Rackspace Technology Share Price Today
(NASDAQ: RXT)

Name: Rackspace Technology Share Price Today (NASDAQ: RXT) - Rackspace Technology Stock Price Live Quote | INDmoney
Brand: INDmoney
Rating: 4.7 (371551 reviews)

Rackspace Technology share price is $2.41 & ₹209.60 as on 6 Mar 2025, 2.30 'hrs' IST

$2.41

▲

0.04

(1.69%)

Market is closed - opens 8 PM, 06 Mar 2025

View live Rackspace Technology share price in Dollar and Rupees. Guide to invest in Rackspace Technology stock from India, including Indian investor sentiment. Get details on Indian mutual funds investing in Rackspace Technology, along with analyst recommendations, forecasts, and comprehensive financials.

Rackspace Technology share price movements

Today's Low: $2.35
Today's High: $2.43
$2.41
2.7%
Downside
Day's Volatility :3.5%
Upside
0.82%
52 Weeks Low: $1.45
52 Weeks High: $3.41
$2.41
39.83%
Downside
52 Weeks Volatility :57.46%
Upside
29.3%

Rackspace Technology (RXT) Returns

Period	Rackspace Technology, Inc.	Sector (Technology)	Index (Russel 2000)
3 Months	-8.14%	-8.9%	0.0%
6 Months	5.33%	4.4%	0.0%
1 Year	28.8%	6.3%	0.0%
3 Years	-76.13%	45.9%	-11.6%

Rackspace Technology (RXT) Key Statistics

in dollars & INR

Previous Close	$2.37
Open	$2.39
Today's High	$2.43
Today's Low	$2.345
Market Capitalization	$543.0M
Today's Volume	$139.3K
52 Week High	$3.4088
52 Week Low	$1.45
Revenue TTM	$2.7B
EBITDA	$181.7M
Earnings Per Share (EPS)	$-3.83
Profit Margin	-31.52%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	-352.76%

How to invest in Rackspace Technology Stock (RXT) from India?

It is very easy for Indian residents to invest directly in Rackspace Technology from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Rackspace Technology stock in both Indian Rupees (INR) and US Dollars (USD). Search for Rackspace Technology or RXT on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Rackspace Technology or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Rackspace Technology shares which would translate to 0.361 fractional shares of Rackspace Technology as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Rackspace Technology, in just a few clicks!

Returns in Rackspace Technology (RXT) for Indian investors in Rupees

The Rackspace Technology stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

Investment Value

₹1,00,000

Rackspace Technology investment value today

Current value as on today

₹1,35,941

Returns

₹35,941

(+35.94%)

Returns from Rackspace Technology Stock

₹30,978 (+30.98%)

Dollar Returns

₹4,963 (+4.96%)

Indian investors sentiment towards Rackspace Technology (RXT)

-27%

Period: Feb 3, 2025 to Mar 5, 2025. Change in 30 Days versus previous period

Search interest for Rackspace Technology Stock from India on INDmoney has decreased by -27% in the last 30 days, reflecting a downward trend in search activity.

Global Institutional Holdings in Rackspace Technology

Apollo Management Holdings LP
56.57%
Mackenzie Investments
2.85%
BlackRock Inc
2.23%
Vanguard Group Inc
2.13%
CastleKnight Management LP
1.48%
Morgan Stanley - Brokerage Accounts
0.96%

Analyst Recommendation on Rackspace Technology

Sell

7%Buy

46%Hold

46%Sell

Based on 13 Wall street analysts offering stock ratings for Rackspace Technology(by analysts ranked 0 to 5 stars)

Based on 13 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Rackspace Technology Stock (RXT)

What analysts predicted

Upside of 22.41%

Target:

$2.95

Current:

$2.41

Insights on Rackspace Technology Stock (Ticker Symbol: RXT)

Price Movement
In the last 1 year, RXT stock has moved up by 34.7%
Increasing Revenue
Revenue is up for the last 2 quarters, 675.8M → 685.6M (in $), with an average increase of 1.4% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, -186.6M → -60.4M (in $), with an average increase of 208.9% per quarter
RXT vs PLTR (1 yr)
In the last 1 year, Palantir Technologies Inc has given 254.5% return, outperforming this stock by 219.8%
RXT vs PLTR (3 yr)
In the last 3 years, Palantir Technologies Inc has given 670.1% return, outperforming this stock by 746.5%
Price to Sales
ForRXT every $1 of sales, investors are willing to pay $0.2, whereas for Palantir Technologies Inc, the investors are paying $66.3 for every $1 of sales.

