Exchange: NASDAQ·Updated 08:56 AM EDT
RXT logo

RXT Rackspace Technology Inc

$3.15
$0.035
(1.10%)
Pre-Market
Prev Close $3.19
Mkt Cap$811.77M
Vol102,219.00

About RXT

Rackspace Technology, Inc. engages in the provision of end-to-end multi-cloud technology services. The firm designs, builds and operates its customers’ cloud environments across technology platforms. It operates through the following segments: Public Cloud and Private Cloud. The Public Cloud segment is a services-centric, capital-light model providing value-added cloud solutions through managed services, Elastic Engineering and professional services offerings for customer environments hosted on the AWS, Microsoft Azure and Google Cloud public cloud platforms. The Private Cloud segment is a technology-forward, capital-intensive model providing managed service offerings for customer environments hosted in data centers as well as in those owned by customers or by third parties such as colocation providers. The company was founded on July 21, 2016 and is headquartered in San Antonio, TX.
32

Bearish Sentiment

How do you feel about RXT?

IfIWere
$RXT this is not just a gap fill from yesterday’s un necessary gap down. Seriously, with ~25M shares short, how did 2.5M of daily volume require a gap down yesterday! Those with the capital to keep playing with this down here because market makers are allowing true in the moment supply demand suggests we need an event to overwhelm these guys. Karp is as in-the-face of anyone who will listen that Palantir is in the right place…. and God willing, Rackspace is winning deals by their side. There are many stocks with quasi similar 💥 looking ripe on charts. This one is due!
9
nWhiteface
$RXT 👀👀👀👀👀💰 The bull case for Rackspace Technology (RXT) hinges on a painful transition from low-margin legacy hosting to high-margin Enterprise AI. The severe 33% stock plunge in July 2026 was a strategic "band-aid rip," with management cutting guidance to accelerate this pivot. Future growth relies on scaling AI workloads through key partnerships with Palantir and AMD. While trading at distressed levels in the $3–$4 range, DCF models suggest an intrinsic value near $7.94. Technically, RXT is forming a textbook Wyckoff accumulation base. The massive July gap-down acted as a Selling Climax, exhausting weak hands. The stock is currently in Phase B sideways absorption. Bulls are watching for a final, low-volume "Spring" to shake out remaining sellers, setting up a low-risk entry before AI revenues drive a markup phase.
7
IfIWere
$RXT can fully recover from the institutional bot raid. Sad to have to wait for $3.40 once again though. An oddly similar, yet totally different cap structure is $BRUN which broke SPAC bid yesterday… is avoiding a gap down. May the elephants choosing to play here, stay here so we return to the $4/share per $1B MktCap. We’ve been waiting years for management to actually take to the banking conference circuit. 27M shares short must have that on their watch list of reasons to find elsewhere when they can exit here.
3
StonkZombie
$RXT Bunch of ambulance chasing law firms trying to get the feed trough open today... lmao
5
StonkZombie
$RXT My portfolio is so hard right now. I can't wait for Monday Would you invest in me? I'd invest in me.
1
2
T_L808
$RXT further inspection this time on a weekly timeframe. vwap in general can be succeptible to innacuracies on stocks like this (usually lower priced, lots of volume spikes that can skew calculations and weightings). However whenever a stock "dances" around a long term anchored vwap I pay attention. This is one of those stocks. The "IPO vwap" is around $5.22 right now and is slightly being tugged south as price consolidates here. To my eye, this could double or triple pretty easily from here. Beautiful trickery on large TFs. Prices swept the lows from May/July and instantly returned to the same spot. TLDR; eyes on $5~ and then beyond should we make it there and survive.
5
StJoseph
$RXT Wow. Someone dumped at 12:30PM. That really shut things down. Hopefully we can get back up there.
