Rackspace Technology (RXT)
Market Price (1/20/2026): $0.96 | Market Cap: $230.8 MilSector: Information Technology | Industry: Systems Software
Rackspace Technology (RXT)
Market Price (1/20/2026): $0.96Market Cap: $230.8 MilSector: Information TechnologyIndustry: Systems Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -30% | Weak multi-year price returns2Y Excs Rtn is -90%, 3Y Excs Rtn is -138% | Penny stockMkt Price is 1.0 |
| Attractive yieldFCF Yield is 30% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -126 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -4.7% | |
| Megatrend and thematic driversMegatrends include Cloud Computing, and Cybersecurity. Themes include Hybrid Cloud Solutions, Infrastructure as a Service (IaaS), Show more. | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 1350% | |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.0%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.7%, Rev Chg QQuarterly Revenue Change % is -0.7% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -111% | ||
| Key risksRXT key risks include [1] a substantial debt burden creating a high probability of financial distress and negative stockholders' equity, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -30% |
| Attractive yieldFCF Yield is 30% |
| Megatrend and thematic driversMegatrends include Cloud Computing, and Cybersecurity. Themes include Hybrid Cloud Solutions, Infrastructure as a Service (IaaS), Show more. |
| Weak multi-year price returns2Y Excs Rtn is -90%, 3Y Excs Rtn is -138% |
| Penny stockMkt Price is 1.0 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -126 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -4.7% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 1350% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.0%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.7%, Rev Chg QQuarterly Revenue Change % is -0.7% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -111% |
| Key risksRXT key risks include [1] a substantial debt burden creating a high probability of financial distress and negative stockholders' equity, Show more. |
Why The Stock Moved
Qualitative Assessment
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Rackspace Technology (RXT) experienced a significant stock decline of approximately 39.3% from October 31, 2025, to January 20, 2026, primarily due to several factors impacting investor confidence.
1. Persistent Unprofitability and Revenue Decline: The company reported a GAAP loss of $67.1 million for the third quarter of 2025, with an adjusted loss per share of -$0.05, indicating continued unprofitability. Additionally, revenue saw a year-over-year decrease of 0.7% to $671.20 million.
2. Negative Analyst Sentiment and Downgraded Outlooks: Analysts revised their earnings estimates downward, with the mean earnings estimate falling by approximately 25% in the three months leading up to the Q3 2025 report. The consensus analyst rating for RXT during this period was "Reduce" or "Hold," reflecting a cautious outlook, with forecasts suggesting the company would remain unprofitable for the next three years.
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1. Persistent Unprofitability and Revenue Decline: The company reported a GAAP loss of $67.1 million for the third quarter of 2025, with an adjusted loss per share of -$0.05, indicating continued unprofitability. Additionally, revenue saw a year-over-year decrease of 0.7% to $671.20 million.
2. Negative Analyst Sentiment and Downgraded Outlooks: Analysts revised their earnings estimates downward, with the mean earnings estimate falling by approximately 25% in the three months leading up to the Q3 2025 report. The consensus analyst rating for RXT during this period was "Reduce" or "Hold," reflecting a cautious outlook, with forecasts suggesting the company would remain unprofitable for the next three years.
