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NASDAQ: RXT
Rackspace Technology Inc Stock Forecast, Predictions & Price Target

Analyst price target for RXT

Based on 4 analysts offering 12 month price targets for Rackspace Technology Inc.
Min Forecast
$2.00+8.11%
Avg Forecast
$2.63+41.89%
Max Forecast
$3.00+62.16%

Should I buy or sell RXT stock?

Based on 4 analysts offering ratings for Rackspace Technology Inc.
Hold
Strong Buy
0 analysts 0%
Buy
1 analysts 25%
Hold
3 analysts 75%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RXT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-13
lockedlocked$00.00+00.00%2024-03-13
lockedlocked$00.00+00.00%2024-03-13
lockedlocked$00.00+00.00%2024-03-13

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Forecast return on equity

Is RXT forecast to generate an efficient return?
Company
N/A
Industry
42.57%
Market
27.8%

Forecast return on assets

Is RXT forecast to generate an efficient return on assets?
Company
N/A
Industry
22.25%

RXT revenue forecast

What is RXT's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$2.7B-6.25%
Avg 2 year Forecast
$2.8B-2.9%
RXT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RXT revenue growth forecast

How is RXT forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
0.15%
Industry
10.59%
Market
9.78%
RXT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RXT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RXT vs Software Infrastructure Stocks

TickerPricePrice TargetUp/downsideConsensus
RXT$1.85$2.63+41.89%Hold
PRTH$4.94$11.00+122.67%Strong Buy
CCSI$19.55$21.33+9.12%Hold
FAAS$8.49N/AN/A
OSPN$13.05$13.38+2.49%Hold

Rackspace Technology Stock Forecast FAQ

Is Rackspace Technology Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: RXT) stock is to Hold RXT stock.

Out of 4 analysts, 0 (0%) are recommending RXT as a Strong Buy, 1 (25%) are recommending RXT as a Buy, 3 (75%) are recommending RXT as a Hold, 0 (0%) are recommending RXT as a Sell, and 0 (0%) are recommending RXT as a Strong Sell.

If you're new to stock investing, here's how to buy Rackspace Technology stock.

What is RXT's revenue growth forecast for 2024-2025?

(NASDAQ: RXT) Rackspace Technology's forecast annual revenue growth rate of 0.15% is not forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 10.59%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.78%.

Rackspace Technology's revenue in 2024 is $2,889,200,000.On average, 1 Wall Street analysts forecast RXT's revenue for 2024 to be $606,321,591,604, with the lowest RXT revenue forecast at $606,321,591,604, and the highest RXT revenue forecast at $606,321,591,604.

In 2025, RXT is forecast to generate $627,990,324,554 in revenue, with the lowest revenue forecast at $627,990,324,554 and the highest revenue forecast at $627,990,324,554.

What is RXT's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: RXT) forecast ROA is N/A, which is lower than the forecast US Software - Infrastructure industry average of 22.25%.

What is RXT's Price Target?

According to 4 Wall Street analysts that have issued a 1 year RXT price target, the average RXT price target is $2.63, with the highest RXT stock price forecast at $3.00 and the lowest RXT stock price forecast at $2.00.

On average, Wall Street analysts predict that Rackspace Technology's share price could reach $2.63 by Mar 13, 2025. The average Rackspace Technology stock price prediction forecasts a potential upside of 41.89% from the current RXT share price of $1.85.

What is RXT's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: RXT) forecast ROE is N/A, which is considered weak.
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