Rackspace Technologies, Inc. (RXT) Social Stream



Rackspace Technologies, Inc. (RXT): $1.63

0.05 (-2.98%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

RACKSPACE TECHNOLOGY INC (RXT) Price Targets From Analysts

Use the tables below to see what analysts covering RACKSPACE TECHNOLOGY INC think about its future price and what recommendations they have for investors and traders.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2022-01-20 8 $28 $15 $22 $1.77 1142.94%
2022-04-01 8 $28 $9 $15.583 $1.77 780.4%
2022-05-11 8 $28 $9 $15.1 $1.77 753.11%
2022-05-12 8 $15 $9 $11.75 $1.77 563.84%
2022-07-20 8 $13 $5 $10.071 $1.77 468.98%
2022-08-11 9 $13 $5 $7.857 $1.77 343.9%
2022-08-16 9 $13 $5 $7.571 $1.77 327.74%
2022-10-03 9 $13 $4 $7.428 $1.77 319.66%
2022-10-14 9 $13 $4 $6.714 $1.77 279.32%
2022-11-11 9 $13 $4 $6.571 $1.77 271.24%
2023-01-03 9 $13 $2 $6.5 $1.77 267.23%
2023-02-24 9 $13 $2 $5.083 $1.77 187.18%
2023-04-24 8 $13 $1.5 $5 $1.77 182.49%
2023-05-11 7 $5 $1.5 $2.9 $1.77 63.84%
2023-05-12 7 $5 $1 $2.8 $1.77 58.19%
2023-07-26 8 $5 $1 $2.583 $1.77 45.93%
2023-09-18 8 $5 $1.5 $2.75 $1.77 55.37%
2023-09-19 8 $5 $1.5 $2.75 $1.77 55.37%
2023-10-10 8 $5 $1.5 $2.857 $1.77 61.41%
2023-10-11 7 $3.5 $1.5 $2.5 $1.77 41.24%
2023-10-25 6 $3.5 $1.5 $2.5 $1.77 41.24%
2023-11-08 6 $3.5 $1 $2.333 $1.77 31.81%
2023-11-21 6 $3.5 $1 $2.166 $1.77 22.37%
2023-12-27 6 $3.5 $1 $2.125 $1.77 20.06%
2023-12-29 7 $3.5 $1 $2.125 $1.77 20.06%

The Trend in the Analyst Price Target


RXT's average price target has moved down $24.43 over the prior 38 months.

Over the past 44 weeks, RXT's average upside potential has been 55.4%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-09-27 8 5.0 1.5 2.857 2.15 32.88%
2023-11-21 6 3.5 1.0 2.166 1.35 60.44%
2023-11-24 6 3.5 1.0 2.125 1.34 58.58%
2023-11-28 6 3.5 1.0 2.125 1.26 68.65%
2023-12-06 6 3.5 1.0 2.125 1.42 49.65%

RXT Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
3.43 0 1 4 2 2 7

The Trend in the Broker Recommendations


RXT's average broker recommendation rating worsened by 0.06 over the prior 14 months.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for RXT as an investment opportunity.

  • In the context of all US stocks, RACKSPACE TECHNOLOGY INC's average analyst price target is higher than 226.01% of them.
  • In terms of how RACKSPACE TECHNOLOGY INC fares relative to stocks in the mid market cap category, note that its variance in analysts' estimates is lower than -2780% of that group.
  • RXT has a higher upside potential (average analyst target price relative to current price) than 2548.08% 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 higher than 951.09% of that group.

In the Business Services industry, HRI, ADT, and YY are the three stocks most similar to RACKSPACE TECHNOLOGY INC regarding the price target and analyst recommendation information presented here.

Is RXT a Buy, Hold or Sell? See the POWR Ratings now!


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