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Rackspace Technology (NASDAQ:RXT) Cut to "Sell" at Wall Street Zen

Wall Street Zen downgraded Rackspace Technology (NASDAQ:RXT) to a "Sell" rating, aligning with a broader analyst consensus of "Reduce" and a target price of $4.00. The company recently reported a quarterly loss of $0.08 per share on revenue of $670.1 million, surpassing analyst estimates. Despite positive sentiment from exceeding revenue expectations and appointing a Chief AI Officer, Rackspace …

Rackspace Technology, Inc. SEC Filing (Aug 14, 2026)

This article reports on a Form 144 SEC filing by Rackspace Technology, Inc. (RXT) on August 14, 2026. The filing indicates a proposed sale of 48,780 shares of common stock with an aggregate market value of $207,554.02, acquired via restricted stock from the Issuer …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

RXT Stockholders Have Rights – If You Lost Money Investing in Rackspace Technology, Inc. Contact Robbins LLP for Information About Recovering Your Losses

Robbins LLP has filed a securities class action lawsuit on behalf of investors who purchased Rackspace Technology, Inc. (NASDAQ: RXT) securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made misleading statements regarding its business and financial condition, specifically …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

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Bragar Eagel & Squire, P.C. Urges Rackspace Technology, Inc. Investors to Contact the Firm Before the September 28th Lead Plaintiff Deadline

Bragar Eagel & Squire, P.C. has announced a class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) on behalf of investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace misrepresented its business strategy and financial prospects, …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

SueWallSt Reminds Rackspace Technology Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of September 28, 2026 - RXT

SueWallSt is alerting investors of Rackspace Technology, Inc. (NASDAQ: RXT) about a pending securities class action lawsuit. The lawsuit alleges that Rackspace made misleading statements regarding its Public Cloud resale revenue, leading to a significant stock drop after a $125 million reduction in full-year …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Kaplan Fox Class Action Reminder: Rackspace Technology, Inc. (NASDAQ: RXT) Lead Plaintiff Deadline is September 28, 2026

Kaplan Fox & Kilsheimer LLP has filed a class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) on behalf of investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made false and misleading statements regarding its …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Rackspace Technology, Inc. of Class Action Lawsuit and Upcoming Deadlines - RXT

Pomerantz LLP has announced a class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) following a significant drop in its stock price. This legal action comes after Rackspace reduced its full-year 2026 revenue guidance by $150 million and cut its Private Cloud revenue outlook …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Rackspace Technology Names Chetan Gupta Chief AI Officer to Advance Enterprise AI

Rackspace Technology has appointed Chetan Gupta, Ph.D., as its Chief AI Officer to lead the company's AI strategy, focusing on enterprise and sovereign AI deployments. Gupta will oversee AI strategy, research, innovation, governance, and adoption for Rackspace and its customers, particularly in regulated industries …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

RXT SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of Rackspace Technology, Inc. Investors - Contact Kirby McInerney LLP by September 28, 2026

Kirby McInerney LLP has filed a securities fraud class action lawsuit against Rackspace Technology, Inc. on behalf of investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made misleading statements regarding its enterprise AI efforts, declining …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

RXT Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in Rackspace Technology Securities Lawsuit - Contact Levi & Korsinsky

Levi & Korsinsky, LLP has filed a securities class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) on behalf of investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made misleading statements regarding its full-year 2026 …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Renaissance Technologies LLC Raises Holdings in Rackspace Technology, Inc. $RXT

Renaissance Technologies LLC increased its stake in Rackspace Technology, Inc. by 14% in the first quarter, bringing its total holdings to 2.04 million shares valued at approximately $2 million. This move is part of broader institutional investor activity, with hedge funds and other institutions …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Rackspace Technology (RXT) Stock Sinks As Losses Deepen And Margins Thin

Rackspace Technology's stock fell by 8.0% after its Q2 2026 earnings report revealed deepening losses and thinning margins, despite a slight revenue increase. The company's pivot to AI and managed cloud services is in early stages, with higher margin AI services not yet significantly …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Rackspace’s AI push widens its quarterly loss as revenue growth slows

Rackspace Technology Inc. is heavily investing in artificial intelligence to revitalize its business, leading to an expanded quarterly net loss of $67.5 million despite a slight revenue increase to $670.1 million. The company plans to spend approximately $75 million on the initial phase of …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Rackspace Technology, Inc. Class Action Lawsuit Seeks Recovery for Investors; September 28, 2026, Deadline - Contact Kessler Topaz Meltzer & Check, LLP

Kessler Topaz Meltzer & Check, LLP has filed a securities fraud class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) on behalf of investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made materially false or …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Rackspace Technology, Inc. 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:RXT) 2026-08-11

Key Points Interested in Rackspace Technology, Inc.? Here are five stocks we like better. Rackspace reported Q2 revenue of $670 million, up 1% year over year, while maintaining 2026 guidance and forecasting positive full-year free cash flow of $50 million to $70 million. The …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Kaplan Fox Encourages Rackspace Technology, Inc. (NASDAQ: RXT) Investors Seeking Recovery to Contact the Firm Before September 28, 2026

Kaplan Fox & Kilsheimer LLP has filed a class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) on behalf of investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made misleading statements regarding its enterprise AI …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Rackspace: Already Generating Healthy Profit, AMD/Palantir Monetization Ahead (NASDAQ:RXT)

Rackspace (RXT) is highlighted as an attractive AI infrastructure play due to its recurring revenue model and strategic partnerships with companies like Palantir and AMD. The article points to RXT's strong Q2 results, favorable revenue mix shift towards private cloud, and healthy adjusted EBITDA …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Rackspace outlines 30-megawatt AMD AI deployment by end of 2028, targeting $450M-$600M annual revenue

