Rackspace Technology downgraded by Raymond James
$RXT
Computer Software: Programming Data Processing
Technology
Raymond James downgraded Rackspace Technology from Outperform to Mkt Perform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/2/2025 | Outperform → Mkt Perform | Raymond James | |
| 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-K - Rackspace Technology, Inc. (0001810019) (Filer)
SCHEDULE 13G/A - Rackspace Technology, Inc. (0001810019) (Subject)
10-Q - Rackspace Technology, Inc. (0001810019) (Filer)
SAN ANTONIO, July 18, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT) a leading end-to-end hybrid cloud and AI solutions company, today announced that it will release its second quarter 2025 financial results after the market closes on Thursday, August 7, 2025. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (August 7, 2025) at 5:00 PM ET to discuss the Company's financial results. Interested parties may access the conference call as follows: To listen to the live webcast or access the replay following the webcast, please visit our IR website at the following link: https://ir.r
SAN ANTONIO, July 17, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced the availability of the Foundry for AI by Rackspace ("FAIR™") Model Context Protocol ("MCP") Enterprise Accelerator on the AWS Marketplace in the new ‘AI Agents & Tools' category. Customers can now easily discover, purchase, and deploy AI-driven solutions, including Rackspace Technology's Agentic AI Professional Services through the AWS market, accelerating workflow development and enabling enterprise intelligence through AI agents. The FAIR MCP Enterprise Accelerator on Amazon Bedrock helps organizations scale MCP deployments with
SAN ANTONIO, July 08, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced the launch of Rackspace OpenStack Business, a new, open source, dedicated private cloud for organizations running mission-critical or regulated workloads. This fully-managed solution delivers improved performance, enhanced security, and full operational support without the burden of managing infrastructure. Built for scalability, Rackspace OpenStack Business offers a cost-effective cloud solution centered around privacy, security and control. This launch expands Rackspace's leadership in open-source private cloud by delivering dedic
Raymond James downgraded Rackspace Technology from Outperform to Mkt Perform
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
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
SAN ANTONIO, July 18, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT) a leading end-to-end hybrid cloud and AI solutions company, today announced that it will release its second quarter 2025 financial results after the market closes on Thursday, August 7, 2025. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (August 7, 2025) at 5:00 PM ET to discuss the Company's financial results. Interested parties may access the conference call as follows: To listen to the live webcast or access the replay following the webcast, please visit our IR website at the following link: https://ir.r
Revenue of $665 million in the First Quarter, down 4% Year-over-YearPrivate Cloud Revenue was $250 million, down 7% Year-over-YearPublic Cloud Revenue was $416 million, down 2% Year-over-YearFirst Quarter 2025 Cash Flow From Operating Activities was $13 million; Cash Flow From Operating Activities was $143 million on a Trailing-Twelve-Month Basis SAN ANTONIO, May 08, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (NASDAQ:RXT), a leading end-to-end, hybrid cloud and AI solutions company, today announced results for its first quarter ended March 31, 2025. Amar Maletira, Chief Executive Officer, stated, "Results in the first quarter of 2025 exceeded our expectations across all key metr
SAN ANTONIO, April 15, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ:RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced that it will release its first quarter 2025 financial results after the market closes on Thursday, May 8, 2025. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (May 8, 2025) at 5:00 PM ET to discuss the Company's financial results. Interested parties may access the conference call as follows: To listen to the live webcast or access the replay following the webcast, please visit our IR website at the following link: https://ir.rackspace.com/news
4 - Rackspace Technology, Inc. (0001810019) (Issuer)
4 - Rackspace Technology, Inc. (0001810019) (Issuer)
4 - Rackspace Technology, Inc. (0001810019) (Issuer)
4 - Rackspace Technology, Inc. (0001810019) (Issuer)
SC 13G/A - Rackspace Technology, Inc. (0001810019) (Subject)
SC 13G/A - Rackspace Technology, Inc. (0001810019) (Subject)
SC 13G/A - Rackspace Technology, Inc. (0001810019) (Subject)