RXT Rackspace Technology Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$2.5B	↑ 14.37%
Net Income	$-470.6M	↑ 685.64%
Net Profit Margin	-19.19%	↓ 16.4%

	FY19	Y/Y Change
Revenue	$2.4B	↓ 0.6%
Net Income	$-102.3M	↓ 78.26%
Net Profit Margin	-4.2%	↑ 14.99%

	FY20	Y/Y Change
Revenue	$2.7B	↑ 11.03%
Net Income	$-245.8M	↑ 140.27%
Net Profit Margin	-9.08%	↓ 4.88%

	FY21	Y/Y Change
Revenue	$3.0B	↑ 11.17%
Net Income	$-218.3M	↓ 11.19%
Net Profit Margin	-7.25%	↑ 1.83%

	FY22	Y/Y Change
Revenue	$3.1B	↑ 3.75%
Net Income	$-804.8M	↑ 268.67%
Net Profit Margin	-25.78%	↓ 18.53%

	FY23	Y/Y Change
Revenue	$3.0B	↓ 5.29%
Net Income	$-837.8M	↑ 4.1%
Net Profit Margin	-28.33%	↓ 2.55%

	Q3 FY23	Q/Q Change
Revenue	$732.4M	↓ 1.86%
Net Income	$-226.6M	↑ 733.09%
Net Profit Margin	-30.94%	↓ 27.3%

	Q4 FY23	Q/Q Change
Revenue	$719.7M	↓ 1.73%
Net Income	$28.0M	↓ 112.36%
Net Profit Margin	3.89%	↑ 34.83%

	Q1 FY24	Q/Q Change
Revenue	$690.8M	↓ 4.02%
Net Income	$-640.6M	↓ 2387.86%
Net Profit Margin	-92.73%	↓ 96.62%

	Q2 FY24	Q/Q Change
Revenue	$684.9M	↓ 0.85%
Net Income	$25.0M	↓ 103.9%
Net Profit Margin	3.65%	↑ 96.38%

	Q3 FY24	Q/Q Change
Revenue	$675.8M	↓ 1.33%
Net Income	$-186.6M	↓ 846.4%
Net Profit Margin	-27.61%	↓ 31.26%

	Q4 FY24	Q/Q Change
Revenue	$685.6M	↑ 1.45%
Net Income	$-60.4M	↓ 67.63%
Net Profit Margin	-8.81%	↑ 18.8%

	FY18	Y/Y Change
Profit	$1.0B	↑ 27.38%

	FY19	Y/Y Change
Profit	$1.0B	↑ 0.41%

	FY20	Y/Y Change
Profit	$984.4M	↓ 2.65%

	FY21	Y/Y Change
Profit	$936.8M	↓ 4.84%

	FY22	Y/Y Change
Profit	$856.9M	↓ 8.53%

	FY23	Y/Y Change
Profit	$648.6M	↓ 24.31%

	Q3 FY23	Q/Q Change
Profit	$152.0M	↓ 0.72%

	Q4 FY23	Q/Q Change
Profit	$114.7M	↓ 24.54%

	Q1 FY24	Q/Q Change
Profit	$94.2M	↓ 17.87%

	Q2 FY24	Q/Q Change
Profit	$131.4M	↑ 39.49%

	Q3 FY24	Q/Q Change
Profit	$137.5M	↑ 4.64%

	Q4 FY24	Q/Q Change
Profit	$131.7M	↓ 4.22%

	FY19	Y/Y Change
Operating Cash Flow	$292.9M	↓ 31.85%
Investing Cash Flow	$-386.5M	↑ 10.97%
Financing Cash Flow	$-79.2M	↑ 47.49%

	FY20	Y/Y Change
Operating Cash Flow	$116.7M	↓ 60.16%
Investing Cash Flow	$-128.4M	↓ 66.78%
Financing Cash Flow	$29.9M	↓ 137.75%

	FY21	Y/Y Change
Operating Cash Flow	$370.8M	↑ 217.74%
Investing Cash Flow	$-69.0M	↓ 46.26%
Financing Cash Flow	$-132.2M	↓ 542.14%

	FY22	Y/Y Change
Operating Cash Flow	$259.3M	↓ 30.07%
Investing Cash Flow	$-97.9M	↑ 41.88%
Financing Cash Flow	$-187.0M	↑ 41.45%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$37.8M	↓ 2089.47%
Investing Cash Flow	$-23.2M	↑ 98.29%
Financing Cash Flow	$-29.5M	↓ 28.57%

Rackspace Technology Technicals Summary

Sell

Neutral

Buy

Rackspace Technology is currently in a neutral trading position according to technical analysis indicators.