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Stock Movement Drivers
Fundamental Drivers
The -39.3% change in RXT stock from 10/31/2025 to 1/19/2026 was primarily driven by a -38.6% change in the company's P/S Multiple.| 10312025 | 1192026 | Change | |
|---|---|---|---|
| Stock Price ($) | 1.60 | 0.97 | -39.29% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 2693.10 | 2688.50 | -0.17% |
| P/S Multiple | 0.14 | 0.09 | -38.57% |
| Shares Outstanding (Mil) | 238.00 | 240.40 | -1.01% |
| Cumulative Contribution | -39.29% |
Market Drivers
10/31/2025 to 1/19/2026| Return | Correlation | |
|---|---|---|
| RXT | -39.3% | |
| Market (SPY) | 1.4% | 25.3% |
| Sector (XLK) | -3.1% | 20.0% |
Fundamental Drivers
The -19.7% change in RXT stock from 7/31/2025 to 1/19/2026 was primarily driven by a -16.1% change in the company's P/S Multiple.| 7312025 | 1192026 | Change | |
|---|---|---|---|
| Stock Price ($) | 1.21 | 0.97 | -19.72% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 2711.70 | 2688.50 | -0.86% |
| P/S Multiple | 0.10 | 0.09 | -16.06% |
| Shares Outstanding (Mil) | 231.90 | 240.40 | -3.67% |
| Cumulative Contribution | -19.83% |
Market Drivers
7/31/2025 to 1/19/2026| Return | Correlation | |
|---|---|---|
| RXT | -19.7% | |
| Market (SPY) | 9.7% | 23.1% |
| Sector (XLK) | 11.0% | 18.9% |
Fundamental Drivers
The -63.1% change in RXT stock from 1/31/2025 to 1/19/2026 was primarily driven by a -59.6% change in the company's P/S Multiple.| 1312025 | 1192026 | Change | |
|---|---|---|---|
| Stock Price ($) | 2.63 | 0.97 | -63.06% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 2771.20 | 2688.50 | -2.98% |
| P/S Multiple | 0.21 | 0.09 | -59.57% |
| Shares Outstanding (Mil) | 226.40 | 240.40 | -6.18% |
| Cumulative Contribution | -63.21% |
Market Drivers
1/31/2025 to 1/19/2026| Return | Correlation | |
|---|---|---|
| RXT | -63.1% | |
| Market (SPY) | 15.9% | 37.4% |
| Sector (XLK) | 26.8% | 35.1% |
Fundamental Drivers
The -67.6% change in RXT stock from 1/31/2023 to 1/19/2026 was primarily driven by a -57.2% change in the company's P/S Multiple.| 1312023 | 1192026 | Change | |
|---|---|---|---|
| Stock Price ($) | 3.00 | 0.97 | -67.62% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 3112.60 | 2688.50 | -13.63% |
| P/S Multiple | 0.20 | 0.09 | -57.25% |
| Shares Outstanding (Mil) | 210.80 | 240.40 | -14.04% |
| Cumulative Contribution | -68.26% |
Market Drivers
1/31/2023 to 1/19/2026| Return | Correlation | |
|---|---|---|
| RXT | -67.6% | |
| Market (SPY) | 76.5% | 34.9% |
| Sector (XLK) | 118.6% | 31.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| RXT Return | -29% | -78% | -32% | 10% | -56% | 2% | -95% |
| Peers Return | 30% | -16% | 31% | 4% | -9% | 3% | 38% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 85% |
Monthly Win Rates [3] | |||||||
| RXT Win Rate | 42% | 17% | 50% | 50% | 42% | 100% | |
| Peers Win Rate | 65% | 42% | 63% | 57% | 42% | 100% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | |
Max Drawdowns [4] | |||||||
| RXT Max Drawdown | -33% | -81% | -63% | -26% | -56% | 0% | |
| Peers Max Drawdown | -7% | -28% | -9% | -17% | -27% | -2% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | 0% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DXC, CTSH, ACN, IBM, NSIT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 1/16/2026 (YTD)
How Low Can It Go
| Event | RXT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -95.9% | -25.4% |
| % Gain to Breakeven | 2313.9% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -27.0% | -33.9% |
| % Gain to Breakeven | 37.0% | 51.3% |
| Time to Breakeven | 71 days | 148 days |
Compare to DXC, CTSH, ACN, IBM, NSIT
In The Past
Rackspace Technology's stock fell -95.9% during the 2022 Inflation Shock from a high on 4/9/2021. A -95.9% loss requires a 2313.9% gain to breakeven.
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Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. It operates through Multicloud Services and Apps & Cross Platform segments. The company's Multicloud Services segment provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; and professional services related to designing and building multi cloud solutions and cloud-native applications. Its Apps & Cross Platform segment includes managed applications; managed security services in the areas of security threat assessment and prevention, threat detection and response, rapid remediation, governance, and risk and compliance assistance across multiple cloud platforms, as well as privacy and data protection services, including detailed access restrictions and reporting; data services; and professional services related to designing and implementing application, security, and data services. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.
