Barclays raised the firm’s price target on Rackspace Technology (RXT) to $2 from $1 and keeps an Underweight rating on the shares. The firm updated the company’s model post earnings. Discover the ...

Kirk Averett, director of products in Rackspace's Email & Apps Division, said Rackspace's hosted e-mail and applications channel has nearly doubled its partner numbers in the last year. Under the ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for ...

The average one-year price target for Rackspace Technology (NasdaqGS:RXT) has been revised to 2.30 / share. This is an increase of 6.78% from the prior estimate of 2.15 dated January 16, 2024. The ...

On Friday, cloud-computing company Rackspace Hosting announced that it is slashing prices on its cloud bandwidth and content delivery network by a third, while simultaneously implementing "tiered ...

On Monday, Rackspace Hosting will release its quarterly report, and shareholders have seen the stock plunge in response to new competitive pressures. With Google and Amazon.com among many companies ...

It’s hard to overstate the importance Rackspace Technology Inc. played in San Antonio’s imagination about itself in 2009, the year I arrived in town. As a scrappy midsize technology company, launched ...

Today, we circle back on Rackspace Technology for the first time since June 2022. RXT stock remains cheap on a price-to-sales basis, but the company continues to be bogged down by its balance sheet.

SAN ANTONIO, March 22, 2024 — Rackspace Technology, a leading end-to-end hybrid, multicloud, and AI technology solutions company, recently introduced Rackspace SPOT, the world’s only open market ...

(Reuters) - Rackspace Hosting Inc, which leases online storage space to companies, forecast current-quarter revenue below analysts' estimates as effects of product price cuts linger, sending its ...