Rackspace Technology (RXT) is back in focus after returning to profitability in Q1 2026 with US$8.3 million net income and signing a Memorandum of Understanding with AMD to develop governed enterprise ...

The AMD deal gives Rackspace a fresh AI narrative as investors hunt for overlooked cloud infrastructure plays.

The average one-year price target for Rackspace Technology (NasdaqGS:RXT) has been revised to $3.23 / share. This is an increase of 46.15% from the prior estimate of $2.21 dated April 25, 2026. The ...

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 ...

Stock price leap: Rackspace shares hit a four-year high, rising over 100% intraday after earnings and an AMD AI partnership announcement. Earnings turnaround: Q1 revenue rose 2% to $678M, and net ...

In recent trading, shares of Rackspace Technology Inc (Symbol: RXT) have crossed above the average analyst 12-month target price of $2.11, changing hands for $2.12/share. When a stock reaches the ...

Rackspace Technology Inc. today announced an expansion of its spot instance service, Rackspace Spot, with a new location in San Jose, California, and launched a graphic processing unit-as-a-service ...