15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering Rackspace Technology Inc, 0 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a hold consensus. Targets range widely, $1.40 to $4.00 (about 2.9x), a sign of real disagreement on valuation. The average target of $2.70 sits 29% below the current $3.83. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.01 next quarter toward $0.17 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Hold
Strong Buy00%
Buy00%
Hold2100%
Sell00%
Strong Sell00%
Based on 2 analysts giving stock ratings to Rackspace Technology Inc.
As of Jul, 0 of 2 firms rate RXT a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
RXT EPS & revenue forecast
EPS · NEXT QUARTER
$-0.01
Range $-0.01 – $-0.01 · 1 analysts · -80% YoY
Next period, 1 analysts expect Rackspace Technology Inc to earn $-0.01 a share (range $-0.01 – $-0.01), versus $-0.05 a year earlier. Full-year consensus is $-0.17, growing to $0.17 the year after.
REVENUE · NEXT QUARTER
$607.6M
Range $572.0M – $643.3M · 1 analysts · -9% YoY
Revenue is expected to reach $607.6M (range $572.0M – $643.3M), -9.5% year-over-year. Full-year consensus is $2.5B, rising to $2.6B next year.
Top analysts covering Rackspace Technology Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on RXT.
#1
Daniel Perlin
RBC Capital · Rank #381
Hold
$2.50-34.6% to target
Overall win rate
20%
+ Follow
#2
Kevin Mcveigh
UBS
Hold
$2.00-47.7% to target
Coverage
—
+ Follow
#3
Frank Louthan
Raymond James
Hold
No targeton RXT
Coverage
—
+ Follow
#4
RE
Ramsey El-Assal
Barclays
Sell
$1.00-73.9% to target
Coverage
—
+ Follow
#5
DP
David Paige
RBC Capital
Hold
$4.00+4.6% to target
Coverage
—
+ Follow
RXT stock forecast FAQ
What is RXT's average 12-month price target?+
The 2 analysts with a live target average $2.70 for Rackspace Technology Inc over the next 12 months, ranging from a $4.00 high to a $1.40 low.
Is RXT stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 2 analyst ratings, 0 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for RXT?+
The Street-high target is $4.00 (RBC Capital), and the Street-low is $1.40 (BMO Capital). The average of all 2 active targets is $2.70.
How many Wall Street analysts cover RXT?+
2 analysts have an active rating on Rackspace Technology Inc, and 2 firms carry a live 12-month price target.
Who is the most accurate analyst covering RXT?+
Among analysts who currently cover RXT, Daniel Perlin of RBC Capital has the strongest overall Quantellect track record (Rank #381). Their current call is Hold with a $2.50 target.
What is Rackspace Technology Inc's projected EPS for next quarter?+
The consensus estimate is $-0.01 per share (range $-0.01 – $-0.01) across 1 analysts. Full-year EPS is projected at $-0.17, rising to $0.17 the following year.
How much revenue is Rackspace Technology Inc expected to report next quarter?+
Consensus revenue is $607.6M (range $572.0M – $643.3M). Full-year revenue is projected at $2.5B, growing to $2.6B next year.
Have analysts been upgrading or downgrading RXT lately?+
As of Jul, 0 of 2 firms rate RXT a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their RXT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
