Rackspace Technology (RXT) analyst forecast and price target
Analyst forecast
Consensus of 3 analyst ratings
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| RBC Capital | Maintained | Sector Perform | $4.00 from $2.50 | Jun 17, 2026 |
| RBC Capital | Maintained | Sector Perform | $2.50 from $1.75 | Feb 27, 2026 |
| RBC Capital | Maintained | Sector Perform | $1.75 from $2.00 | Nov 10, 2025 |
| BMO Capital | Maintained | Market Perform | $1.40 from $1.75 | Aug 12, 2025 |
| Raymond James | Downgraded | Outperform → Market Perform | — | Jun 2, 2025 |
| RBC Capital | Maintained | Sector Perform | $2.00 from $3.00 | May 12, 2025 |
| UBS | Maintained | Neutral | $1.90 from $2.95 | May 9, 2025 |
| Barclays | Maintained | Underweight | $1.00 from $2.00 | Apr 25, 2025 |
| Barclays | Maintained | Underweight | $2.00 from $1.00 | Nov 18, 2024 |
| UBS | Maintained | Neutral | $2.30 from $2.10 | Aug 16, 2024 |
| Evercore ISI Group | Maintained | In-Line | $2.00 from $3.00 | Mar 13, 2024 |
| RBC Capital | Maintained | Sector Perform | $3.00 | Mar 13, 2024 |
| BMO Capital | Maintained | Market Perform | $2.50 from $1.50 | Mar 13, 2024 |
| Raymond James | Maintained | Outperform | $3.00 from $3.50 | Mar 13, 2024 |
| Citigroup | Maintained | Sell | $1.25 from $1.50 | Nov 20, 2023 |
| UBS | Initiated Coverage | Neutral | $1.40 | Nov 7, 2023 |
| Barclays | Maintained | Underweight | $1.00 from $2.00 | Oct 23, 2023 |
| Raymond James | Upgraded | Market Perform → Outperform | $3.50 | Sep 19, 2023 |
| Credit Suisse | Maintained | Outperform | $5.00 from $4.15 | Aug 9, 2023 |
| BMO Capital | Maintained | Market Perform | $2.50 from $1.50 | Aug 9, 2023 |
Frequently asked questions
Is RXT a buy, sell, or hold?
Analysts covering Rackspace Technology currently average a Hold rating: 0 buy, 3 hold and 0 sell, from 3 analysts. Ratings reflect analyst opinion, not investment advice.
What is the latest analyst rating on RXT?
On Jun 17, 2026, RBC Capital maintained Rackspace Technology at Sector Perform with a price target of $4.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.