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- Accenture for multi-cloud management.
- IBM Global Services for outsourced cloud environments.
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Rackspace Technology (RXT) Major Products and Services
- Managed Public Cloud Services: Provides operational support, optimization, and expertise for customers utilizing major public cloud platforms like AWS, Microsoft Azure, and Google Cloud.
- Private Cloud Services: Offers managed solutions for dedicated, single-tenant cloud environments, often deployed on-premises or in Rackspace data centers.
- Managed Security Services: Delivers comprehensive cybersecurity solutions, including threat detection, compliance management, and incident response across cloud environments.
- Professional & Advisory Services: Offers consulting, migration, and modernization services to help businesses design, implement, and optimize their cloud strategies.
- Data & AI/ML Services: Provides expertise in managing databases, implementing data analytics, and developing AI/machine learning solutions within cloud infrastructures.
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Rackspace Technology (RXT) primarily sells its services to other companies (Business-to-Business or B2B), providing managed cloud computing and IT solutions.
Rackspace does not publicly disclose specific "major customers" by name, as its business model focuses on serving a broad and diverse client base across various industries and company sizes. The company explicitly states in its financial filings that it is not dependent on any single customer or a small group of customers, meaning no individual customer accounts for a material portion of its revenue. Therefore, it does not name specific customer companies.
Instead of specific company names, Rackspace's customer base can be described by the types of organizations it serves:
- Enterprise-level Organizations: Large corporations and multinational entities that require comprehensive, scalable, and secure managed services for complex multi-cloud and hybrid IT environments. These customers often have sophisticated infrastructure needs and may operate globally.
- Mid-market Businesses: Substantial companies that benefit significantly from Rackspace's expertise to manage their cloud infrastructure, optimize costs, and accelerate digital transformation. These businesses often lack the extensive in-house IT resources of larger enterprises, making managed services a strategic advantage.
- Companies Across Diverse Industries: Rackspace serves a wide array of sectors, including retail, financial services, healthcare, manufacturing, technology, government, and professional services. Customers in these industries leverage Rackspace for everything from application management and data analytics to security and compliance in the cloud.
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- Supplier Name: Amazon.com, Inc.
Symbol: AMZN - Supplier Name: Microsoft Corporation
Symbol: MSFT - Supplier Name: Alphabet Inc.
Symbol: GOOGL
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Here is the management team for Rackspace Technology (RXT):Gajen Kandiah, Chief Executive Officer
Gajen Kandiah was appointed Chief Executive Officer of Rackspace Technology, effective September 3, 2025. He previously served as President and Chief Operating Officer of Hitachi Digital, where he integrated AI across industrial and enterprise portfolios. Kandiah also held the role of CEO at Hitachi Vantara, overseeing digital infrastructure, software, and services operations. Prior to Hitachi, he spent 16 years at Cognizant, contributing to the growth of its industry BPO and digital engineering businesses, helping the company expand from $368 million to over $16 billion during his tenure. His leadership at Rackspace is focused on advancing an AI-first multicloud strategy.
Mark Marino, Chief Financial Officer
Mark Marino was appointed Chief Financial Officer of Rackspace Technology, effective January 12, 2024. He previously served as the company's Chief Accounting Officer, a position he was promoted to in late 2021. Marino joined Rackspace Technology in 2020 as Vice President, Americas CFO. Before joining Rackspace, he was Vice President of Finance for Acelity, a global medical technology company later acquired by 3M, from 2015 to 2020. His prior experience includes roles as Vice President of Finance at iHeartMedia and head of Corporate FP&A at SunEdison, Inc. Marino began his career at General Electric, where he spent nearly a decade in various financial leadership capacities, including Segment CFO for GE Aviation.