Earnings Call Insights: Rackspace Technology (RXT) Q2 2026 MANAGEMENT VIEW * "I want to start by reviewing our progress toward a clear strategic goal, becoming the accountable provider and operator of the full enterprise AI stack from core to cloud to edge" (CEO & …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Rackspace Technology Q2 Earnings Call Highlights

Key Points Interested in Rackspace Technology, Inc.? Here are five stocks we like better. Rackspace reported Q2 revenue of $670 million, up 1% year over year, while maintaining 2026 guidance and forecasting positive full-year free cash flow of $50 million to $70 million. The …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

The Gross Law Firm Reminds Rackspace Technology, Inc. Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of September 28, 2026 - RXT

The Gross Law Firm is reminding investors of Rackspace Technology, Inc. (NASDAQ: RXT) about a pending class action lawsuit with a lead plaintiff deadline of September 28, 2026. The lawsuit alleges that Rackspace made materially false and/or misleading statements regarding its business operations, particularly …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Rackspace Technology (NASDAQ:RXT) Shares Gap Up on Better-Than-Expected Earnings

Rackspace Technology (NASDAQ:RXT) saw its shares gap up following a better-than-expected earnings report, with revenue exceeding estimates and a narrower-than-anticipated loss per share. Despite the positive surprise, analysts maintain a cautious "Reduce" rating due to ongoing AI-related uncertainties and significant legal risks from securities-fraud …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Earnings call transcript: Rackspace Technology misses Q2 2026 estimates but gains on AI push

Rackspace Technology reported a wider-than-expected loss and slightly missed revenue forecasts for Q2 2026, yet its stock rose due to investor optimism about its strategic shift towards enterprise AI infrastructure. The company plans a significant AMD-backed AI deployment, projecting substantial future revenue, and is …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Rackspace Technology beats top-line and bottom-line estimates; reaffirms FY26 outlook

* Rackspace Technology press release [https://seekingalpha.com/pr/20613631-rackspace-technology-reports-second-quarter-2026-results] (RXT [https://seekingalpha.com/symbol/RXT]): Q2 Non-GAAP EPS of -$0.08 beats by $0.01. * Revenue of $670M (+0.6% Y/Y) beats by $24.10M. * Capital expenditures were $28 million in the second quarter of 2026, compared to $31 million in the second …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Kaplan Fox Deadline Alert: Rackspace Technology, Inc. (NASDAQ: RXT) Investors Have Until September 28, 2026 to Seek a Lead Plaintiff Role

Kaplan Fox & Kilsheimer LLP has announced a class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) for investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made false and misleading statements regarding its enterprise AI …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Rackspace beats expectations but its losses pile up amid aggressive AI pivot

Rackspace Technology Inc. exceeded revenue expectations in its second quarter but reported increased losses, primarily due to its aggressive pivot towards managed enterprise AI infrastructure. The company faces a federal securities fraud lawsuit alleging misleading statements about the costs of this AI shift, which …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Rackspace Technology (NASDAQ:RXT) Issues Earnings Results, Beats Expectations By $0.01 EPS

Rackspace Technology (NASDAQ:RXT) reported an adjusted loss of $0.08 per share, beating analyst expectations by $0.01, and revenue of $670.1 million, exceeding forecasts. Despite the earnings beat, shares fell 3.5% to $4.73, partly due to ongoing legal uncertainty from securities class-action lawsuits alleging misleading …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Earnings Flash (RXT) Rackspace Technology, Inc. Posts Q2 Adjusted Loss $0.08 per Share, vs. FactSet Est of $-0.09

Rackspace Technology, Inc. (RXT) reported an adjusted loss of $0.08 per share for Q2, which is better than FactSet's estimated loss of $0.09 per share. The company's Q2 revenue was $670.1 million, surpassing FactSet's estimate of $646.0 million. Rackspace Technology specializes in hybrid cloud …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Rackspace: Q2 Earnings Snapshot

Rackspace Technology, Inc. (RXT) reported a Q2 loss of $67.5 million, or 27 cents per share, with adjusted losses at 8 cents per share. The company posted revenue of $670.1 million for the quarter. Rackspace anticipates full-year losses to be between 25 and 30 …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Kaplan Fox Alerts Rackspace Technology, Inc. (NASDAQ: RXT) Investors Who Suffered Losses to a Securities Class Action – Deadline is September 28, 2026

Kaplan Fox & Kilsheimer LLP has filed a class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) on behalf of investors who purchased securities between May 7, 2026, and July 8, 2026. The lawsuit alleges that Rackspace made false and misleading statements regarding its …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Rackspace Technology Reports Second Quarter 2026 Results

Rackspace Technology announced its Q2 2026 results, reporting revenue of $670 million, a 1% increase year-over-year. Private Cloud revenue grew by 5% to $263 million, while Public Cloud revenue decreased by 2% to $407 million. The company posted

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

ROSEN, NATIONAL TRIAL LAWYERS, Encourages Rackspace Technology, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - RXT

New York, Aug. 09, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Rackspace Technology, Inc. (NASDAQ: RXT) between May 7, 2026 and July 8, 2026 inclusive (the “Class Period”), of the important September …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

RXT DEADLINE REMINDER: Bronstein, Gewirtz & Grossman LLC Reminds Rackspace Technology, Inc. Investors to Join the Class Action Lawsuit Today

Bronstein, Gewirtz & Grossman LLC is reminding Rackspace Technology, Inc. investors about a class action lawsuit filed against the company for alleged violations of federal securities laws. The lawsuit claims Rackspace made misleading statements regarding its business, operations, and financial condition between May 7, …

RXT main company
Sharemaestro market context Trend signal active 52 weeks +221.4% RXT stored weekly price path from 22 Aug 2025 to 14 Aug 2026

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