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Rackspace Technology (RXT): analyst forecast and price target
Analyst consensus
Hold0 Buy2 Hold0 Sell
Ratings of 2 analysts in the last 3 months12-month forecast
Based on 2 price targets given in the last 3 months, the average target is $4.65, the highest $5.30, the lowest $4.00. The average is +64.6% from the last price of $2.83.
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| AI xAi Software - InfrastructurexAI Grok-4 | TipRanks - xAI | $3.00 → $2.50−16.7% | Hold | −11.5% | Reiterated | 17.10.26on TipRanks 07:06 | — | |
| AI DeepSeek Software - InfrastructureDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $3.00 → $2.50−16.7% | Hold | −11.5% | Reiterated | 17.10.26on TipRanks 07:06 | — | |
| AI OpenAI Software - InfrastructureOpenAI 5.2 | TipRanks - OpenAI | $3.00 → $2.50−16.7% | Hold | −11.5% | Reiterated | 17.10.26on TipRanks 07:06 | — | |
| AI Anthropic Software - InfrastructureAnthropic Opus-4.6 | TipRanks - Anthropic | $3.00 → $2.50−16.7% | Sell | −11.5% | Downgrade | 17.10.26on TipRanks 07:06 | — | |
| AI Google Software - InfrastructureGemini 3-pro | TipRanks - Google | $3.00 → $2.50−16.7% | Hold | −11.5% | Reiterated | 17.10.26on TipRanks 07:06 | — | |
| AI PerPlexity Software - InfrastructurePerPlexity SonarPro | TipRanks - PerPlexity | $3.00 → $2.50−16.7% | Hold | −11.5% | Reiterated | 17.10.26on TipRanks 07:06 | — | |
| Kevin Mcveigh★★★★★★★★★★#3009 · hits 54% · avg +4.2% | UBS | $5.30 | Hold | +87.6% | Reiterated | 17.08.26on TipRanks 08:55 | −5.7%next day −10.2% · 5 days −19.8% | ↗ |
| David Paige★★★★★★★★★★#882 · hits 86% · avg +39.8% | RBC Capital | $4.00 | Hold | +41.6% | Reiterated | 11.08.26on TipRanks Aug 12 07:05 | −7.7%next day +6.4% · 5 days −18.7% | ↗ |
| Keith Bachman★★★★★★★★★★#1304 · hits 53% · avg +8.0% | BMO Capital | $5.00 | Hold | +77.0% | Reiterated | 14.07.26on TipRanks Jul 13 12:21 | −14.6%next day +2.5% · 5 days −3.9% | ↗ |
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The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included
Best analysts covering Rackspace Technology
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $4.77 at a price of $3.73 (+28.0%); now: $4.65 at $2.83 (+64.6%).
PriceAverage targetTop analysts’ target
Recommendation trend
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 4 | 7 | 7 | 5 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Earnings and sales forecast
Next report: 11.11.26 (Q3 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $-0.08 (from $-0.10 to $-0.06). Last quarter: $-0.08.
Sales
Next quarter’s sales estimate — $574M (from $572M to $577M). Last quarter: $670M.
Best top-analyst consensus in the sector · Technology
About Rackspace Technology
- CEO: Gajen Kandiah
- Employees: 5,000
- 19122 US Highway 281N, San Antonio, TX, 78258-7667, US
- www.rackspace.com
Rackspace Technology, Inc. is a global provider specializing in multi-cloud technology services. The company organizes its business into two primary divisions: Multicloud Services and Apps & Cross Platform. Through its Multicloud Services division, Rackspace offers comprehensive managed services for both public and private cloud environments. These services empower clients to identify, oversee, and fine-tune their ideal infrastructure, platforms, and associated services. This segment also delivers expert professional assistance for architecting and deploying multi-cloud strategies and modern cloud-native applications. The Apps & Cross Platform segment encompasses managed application services, along with extensive managed security offerings. These security services span threat identification and mitigation, proactive prevention, prompt incident response, adherence to governance standards, risk management, compliance support across diverse cloud ecosystems, and robust privacy and data protection, including granular access controls and reporting. Furthermore, this segment provides specialized data services and professional expertise for the development and deployment of application, security, and data solutions. Established in 1998, Rackspace Technology, Inc. maintains its corporate headquarters in San Antonio, Texas.
Data from the stock’s TipRanks forecast page, read 236 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