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RXRXT

Rackspace Technology, Inc.

$RXT·$1.2B·Software - Infrastructure·Technology
$3.15-6.8%YTD+5140.7%1Y+142.3%
Mentions · last 7 days
2026-08-21: 4 posts2026-08-22: 3 posts36+9%
Price updated 2d ago·X counts updated 8d ago
RXRXT
$RXTRackspace Technology, Inc.
$3.15-6.80%36 posts+9%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $RXT, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Broken storySelling offAI verdict · as of 2026-08-25

Falling on heavy selling — points lower unless it turns around.

Cloud-services company with today's class-action lawsuit — Apollo owns 51%, and a $250M ATM sits ready to dilute at any price.

Rackspace Technology provides multi-cloud managed services. The stock has had unusual price action; today's securities-fraud class-action filing crystallizes the risk profile.

  • Today (August 24) at least four law firms issued shareholder-action press releases (Rosen, Faruqi, Kaplan Fox) with September 28 lead-plaintiff deadline for the securities-fraud class action
  • The YTD price change shown of +5140% appears to be a data anomaly (possibly reverse-split-adjusted) — the actual $3.12 current price is what matters; 12-month change is +160%
  • Q1 2026 revenue was $678M (up 1.9% year-over-year); Q2 26 was $670M — topline essentially flat for over a year
  • The last four EPS surprises: +11%, -87%, +72%, -73% — extreme volatility reflecting one-time items in a struggling business
  • On July 9 Rackspace filed an S-3ASR shelf plus 424B5 for a $250M ATM equity program via Goldman Sachs — ongoing dilution capacity at any market price
  • Apollo Global Management owns 51% (129.6M shares per updated 13G) — controlling PE stake that constrains M&A optionality
  • Debt-to-equity is -2.65 (negative book equity) — distressed capital structure
  • On August 24 an 8-K under Item 5.02 filed — details not in summary but combined with class action is concerning
  • Beta 3.10 — extreme volatility; position vs 50-day is -37.6% — broken down technically

At $3.12 with a class-action deadline in five weeks, Apollo control, and negative book equity, this is priced as distressed-equity risk.

Differs from X sentimentX is bullish on AI-infrastructure pivot with Palantir partnership. That narrative isn't wrong but materially under-weights the today-filed class-action lawsuit, the $250M ATM overhang, and the negative book equity. The base rate for equities with all three simultaneously is not favorable.

What to watch: The September 28 class-action lead-plaintiff deadline and any Q3 print (November 5) — the combination of legal proceedings and ATM issuance capacity dominates the near-term price setup.

On the calendar: 2026-09-28 — class action lead-plaintiff deadline

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment7 posts analyzed · as of 2026-08-30

Rackspace momentum traders are stacking dips at $3.18 and $3.33, calling the $3.50 August-28 call opener a bullish OI change and comparing the setup to prior MVIS and KEEL-type moves. Chartists flag confluence of the 200-day, a key support zone and fibonacci levels holding on the small dip. Stop discipline sits below $3, and posters are reloading sales orders around $3.40 rather than selling.

Read the AI verdict + X sentiment for $RXT

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Managed multicloud services company helping enterprises migrate to and optimize workloads across AWS, Azure, and GCP.

Industry overviewAI analysisGenerated by AI from underlying data

Where Software - Infrastructure sits in its cycle right now — and what that implies for $RXT.

Software - Infrastructure · Technology

SaaS multiples remain compressed as rate-sensitive valuations weigh on pure-play software; customers are lengthening deal cycles outside of AI-native workloads. AI co-pilot upsell is the only clear near-term catalyst — companies without it are treading water.

What this means for $RXT

Partial — cloud infrastructure exposure benefits indirectly from hyperscaler capex; core business is Rackspace Technology, Inc.

Top industry ETF

$IGViShares Expanded Tech-Software Sector ETF
-4.2%YTD
+0.4%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-7.9How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-2.4%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-1.9%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
6.6%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
0.4Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
12.3%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
12.5%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
-2.7Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 11, 2026$-0.08$-0.09+11.2%
Q1 2026May 7, 2026$-0.06$-0.03-86.5%
Q4 2025Feb 26, 2026$-0.01$-0.04+72.2%
Q3 2025Nov 6, 2025$-0.05$-0.03-73.1%
Next earningsThu, Nov 5·consensus EPS $-0.08

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$678.1M+1.9%12.9%-1.3%$0.03$-9.4M
Q4 FY25$682.8M-0.4%9.5%0.2%$-0.13$56.0M
Q3 FY25$671.2M-0.7%13.8%-3.6%$-0.28$42.7M
Q2 FY25$666.3M-2.7%13.7%-3.1%$-0.23$-12.4M

Forward consensus

3-year forecast · up to 3 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$2.5B$2.5B – $2.6B-$0.17-$0.18 – -$0.142
FY27$2.6B$2.5B – $2.7B$0.17$0.04 – $0.333
FY28$2.8B$2.8B – $2.9B$0.46-$0.74 – $1.662