Srini Koushik, Chief Technology Officer
Srini Koushik has been the Chief Technology Officer at Rackspace Technology since 2021, where he is responsible for technology strategy, roadmap, thought leadership, information technology, and security. He also leads the company's Foundry for Generative AI by Rackspace (FAIR™) initiative as its Global Head. Before Rackspace, Koushik served as Vice President, General Manager, and Global Leader for Hybrid Cloud Advisory Services at IBM. He was also the Chief Information Officer for Magellan Health, where he played a key role in doubling the company's revenue in four years. Koushik's background also includes serving as President and CEO of NTT Innovation Institute Inc., a Silicon Valley startup. He has held C-Level positions at HP, Nationwide Insurance, and IBM, and was inducted into the CIO Hall of Fame in 2023.
Kellie Teal-Guess, Chief Human Resources Officer
Kellie Teal-Guess serves as the Chief Human Resources Officer at Rackspace Technology. She is responsible for human resources functions within the company. (Background details not extensively available in provided search results).
D K Sinha, President, Public Cloud Business Unit
D K Sinha is the President of the Public Cloud Business Unit at Rackspace Technology. He is also listed as Executive Vice President, President, Public Cloud. (Background details not extensively available in provided search results).
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Rackspace Technology (RXT) faces several significant risks to its business. The most prominent risks include:- High Debt Levels and Financial Instability: Rackspace Technology carries a substantial debt burden, with total debt reported to be around $3.34 billion to $4.0 billion in total liabilities as of mid-2025. This high leverage restricts the company's ability to invest in growth and innovation, as a significant portion of its operational cash flow is allocated to debt servicing. The company has negative stockholders' equity and faces potential liquidity challenges, with short-term obligations exceeding liquid assets. These financial challenges contribute to a high probability of financial distress.
- Intense Competition in the Cloud Services Market: The cloud services industry in which Rackspace Technology operates is hyper-competitive, dominated by major hyperscalers such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. This intense competition makes it challenging for Rackspace to gain market share and maintain healthy margins, especially given the extensive resources and reach of its larger rivals.
- Declining Revenues and Lack of Profitability: Rackspace Technology has consistently experienced declining revenues, particularly in its legacy Private Cloud segment, and has struggled with profitability. Since its IPO in 2020, the company's net losses have increased significantly. The ongoing revenue decline and lack of forecasted profitability are exacerbated by the substantial debt burden and the highly competitive market environment, which limit the company's ability to invest in necessary innovation and growth initiatives.
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Emerging Threat: Direct Professional and Managed Services by Hyperscalers
Rackspace Technology's core business revolves around providing multicloud professional and managed services across leading cloud platforms like AWS, Microsoft Azure, and Google Cloud. An emerging threat stems from the continuous and aggressive expansion by these very hyperscalers into direct provision of their own professional services, managed services, and advanced support offerings to enterprise customers. As AWS Professional Services, Azure Enterprise Services, and Google Cloud Professional Services mature and grow in scope and sophistication, they increasingly compete directly with partners like Rackspace for customer engagements involving cloud adoption, migration, optimization, and ongoing operational management. This trend could erode Rackspace's addressable market, diminish its value differentiation for some customers seeking a single vendor relationship, and lead to increased margin pressure.
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Rackspace Technology (symbol: RXT) operates within several significant addressable markets for its main products and services, primarily focused on multi-cloud solutions, managed services, cloud security, and data services.
- Multi-Cloud Management Market: The global multi-cloud management market was estimated at USD 8.03 billion in 2022 and is projected to reach USD 56.02 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 28.0% from 2023 to 2030. North America held the largest share of this market, accounting for 30% in 2022. Another estimate for the global market size was USD 12.52 billion in 2024, with a projection to reach USD 147.12 billion by 2034 at a CAGR of 27.94%. The North American region dominated this market with a 36% revenue share in 2024. The U.S. multi-cloud management market size alone was over USD 7.82 billion in 2024 and is projected to reach approximately USD 27.37 billion by 2034.
- Cloud Managed Services Market: The global cloud managed services market size was valued at USD 134.44 billion in 2024 and is projected to grow to USD 305.16 billion by 2030, exhibiting a CAGR of 14.7% from 2025 to 2030. North America held the major share of over 44% in 2024. Another report estimates the global market at USD 59.46 billion in 2024, expected to reach USD 171.17 billion by 2033 with a CAGR of 11.15% from 2025-2033, with North America currently dominating.
