider Monkey)
Nov-25-24 05:54PM	Rackspace Technology to Participate in the UBS Global Technology and AI Conference (GlobeNewswire)
Nov-20-24 11:13AM	Rackspace Technology Launches Adaptive Cloud Manager to Support Rapid Growth of Hybrid Cloud Deployments (GlobeNewswire)
Nov-15-24 08:50AM	Rackspace (RXT) Shows Fast-paced Momentum But Is Still a Bargain Stock (Zacks) -9.02%
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Nov-14-24 11:05AM	Rackspace Technology Delivers One of the Largest Third-Party Epic Cloud Deployments for AdventHealth, Covering 53 Hospitals across Nine States (GlobeNewswire) -12.21%
09:20AM	JBi Digital chooses Rackspace Sovereign Government Cloud for its pursuit of new customers in the UK government services sector (GlobeNewswire)
Nov-13-24 07:45AM	Q3 2024 Rackspace Technology Inc Earnings Call (Thomson Reuters StreetEvents) +5.94%
02:23AM	Rackspace Technology Inc (RXT) Q3 2024 Earnings Call Highlights: Strong Performance Amidst ... (GuruFocus.com)
Nov-12-24 06:20PM	Rackspace (RXT) Reports Q3 Loss, Tops Revenue Estimates (Zacks)
05:25PM	Rackspace: Q3 Earnings Snapshot (Associated Press Finance)
04:15PM	Rackspace Technology Reports Third Quarter 2024 Results (GlobeNewswire)
Nov-11-24 07:14AM	Rackspace Technology Inc (RXT) Q3 2024: Everything You Need To Know Ahead Of Earnings (GuruFocus.com)
Nov-05-24 11:05AM	Rackspace Technology Joins AWS Generative AI Partner Innovation Alliance (GlobeNewswire) +6.67%
Nov-04-24 11:05AM	Rackspace Technology Launches On-Demand GPU-as-a-Service Powered by NVIDIA Accelerated Computing (GlobeNewswire)
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Oct-30-24 11:05AM	Rackspace Technology Signs Multi-Year, Strategic Collaboration Agreement with AWS to Deliver Accelerated Digital Transformation for Customers (GlobeNewswire)
Oct-28-24 11:05AM	Rackspace Technology Achieves AWS Small and Medium Business Competency (GlobeNewswire)
Oct-23-24 04:18PM	Rackspace Technology to Announce Third Quarter 2024 Earnings on November 12, 2024 (GlobeNewswire)
11:35AM	Rackspace Technology Positioned as a Leader in Four Categories of 2024 ISG Provider Lens AWS Ecosystem Partners Report (GlobeNewswire)
Oct-22-24 11:15AM	Rackspace Technology Strengthens Commitment to Global OpenStack Community with Board of Directors' Seat on OpenInfra Foundation (GlobeNewswire)
Oct-09-24 06:03PM	Rackspace Technology Inc (RXT) Q2 2024 Earnings Call Highlights: Exceeding Guidance and ... (GuruFocus.com) +6.46%
Sep-17-24 12:00PM	Rackspace Technology Announces Offer to Drive Rapid Migrations to AWS (GlobeNewswire)
Sep-12-24 10:27AM	Rackspace Technology Works with CAS to Accelerates Scientific Breakthroughs by Modernizing its OpenStack Private Cloud, Achieving Cost Savings, System Optimization, and Consistency (GlobeNewswire)
Aug-26-24 11:05AM	Rackspace Introduces On-demand Software as a Service to Seamlessly Simulate Complex Environments (GlobeNewswire)
Aug-20-24 09:00AM	Rackspace Technology Delivers on Long-standing Commitment to OpenStack Community with Launch of OpenStack Enterprise (GlobeNewswire)
Aug-14-24 11:05AM	Rackspace Technology Helps TrueData Achieve Cloud Cost Reduction on AWS (GlobeNewswire) -9.38%
Aug-09-24 07:25AM	Q2 2024 Rackspace Technology Inc Earnings Call (Thomson Reuters StreetEvents)
Aug-08-24 06:00PM	Rackspace (RXT) Reports Q2 Loss, Tops Revenue Estimates (Zacks) +5.66%
04:54PM	Rackspace: Q2 Earnings Snapshot (Associated Press Finance)
