RXT stock price expected to increase by 3.25 in 12 months

Anna Perez

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Rackspace Technology Inc shares valued at $18,484 were sold by TEAL-GUESS KELLIE on Dec 01 ’25. At $1.01 per share, TEAL-GUESS KELLIE sold 18,301 shares. The insider’s holdings dropped to 1,043,650 shares worth approximately $1.07 million following the completion of this transaction.

Also, SINHA DHARMENDRA KUMAR sold 59,322 shares, netting a total of over 59,915 in proceeds. Following the sale of shares at $1.01 each, the insider now holds 2,509,573 shares.

Before that, AMAR MALETIRA had added 1,149 shares to its account. In a trade valued at $1,172, the Director bought Rackspace Technology Inc shares for $1.02 each.

As published in a research note from Raymond James on June 02, 2025, Rackspace Technology Inc [RXT] has been rated down from an Outperform to a Mkt perform. Analysts at UBS started covering the stock with ‘”a Neutral”‘ outlook in a report released in early November. As of September 19, 2023, Raymond James has increased its “Mkt perform” rating to a “an Outperform” for RXT. Earlier on July 25, 2023, Citigroup downgraded its rating. Their new recommendation was “a Sell” for RXT stock which previously was a “a Neutral”.

Analyzing RXT Stock Performance

On last trading session, Rackspace Technology Inc [NASDAQ: RXT] rose 3.64% to $1.03. The stock’s lowest price that day was $0.9868, but it reached a high of $1.045 in the same session. During the last five days, there has been a drop of approximately -0.96%. Over the course of the year, Rackspace Technology Inc shares have dropped approximately -61.57%. Shares of the company reached a 52-week high of $3.0300 on 02/21/25 and a 52-week low of $0.9681 on 12/02/25.

Support And Resistance Levels for Rackspace Technology Inc (RXT)

According to the 24-hour chart, there is a support level at 0.9962, which, if violated, would cause prices to drop to 0.9624. In the upper region, resistance lies at 1.0544. The next price resistance is at 1.0788. RSI (Relative Strength Index) is 35.72 on the 14-day chart, showing neutral technical sentiment.

Is Rackspace Technology Inc subject to short interest?

Stocks of Rackspace Technology Inc saw a sharp steep in short interest on 2025-11-14 dropping by -0.38 million shares to 5.42 million. Data from Yahoo Finance shows that the short interest on 2025-10-15 was 5.8 million shares. A decline of -7.0% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.63 of the overall float, the days-to-cover ratio (short ratio) decline to 4.63.

Which companies own the most shares of Rackspace Technology Inc (RXT)?

In terms of Rackspace Technology Inc share price expectations, FactSet research, analysts set an average price target of 3.25 in the next 12 months, up nearly 228.28% from the previous closing price of $0.99. Analysts anticipate Rackspace Technology Inc stock to reach 5 by 2025, with the lowest price target being 1.8. In spite of this, 8 analysts ranked Rackspace Technology Inc stock as Buy at the end of 2025. On October 11, 2022, Evercore ISI assigned a price target of “an In-line” to the stock and downgraded coverage with a $5.

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