Rackspace (RXT) Stock Forecast, Price Target & Predictions


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RXT Stock Forecast


Rackspace (RXT) stock forecast, based on 13 Wall Street analysts, predicts a 12-month average price target of $3.33, with a high of $5.00 and a low of $1.80. This represents a 91.38% increase from the last price of $1.74.

High: $5 Avg: $3.33 Low: $1.8 Last Closed Price: $1.74

RXT Stock Rating


Rackspace stock's rating consensus is Hold, based on 13 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (15.38%), 8 Hold (61.54%), 3 Sell (23.08%), and 0 Strong Sell (0.00%).

Hold
Total 13 3 8 2 0 Strong Sell Sell Hold Buy Strong Buy

RXT Price Target Upside V Benchmarks


TypeNameUpside
StockRackspace91.38%
SectorTechnology Stocks 34.63%

Price Target Trends


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$1.74$1.74$1.74
Upside/Downside---
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Mar, 26--3--3
Feb, 26--3--3
Jan, 26--3--3
Dec, 25--3--3
Nov, 25--3--3
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 13, 2024Keith BachmanBMO Capital$3.50$2.2555.56%101.15%
May 10, 2024Kevin McVeighUBS$1.80$1.94-7.22%3.45%
Mar 13, 2024Frank LouthanRaymond James$3.00$1.7967.60%72.41%
Mar 13, 2024Keith BachmanBMO Capital$2.50$1.7939.66%43.68%
Sep 19, 2023Frank LouthanRaymond James$3.50$1.48136.49%101.15%
Jul 17, 2022Ramsey El-AssalBarclays$5.00$5.99-16.53%187.36%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jun 02, 2025Raymond JamesOutperformMarket Performdowngrade
Nov 13, 2024BMO CapitalMarket PerformMarket Performhold
Oct 30, 2024JefferiesHoldHoldhold
May 16, 2024BMO CapitalMarket PerformMarket Performhold
May 10, 2024UBSNeutralNeutralhold
Mar 13, 2024Raymond JamesOutperformOutperformhold
Mar 12, 2024BarclaysUnderweightUnderweighthold
Sep 19, 2023Raymond JamesMarket PerformOutperformupgrade
Dec 19, 2022BarclaysUnderweightUnderweighthold
Oct 03, 2022BarclaysUnderweightUnderweighthold

Financial Forecast


EPS Forecast

$-4 $-3 $-2 $-1 $0 $1 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-1.05$-3.81$-3.89$-3.82$-0.95-
Avg Forecast$0.97$0.53$-0.16$-0.28$-0.11$0.06
High Forecast$0.97$0.54$-0.16$-0.27$-0.11$0.06
Low Forecast$0.96$0.53$-0.16$-0.28$-0.11$0.06
Surprise %-208.25%-818.87%2331.25%1264.29%763.64%-

Revenue Forecast

$3B $3B $3B $3B $3B $3B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$3.01B$3.12B$2.96B$2.74B$2.69B-
Avg Forecast$3.00B$3.11B$2.95B$2.73B$2.70B$2.91B
High Forecast$3.02B$3.14B$2.99B$2.77B$2.74B$2.91B
Low Forecast$2.97B$3.09B$2.92B$2.70B$2.67B$2.91B
Surprise %0.19%0.38%0.17%0.38%-0.60%-

Net Income Forecast

$-2B $-1B $-700M $-300M $100M $500M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-218.30M$-804.80M$-837.80M$-858.20M$-225.80M-
Avg Forecast$-205.71M$115.12M$-837.80M$-59.37M$-24.10M$13.09M
High Forecast$-164.57M$116.57M$-670.24M$-58.37M$-23.69M$13.31M
Low Forecast$-246.85M$113.96M$-1.01B$-60.37M$-24.50M$12.87M
Surprise %6.12%-799.10%-1345.61%837.03%-

RXT Forecast FAQ


Is Rackspace stock a buy?

Rackspace stock has a consensus rating of Hold, based on 13 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 8 Hold, 3 Sell, and 0 Strong Sell, reflecting a consensus that Rackspace is a neutral investment for most analysts.

What is Rackspace's price target?

Rackspace's price target, set by 13 Wall Street analysts, averages $3.33 over the next 12 months. The price target range spans from $1.8 at the low end to $5 at the high end, suggesting a potential 91.38% change from the previous closing price of $1.74.

How does Rackspace stock forecast compare to its benchmarks?

Rackspace's stock forecast shows a 91.38% upside, outperforming the average forecast for the technology stocks sector (34.63%).

What is the breakdown of analyst ratings for Rackspace over the past three months?

  • March 2026: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • February 2026: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • January 2026: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.

What is Rackspace’s EPS forecast?

Rackspace's average annual EPS forecast for its fiscal year ending in December 2026 is $0.06, marking a -106.32% decrease from the reported $-0.95 in 2025..

What is Rackspace’s revenue forecast?

Rackspace's average annual revenue forecast for its fiscal year ending in December 2026 is $2.91B, reflecting a 8.35% increase from the reported $2.69B in 2025.

What is Rackspace’s net income forecast?

Rackspace's net income forecast for the fiscal year ending in December 2026 stands at $13.09M, representing a -105.80% decrease from the reported $-226M in 2025.