Big Investors Bet on Rackspace Technology

Investor Interest

Rackspace Technology, Inc. is gaining attention from major investors.

• Russell Investments Group Ltd. increased its stake by 4,053.5% in Q1, now owning 846,112 shares worth approximately $1.43 million.
• Other significant investors like Price T. Rowe Associates and MetLife Investment Management also boosted their investments.

Stock Performance

The company's stock has seen volatility:

• Current Price: $1.21
• 50-day Average: $1.29
• 200-day Average: $1.55
• Market Cap: $289.63 million
• Beta: 2.06 (more volatile than the market average)

Financials and Earnings

• Revenue: $666.30 million (slightly below expectations)
• Earnings Per Share: Lower than predicted
• Q3 2025 Guidance: -0.060 to -0.040 EPS

Analyst Sentiment

Analysts have mixed opinions:

• Ratings: "Hold" to "Sell"
• Consensus Rating: "Reduce"
• Price Target: $1.58

Company Overview

Rackspace Technology operates globally, providing multi-cloud services to manage and optimize cloud infrastructure. They serve regions including:

• Americas
• Europe
• Asia-Pacific