Rackspace Technology share price today

(RXT)

Rackspace Technology share price is $2.25 & ₹191.20 as on 21 Dec 2024, 2.30 'hrs' IST

$2.25

▲

0.01

(0.45%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Rackspace Technology share price in Dollar and Rupees. Guide to invest in Rackspace Technology from India. Also see the sentimental analysis on Indian investors investing in Rackspace Technology. Get details on the Indian mutual funds that are investing in Rackspace Technology. Get Analyst recommendations and forecasts along with all the Rackspace Technology's financials.

Rackspace Technology share price movements

Today's Low: $2.20
Today's High: $2.33
$2.25
2.44%
Downside
Day's Volatility :5.59%
Upside
3.23%
52 Weeks Low: $1.45
52 Weeks High: $3.41
$2.25
35.56%
Downside
52 Weeks Volatility :57.46%
Upside
33.99%

Rackspace Technology Returns

Period	Rackspace Technology, Inc.	Sector (Technology)	Index (Russel 2000)
3 Months	-6.64%	6.0%	0.0%
6 Months	-10.54%	3.3%	0.0%
1 Year	14.8%	23.0%	0.0%
3 Years	-84.15%	39.0%	-19.7%

Rackspace Technology Key Statistics

in dollars & INR

Previous Close	$2.24
Open	$2.21
Today's High	$2.325
Today's Low	$2.195
Market Capitalization	$509.8M
Today's Volume	$798.4K
52 Week High	$3.4088
52 Week Low	$1.45
Revenue TTM	$2.8B
EBITDA	$203.3M
Earnings Per Share (EPS)	$-3.45
Profit Margin	-27.94%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	-352.76%

How to invest in Rackspace Technology 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 0.378 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 for Indian investors in Rupees

Investment Value

₹1,00,000

Rackspace Technology investment value today

Current value as on today

₹1,16,992

Returns

₹16,992

(+16.99%)

Returns from Rackspace Technology Stock

₹14,796 (+14.8%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Rackspace Technology

38%

Period: Sep 22, 2024 to Dec 21, 2024. Change in 30 Days versus previous period

Search volume for Rackspace Technology on INDmoney from India has grown in the last 30 days as on Dec 22, 2024. 38% more investors are searching Rackspace Technology in the last 30 days versus the previous period.

Global Institutional Holdings in Rackspace Technology

Apollo Management Holdings LP
56.95%
Mackenzie Investments
2.55%
BlackRock Inc
2.10%
Vanguard Group Inc
2.08%
CastleKnight Management LP
1.61%
Morgan Stanley - Brokerage Accounts
0.80%

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

What analysts predicted

Upside of 28.52%

Current:

$2.25

Target:

$2.89

Insights on Rackspace Technology

Price Movement
In the last 3 years, RXT stock has moved down by -83.7%
Decreasing Revenue
Revenue is down for the last 9 quarters, 787.6M → 675.8M (in $), with an average decrease of 1.9% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 25.0M → -186.6M (in $), with an average decrease of 846.4% per quarter
RXT vs PLTR (1 yr)
In the last 1 year, Palantir Technologies Inc has given 357.9% return, outperforming this stock by 332.9%
RXT vs PLTR (3 yr)
In the last 3 years, Palantir Technologies Inc has given 326.2% return, outperforming this stock by 409.9%
Price to Sales
ForRXT every $1 of sales, investors are willing to pay $0.2, whereas for Palantir Technologies Inc, the investors are paying $67.6 for every $1 of sales.

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%

	Q2 FY23	Q/Q Change
Revenue	$746.3M	↓ 1.63%
Net Income	$-27.2M	↓ 95.56%
Net Profit Margin	-3.64%	↑ 77.02%

	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%

	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	$628.8M	↓ 26.62%

	Q2 FY23	Q/Q Change
Profit	$153.1M	↓ 9.73%

	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%

	FY18	Y/Y Change
Operating Cash Flow	$429.8M	↑ 47.34%
Investing Cash Flow	$-348.3M	↓ 71.6%
Financing Cash Flow	$-53.7M	↓ 106.19%

	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 not in a favorable trading position ( SELL ) according to technical analysis indicators.

Rackspace Technology Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Rackspace Technology, Inc.	-12.79%	-10.54%	14.8%	-84.15%	-86.27%
Microsoft Corporation	5.75%	-2.47%	16.53%	30.45%	177.42%
Palantir Technologies Inc	31.27%	233.4%	355.6%	325.52%	747.89%
Palo Alto Networks, Inc.	-6.07%	17.96%	24.18%	99.49%	383.49%
Adobe Systems Inc.	-11.35%	-14.69%	-25.25%	-21.5%	35.65%
Oracle Corp.	-11.83%	21.28%	59.77%	89.1%	217.48%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Rackspace Technology, Inc.	NA	NA	3.86	-0.27	-3.53	-0.02	NA	-4.17
Microsoft Corporation	36.09	36.09	2.32	11.8	0.36	0.15	0.01	38.69
Palantir Technologies Inc	371.05	371.05	3.25	0.38	0.12	0.05	NA	1.98
Palo Alto Networks, Inc.	49.02	49.02	2.1	5.57	0.75	0.03	NA	15.9
Adobe Systems Inc.	35.33	35.33	1.44	18.27	0.35	0.16	NA	32.69
Oracle Corp.	41.27	41.27	1.78	5.59	1.56	0.07	0.01	3.16

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Rackspace Technology, Inc.	Sell	$509.8M	-86.27%	NA	-27.94%
Microsoft Corporation	Buy	$3.2T	177.42%	36.09	35.61%
Palantir Technologies Inc	Hold	$169.1B	747.89%	371.05	18.01%
Palo Alto Networks, Inc.	Buy	$124.3B	383.49%	49.02	32.11%
Adobe Systems Inc.	Buy	$192.5B	35.65%	35.33	25.59%
Oracle Corp.	Buy	$472.1B	217.48%	41.27	20.4%

About Rackspace Technology

rackspace, the #1 managed cloud company, helps businesses tap the power of cloud computing without the challenge and expense of managing complex it infrastructure and application platforms on their own. rackspace engineers deliver specialized expertise on top of leading technologies developed by openstack, microsoft, vmware and others, through a results-obsessed service known as fanatical support®. we have more than 300,000 customers worldwide, including two-thirds of the fortune 100. rackspace was named a leader in the 2015 gartner magic quadrant for cloud-enabled managed hosting, and has been honored as one of fortune’s best companies to work for in six of the past eight years. learn more at www.rackspace.com.

Organization	Rackspace Technology
Employees	5800
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	Executive VP & President of Private Cloud Business Unit
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 Rackspace Technology from India :

What is Rackspace Technology share price today?

Rackspace Technology share price today stands at $2.25, Open: $2.21 ; Previous Close: $2.24 ; High: $2.33 ; Low: $2.20 ; 52 Week High: $3.41 ; 52 Week Low: $1.45. The stock opens at $2.21, after a previous close of $2.24. The stock reached a daily high of $2.33 and a low of $2.20, 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 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.