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Rackspace Technology, Inc. Stock Price, News & Analysis

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Welcome to our dedicated page for Rackspace Technology news (Ticker: RXT), a resource for investors and traders seeking the latest updates and insights on Rackspace Technology stock.

Rackspace Technology, Inc. (NASDAQ: RXT) is a Software – Infrastructure company that describes itself as an end-to-end hybrid cloud, multicloud, and AI solutions provider. The RXT news feed on Stock Titan aggregates company announcements, press releases, and third-party coverage that explain how Rackspace designs, builds, and operates cloud environments across major technology platforms.

News about Rackspace Technology often highlights developments in hybrid and multicloud services, AI-focused offerings, and partnerships with major cloud providers. Recent announcements have covered topics such as the launch of Rackspace AI launchpad, a managed service to help organizations evaluate, pilot, and deploy AI workloads, and the use of Rackspace AI Anywhere as a private cloud foundation for secure AI and machine learning capabilities. Other stories describe customer projects involving rapid migration of business-critical workloads to public cloud platforms and multicloud strategies that span providers like Microsoft Azure and Google Cloud.

Investors and technology professionals can also follow updates on certifications, awards, and industry recognitions. Rackspace Technology has reported achievements including VMware Sovereign Cloud certification for its UK Sovereign Services, an AWS Collaboration Partner of the Year award, and the AWS Automotive Competency, as well as leadership positions in the ISG Provider Lens™ Multi Public Cloud Services Report. Leadership changes, board updates, and financial results are typically announced through press releases and related SEC filings.

By monitoring this RXT news page, readers can review how Rackspace Technology communicates its progress in hybrid cloud, AI, data, and security services, along with examples of customer engagements in sectors such as automotive, retail, healthcare, financial services, and the public sector.

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Rackspace Technology (NASDAQ: RXT) and Rubrik (NYSE: RBRK) launched the UK Sovereign Cyber Recovery Cloud on March 18, 2026, a ransomware recovery solution that keeps hardware, data, metadata, and administrative access inside the UK.

Features include an automated isolated "clean room," pre-built runbooks, rapid recovery from days to hours, 24/7 monitoring, and alignment with NCSC Cyber Assessment Framework and 24-hour breach reporting.

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Rackspace (NASDAQ: RXT) and Uniphore announced a strategic partnership to deliver an Infrastructure-to-Agents architecture as an outcomes-based service, aiming to unlock $100 million in enterprise AI deployments. The offering combines Uniphore’s Business AI Cloud with Rackspace private cloud, SLMs-as-a-Service, Data Preparation-as-a-Service, and industry-specific AI agents with governed, sovereign deployments.

The service targets regulated industries, supports NVIDIA and AMD inferencing, and embeds forward deployed engineers accountable for measurable production outcomes.

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Rackspace Technology (Nasdaq: RXT) reported Q4 2025 revenue of $683M (down 0.4% YoY) and full-year 2025 revenue of $2,686M (down 2% YoY). Q4 private cloud was $241M (down 10%) and public cloud $442M (up 6%). Q4 net loss was $33M; 2025 net loss was $226M. Cash and equivalents were $106M with total liquidity of $397M.

FY2026 guidance: revenue $2,600–2,700M, private cloud $1,025–1,075M, public cloud $1,575–1,625M, and non-GAAP operating profit $160–170M.

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Rackspace Technology (NASDAQ: RXT) and Palantir (NASDAQ: PLTR) announced a strategic partnership to deploy and operate Palantir Foundry and AIP in production with governed managed operations, targeting accelerated AI time‑to‑value for enterprises, especially regulated and data‑sovereign environments.

Rackspace will provide implementation, data migration, private cloud and UK sovereign hosting, plus managed operations and security controls; Rackspace currently has 30 Palantir‑trained engineers and plans to scale to over 250 in 12 months.

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Rackspace Technology (NASDAQ: RXT) will release its fourth quarter 2025 financial results at 8:00 AM ET on Thursday, February 26, 2026.

CEO Gajen Kandiah and CFO Mark Marino will host a conference call at 8:30 AM ET the same day. A live webcast and replay will be available on the company investor relations website, and dial-in details are provided to pre-registered callers.

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Rackspace Technology (NASDAQ: RXT) appointed Joseph Vito as Senior Vice President of Strategic Alliance Partnerships on January 27, 2026. Vito will lead the company’s global strategy for technology and channel partnerships to support cloud and AI solutions. He brings more than 25 years of experience across financial services, life sciences, energy, and consumer manufacturing, and most recently served on the AWS Global Business and Advisory teams guiding large organizations through cloud adoption. Prior roles include transformation and leadership positions at Dell-EMC, UBS AG Global Data Services, Dun & Bradstreet, US Trust, and Merrill Lynch. Vito holds a BA in Managerial Economics from Union College and a Master’s in Finance from Pace University.

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Rackspace Technology (NASDAQ: RXT) announced on Jan 16, 2026 that its UK Sovereign Services has achieved VMware Sovereign Cloud Partner Status. The designation affirms Rackspace’s ability to store, process, and protect UK organisations’ sensitive data using a fully managed private cloud built on VMware technologies and operated from UK-based data centres. The service emphasises data sovereignty, jurisdictional control, high availability, resilient networking, and integrated security controls, and targets UK public sector, regulated financial services, and healthcare organisations seeking strict control over data location and processing.

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Rackspace Technology (NASDAQ: RXT) announced on Jan 14, 2026 that its UK Sovereign Services has received the VMware Sovereign Cloud certification. The certification verifies Rackspace can store, process, and protect sensitive UK data with full data sovereignty and jurisdictional control. Rackspace's offering is a fully managed private cloud built on VMware, operated from UK-based data centres, and aimed at UK public sector, regulated financial services, and healthcare organisations to simplify operations and accelerate cloud adoption.

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Rackspace Technology (NASDAQ: RXT) was positioned as a leader in three quadrants of the 2025 ISG Provider Lens Multi Public Cloud Services Report for the U.S.: Consulting and Transformation Services — Midmarket; Managed Services — Midmarket; and FinOps Services and AI-driven Optimization.

The report evaluates providers on AI, automation, Generative AI, security, and advanced FinOps frameworks for multicloud modernization, management, and scale. Rackspace emphasized AI-led automation, operate-and-transform delivery, control-plane tooling, cost reduction, rapid recovery, and improved customer experience while focusing on midmarket clients. The report is published by Information Services Group (ISG).

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Rackspace Technology (NYSE:RXT) announced a rapid cloud migration partnership with Niterra to move the company's global SAP ECC environment to Google Cloud. The program consolidated three on-premises data centers (Dubai, Johannesburg, Frankfurt), transferred 4TB of SAP data across development, QA, production and reporting systems, and completed the SAP migration in two months—described as less than half the typical timeline—while maintaining uninterrupted operations for logistics and warehouse systems. Rackspace implemented a secure Google Cloud landing zone, optimized network performance, and provides ongoing managed services via Rackspace Modern Operations and Application Services for SAP. Further modernization projects are under discussion.

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FAQ

What is the current stock price of Rackspace Technology (RXT)?

The current stock price of Rackspace Technology (RXT) is $0.9721 as of April 1, 2026.

What is the market cap of Rackspace Technology (RXT)?

The market cap of Rackspace Technology (RXT) is approximately 241.9M.

RXT Rankings

RXT Stock Data

241.93M
86.19M
Software - Infrastructure
Services-computer Programming, Data Processing, Etc.
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United States
SAN ANTONIO

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