NASDAQ: RXT

Rackspace Technology (RXT) Stock Analysis & Forecast

Oct 12 close

$3.68−0.22 (−5.6%)

Gekko Brief

AI summaryOct 12 close

Rackspace shares moved this week on a definitive agreement with AMD to power its data centers with AMD GPUs and CPUs, a deal reported alongside the company's workforce reduction. Shares were also reported climbing 6.2% in a separate session, trading as high as $3.84, and ETF coverage noted various funds holding Rackspace stock.

RXT closed at $3.68, down 5.6%, sitting between its 50-day average of $3.80 and 200-day average of $3.07. The GekkoIndex reads 58.3, placing the stock in the Neutral zone, up 2.4 over five sessions. The stock trades 12.2% below Gekko Fair Value of $4.19. One-month returns stand at 14.3%, three-month at -20.9%, and the 52-week range spans $0.39 to $8.60.

Rackspace next reports earnings on 5 November 2026, 24 days away, which falls inside a typical 20-trading-day holding window; the prior quarter posted a loss of $0.08 per share against a $0.09 estimate, with a -1.9% reaction, and average absolute reactions have run 28.8% across recent quarters. Seasonality over the next 20 trading days has averaged -1.6% across 5 years, rising in 1 of them. No insider, Congress, or unusual options activity appears in the current windows, though two trailblazer holders are noted, and consensus among 3 covering firms stands at hold with a $4.77 price target.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Rackspace Technology price vs fair value

$4.19$3.68Oct ’25Apr ’26Oct ’26
Close $3.68200-day averageGekko Fair Value $4.19

Rackspace Technology quick facts

Market cap
$934.4M
P/E ratio
—
Forward P/E
13.1
EPS, TTM
−$0.65
Revenue, TTM
$2.70B
Profit margin
-5.9%
Dividend yield
—
Beta
3.11
Volume
3.23M avg 5.69M
1-year return
+152.1%
Typical daily move
±7.5%
Typical 20-day move
±14.2%
50-day average
$3.80
200-day average
$3.07
Next earnings
Nov 5
Shares outstanding
254.9M
52-week range
$0.39$8.60

Rackspace Technology swing-trade checklist

Rackspace Technology scores 1 supportive, 2 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

1 supportive2 mixed2 headwinds

  • Trendmixed

    Averages disagree

    Close $3.68 sits between the 50-day ($3.80) and 200-day ($3.07) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    58.3, Neutral

    Reading 58.3 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    12.2% below

    Price is 12.2% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 24 days

    Reports on Nov 5, 2026, 24 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −1.6% on average

    From this point in the calendar, the next 20 trading days averaged −1.6% over 5 years, rising in 1 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Rackspace Technology stock chart and price history

Rackspace Technology closed at $3.68 on Oct 12, 2026, +152.1% over the past year, inside a 52-week range of $0.39 to $8.60.

Close50-day average200-day averageVolume
Rackspace Technology share price, past year, with 50-day and 200-day moving averages and volume$0$2$6NovDecJan 2026FebMarAprMayJunJulAugSepOct3.68

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+14.3%
3 months
−20.9%
6 months
+206.7%
1 year
+152.1%
The full RXT chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open RXT in Gekko

Follow Rackspace Technology through every session

Put RXT on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About Rackspace Technology

Rackspace Technology provides multi-cloud technology services to organizations managing public and private cloud environments. It is known for helping clients plan, run, and adjust their cloud infrastructure and applications, offering support that ranges from initial strategy work to the deployment of modern cloud-native systems.

The business is split into two divisions. The Multicloud Services division handles managed services for public and private clouds, along with professional guidance on building and launching multi-cloud and cloud-native application strategies. The Apps & Cross Platform division covers managed application services and a broad range of security offerings, including threat detection, prevention, incident response, governance, risk and compliance support, and data protection with access controls and reporting. This division also supplies data services and expertise for building and rolling out application, security, and data solutions.

Rackspace Technology was established in 1998 and is headquartered in San Antonio, Texas. Its shares are listed on the NASDAQ under the ticker RXT.

Listed
NASDAQ
Sector
Technology services
Industry
Data processing services
Website
rackspace.com

Rackspace Technology GekkoIndex: the smart money zone

Rackspace Technology’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 58.3, in the Neutral zone, up 2.4 points over five sessions.

010058.3Neutral

Up 2.4 points over five sessions.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying52Not available
Accumulation242+1.2%+2.0%+5.8%+39.6%
Neutral (current zone)343+1.3%+4.4%+7.9%+16.3%
Distribution43+7.2%+0.4%−0.1%+1.9%
Selling2Too few readings yet

Average RXT share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the RXT price, zone by zone.Track RXT in Gekko

Is Rackspace Technology stock overvalued? Gekko Fair Value

Rackspace Technology trades 12.2% below Gekko Fair Value of $4.19, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Rackspace Technology shares are worth, recalculated every trading day.

$4.19

Gekko Fair Value, Oct 10, 2026

12.2% Undervalued

At the end of Aug 2026 the price was 34.0% below the estimate.

Gekko Fair ValueShare price, month end
$4$4Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open RXT in Gekko

Rackspace Technology insider and Congress trading

No open-market insider purchases were filed for Rackspace Technology, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for RXT in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every RXT insider filing, plotted on the chart in Gekko.Open RXT in Gekko

Congress trades last 90 days

No trades in RXT were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for RXT, plotted on the chart in Gekko.Open RXT in Gekko

Buybacks

Rackspace Technology has been buying back its own shares.

