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Rackspace Technology, Inc. (RXT) Stock Forecast

Data as of May 2, 2026

Technology · Current price $1.77 (+21.21%)

Consensus Target
$3.33
Upside
+88.1%
Analysts
2
Rating
Hold(3.00)

Price Target Range

Low $1.80Consensus $3.33High $5.00
▲ Current $1.77

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy0
Hold1
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Nov 13, 2024Keith BachmanBMO Capital$3.50+97.7%
May 10, 2024Kevin McVeighUBS$1.80+1.7%
Mar 13, 2024Frank LouthanRaymond James$3.00+69.5%
Mar 13, 2024Keith BachmanBMO Capital$2.50+41.2%
Sep 19, 2023Frank LouthanRaymond James$3.50+97.7%
Jul 17, 2022Ramsey El-AssalBarclays$5.00+182.5%

RXT vs Sector & Market

MetricRXTTechnology AvgLarge Cap Avg
Analyst Rating3.002.342.41
Analyst Count21318
Target Upside+88.1%+4072.6%+14.9%
P/E Ratio-1.6527.9431.19

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$2.62B$2.64B$2.66B2
2027-03-31$662M$673M$684M1
2027-06-30$659M$670M$681M1
2027-09-30$646M$657M$668M1
2027-12-31$664M$675M$687M1
2028-03-31$710M$722M$734M1
2028-06-30$709M$721M$733M1
2028-09-30$679M$690M$702M1
2028-12-31$709M$721M$733M1

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$-0.10$-0.09$-0.082
2027-03-31$-0.10$-0.09$-0.091
2027-06-30$-0.09$-0.09$-0.091
2027-09-30$-0.06$-0.06$-0.061
2027-12-31$-0.06$-0.06$-0.061
2028-03-31$0.05$0.05$0.051
2028-06-30$0.05$0.05$0.051
2028-09-30$0.08$0.08$0.081
2028-12-31$0.06$0.07$0.071

Frequently Asked Questions

What is the analyst consensus for RXT?

The consensus among 2 analysts covering Rackspace Technology, Inc. (RXT) is Hold with an average price target of $3.33.

What is the highest price target for RXT?

The highest price target for RXT is $5.00, set by Ramsey El-Assal at Barclays on 2022-07-17.

What is the lowest price target for RXT?

The lowest price target for RXT is $1.80, set by Kevin McVeigh at UBS on 2024-05-10.

How many analysts cover RXT?

2 analysts have issued ratings for Rackspace Technology, Inc. in the past 12 months.

Is RXT a buy or sell right now?

Based on 2 analyst ratings, RXT has a consensus rating of Hold (3.00/5) with a +88.1% upside to the consensus target of $3.33.

What are the earnings estimates for RXT?

Analysts estimate RXT will report EPS of $-0.09 for the period ending 2026-12-31, with revenue estimated at $2.64B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.