Date | Price Target | Rating | Analyst |
---|---|---|---|
11/7/2023 | $1.40 | Neutral | UBS |
9/19/2023 | $3.50 | Mkt Perform → Outperform | Raymond James |
7/25/2023 | $1.25 → $1.50 | Neutral → Sell | Citigroup |
10/11/2022 | $9.00 → $5.00 | Outperform → In-line | Evercore ISI |
8/16/2022 | $7.00 → $5.00 | Neutral → Underweight | JP Morgan |
8/11/2022 | $9.00 → $7.00 | Outperform → Sector Perform | RBC Capital Mkts |
8/10/2022 | Outperform → Mkt Perform | William Blair | |
8/10/2022 | Outperform → Mkt Perform | Raymond James |
4 - Rackspace Technology, Inc. (0001810019) (Issuer)
4 - Rackspace Technology, Inc. (0001810019) (Issuer)
4 - Rackspace Technology, Inc. (0001810019) (Issuer)
S-8 - Rackspace Technology, Inc. (0001810019) (Filer)
10-Q - Rackspace Technology, Inc. (0001810019) (Filer)
8-K - Rackspace Technology, Inc. (0001810019) (Filer)
Basware partnered with Rackspace Technology to experiment with training code-generating language models using Amazon Bedrock and Amazon Web Services (AWS). This enabled Basware to innovate faster for its customers, accelerating time to value. This in turn can enable its customers to focus on their everyday business operations rather than the technology implementation.
Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell sharply during Monday's session after the company announced a workforce reduction. SolarEdge disclosed a decision to lay off 400 employees. The company stated that 200 of these job cuts are in Israel. The action involves reducing headcount and discretionary spending across all departments. SolarEdge Technologies shares dipped 12.2% to $27.77 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers Autonomix Medical, Inc. (NASDAQ:AMIX) shares climbed 148% to $1.4850 after the company entered into an agreement with RF Innovations to license intellectual property for its Apex 6 Radiofrequency Gener
Gainers Alpine 4 Holdings (NASDAQ:ALPP) stock rose 8.6% to $0.55 during Thursday's after-market session. The company's market cap stands at $14.9 million. Soluna Holdings (NASDAQ:SLNH) shares rose 7.87% to $6.3. The market value of their outstanding shares is at $24.7 million. UTime (NASDAQ:WTO) shares rose 5.93% to $0.56. The company's market cap stands at $217.6 million. ClearOne (NASDAQ:CLRO) stock increased by 5.18% to $0.71. The market value of their outstanding shares is at $17.0 million. MariaDB (NYSE:MRDB) shares increased by 4.92% to $0.54. The market value of their outstanding shares is at $36.9 million. DatChat (NASDAQ:DATS) stock moved upwards by 4.83% to $1.3. The market v
Revenue of $685 million in the Second Quarter, down 8% Year-over-YearPrivate Cloud Revenue was $260 million, down 17% Year-over-YearPublic Cloud Revenue was $425 million, down 2% Year-over-YearSecond Quarter 2024 Cash Flow From Operating Activities was $24 million; Cash Flow From Operating Activities was $273 million on a Trailing-Twelve-Month Basis SAN ANTONIO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (NASDAQ:RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced results for its second quarter ended June 30, 2024. Amar Maletira, Chief Executive Officer, stated, "Our second quarter financial results once again exceede
SAN ANTONIO, July 22, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT)— the leading end-to-end, hybrid multicloud, and AI solutions company, today announced that it will release its second quarter 2024 financial results after the market closes on Thursday, August 8, 2024. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (August 8, 2024) at 5:00 PM EDT to discuss the Company's financial results. Interested parties may access the conference call as follows:USA & Canada - Toll-Free (800) 715-9871International - Toll (646) 307-1963 Conference ID: 4653491 To listen to the live webcast or access
Revenue of $691 million in the First Quarter, down 9% Year-over-YearPrivate Cloud Revenue was $268 million, down 15% Year-over-YearPublic Cloud Revenue was $422 million, down 5% Year-over-YearFirst Quarter 2024 Cash Flow Used in Operating Activities was $(90) million which includes certain one-time fees related to the debt refinancing; Cash Flow From Operating Activities was $287 million on a Trailing-Twelve-Month Basis SAN ANTONIO, May 09, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (NASDAQ:RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced results for its first quarter ended March 31, 2024. Amar Maletira, Chief Executive Officer, stated, "