- Cloud Security Market: The global cloud security market size was estimated at USD 35.84 billion in 2024 and is projected to reach USD 75.26 billion by 2030, growing at a CAGR of 13.3% from 2025 to 2030. North America dominated this market, holding over a 33.0% revenue share in 2024. The U.S. cloud security market size surpassed USD 7.82 billion in 2024 and is projected to reach around USD 27.37 billion by 2034.
- Cloud-based Data Management Services / Cloud Database and DBaaS Market: The global cloud-based data management services market was estimated at USD 43.83 billion in 2024 and is projected to reach USD 173.63 billion by 2030, with a CAGR of 26.8%. North America held the largest share of nearly 38.0% in this market in 2024. The global Cloud Database and DBaaS Market was valued at USD 17.51 billion in 2023 and is expected to reach USD 77.65 billion by 2032, with a CAGR of 18.07% from 2024-2032. The U.S. Cloud Database and DBaaS Market was valued at USD 4.80 billion in 2023 and is expected to reach USD 21.00 billion by 2032, growing at a CAGR of 17.82% from 2024-2032.
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Rackspace Technology (RXT) is focusing on several key drivers to fuel future revenue growth over the next 2-3 years:
- Expansion of AI Offerings and Enterprise Footprint: Rackspace is strategically expanding its AI offerings and enterprise footprint. This includes the launch of new AI-centric services, such as "AI Launchpad," and securing engagements with major enterprise and government clients that are investing in AI, cloud modernization, and data analytics.
- Growth in Private Cloud Segment and Large Enterprise Deals: The company is experiencing strong bookings growth in its Private Cloud segment, securing several significant long-term enterprise deals. These wins include agreements with a leading global telecommunications provider and a sovereign government customer, demonstrating a focus on retention and expanding relationships with enterprise and sovereign customers to drive future scale.
- Focus on Higher-Value Public Cloud Engagements and Services Revenue: Rackspace is emphasizing a disciplined approach to higher-value engagements within its Public Cloud segment. This strategy has resulted in a rise in services revenue, contributing to growth in this area despite some overall revenue challenges.
- Strategic Expansion into Mid-Market and Enterprise Segments: Rackspace is making concerted efforts to expand its presence in both the mid-market and broader enterprise segments. This expansion aims to capture new opportunities and achieve future scale by broadening its customer base.
- Product Innovations and Modernization of Mission-Critical Workloads: Continued investment in product innovations, particularly for regulated and mission-critical workloads, is a key driver. Recent examples include the launch of "Rackspace OpenStack Business" and the "Rackspace Electronic Health Record Cloud Enterprise," which aim to help customers modernize their critical applications with enhanced trust and speed.
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Share Repurchases
- Rackspace Technology authorized a share repurchase program of up to $75 million in March 2022, which expired in September 2023.
- Under this program, the company repurchased $31 million worth of shares in 2022.
Share Issuance
- Rackspace Technology completed its Initial Public Offering (IPO) in August 2020, issuing 33,500,000 shares of common stock at an initial price of $21.00 per share.
- The company received approximately $703.5 million in gross proceeds from the IPO.
Outbound Investments
- In April 2021, Rackspace Technology made a strategic investment in Platform9, which included plans for collaboration on products, technologies, and go-to-market strategies.
Capital Expenditures
- Capital expenditures totaled $136 million in 2024.
- Capital expenditures were $181 million in 2023.
- The 25% reduction in capital expenditures from 2023 to 2024 was attributed to improved capital efficiency.
