Rackspace Technology (RXT)

• Market cap: $323M
• 1 day: -1.46%
• 5 days: -3.57%
• 1 month: 12.5%
• 3 months: -0.74%
• 6 months: -30.77%
• Year to date: -38.36%
• 1 year: -45.12%
• 5 years: -92.5%
• 10 years: -91.76%
• Sector: Technology
• Industry: Software - Infrastructure

About: Rackspace Technology Inc is an end-to-end, hybrid, multi cloud technology services company. It designs, builds and operates its customers' cloud environments across all technology platforms, irrespective of technology stack or deployment model. The company's solutions include Application Services; Data; Colocation; Cloud; Managed Hosting; Professional Services; and Security & Compliance. It operates in segments namely, Private Cloud, and Public Cloud. It generates revenue through the sale of consumption-based contracts for its service offerings and from the sale of professional services related to designing and building custom solutions.

Employees: 5,100

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

105% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 21

83% more call options, than puts

Call options by funds: $141K | Put options by funds: $77K

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

1.01% less ownership

Funds ownership: 71.61% [Q1] → 70.61% (-1.01%) [Q2]

18% less funds holding

Funds holding: 111 [Q1] → 91 (-20) [Q2]

25% less capital invested

Capital invested by funds: $287M [Q1] → $215M (-$72.7M) [Q2]

63% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 30

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $1.4
• Avg. target: $1.4
• High target: $1.4

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

BMO Capital Keith Bachman

$1.4

Market Perform Maintained

12 Aug 2025