04:15PM	Rackspace Technology Reports Second Quarter 2024 Results (GlobeNewswire)
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Jul-22-24 04:22PM	Rackspace Technology to Announce Second Quarter 2024 Earnings August 8, 2024 (GlobeNewswire)
Jul-16-24 03:00AM	Basware chooses Foundry for AI by Rackspace to Simplify Coding of Proprietary Data Integration Processing Language (GlobeNewswire) +5.10%
Jul-09-24 11:05AM	Rackspace Technology Named a Major Player in IDC MarketScape for Worldwide Cloud Professional Services (GlobeNewswire)
Jun-25-24 11:05AM	Rackspace Technology and Mendix Partnership Demonstrates Commitment to Leveraging Innovative Technologies to Transform Businesses and New Growth Opportunities for Customers (GlobeNewswire)
Jun-19-24 06:20AM	7 Russell 2000 Stocks to Buy Now: June 2024 (InvestorPlace)
Jun-18-24 09:00AM	Foundry for AI by Rackspace (FAIR) Marks First Anniversary with Human-Centered AI Solutions Deployed Across 40+ Companies (GlobeNewswire)
Jun-12-24 11:05AM	Rackspace Technology Recognized as a Leader in Frost Radar: Healthcare Enterprise Cloud Managed Services Providers, 2024 for Growth Potential and Innovation in Healthcare Enterprise (GlobeNewswire)
Jun-04-24 11:05AM	Rackspace Technology Enhances User Experience and Operational Performance for Sharestates through AWS Cloud Modernization (GlobeNewswire)
May-28-24 11:21AM	Rackspace Technology Cloud Solutions Transforms Video Content Management for Young Hollywood (GlobeNewswire)
May-23-24 11:05AM	Rackspace Technology Further Establishes Market Leadership by Being Named Dell Technologies Global Alliances Service Provider of the Year, Americas (GlobeNewswire)
May-16-24 11:05AM	Rackspace Technology Epic Infrastructure Managed Services Increases Seattle Children's Epic Electronic Health Record Availability (GlobeNewswire)
May-15-24 06:39PM	Rackspace: Q1 Earnings Snapshot (Associated Press Finance)
May-10-24 03:00PM	Rackspace Technology, Inc. (NASDAQ:RXT) Q1 2024 Earnings Call Transcript (Insider Monkey)
02:57PM	Rackspace Technology Inc. Reports First Quarter 2024 Earnings: A Detailed Analysis (GuruFocus.com)
10:58AM	UBS Raises Price Target on Rackspace Technology to $1.80 From $1.65, Keeps Neutral Rating (MT Newswires)
May-09-24 04:15PM	Rackspace Technology Reports First Quarter 2024 Results (GlobeNewswire) +5.38%
Apr-24-24 04:18PM	Rackspace Technology to Announce First Quarter 2024 Earnings May 9, 2024 (GlobeNewswire)
Apr-23-24 11:09AM	Foundry for AI by Rackspace (FAIR) Partners with OhioX to Drive Responsible AI Adoption in Ohio (GlobeNewswire)
Apr-12-24 07:09PM	Rackspace Technology Announces Final Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028 (GlobeNewswire)
Apr-07-24 11:54PM	GLP Works with Foundry for AI by Rackspace (FAIR) Experts to Integrate Microsoft Azure OpenAI Service to Drive Innovative Asset Management Strategies (GlobeNewswire)
Apr-02-24 11:15AM	Rackspace Technology Participates in Google Cloud Next as a Signature Sponsor to Showcase the Company's Google Cloud Offerings and Partnerships (GlobeNewswire) +6.49%
Mar-29-24 05:11PM	Rackspace Technology Announces Increase to Late Exchange Consideration for Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028 (GlobeNewswire)
Mar-28-24 06:44PM	Rackspace Technology Announces Early Tender Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028 (GlobeNewswire)