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| Title | Topic | |
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| DASHBOARDS | ||
| Rackspace Technology Earnings Notes | ||
| With Rackspace Technology Stock Sliding, Have You Assessed The Risk? | Return |
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| ARTICLES |
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Peer Comparisons for Rackspace Technology
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Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 84.13 |
| Mkt Cap | 21.9 |
| Rev LTM | 16,786 |
| Op Inc LTM | 1,974 |
| FCF LTM | 1,851 |
| FCF 3Y Avg | 1,546 |
| CFO LTM | 2,252 |
| CFO 3Y Avg | 1,929 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 0.8% |
| Rev Chg 3Y Avg | -1.1% |
| Rev Chg Q | 2.6% |
| QoQ Delta Rev Chg LTM | 0.7% |
| Op Mgn LTM | 9.8% |
| Op Mgn 3Y Avg | 9.5% |
| QoQ Delta Op Mgn LTM | -0.0% |
| CFO/Rev LTM | 13.2% |
| CFO/Rev 3Y Avg | 11.5% |
| FCF/Rev LTM | 10.5% |
| FCF/Rev 3Y Avg | 9.0% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Public Cloud | 1,743 | 1,741 | |||
| Private Cloud | 1,214 | 1,382 | |||
| Apps & Cross Platform | 378 | 337 | 319 | ||
| Multicloud Services | 2,449 | 2,142 | 1,833 | ||
| OpenStack Public Cloud | 183 | 229 | 286 | ||
| Total | 2,957 | 3,122 | 3,010 | 2,707 | 2,438 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Private Cloud | 343 | 494 | |||
| Public Cloud | 82 | 125 | |||
| Hosted Exchange incident expenses, net of proceeds received or expected to be received under our | 5 | -6 | |||
| Transaction-related adjustments, net | -5 | -11 | |||
| United Kingdom office closure | -12 | 0 | |||
| Impairment of assets, net | -52 | -146 | |||
| Restructuring and transformation expenses | -57 | -99 | |||
| Share-based compensation expense | -65 | -70 | |||
| Amortization of intangible assets | -161 | -167 | |||
| Corporate functions | -268 | -255 | |||
| Impairment of goodwill | -709 | -534 | |||
| Gain on sale of land | 0 | ||||
| Special bonuses and other compensation expense | -10 | ||||
| Total | -899 | -679 |
Price Behavior
Price Behavior
| Market Price | $0.97 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 08/05/2020 | |
| Distance from 52W High | -67.2% | |
| 50 Days | 200 Days | |
| DMA Price | $1.07 | $1.28 |
| DMA Trend | down | down |
| Distance from DMA | -9.2% | -24.3% |
| 3M | 1YR | |
| Volatility | 75.7% | 75.4% |
| Downside Capture | 243.23 | 208.73 |
| Upside Capture | -38.68 | 80.96 |
| Correlation (SPY) | 22.7% | 36.8% |
RXT Betas & Captures as of 12/31/2025
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.92 | 1.36 | 1.94 | 1.70 | 1.39 | 2.04 |
| Up Beta | 9.19 | 2.22 | 2.02 | 2.18 | 1.02 | 1.38 |
| Down Beta | 1.37 | 2.37 | 3.59 | 3.04 | 1.97 | 2.09 |
| Up Capture | 11% | -138% | -6% | 32% | 66% | 1384% |
| Bmk +ve Days | 11 | 23 | 37 | 72 | 143 | 431 |
| Stock +ve Days | 7 | 12 | 20 | 47 | 101 | 336 |
| Down Capture | 193% | 234% | 186% | 140% | 139% | 113% |
| Bmk -ve Days | 11 | 18 | 27 | 55 | 108 | 320 |
| Stock -ve Days | 12 | 26 | 39 | 69 | 131 | 379 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| RXT vs. Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| RXT | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -58.8% | 28.5% | 19.8% | 70.5% | 3.8% | 10.2% | -1.0% |
