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Rackspace Technology, Inc. (RXT) Stock Fundamental Analysis & AI Rating 2026

RXT Nasdaq Services-Computer Programming, Data Processing, Etc. DE CIK: 0001810019
Recently Updated • Analysis: Apr 15, 2026 • SEC Data: 2025-12-31
STRONG SELL
85% Conf
Pending
Analysis scheduled

📊 RXT Key Takeaways

Revenue: $2.7B
Net Margin: -8.4%
Free Cash Flow: $90.6M
Current Ratio: 0.68x
Debt/Equity: N/A
EPS: $-0.95
AI Rating: STRONG SELL with 85% confidence
Rackspace Technology, Inc. (RXT) receives a STRONG SELL rating with 85% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $2.7B, net profit margin of -8.4%, Rackspace Technology, Inc. demonstrates mixed fundamentals in the Technology sector. Below is our complete RXT stock analysis for 2026.

Is Rackspace Technology, Inc. (RXT) a Good Investment?

Claude

Rackspace is in severe financial distress with negative stockholders equity, unprofitable operations, and deteriorating revenue trends. While positive free cash flow provides temporary runway, the company's structural problems—negative equity, weak liquidity, and high debt burden—require significant turnaround efforts to avoid further deterioration.

Why Buy Rackspace Technology, Inc. Stock? RXT Key Strengths

Claude
  • + Positive operating cash flow of $151.4M despite net losses, suggesting cash generation capability
  • + Positive free cash flow of $90.6M after capex demonstrates some financial resilience
  • + Gross margin of 18.9% indicates underlying product/service value exists

RXT Stock Risks: Rackspace Technology, Inc. Investment Risks

Claude
  • ! Negative stockholders equity of -$1.2B indicates technical insolvency on a book value basis
  • ! Current ratio of 0.68x signals acute liquidity constraints and inability to cover short-term obligations
  • ! Operating income of -$100.7M and net margin of -8.4% show core business is unprofitable
  • ! Revenue declining -1.9% YoY with no clear path to profitability or growth recovery
  • ! Long-term debt of $2.7B with negative interest coverage ratio of -2.3x creates refinancing risk
  • ! Negative ROA of -8.1% indicates inefficient asset utilization and value destruction

Key Metrics to Watch

Claude
  • * Quarterly operating income trend—must reach profitability to sustain debt service
  • * Revenue growth trajectory—stabilization essential to prevent further deterioration
  • * Free cash flow sustainability—if FCF turns negative, liquidity crisis becomes imminent
  • * Debt refinancing ability—ability to restructure or refinance $2.7B debt load
  • * Customer retention and gross margin stability—key to operational recovery

Rackspace Technology, Inc. (RXT) Financial Metrics & Key Ratios

Revenue
$2.7B
Net Income
$-225.8M
EPS (Diluted)
$-0.95
Free Cash Flow
$90.6M
Total Assets
$2.8B
Cash Position
$105.8M

💡 AI Analyst Insight

The relatively thin 3.4% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.

RXT Profit Margin, ROE & Profitability Analysis

Gross Margin 18.9%
Operating Margin -3.7%
Net Margin -8.4%
ROE N/A
ROA -8.1%
FCF Margin 3.4%

RXT vs Technology Sector: How Rackspace Technology, Inc. Compares

How Rackspace Technology, Inc. compares to Technology sector averages

Net Margin
RXT -8.4%
vs
Sector Avg 18.0%
RXT Sector
ROE
RXT 0.0%
vs
Sector Avg 22.0%
RXT Sector
Current Ratio
RXT 0.7x
vs
Sector Avg 2.5x
RXT Sector
Debt/Equity
RXT 0.0x
vs
Sector Avg 0.5x
RXT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Rackspace Technology, Inc. Stock Overvalued? RXT Valuation Analysis 2026

Based on fundamental analysis, Rackspace Technology, Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
N/A
Sector avg: 22%
Net Profit Margin
-8.4%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Rackspace Technology, Inc. Balance Sheet: RXT Debt, Cash & Liquidity