Mar-27-24 04:00AM	Rackspace Technology Launches Rackspace UK Sovereign Services for Secure, Cost-Effective Workloads in the UK Public Sector and Regulated Services (GlobeNewswire) +6.76%
Mar-26-24 09:05AM	AI Transitioning from Ideation to Industrialization for Critical Business Operations, According to New Rackspace Technology FAIR 2024 AI Research (GlobeNewswire)
Mar-20-24 04:00AM	Rackspace Technology Migrates IFCO to Microsoft Azure for Cost Optimisation and Enhanced Flexibility to Support its Growth Agenda (GlobeNewswire) +5.56%
Mar-19-24 11:05AM	Rackspace Technology Introduces Rackspace SPOT, Cloud Infrastructure Auctioned in a Real-time Open Market and Delivered as Turnkey, Fully Managed Kubernetes Clusters (GlobeNewswire)
Mar-14-24 04:15PM	Rackspace Technology Announces Launch of Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028 (GlobeNewswire) -8.12%
Mar-13-24 08:35AM	Rackspace Technology, Inc. (NASDAQ:RXT) Q4 2023 Earnings Call Transcript (Insider Monkey) -19.23%
06:58AM	Q4 2023 Rackspace Technology Inc Earnings Call (Thomson Reuters StreetEvents)
05:31AM	Rackspace Technology Inc (RXT) Reports Decline in Q4 and Full Year 2023 Revenue (GuruFocus.com)
Mar-12-24 05:55PM	Rackspace (RXT) Reports Q4 Loss, Tops Revenue Estimates (Zacks) +5.24%
04:59PM	Rackspace: Q4 Earnings Snapshot (Associated Press Finance)
04:15PM	Rackspace Technology Reports Fourth Quarter and Full Year 2023 Results (GlobeNewswire)
04:15PM	Rackspace Technology Announces Refinancing Transactions, Significantly Reducing Debt and Securing New Money Investment (GlobeNewswire)
12:31PM	Rackspace Technology Nears Restructuring Deal With Creditors (Bloomberg)
Mar-11-24 10:17AM	Rackspace Technology Participates in Cloud Nirvana Spring 2024 Conference on Designing, Implementing and Executing Enterprise Hybrid and Multicloud Strategies (GlobeNewswire)
Mar-07-24 06:13PM	Rackspace Technology to Announce Fourth Quarter and Full Year 2023 Earnings on March 12, 2024 (GlobeNewswire) +5.98%
Mar-06-24 02:37PM	Rackspace Technology Achieves the AWS Generative AI Competency (GlobeNewswire)
Feb-21-24 11:16AM	Rackspace Technology Participates in ViVE 2024 to Discuss Healthcare Technology Interoperability and Revolutionizing Digital Health Strategies (GlobeNewswire)
10:05AM	Rackspace Technology Named a Major Player in IDC MarketScape: Canadian Managed Multicloud Services 2024 Vendor Assessment (GlobeNewswire)
Feb-14-24 09:57AM	ISG Provider Lens ranks Rackspace Technology three times among the leaders in the AWS partner ecosystem in Germany (GlobeNewswire) +5.23%
Feb-13-24 11:05AM	Foundry for AI by Rackspace Launches a Two-step Flight Plan for Copilot for Microsoft 365 (GlobeNewswire) -6.52%
Feb-08-24 08:30AM	Rackspace Technology Appoints Experienced and Seasoned Executive Mark Gross to Board of Directors (GlobeNewswire)
Jan-23-24 01:35PM	Rackspace Technology Releases Commitment to Sustainability Report (GlobeNewswire)
Jan-18-24 03:05AM	Rackspace Technology and Google Cloud AI Enable BMG to Process Royalties Ten Times Faster than Before (GlobeNewswire)
Jan-17-24 11:17AM	Rackspace Technology Introduces AI Anywhere, a Cutting-edge Private Cloud Solution Harnessing the Power of Artificial Intelligence and Machine Learning in a Secure Hosting Environment (GlobeNewswire)
Jan-16-24 11:05AM	Rackspace Introduces Intelligent Co-worker for the Enterprise Accelerator on AWS Marketplace (GlobeNewswire)
Jan-12-24 08:30AM	Rackspace Technology Promotes Mark Marino to Chief Financial Officer (GlobeNewswire)