| Annualized Volatility | 74.9% | 27.3% | 19.3% | 20.0% | 15.3% | 16.7% | 34.5% |
| Sharpe Ratio | -0.87 | 0.89 | 0.81 | 2.56 | 0.04 | 0.41 | 0.07 |
| Correlation With Other Assets | 35.3% | 37.0% | 5.1% | 14.4% | 27.8% | 26.7% | |
ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, Bitcoin = BTCUSD
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Based On 5-Year Data
| RXT vs. Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| RXT | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -45.2% | 18.3% | 14.1% | 19.4% | 11.1% | 6.1% | 20.0% |
| Annualized Volatility | 82.8% | 24.6% | 17.1% | 15.6% | 18.7% | 18.8% | 48.1% |
| Sharpe Ratio | -0.36 | 0.67 | 0.66 | 1.00 | 0.47 | 0.23 | 0.45 |
| Correlation With Other Assets | 37.4% | 40.0% | 7.8% | 10.5% | 38.2% | 18.2% | |
ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| RXT vs. Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| RXT | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -40.6% | 23.3% | 15.5% | 14.8% | 7.6% | 5.9% | 70.8% |
| Annualized Volatility | 80.6% | 24.2% | 18.0% | 14.8% | 17.6% | 20.8% | 55.7% |
| Sharpe Ratio | -0.29 | 0.88 | 0.75 | 0.83 | 0.35 | 0.25 | 0.91 |
| Correlation With Other Assets | 36.8% | 39.1% | 8.0% | 10.9% | 36.5% | 17.8% | |
ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | -15.1% | -21.2% | -26.7% |
| 8/7/2025 | -4.7% | -4.7% | 14.2% |
| 5/8/2025 | -12.8% | -12.5% | -11.8% |
| 2/20/2025 | 0.7% | -16.3% | -35.1% |
| 11/12/2024 | 5.9% | -17.1% | -12.6% |
| 8/8/2024 | 0.4% | -1.3% | 1.3% |
| 3/12/2024 | -19.2% | -26.7% | -23.5% |
| 11/7/2023 | -1.8% | 5.7% | 7.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 7 | 4 | 6 |
| # Negative | 14 | 17 | 15 |
| Median Positive | 5.9% | 8.1% | 10.9% |
| Median Negative | -12.1% | -13.6% | -12.6% |
| Max Positive | 35.8% | 16.7% | 19.6% |
| Max Negative | -20.9% | -26.7% | -35.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/10/2025 | 10-Q (09/30/2025) |
| 06/30/2025 | 08/11/2025 | 10-Q (06/30/2025) |
| 03/31/2025 | 05/12/2025 | 10-Q (03/31/2025) |
| 12/31/2024 | 03/21/2025 | 10-K (12/31/2024) |
| 09/30/2024 | 11/12/2024 | 10-Q (09/30/2024) |
| 06/30/2024 | 08/09/2024 | 10-Q (06/30/2024) |
| 03/31/2024 | 05/15/2024 | 10-Q (03/31/2024) |
| 12/31/2023 | 03/15/2024 | 10-K (12/31/2023) |
| 09/30/2023 | 11/09/2023 | 10-Q (09/30/2023) |
| 06/30/2023 | 08/09/2023 | 10-Q (06/30/2023) |
| 03/31/2023 | 05/10/2023 | 10-Q (03/31/2023) |
| 12/31/2022 | 03/16/2023 | 10-K (12/31/2022) |
| 09/30/2022 | 11/09/2022 | 10-Q (09/30/2022) |
| 06/30/2022 | 08/09/2022 | 10-Q (06/30/2022) |
| 03/31/2022 | 05/10/2022 | 10-Q (03/31/2022) |
| 12/31/2021 | 03/01/2022 | 10-K (12/31/2021) |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Teal-Guess, Kellie | Chief Human Resources Officer | Direct | Sell | 12032025 | 1.01 | 18,301 | 18,484 | 1,054,086 | Form |
| 2 | Sinha, Dharmendra Kumar | EVP, President, Public Cloud | Direct | Sell | 11282025 | 1.04 | 91,151 | 94,797 | 2,671,651 | Form |
| 3 | Maletira, Amar | Direct | Sell | 9172025 | 1.35 | 1,780,619 | 2,403,836 | 6,221,636 | Form | |
| 4 | Scott, Anthony | Direct | Sell | 9082025 | 1.43 | 40,000 | 57,200 | 273,194 | Form | |
| 5 | Maletira, Amar | Chief Executive Officer | Direct | Sell | 3192025 | 1.87 | 521,840 | 975,841 | 8,168,773 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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