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Rackspace Technology Inc
NASDAQ:RXT

Watchlist Manager
Rackspace Technology Inc Logo
Rackspace Technology Inc
NASDAQ:RXT
Watchlist
Price: 1.63 USD -2.98%
Updated: Apr 25, 2024
Section:
 

Wall Street
Price Targets

RXT Price Targets Summary
Rackspace Technology Inc

Wall Street analysts forecast RXT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for RXT is 2.24 USD with a low forecast of 1.01 USD and a high forecast of 3.15 USD.

RXT Lowest Forecast
Wall Street Target
1.01 USD
38% Downside
RXT Average Forecast
Wall Street Target
2.24 USD
37% Upside
RXT Highest Forecast
Wall Street Target
3.15 USD
93% Upside
Lowest
Price Target
1.01 USD
38% Downside
Average
Price Target
2.24 USD
37% Upside
Highest
Price Target
3.15 USD
93% Upside

RXT Last Price Targets
Rackspace Technology Inc

The latest public price target was made on Mar 13, 2024 by Keith Bachman from BMO Capital , who expects RXT stock to rise by 53% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Keith Bachman
BMO Capital
2.5 USD
Upside 53%
1 month ago
Mar 13, 2024
Rackspace Technology Inc. (RXT) PT Raised to $2.50 at BMO Capital
StreetInsider
Frank Louthan
Raymond James
3 USD
Upside 84%
1 month ago
Mar 13, 2024
Rackspace Technology Inc. (RXT) PT Lowered to $3 at Raymond James
StreetInsider
Frank Louthan
Raymond James
3.5 USD
Upside 115%
7 months ago
Sep 19, 2023
Raymond James Upgrades Rackspace Technology Inc. (RXT) to Outperform 'on Turnaround Traction'
StreetInsider
Keith Bachman
BMO Capital
Price Target 2.5 USD
Upside/Downside 53%
View Source
Frank Louthan
Raymond James
Price Target 3 USD
Upside/Downside 84%
View Source
Frank Louthan
Raymond James
Price Target 3.5 USD
Upside/Downside 115%
View Source
Rackspace Technology Inc Competitors:
Price Targets
TWLO
Twilio Inc
22% Upside
CD
Chindata Group Holdings Ltd
31% Upside
6050
E-Guardian Inc
140% Upside
GDDY
GoDaddy Inc
9% Upside
TWLO
Twilio Inc
22% Upside
CD
Chindata Group Holdings Ltd
31% Upside
6050
E-Guardian Inc
140% Upside
GDDY
GoDaddy Inc
9% Upside
VRSN
Verisign Inc
27% Upside
D
DOCN
DigitalOcean Holdings Inc
26% Upside
WIX
Wix.Com Ltd
36% Upside
4477
Base Inc
36% Upside

Revenue
Forecast

Revenue Estimate
Rackspace Technology Inc

For the last 7 years the compound annual growth rate for Rackspace Technology Inc's revenue is 5%. The projected CAGR for the next 3 years is 0%.

5%
Past Growth
0%
Estimated Growth
Estimates Accuracy
-1%
Average Miss
What are analyst estimates?

Operating Income
Forecast

Operating Income Estimate
Rackspace Technology Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-96%
Average Miss
What are analyst estimates?

Net Income
Forecast

Net Income Estimate
Rackspace Technology Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average
What are analyst estimates?

See Also

Summary
RXT intrinsic value, competitors valuation, and company profile.
DCF Valuation
RXT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
RXT stock valuation using valuation multiples.
Wall Street Estimates
RXT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
RXT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is RXT's stock price target?
Price Target
2.24 USD

According to Wall Street analysts, the average 1-year price target for RXT is 2.24 USD with a low forecast of 1.01 USD and a high forecast of 3.15 USD.

What is Rackspace Technology Inc's Revenue forecast?
Projected CAGR
0%

For the last 7 years the compound annual growth rate for Rackspace Technology Inc's revenue is 5%. The projected CAGR for the next 3 years is 0%.

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