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Rackspace Technology

RXT

Market cap $762M

2.99 USD

+0.10

3.46%

At close Updated Oct 29, 4:00 PM EDT

Pre-market

After hours

2.83

-0.16

5.35%

1 day

3.46%

5 days

6.03%

1 month

-24.11%

3 months

-20.9%

6 months

103.4%

Year to date

206.89%

1 year

84.57%

5 years

-77.5%

10 years

-81.76%

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 and Compliance. It has two reportable segments: Private Cloud and Public Cloud. Maximum revenue is generated from the Public Cloud segment, which offers cloud solutions through managed services, elastic engineering, and professional services offerings for customer environments hosted on the AWS, Microsoft Azure, and Google Cloud public cloud platforms. Geographically, the company derives its key revenue from the U.S.

Employees: 5,000

Technology Software - Infrastructure

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 0.5%

Neutral 99.2%

Negative 0.3%

HGS Selects Rackspace Technology for Private AI Infrastructure Powered by AMD

HGS becomes first announced GSI customer of Rackspace's Managed Compute and Inference Platform, powered by AMD Multi-year infrastructure and services agreement adds to Rackspace's Enterprise AI growth vector Deployment gives HGS greater control over AI compute, while expanding its ability to deliver private and sovereign-ready cloud solutions to enterprise customers SAN ANTONIO, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today announced that Hinduja Global Solutions (HGS) (listed on BSE & NSE), an intelligent experiences partner, has selected Rackspace to provide the private cloud, AI compute infrastructure, powered by AMD, supporting its strategy to deliver AI-powered intelligent experiences for enterprise customers. The 3-year deployment will begin in December 2026 and will give HGS greater control over AI economics, security and compute while expanding the solutions it can offer enterprise customers in the US and UK.

HGS Selects Rackspace Technology for Private AI Infrastructure Powered by AMD

Rackspace Technology to Report Third Quarter 2026 Financial Results

SAN ANTONIO, Oct. 20, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today announced that it will release its third quarter 2026 financial results after market close on Monday, November 9, 2026. Gajen Kandiah, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on Tuesday, November 10, 2026, at 8:30 a.m.

Rackspace Technology to Report Third Quarter 2026 Financial Results

Rackspace: The Unhealthy Fixation Over GAAP Losses

Rackspace is positioned to capitalize on enterprise AI demand by expanding its high-margin Private Cloud segment and reducing reliance on low-margin Public Cloud. Private Cloud, representing 39% of revenue, delivers a 21.8% operating margin versus Public Cloud's 4.7%, highlighting the strategic shift's profitability. The AMD partnership targets up to 30 MW of AI infrastructure by 2028, potentially adding $450–$600 million in annual revenue at over 50% adjusted EBITDA margin.

Rackspace: The Unhealthy Fixation Over GAAP Losses

Bronstein, Gewirtz & Grossman LLC Urges Rackspace Technology, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

NEW YORK, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Rackspace Technology, Inc. (NASDAQ: RXT) and certain of its officers.

Bronstein, Gewirtz & Grossman LLC Urges Rackspace Technology, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

RXT CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Rackspace Technology (RXT) Investors of Securities Class Action Lawsuit Deadline on September 28, 2026

NEW YORK--(BUSINESS WIRE)---- $RXT #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Rackspace Technology, Inc. (“Rackspace” or the “Company”) (NASDAQ: RXT) and reminds investors of the September 28, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georg.

RXT CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Rackspace Technology (RXT) Investors of Securities Class Action Lawsuit Deadline on September 28, 2026

RXT Investor Alert: Rackspace Technology, Inc. Securities Class Action Notice - Contact Levi & Korsinsky

Disclosure Under Scrutiny: Rackspace's SEC filings allegedly described a general "Business Mix Shift" while, the complaint contends, the Company was already preparing to exit colocation, basic hosting, and low-margin Public Cloud resale lines that would cost $150 million in FY2026 revenue. Disclosure Under Scrutiny: Rackspace's SEC filings allegedly described a general "Business Mix Shift" while, the complaint contends, the Company was already preparing to exit colocation, basic hosting, and low-margin Public Cloud resale lines that would cost $150 million in FY2026 revenue.

RXT Investor Alert: Rackspace Technology, Inc. Securities Class Action Notice - Contact Levi & Korsinsky

DEADLINE TODAY: Rackspace Technology Investors Should Contact Block & Leviton to Possibly Recover Losses

Boston, Massachusetts--(Newsfile Corp. - September 28, 2026) - Block & Leviton reminds investors that a securities fraud lawsuit has been filed against Rackspace Technology (NASDAQ: RXT) and certain of its executives. Investors who have lost money in their Rackspace Technology investment should contact the firm today to learn more about how they might recover those losses.

DEADLINE TODAY: Rackspace Technology Investors Should Contact Block & Leviton to Possibly Recover Losses

RXT Investor Lawsuit: Rackspace Technology Sued for Securities Fraud on behalf of Investors with Losses – Contact BFA Law by September 28 Court Deadline

NEW YORK, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Rackspace Technology, Inc. (NASDAQ:RXT) and certain of the company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

RXT Investor Lawsuit: Rackspace Technology Sued for Securities Fraud on behalf of Investors with Losses – Contact BFA Law by September 28 Court Deadline

Rackspace Technology, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - RXT

NEW YORK, Sept. 28, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Rackspace Technology, Inc. ("Rackspace" or "the Company") (NASDAQ: RXT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Rackspace Technology, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - RXT

RXT Investors Have Opportunity to Lead Rackspace Technology, Inc. Securities Fraud Lawsuit with SBS Law

LOS ANGELES, Sept. 28, 2026 /PRNewswire/ -- Schall, Brown & Schwartz LLP ("SBS"), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Rackspace Technology, Inc. ("Rackspace" or "the Company") (NASDAQ: RXT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

RXT Investors Have Opportunity to Lead Rackspace Technology, Inc. Securities Fraud Lawsuit with SBS Law

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