1
1
StJoseph
$RXT I believe we are on the upward trend. I have added another 1200 shares to my position yesterday. This pull back is typical for whatever reason, We will begin to move upwards soon. We had a great day on Thursday and we will soon continue the upward trend. Quarterly report is in November and we are entering October. So, Probably two weeks before quarterly we will do another good run up like all stocks normally do. Im holding strong.
4
SwingMeDaddy
$RXT knocking on the break for the descending wedge, big movement incoming in the following trading sessions $NVDA $PLTR
4
phishphan
$RXT was looking at the ladder on RXT, looks skimpy, not much for sale as we head upwards. I think when it finally goes upward it could gap up quickly. Hopefully earnings report in November is smash home run and then this could go to double digits in 6 months or less.
4
dah1432004
$RXT MU TRADING TODAY IS AN EXCELLENT EXAMPLE OF HOW PROS TRADE STOCKS. RETAILERS MUST BE ABLE TO SURVIVE THE JAMDOWNS. RACK A STRONG BUY
2
RRRick
$RXT Nothing wrong with the rackster. Just trying to steal your shares before they run this up[. Buying opportunity all the way down. May break the 2.88 low . Scale in on the way down. GLTA
2
Mrhandy
$RXT These big law firms are the worst they will get nothing from this and we as shareholders had to suffer for it, we will over come and flourish 😊
3
StJoseph
$RXT All my support areas are broken. Quarterly coming up on end of day trading on the 5th of November. The trend is down. I think its too early in the game for RXT to flip to earning money from the transistion. So, I really think its going to go down more. 2.50 area?
1
dah1432004
$RXT A GOOD CHART TO CHECK IS THE 5-DAY HOURLY CHART. THE SUPPORT LEVELS BECOME CLEAR. SO TODAY'S TRADING ON THIS CHART IS VERY BULLISH. 2.1M ALL BUYING VOLUME AT $4.13 UP .23 CENTS AND 5.9%
2
USASystem
$RXT 🚨 SHORT SQUEEZE ALERT ON $RXT! The bears are getting torched! 🚨If you're wondering whether the shortsellers at Rackspace are sweating right now: They are burning alive! 🐻🔥The stock has a brutal short interest of over 22% of the float! Nearly 27 million shares are shorted. The bears bet heavily during the July dip, expecting this thing to collapse. Now, the bill has come due: The massive AMD deal and the ongoing AI infrastructure wave are driving the price up, forcing the first shorts into panic-covering. With a short ratio (days to cover) of 3.6 days, there are barely any emergency exits here. Every cent upward intensifies the pain in the bears' engine room. Strap yourselves in! 🚀💥📈
2
FonsieTrader
$RXT (Rackspace Technology) is bouncing off a daily support shelf: • Structural Intersection: After the run from $1.00 into the $7.50 region, price pulled back into the $3.20–$3.40 zone. Today’s push to $3.76, with a TI Wave buy signal, is the first real attempt to leave that floor. • Key Support Zone: The $3.20–$3.40 area is the demand floor. A sustained hold above $3.60 keeps the short-term recovery intact. • Asymmetric Projection: With risk defined against $3.20, a reclaim of $4.50–$4.80 opens a measured path toward the $5.80–$6.50 resistance zone. Context: Short float is elevated at ~30%, so a hold above $3.60 can get noisy. Structure first. $3.20 is the line that cannot be lost. NFA / DYOR
2
4th_industrial_revolutn
$RXT Palantir AIP/Foundry + NVIDIA Blackwell in a Rackspace-run Sovereign Pod. Post-Hugging Face, and with AI governance now the topic, contained private AI looks like the stack a model certification body would use. Cautiously bullish. Strong theme, but no contracts yet and debt load.
2
StonkZombie
$RXT Soon the idiots that are screaming for government AI legislation will move on to some other stupid crusade and the AI sector will explode.
2
dah1432004
$RXT 995K LOW VOLUME EARLY JAM. WATCH FOR BUYING AT THE LOWS. DAY LOW $3.76. MU AND SNDK DOWN BIG WATCH FOR TRADABLE LOWS. BIG MOVERS. RUT OUTPERFOMING ON A DOWN DAY DOWN .54a% BUT INDEXES SLIPPING. .NDX DOWN 1.66%
1

Advertisement|Remove ads.