Rackspace Technologies, Inc. (RXT) Social Stream
RACKSPACE TECHNOLOGY INC (RXT) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering RACKSPACE TECHNOLOGY INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-01-20 | 7 | $28 | $15 | $22 | $1.55 | 1319.35% |
| 2022-04-01 | 8 | $28 | $9 | $15.583 | $1.55 | 905.35% |
| 2022-05-11 | 8 | $28 | $9 | $15.1 | $1.55 | 874.19% |
| 2022-05-12 | 8 | $28 | $9 | $14.25 | $1.55 | 819.35% |
| 2022-07-20 | 8 | $13 | $5 | $10.071 | $1.55 | 549.74% |
| 2022-08-11 | 9 | $13 | $5 | $7.857 | $1.55 | 406.9% |
| 2022-08-16 | 9 | $13 | $5 | $7.571 | $1.55 | 388.45% |
| 2022-10-03 | 9 | $13 | $4 | $7.428 | $1.55 | 379.23% |
| 2022-10-14 | 9 | $13 | $4 | $6.714 | $1.55 | 333.16% |
| 2022-11-11 | 9 | $13 | $4 | $6.571 | $1.55 | 323.94% |
| 2023-01-03 | 9 | $13 | $2 | $6.5 | $1.55 | 319.35% |
| 2023-02-24 | 8 | $13 | $2 | $5.083 | $1.55 | 227.94% |
| 2023-04-24 | 7 | $13 | $1.5 | $5 | $1.55 | 222.58% |
| 2023-05-11 | 7 | $5 | $1.5 | $2.9 | $1.55 | 87.1% |
| 2023-05-12 | 7 | $5 | $1 | $2.8 | $1.55 | 80.65% |
The Trend in the Analyst Price Target
RXT's average price target has moved down $19.2 over the prior 16 months.
RXT reports an average of 102.83% for its upside potential over the past 42 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-08-16 | 9 | 13 | 5.0 | 7.571 | 5.67 | 33.53% |
| 2022-10-03 | 9 | 13 | 4.0 | 7.428 | 4.09 | 81.61% |
| 2022-11-11 | 9 | 13 | 4.0 | 6.833 | 5.60 | 22.02% |
| 2022-12-19 | 9 | 13 | 2.0 | 6.500 | 2.75 | 136.36% |
| 2023-04-24 | 8 | 13 | 1.5 | 5.000 | 1.52 | 228.95% |
RXT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 3.57 | 0 | 0 | 5 | 2 | 2 | 7 |
The Trend in the Broker Recommendations
RXT's average broker recommendation rating worsened by 1.19 over the prior 52 weeks.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In terms of how RACKSPACE TECHNOLOGY INC fares relative to all US stocks, note that its average analyst price target is greater than 215.08% of that group.
- In the context of stocks in the mid market cap category, RACKSPACE TECHNOLOGY INC's upside potential (average analyst target price relative to current price) is greater than 1982.18% of them.
- RXT has a lower variance in analysts' estimates than -1857.85% of stocks in the mid market cap category.
- In terms of how RACKSPACE TECHNOLOGY INC fares relative to Business Services stocks, note that its number of analysts covering the stock is greater than 790.85% of that group.
In the Business Services industry, CYXT, YALA, and CD are the three stocks most similar to RACKSPACE TECHNOLOGY INC regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
What is the outlook for RXT? Use POWR Ratings for clearer insight into price direction.