Current Ratio
0.68x
Quick Ratio
0.68x
Debt/Equity
N/A
Debt/Assets
143.6%
Interest Coverage
-2.30x
Long-term Debt
$2.7B

RXT Revenue & Earnings Growth: 5-Year Financial Trend

RXT 5-year financial data: Year 2021: Revenue $3.0B, Net Income -$102.3M, EPS $-0.62. Year 2022: Revenue $3.1B, Net Income -$245.8M, EPS $-1.37. Year 2023: Revenue $3.1B, Net Income -$218.3M, EPS $-1.05. Year 2024: Revenue $3.1B, Net Income -$804.8M, EPS $-3.81. Year 2025: Revenue $3.0B, Net Income -$837.8M, EPS $-3.89.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Rackspace Technology, Inc.'s revenue has remained relatively flat over the 5-year period, with a 2% decline. The most recent EPS of $-3.89 indicates the company is currently unprofitable.

RXT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
3.4%
Free cash flow / Revenue

RXT Quarterly Earnings & Performance

Quarterly financial performance data for Rackspace Technology, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $671.2M -$67.1M $-0.28
Q2 2025 $666.3M $25.0M $0.11
Q1 2025 $665.4M -$71.5M $-0.31
Q3 2024 $675.8M -$186.6M $-0.82
Q2 2024 $684.9M $25.0M $0.11
Q1 2024 $690.8M -$612.0M $-2.87
Q3 2023 $732.4M -$226.6M $-1.05
Q2 2023 $746.3M -$27.2M $-0.13

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Rackspace Technology, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$151.4M
Cash generated from operations
Capital Expenditures
$60.8M
Investment in assets
Dividends
None
No dividend program

RXT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Rackspace Technology, Inc. (CIK: 0001810019)

📋 Recent SEC Filings

Date Form Document Action
Apr 3, 2026 8-K rxt-20260331.htm View →
Mar 18, 2026 4 xslF345X06/wk-form4_1773880695.xml View →
Mar 18, 2026 4 xslF345X06/wk-form4_1773880689.xml View →
Mar 6, 2026 10-K rxt-20251231.htm View →
Mar 2, 2026 4 xslF345X05/wk-form4_1772503997.xml View →

Frequently Asked Questions about RXT

What is the AI rating for RXT?

Rackspace Technology, Inc. (RXT) has an AI rating of STRONG SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are RXT's key strengths?

Claude: Positive operating cash flow of $151.4M despite net losses, suggesting cash generation capability. Positive free cash flow of $90.6M after capex demonstrates some financial resilience.

What are the risks of investing in RXT?

Claude: Negative stockholders equity of -$1.2B indicates technical insolvency on a book value basis. Current ratio of 0.68x signals acute liquidity constraints and inability to cover short-term obligations.

What is RXT's revenue and growth?

Rackspace Technology, Inc. reported revenue of $2.7B.

Does RXT pay dividends?

Rackspace Technology, Inc. does not currently pay dividends.

Where can I find RXT SEC filings?

Official SEC filings for Rackspace Technology, Inc. (CIK: 0001810019) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is RXT's EPS?

Rackspace Technology, Inc. has a diluted EPS of $-0.95.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is RXT a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Rackspace Technology, Inc. has a STRONG SELL rating with 85% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is RXT stock overvalued or undervalued?

Valuation metrics for RXT: ROE of N/A (sector avg: 22%), net margin of -8.4% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy RXT stock in 2026?

Our dual AI analysis gives Rackspace Technology, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is RXT's free cash flow?

Rackspace Technology, Inc.'s operating cash flow is $151.4M, with capital expenditures of $60.8M. FCF margin is 3.4%.

How does RXT compare to other Technology stocks?

Vs Technology sector averages: Net margin -8.4% (avg: 18%), ROE N/A (avg: 22%), current ratio 0.68 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 15, 2026 | Data as of: 2025-12-31 | Powered by Claude AI