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.8×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.34%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-33.9%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+17.2%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 76.9M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today7.4% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β3.105-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.FilingActive offeringA shelf registration (S-3 / S-3ASR / S-1) or prospectus supplement (424B*) was filed in the last 90 days — the company is registered to (or actively) issuing new shares. Dilution risk.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellAug 14Anthony ScottDirector48.8K sh$208KSellJun 4Kellie Teal-guessChief Human Resources Officer34.0K sh$189KSellJun 4Sinha Dharmendra KumarPresident48.1K sh$267KSellJun 4Mark A. MarinoCFO48.1K sh$267KSellMay 18Kellie Teal-guessChief Human Resources Officer113.2K sh$580KSellMar 18Sinha Dharmendra KumarPresident188.1K sh$341KSellMar 18Mark A. MarinoCFO14.1K sh$25K
+ 10 other (8 awards · 2 inkinds) in window

See when $RXT insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KOfficer or director changeAug 248-K — Item 5.02: Officer or director change
AI summary

Rackspace Technology's President of Public Cloud, Dharmendra Kumar Sinha, is expected to depart on or about September 14, 2026. The departure is stated to not result from any disagreement with the company on operations, policies, or practices. A separation agreement is being negotiated that will be consistent with his employment agreement terms and will include customary releases and restrictive covenants. The exit of the senior leader overseeing Rackspace's public cloud segment — a key growth area — is worth monitoring, though the departure is framed as amicable.

424B5Prospectus supplement (offering)Jul 9424B5
AI summary

Rackspace Technology (RXT) — 424B5 explanatory-note filing for an at-the-market equity offering of up to $250 million via Goldman Sachs as sales agent at a 1.5% commission rate. This is the explanatory note version filed alongside the final prospectus. Material — $250M ATM program gives Rackspace on-demand equity access; 1.5% commission is market-standard for ATMs.

8-KMaterial agreementJul 98-K — Item 1.01: Material agreement · Item 2.02: Earnings release · Item 2.03: Material debt obligation · Item 8.01: Other event
AI summary

Rackspace Technology (RXT) — 8-K (Items 1.01, 2.02, 2.03, 8.01) filed July 2, 2026, covering multiple events: a material definitive agreement, earnings results, a new financial obligation, and other events. Multi-item filing suggests significant concurrent corporate activity. Material — combination of new contract, debt, and earnings in a single filing; refer to the full 8-K for each item's specifics.

424B5Prospectus supplement (offering)Jul 9424B5
AI summary

Rackspace Technology (RXT) — 424B5 final prospectus supplement for an at-the-market equity program of up to $250 million via Goldman Sachs as sales agent at a 1.5% commission. Shares will be sold from time to time at prevailing market prices. Material — confirms Rackspace's $250M ATM facility is active; no fixed pricing as shares sell into the market continuously.

S-3ASRAuto-shelf registrationJul 9S-3ASR
AI summary

Rackspace Technology (RXT) — S-3ASR automatic shelf registration filed July 9, 2026, enabling Rackspace to offer and sell securities on an expedited basis. Filed in connection with the concurrent $250M ATM equity program via Goldman Sachs. Administrative — enabling shelf for Rackspace's ATM and future capital raises.

3New insider — initial holdingsJun 263
AI summary

Michael Weston, associated with Apollo Management, L.P., filed a Form 3 as a newly appointed director of Rackspace Technology, Inc. (RXT) with an event date of June 18, 2026. No securities are directly beneficially owned by Mr. Weston; the filing explicitly disclaims beneficial ownership of any Apollo-affiliated RXT holdings. This is a routine insider registration reflecting Apollo's board-level representation at Rackspace — administrative, no investment activity.

8-KShareholder voteJun 188-K — Item 5.07: Shareholder vote
AI summary

Delaware 001-39420 81-3369925 disclosed voting results from its annual or special meeting. Technology, Inc. (the "Company") held its annual meeting of stockholders (the "2026 Annual Meeting"). The close of business on April 21, 2026 was previously established as the record date for the determination of stockholders entitled to notice of and to vote at the 2026 Annual Meeting (the "Record Date"). As of the Record Date, there were 249,222,499 shares of common stock of the Company outstand...

8-KPress release / Reg FDJun 168-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Rackspace Technology, Inc. (RXT) and Advanced Micro Devices (AMD) announced a definitive GPU-as-a-Service Agreement on June 16, 2026 for phased deployment of AMD Instinct GPUs (MI355X, MI350P, future successors) and EPYC CPUs across Rackspace's global data centers. Rackspace committed to an initial 30 MW of data center capacity exclusively for AMD Products, with deployment beginning in late 2026 and full 30 MW buildout through 2028; financial terms not disclosed. Strategically transformative partnership positioning Rackspace as a major operator for AMD-based enterprise AI infrastructure, amplifying the concurrent workforce realignment toward AI services.

+ 14 other (3 13Gs · 2 10-Qs · 2 earnings 8-Ks · 2 proxys) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

ROSEN, TOP-RANKED INVESTOR COUNSEL, Encourages Rackspace Technology, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - RXTnewsfilecorp.com·10h agoRackspace Technology, Inc. Securities Fraud Class Action Lawsuit Filed; September 28, 2026, Lead Plaintiff Deadlineglobenewswire.com·19h agoROSEN, TRUSTED INVESTOR COUNSEL, Encourages Rackspace Technology, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – RXTglobenewswire.com·1d agoFaruqi & Faruqi, LLP Urges Rackspace Technology, Inc. (RXT) Investors to Seek Counsel Before the September 28, 2026 Lead Plaintiff Deadline in the Securities Class Actionnewsfilecorp.com·1d agoRackspace Technology, Inc. Investors: September 28, 2026, Deadline in Securities Fraud Class Action Lawsuitgurufocus.com·2d ago

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