Rackspace Technology, Inc. (RXT) Price Target Analysis

Updated Jun 26, 2026

Analyst Rating: Hold

Based on 13 analysts

26.5% Above Target

RXT trades 26.5% above Wall Street's consensus target of $4.83.

Current Price$6.58

Average Target$4.83

Target

Current

Low$4.00

Median$5.00

High$5.50

Analyst Target Range

Forward P/E—

PEG Ratio—

Implied Growth+72.8%

(High Growth)

Analyst Spread31.1%

(Moderate)

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$6.58

Consensus$4.83

High$5.50

Low$4.00

Consensus Scenario Assumptions

The base valuation assumes RXT achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 13 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.

Analyst Ratings Distribution

Breakdown of 13 published analyst recommendations for RXT

62% hold / mixed conviction

BearishBullish

Weighted analyst sentiment score based on 13 ratings

ConsensusHold

Coverage13 Analysts

Net Score-4

Bull / Bear15% / 23%

Strong Buy00%

Buy215%

Hold862%

Sell323%

Strong Sell00%

Strong Buy

00%

Buy

215%

Hold

862%

Sell

323%

Strong Sell

00%

Recommendation Mix15% Buy · 62% Hold · 23% Sell

Buy (2)Hold (8)Sell (3)

RXT Price Target Analysis

Updated June 30, 2026

As of June 30, 2026, Rackspace Technology, Inc. (RXT) has a Wall Street consensus price target of $4.83, based on estimates from 13 covering analysts. With the stock currently trading at $6.58, this represents a potential downside of -26.5%. The company has a market capitalization of $1.64B.

Analyst price targets range from a low of $4.00 to a high of $5.50, representing a 31% spread in expectations. The median target of $5.00 aligns closely with the consensus average.

The current analyst consensus rating is Hold, with 2 analysts rating the stock as a Buy or Strong Buy,8 rating it Hold, and 3 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.

From a valuation perspective, RXT trades at a trailing P/E of -6.9x. Analysts expect EPS to grow +72.8% over the next year.

Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.

Analyst Sentiment Comparison

Industry Peer Analysis

Avg Peer Upside

+68.5%

Industry Consensus

Avg Forward P/E

11.1x

(Value)

Peers with Coverage

9 / 10

Active Analyst Tracking

Company	Market Cap	Price	Target	Upside Potential	Rating	Fwd P/E	Analysts
LUMNLumen Technologies, Inc.	$8.2B	$7.96	$7.63	-4.1%	Hold	—	28
CNXCConcentrix Corporation	$1.5B	$25.23	$52.00	+106.1%	Buy	2.2x	9
DXCDXC Technology Company	$1.4B	$8.86	$13.67	+54.3%	Hold	2.8x	24
SIFYSify Technologies Limited	$1.2B	$16.14	—	—	Buy	—	1
CSCOCisco Systems, Inc.	$463.9B	$117.70	$123.80	+5.2%	Buy	27.5x	73
IBMInternational Business Machines Corporation	$260.8B	$278.00	$314.83	+13.2%	Buy	22.4x	50
HPEHewlett Packard Enterprise Company	$58.8B	$44.42	$69.27	+55.9%	Hold	13.0x	39
CTSHCognizant Technology Solutions Corporation	$18.4B	$38.74	$76.46	+97.4%	Hold	6.8x	51
WITWipro Limited	$22.8B	$2.17	$7.35	+238.7%	Hold	0.2x	21
INFYInfosys Limited	$43.4B	$10.70	$16.06	+50.1%	Hold	14.0x	40

RXT — Frequently Asked Questions

Quick answers to the most common questions about buying RXT stock.

What is the RXT stock price target for 2026?

RXT's consensus price target is $4.83, -26.5% below the current price of $6.575. The 13 analysts tracking RXT see downside risk at present valuations.

Is RXT a buy, sell, or hold?

RXT has a consensus rating of "Hold" based on 13 Wall Street analysts. The rating breakdown is leaning bearish, with 3 Sell/Strong Sell ratings. The consensus 12-month price target of $4.83 implies -26.5% downside from current levels.

Is RXT stock overvalued or undervalued?

RXT's current price is $6.575 with a consensus target of $4.83 (-26.5% implied move). Analyst estimates suggest the stock is overvalued at current levels.

How high can RXT stock go?

The most bullish Wall Street analyst has a price target of $5.5 for RXT, while the most conservative target is $4. The consensus of $4.83 represents the median expectation. These targets typically reflect 12-month expectations.

How many analysts cover RXT stock?

RXT is moderately covered, with 13 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 8 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the RXT stock forecast?

The 12-month RXT stock forecast based on 13 Wall Street analysts shows a consensus price target of $4.83, with estimates ranging from $4 (bear case) to $5.5 (bull case). The median consensus rating is "Hold".

Should I buy RXT stock?

Analysts are cautious on RXT, with 3 Sell ratings and a price target of $4.83 (-26.5% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

Why do RXT price targets vary so much?

RXT analyst price targets range from $4 to $5.5, a 31% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $4.83 consensus represents the middle ground.

Consensus-Based Analysis Tools