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Rackspace Technology, Inc. Stock Price, News & Analysis

RXT Nasdaq

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. (RXT) delivers cutting-edge managed cloud and IT solutions, empowering businesses to navigate complex digital transformations. This page provides real-time access to official announcements and strategic developments from the company.

Investors and industry professionals will find curated updates on RXT's operational milestones, including cloud infrastructure innovations, strategic partnerships, and financial performance. Track announcements about AI-driven service expansions, security enhancements, and open-source initiatives that shape the company's market leadership.

Content spans earnings disclosures, technology deployments, executive insights, and customer success stories. All materials are sourced directly from RXT to ensure accuracy and timeliness.

Bookmark this page for streamlined monitoring of Rackspace Technology's evolving role in hybrid cloud ecosystem optimization and enterprise IT modernization.

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Rackspace Technology (NASDAQ: RXT) announced that it has achieved the Microsoft Azure Virtual Desktop advanced specialization, demonstrating its expertise in deploying and securing virtual desktop infrastructure on Azure. This recognition highlights Rackspace's extensive experience and successful customer engagements, having met rigorous evaluation criteria, including a third-party audit. The advanced specialization underscores Rackspace's capability to support organizations in implementing secure, scalable, and cost-effective virtual desktop solutions as remote work becomes increasingly critical.

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Rackspace Technology (NASDAQ: RXT) announced it will release its Q3 2021 financial results after market close on November 15, 2021. CEO Kevin Jones and CFO Amar Maletira will host a conference call the same day at 5:00 PM ET to discuss the results. The call can be accessed via Zoom or telephone, with additional international numbers provided. An audio replay will be available on the company's investor relations website.

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On October 18, 2021, Rackspace Technology (NASDAQ: RXT) announced the appointment of Shashank Samant to its board of directors. With over 30 years of experience in global technology services, Samant currently serves as CEO of GlobalLogic Inc. and previously led initiatives at Ness Technologies and Hewlett-Packard. CEO Kevin Jones expressed confidence in Samant's passion for technology and innovation, indicating his addition will strengthen the board's capabilities and vision for Rackspace Technology.

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Rackspace Technology (NASDAQ: RXT) has launched Rackspace Container Enablement, aimed at aiding organizations using Kubernetes containerization platforms. This service allows flexible, on-demand multi-cloud expertise without long-term commitments, addressing development challenges like code management and operational shifts. It includes features like a Managed Platform for Kubernetes, improved economic benefits, and proven operational experience. A recent survey indicates that 62% of companies expect an increase in containerized applications over the next two years.

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Rackspace Technology (NASDAQ: RXT) has achieved SAP on Google Cloud Specialization in the Google Cloud Partner Advantage Program, demonstrating its expertise in creating customer solutions that leverage SAP on Google Cloud.

The company successfully migrated Mrs. T’s Pierogies from a legacy SAP system to a modern S/4HANA solution on Google Cloud, resulting in enhanced analytics, accelerated transactions, and improved disaster recovery capabilities.

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Rackspace Technology (NASDAQ: RXT) has announced the launch of Rackspace Elastic Engineering for ERP, providing businesses with flexible access to ERP application experts from Oracle and SAP. This offering addresses common staffing challenges, allowing companies to redirect resources monthly without new service contracts. The service includes an assigned team of experts and access to Rackspace's platform tools across various cloud environments. Such initiatives are crucial as the demand for digitization and modern ERP systems escalates, particularly post-COVID-19.

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Rackspace Technology (NASDAQ: RXT) announced a new episode of its Solve™ Cloud Talk podcast featuring Scott Strickland, EVP and CIO of Wyndham Hotels. The discussion emphasizes the importance of learning from past experiences in the fast-evolving tech industry. Key insights include the necessity of change management and the consequences of failing to adapt. Strickland shared how digital transformation led to innovation at Wyndham, advocating for a culture that prioritizes technology investment to stay competitive.

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Rackspace Technology (NASDAQ: RXT) has launched Rackspace Elastic Engineering for Microsoft 365, a service designed to modernize email and productivity applications. This offering supports organizations of all sizes in maximizing their Microsoft 365 investment through a comprehensive approach that includes strategy, tech guidance, and security compliance. Key features include access to dedicated experts, consultative services, and a complimentary discovery session to streamline modernization efforts and enhance operational efficiency.

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FAQ

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

The current stock price of Rackspace Technology (RXT) is $1.22 as of June 19, 2025.

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

The market cap of Rackspace Technology (RXT) is approximately 339.5M.
Rackspace Technology, Inc.

Nasdaq:RXT

RXT Rankings

RXT Stock Data

339.47M
78.38M
2.16%
83.12%
1.32%
Software - Infrastructure
Services-computer Programming, Data Processing, Etc.
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United States
SAN ANTONIO