Jan-09-24 12:19PM	Rackspace Technology Elevates Database Management with Rackspace Cloud Database Ops for AWS (GlobeNewswire) -5.62%
Jan-05-24 08:50AM	Here Is Why Bargain Hunters Would Love Fast-paced Mover Rackspace (RXT) (Zacks)
Jan-04-24 12:00PM	All You Need to Know About Rackspace (RXT) Rating Upgrade to Buy (Zacks)
Dec-21-23 09:20AM	3 Stocks to Sell to Get a Fresh Start in 2024 (InvestorPlace) +10.43%
Dec-12-23 11:05AM	Rackspace Technology Launches SDDC Enterprise and Business for SAP with VMware Virtualized Compute, Storage, Networking and Cloud Management (GlobeNewswire)
Dec-11-23 09:12AM	Artificial Intelligence (AI) and Cloud Transformation Dominate IT Investment Priorities for 2024, According to the New Rackspace Technology Survey, in Association with VMware (GlobeNewswire) +8.18%
Dec-01-23 09:05AM	Insider Sell Alert: EVP, President, Public Cloud Dharmendra Sinha Sells 91,066 Shares of ... (GuruFocus.com) +16.67%
Nov-30-23 06:00AM	Radware Announces New Appointment to Its Board of Directors (GlobeNewswire) -7.35%
Nov-27-23 10:05PM	Rackspace Technology Wins Three 2023 AWS Partner Awards (GlobeNewswire) -5.26%
Nov-24-23 08:16PM	Insider Sell Alert: CEO Amar Maletira Sells 110,502 Shares of Rackspace Technology Inc (RXT) (GuruFocus.com)
Nov-21-23 11:27AM	Rackspace Technology to Showcase Purpose-built Generative Artificial Intelligence (AI) Applications from Foundry for AI by Rackspace (FAIR) at AWS re:Invent (GlobeNewswire) -7.53%
Nov-09-23 11:10AM	Rackspace Technology Participates in Microsoft Ignite to Showcase the Company's Microsoft Offerings and Partnerships (GlobeNewswire)
Nov-08-23 02:42PM	Rackspace Technology, Inc. (NASDAQ:RXT) Q3 2023 Earnings Call Transcript (Insider Monkey)
11:45AM	Rackspace Technology Named CRN 2023 IoT Innovator Award Winner for Fueling the Real-World Data Revolution (GlobeNewswire)
08:12AM	Q3 2023 Rackspace Technology Inc Earnings Call (Thomson Reuters StreetEvents)
Nov-07-23 06:40PM	Rackspace: Q3 Earnings Snapshot (Associated Press Finance)
05:00PM	Rackspace Technology Inc (RXT) Reports Decline in Q3 Revenue and Earnings Amid Market Challenges (GuruFocus.com)
04:10PM	Rackspace Technology Reports Third Quarter 2023 Results (GlobeNewswire)
Oct-31-23 11:35AM	Rackspace Technology Launches Rackspace Managed Cloud, Revolutionizing Multi and Hybrid Cloud Management (GlobeNewswire)
Oct-23-23 04:10PM	Rackspace Technology to Announce Third Quarter 2023 Earnings on Tuesday, November 7, 2023 (GlobeNewswire)
Oct-18-23 12:54PM	Foundry for AI by Rackspace Partners with Straits Interactive to Launch AI Data Protection Officer on Microsoft Azure OpenAI Service (GlobeNewswire) -6.94%

Rackspace Technology, Inc. engages in the provision of end-to-end multi-cloud technology services. The firm designs, builds and operates its customers' cloud environments across technology platforms. It operates through the following segments: Multicloud Services and Apps & Cross Platform. The Multicloud Services segment includes public and private cloud managed services offerings, as well as professional services related to designing and building multicloud solutions and cloud-native applications. The Apps & Cross Platform segment includes managed applications, managed security and data services, as well as professional services related to designing and implementing application, security and data services. The company was founded on July 21, 2016 and is headquartered in San Antonio, TX.