SC 13G/A - Rackspace Technology, Inc. (0001810019) (Subject)
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SC 13G/A - Rackspace Technology, Inc. (0001810019) (Subject)
Introduces Eight-Member Slate with Deep Experience in Governance, Finance, Legislative and Regulatory Affairs, Strategic Transformations, Transportation and the Railroad Sector Proposes Jim Barber, a Proven Transportation Network Leader and Former Executive at UPS, as CEO and Jamie Boychuk, a Career Railroader and Former Executive at CSX, as COO Introduces "Network of the Future" Strategy Offering Path to Significant Value Creation Releases Presentation Entitled "The Case for Leadership, Safety and Strategy Changes at Norfolk Southern" That is Downloadable at www.MoveNSCForward.com Ohio-based Ancora Holdings Group, LLC, its affiliates and the other participants in its solicitation (
SAN ANTONIO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end hybrid, multicloud technology solutions company, today announced the appointment of Mark Gross to its Board of Directors. Gross is an experienced and dynamic leader with over 25 years of broad-based experience, financial expertise, and deep insight into leading business transformations. Gross succeeds Thomas Cole, who unexpectedly passed away over the recent holiday season. "We were fortunate to find Mark, a seasoned executive with financial expertise and broad business experience to complement our current Board. We look forward to his guidance, helping to further solidify our market po
SAN ANTONIO, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end, hybrid multicloud technology solutions company, today announced the appointment of Mark Marino as Chief Financial Officer (CFO), effective immediately. Marino previously served as the Company's Chief Accounting Officer and succeeds Naushaza "Bobby" Molu. Molu resigned his position to pursue a new opportunity in the UK, where he resides. He will remain with Rackspace Technology in an advisory role through late February to ensure a seamless transition. "I am delighted to welcome Mark as our CFO," said Amar Maletira, Chief Executive Officer. "Having worked with Mark since I joined Rackspa
UBS initiated coverage of Rackspace Technology with a rating of Neutral and set a new price target of $1.40
Raymond James upgraded Rackspace Technology from Mkt Perform to Outperform and set a new price target of $3.50
Citigroup downgraded Rackspace Technology from Neutral to Sell and set a new price target of $1.50 from $1.25 previously
CAS leverages upgraded mission-critical private cloud environment to support cutting-edge, lifesaving, chemistry-related, and life-science research SAN ANTONIO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading hybrid, multicloud, and AI technology services company, today announced working with CAS, a division of the American Chemical Society, to accelerate its scientific knowledge management breakthroughs by modernizing its OpenStack® Private Cloud. The mission-critical private cloud environment supports CAS in providing scientific innovators with access to cutting-edge, lifesaving, chemistry-related, and life-science research. As a leader in science infor
SAN ANTONIO, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading hybrid, multicloud, and AI technology services company, today announced the unveiling of Rackspace Lab Services (RLS), a cutting-edge cloud software as a service (SaaS) solution to transform training, testing, and demonstration environments for organizations worldwide. RLS hosts the Broadcom VMware Lab Platform (VLP) on Rackspace SDDC (Software Defined Data Center) Flex to deliver an on-demand, consumption-based service to simulate complex real-world environments. Launching at VMware Explore 2024 in Las Vegas, RLS offers a flexible, cost-effective solution that allows you to demonstrate and train
SAN ANTONIO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced a reaffirmation of its long-standing commitment to OpenStack® with the launch of Rackspace OpenStack® Enterprise, the only fully-managed, enterprise-ready cloud solution built from the ground up to ensure critical workloads are secure, efficient, and perform at scale. Rackspace's investment in OpenStack empowers businesses to prioritize innovation over infrastructure, offering cloud flexibility at a fraction of the cost of competitors. Customers leveraging OpenStack Enterprise also benefit from Rackspace's unparalleled suppor