Bought back, quarter ended Sep 30, 2025
$1.20M
As a share of market cap
0.13%

From company filings.

Hedge funds and billionaires quarter ended Jun 30

2of the funds Gekko tracks hold RXT.

0added2opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Rackspace Technology earnings: next date and track record

Rackspace Technology reports on Nov 5, 2026 (24 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±28.8%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

+8.6%Nov ’240.0%Feb ’25−12.6%May ’25−0.8%Aug ’25−20.0%Nov ’25+44.4%Feb ’26+141.9%May ’26−1.9%Aug ’26
ReportedEPSSurpriseRevenueSurpriseMove
Aug 11, 2026−$0.08
est −$0.09
+11.2%$670.1M
est $646.0M
+3.7%−1.9%
May 7, 2026−$0.06
est −$0.03
−100.0%$678.1M
est $660.8M
+2.6%+141.9%
Feb 26, 2026−$0.01
est −$0.04
+74.4%$682.8M
est $672.4M
+1.6%+44.4%
Nov 6, 2025−$0.05
est −$0.05
0.0%$671.2M
est $672.6M
−0.2%−20.0%
Aug 7, 2025−$0.06
est −$0.05
−20.0%$666.3M
est $666.8M
−0.1%−0.8%
May 8, 2025−$0.06
est −$0.08
+25.0%$665.4M
est $658.0M
+1.1%−12.6%
Feb 20, 2025−$0.02
est −$0.04
+50.0%$685.6M
est $674.9M
+1.6%0.0%
Nov 12, 2024−$0.04
est −$0.07
+42.9%$675.8M
est $674.9M
+0.1%+8.6%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Rackspace Technology stock forecast and analyst price targets

Analysts’ average 12-month price target for Rackspace Technology is $4.77, +29.5% from the last close, from 3 firms rating the stock in the last 90 days.

$4.77consensus 12-month target, +29.5% from the last close
Low $4High $5.30
Buy0
Hold3
Sell0

Each firm’s latest rating in the last 90 days: 3 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Aug 17UBSHold, maintained$5.30+44.0%
Aug 11RBC CapitalHold, maintained$4+8.7%
Jul 14BMO CapitalHold, maintained$5+35.9%
+7.9%average 20-day move after past Neutral readings
−1.6%average move over the next 20 trading days in the last 5 years
±7.5%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Rackspace Technology seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Rackspace Technology averaged −1.6% across the last 5 years, rising in 1 of them.

Next 20 trading days, by year

−2.1%2021+15.1%2022−7.9%2023+6.3%2024−6.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.3%3 of 5
Next 10 trading days+2.3%2 of 5
Next 15 trading days+1.2%2 of 5
Next 20 trading days−1.6%1 of 5
Next 30 trading days−6.7%2 of 5

For scale, RXT’s typical 20-trading-day move in either direction is about 14.2%.

Rackspace Technology market cap and key statistics

Rackspace Technology’s market cap is $934.4M and revenue of $2.70B over the last twelve months.

Valuation

Market cap
$934.4M
Forward P/E
13.1
EPS, TTM
−$0.65
Gekko Fair Value
$4.19

Trading

Volume
3.23M
Avg volume, 20 days
5.69M
52-week high
$8.60
52-week low
$0.39
Shares outstanding
254.9M

Financials

Revenue, TTM
$2.70B
Profit margin
-5.9%
Return on equity
-352.8%
Quarterly earnings growth, YoY
0.0%

Risk and income

Beta
3.11
Typical daily move
±7.5%
Typical 20-day move
±14.2%

Rackspace Technology stock news this week

3 headlines about Rackspace Technology from the past week, newest first, each linking to the publisher.

Rackspace Technology peers

Rackspace Technology’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
PAYXPaychex+0.1%Accumulation18.0% below
VRSKVerisk Analytics−1.0%Neutral19.7% below
JJacobs Solutions−0.3%Neutral7.1% above
AKAMAkamai Technologies−5.0%Accumulation22.2% below
TYLTyler Technologies+1.1%Neutral7.8% below
GDDYGoDaddy−1.9%Neutral12.4% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Rackspace Technology stock FAQ

What is Rackspace Technology’s market cap?

Rackspace Technology’s market cap is $934.4M at the Oct 12, 2026 close of $3.68, with 254.9M shares outstanding.

What is the Rackspace Technology stock forecast?

The consensus analyst 12-month price target for Rackspace Technology is $4.77, +29.5% from the last close. Of the 3 firms that rated the stock in the last 90 days, 0 rate it a buy, 3 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Rackspace Technology stock overvalued or undervalued?

On Gekko’s estimate Rackspace Technology is undervalued: the Oct 12, 2026 close of $3.68 is 12.2% below Gekko Fair Value of $4.19. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Rackspace Technology report earnings next?

Rackspace Technology is expected to report on Nov 5, 2026 (24 days away). Analysts expect earnings of −$0.08 per share on revenue of $574.0M. Rackspace Technology beat the earnings estimate in 5 of its last 8 reports, moving 28.8% on average across the report.

What is Rackspace Technology’s 52-week high and low?

Rackspace Technology’s 52-week high is $8.60 and its 52-week low is $0.39; it closed at $3.68 on Oct 12, 2026, +152.1% over the past year. Over the last five years the shares peaked at $18.50 on Nov 16, 2021.

Is Rackspace Technology stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 1 of the 5 items with data read as supportive (fair value), 2 as mixed (trend and gekkoindex) and 2 as headwinds (earnings risk and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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