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Roberts Anthony C.	Director	Dec 06 '24	Buy	2.60	19,455	50,583	161,930	Dec 09 07:14 PM
Koushik Srini	President, Technology	Dec 03 '24	Sale	2.54	8,028	20,391	1,018,251	Dec 05 09:16 PM
SINHA DHARMENDRA KUMAR	EVP, President, Public Cloud	Dec 03 '24	Sale	2.54	23,357	59,327	2,311,309	Dec 05 09:16 PM
Lillie Brian	EVP, President Private Cloud	Dec 03 '24	Sale	2.54	20,165	51,219	1,987,623	Dec 05 09:15 PM
Maletira Amar	Chief Executive Officer	Dec 03 '24	Sale	2.54	55,461	140,871	4,928,523	Dec 05 09:15 PM
TEAL-GUESS KELLIE	Chief Human Resources Officer	Dec 03 '24	Sale	2.54	6,993	17,762	889,228	Dec 05 09:15 PM
Koushik Srini	Chief Technology Officer	Nov 29 '24	Sale	2.67	19,470	51,985	1,026,279	Dec 03 09:25 PM
SINHA DHARMENDRA KUMAR	EVP, President, Public Cloud	Nov 29 '24	Sale	2.67	88,548	236,423	2,334,166	Dec 03 09:24 PM
Maletira Amar	Chief Executive Officer	Oct 01 '24	Sale	2.37	91,863	217,715	5,066,536	Oct 02 06:44 PM
Maletira Amar	Chief Executive Officer	Sep 30 '24	Sale	2.42	84,823	205,272	5,158,399	Oct 02 06:44 PM
Maletira Amar	Chief Executive Officer	Oct 02 '24	Sale	2.37	82,552	195,648	4,983,984	Oct 02 06:44 PM
Maletira Amar	Chief Executive Officer	Aug 21 '24	Sale	2.35	52,206	122,684	5,347,434	Aug 22 07:14 PM
Koushik Srini	Chief Technology Officer	Aug 20 '24	Sale	2.39	7,740	18,499	1,068,936	Aug 22 07:13 PM
SINHA DHARMENDRA KUMAR	EVP, President, Public Cloud	Jul 25 '24	Sale	2.36	149,249	352,228	2,466,593	Jul 26 09:49 PM
TEAL-GUESS KELLIE	Chief Human Resources Officer	May 16 '24	Sale	2.13	61,393	130,767	909,775	May 20 09:21 PM
Maletira Amar	Chief Executive Officer	Feb 20 '24	Sale	1.92	37,446	71,930	4,638,423	Feb 22 08:35 PM
Lillie Brian	EVP, President Private Cloud	Jan 25 '24	Sale	1.62	139,701	226,316	1,608,258	Jan 29 08:39 PM
Marino Mark A.	Chief Financial Officer	Jan 25 '24	Sale	1.62	12,316	19,952	248,101	Jan 29 08:38 PM
Koushik Srini	Chief Technology Officer	Dec 18 '23	Sale	1.74	9,782	17,021	793,367	Dec 20 06:49 PM

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Rackspace Technology Inc

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