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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) will host a virtual roundtable on April 12 at 10:00 AM CT, titled What Your Cloud Strategy May Be Overlooking. Guest speaker Bill Martorelli from Forrester will address common misconceptions about cloud strategies and emphasize the importance of hybrid and multicloud environments. The discussion will cover the significance of selecting the right cloud technology for specific workloads, the role of private cloud, and the integration of serverless technologies. An expert panel will join Martorelli for further insights.

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Rackspace Technology (NASDAQ: RXT) announced a collaboration with Blackline Safety Corp. to enhance software innovation and platform improvements. Blackline, a leader in gas detection and connected safety solutions, is leveraging Rackspace's expertise to upgrade its data streaming and processing infrastructure. This partnership aims to expedite the deployment of industrial contact tracing solutions while improving data integrity and client insights. The collaboration is anticipated to support Blackline's growth trajectory and address safety needs amid the ongoing pandemic.

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Rackspace Technology has collaborated with Qwake Technologies to launch the C-THRU solution, a groundbreaking augmented reality device designed for firefighters. This cloud-native technology facilitates navigation and communication in low-visibility scenarios by leveraging IoT architecture. Qwake recently secured a government contract with the Department of Homeland Security (DHS) to commercialize this innovative platform. The C-THRU solution has been piloted by several fire departments, showcasing its potential to enhance safety and efficiency in firefighting operations.

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Rackspace Technology (NASDAQ: RXT) will host a virtual event titled Predicting Your Customer Needs with Modern Data on April 6, 2021, at 10:00 am CT. The event features keynote speaker Jeremiah Owyang, a tech and innovation expert, discussing the significance of data modernization in adapting to new technologies and customer behavior trends. The session will include real-world examples and a panel discussion with experts from Google Cloud and Rackspace Technology. Registration is available through a provided link.

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Rackspace Technology (NASDAQ: RXT) announced a collaboration with Century Engineering to enhance the SmartSWM™ stormwater management solution. The initiative leverages Internet of Things (IoT) technology and Amazon Web Services (AWS) to create a resilient stormwater infrastructure. Century Engineering sought Rackspace's expertise in cloud architectures and AWS services to refine their automated, real-time monitoring system. This partnership aims to position Century as a leader in environmental engineering while driving innovation in stormwater management.

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Rackspace Technology (NASDAQ: RXT) has been chosen by ADCO Umweltdienste Holding GmbH to lead its cloud transformation journey. The five-year partnership will migrate ADCO's on-premise data centers to Amazon Web Services (AWS) and leverage VMware services, starting in Germany and rolling out globally. ADCO, known for mobile sanitary solutions, aims to improve its IT strategy for enhanced resiliency and sustainability. This collaboration is expected to not only modernize ADCO's technology but also bolster its operational processes, ensuring future growth.

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Rackspace Technology (NASDAQ: RXT) announced that CEO Kevin Jones and CFO Amar Maletira will present at the Deutsche Bank Media, Internet and Telecom Conference on March 9, 2021, at 1:00 PM ET. They will also be available for investor meetings. Interested parties can access the live webcast of the event via the conference website. Slide materials for the presentation will be available on the morning of the conference on their Investor Relations website.

Rackspace Technology specializes in multicloud technology services, helping customers modernize applications and adopt innovative technologies.

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Rackspace Technology (NASDAQ: RXT) has successfully completed an AI and ML initiative for Sentrics, enhancing voice control features in their Engage360 application. This upgrade is designed to support mobility-impaired seniors in assisted living facilities, allowing them to communicate and manage activities hands-free. Leveraging Amazon Lex, Rackspace's team expedited the integration, meeting an urgent six-week timeline. This initiative aims to improve seniors' quality of life during the COVID-19 pandemic while fostering community engagement.

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Rackspace Technology (NASDAQ: RXT) has been awarded Cloudflare’s Worldwide MSP Partner of the Year for 2020, recognizing its robust growth and consistent joint customer engagements. This accolade reflects Rackspace's excellence in providing managed services, playing a crucial role in helping businesses secure and enhance their online presence. The award highlights the importance of a reliable Internet, especially during the challenges posed by 2020, showcasing Rackspace's commitment to innovative solutions in partnership with Cloudflare across the Americas, APAC, and EMEA regions.

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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 18, 2025.

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

The market cap of Rackspace Technology (RXT) is approximately 313.4M.
Rackspace Technology, Inc.

Nasdaq:RXT

RXT Rankings

RXT Stock Data

313.35M
78.38M
2.16%
83.12%
1.32%
Software - Infrastructure
Services-computer Programming, Data Processing, Etc.
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United States
SAN ANTONIO