Rackspace Technology (RXT) Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Rackspace Technology, Inc.	-11.24%	5.33%	28.8%	-76.13%	-85.54%
Crowdstrike Holdings, Inc.	-4.26%	52.15%	18.38%	133.07%	753.0%
Oracle Corp.	-6.21%	10.42%	40.26%	111.88%	242.25%
Palo Alto Networks, Inc.	0.53%	7.28%	32.24%	107.36%	596.74%
Palantir Technologies Inc	-18.71%	179.84%	222.63%	659.68%	788.42%
Microsoft Corporation	-5.43%	-4.84%	-3.35%	39.33%	158.01%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Rackspace Technology, Inc.	NA	NA	3.86	-0.13	-3.53	-0.02	NA	-4.4
Crowdstrike Holdings, Inc.	750.45	750.45	1.76	3.76	0.05	0.0	NA	12.42
Oracle Corp.	39.67	39.67	1.76	6.15	1.25	0.08	0.01	4.92
Palo Alto Networks, Inc.	104.17	104.17	2.56	3.23	0.23	0.04	NA	9.65
Palantir Technologies Inc	439.05	439.05	2.85	0.56	0.11	0.04	NA	2.14
Microsoft Corporation	31.25	31.25	2.07	13.16	0.34	0.15	0.01	40.71

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Rackspace Technology, Inc.	Sell	$543.0M	-85.54%	NA	-31.52%
Crowdstrike Holdings, Inc.	Buy	$94.3B	753.0%	750.45	3.39%
Oracle Corp.	Buy	$440.4B	242.25%	39.67	21.16%
Palo Alto Networks, Inc.	Buy	$122.1B	596.74%	104.17	14.64%
Palantir Technologies Inc	Hold	$195.6B	788.42%	439.05	16.13%
Microsoft Corporation	Buy	$2.9T	158.01%	31.25	35.43%

About Rackspace Technology

Rackspace Technology, Inc. operates as a multi cloud technology services company in the Americas, Europe, the Middle East, Africa, and The Asia-Pacific region. It operates through three segments: Multicloud Services, Apps & Cross Platform, and OpenStack Public Cloud. The company provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; professional services related to designing and building multi cloud solutions and cloud-native applications; and managed hosting and colocation services. It also helps customers establish governance, operational, and architectural frameworks to mitigate risks and reduce inefficiencies to manage costs, achieve industry-specific compliance objectives, and enhance security. In addition, the company offers managed applications, including running large-scale SaaS applications for customers on its and public cloud infrastructure; managed security services in the areas of security threat assessment and prevention, threat detection and response, rapid remediation, governance, and risk and compliance assistance across multiple cloud platforms, as well as privacy and data protection services, including detailed access restrictions and reporting; data services; and professional services related to designing and implementing application, security, and data services. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.

Organization	Rackspace Technology
Employees	0
CEO	Mr. Amar Maletira
Industry	Technology Services

Management People of Rackspace Technology

Name	Title
Mr. Amar Maletira	President, CEO & Director
Mr. Srinivas Koushik	Executive VP and President of Technology, Sustainability & Artificial Intelligence
Mr. Dharmendra Kumar Sinha	Executive VP & President of Public Cloud Business Unit
Mr. Brian J. Lillie	Advisor
Mr. Mark A. Marino	Executive VP & CFO
Sagar Hebbar	Head of Investor Relations
Mr. Michael Bross	Chief Legal Officer, Senior VP & Corporate Secretary
Ms. Kathleen Schneider	Chief Marketing Officer
Ms. Kellie Teal-Guess	Chief Human Resources Officer

Important FAQs about investing in RXT Stock from India :

What is Rackspace Technology share price today?

Rackspace Technology share price today stands at $2.41, Open: $2.39 ; Previous Close: $2.37 ; High: $2.43 ; Low: $2.35 ; 52 Week High: $3.41 ; 52 Week Low: $1.45.

The stock opens at $2.39, after a previous close of $2.37. The stock reached a daily high of $2.43 and a low of $2.35, with a 52-week high of $3.41 and a 52-week low of $1.45.

Can Indians buy Rackspace Technology shares?

Yes, Indians can invest in the Rackspace Technology (RXT) from India.

With INDmoney, you can buy Rackspace Technology at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Rackspace Technology at zero transaction cost.

How can I buy Rackspace Technology shares from India?

It is very easy to buy Rackspace Technology from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Rackspace Technology (RXT) be purchased?

Yes, you can buy fractional shares of Rackspace Technology with INDmoney app.

What are the documents required to start investing in Rackspace Technology stocks?

To start investing in Rackspace Technology, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.