How to Buy Rackspace Technology Stock
Rackspace Technology Inc
Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. It operates through Multicloud Services and Apps & Cross Platform segments.
Rackspace Technology stock last closed at $1.27, down 3.79% from the previous day, and has decreased 23.03% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.3 percentage points. Rackspace Technology stock is currently +2.42% from its 52-week low of $1.24, and -62.75% from its 52-week high of $3.41.
There are currently 237.31M shares of RXT outstanding. The market value of RXT is $301.38M. In the last 24 hours, 283,438 RXT shares were traded.
How to Buy Rackspace Technology Stock
Wondering how to invest in Rackspace Technology stock? Here's how.
- Decide where to buy Rackspace Technology stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Rackspace Technology stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your method of payment and add your information.
- Evaluate Rackspace Technology stock: The Rackspace Technology ticker symbol is RXT. Is Rackspace Technology stock a good investment? Should you buy shares of RXT? How do RXT's underlying business fundamentals look? Do top analysts think Rackspace Technology is a good buy? Why has RXT's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if RXT is a good stock to buy).
- Place your RXT purchase: Decide if you will purchase RXT shares at the current market price or use a limit order to buy RXT stock at a given price.
- Track your investment in RXT: Create a watchlist to important updates regarding your new investment in Rackspace Technology stock.
Step 1: Decide where to buy Rackspace Technology stock
You will need an online brokerage account to access the NASDAQ market and buy RXT shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you are able to invest in RXT today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start a new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on one of the most highly reviewed stock apps, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of transferring money into your new brokerage account.
Step 4: Evaluate Rackspace Technology stock
After you have figured out the best place to buy Rackspace Technology stock, it's absolutely critical to analyze their stock before you buy, so you can understand the risk and opportunity.
Rackspace Technology Numbers
Fundamentals of RXT
WallStreetZen was designed to help part-time investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on RXT's stock page.
Is RXT stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge RXT's intrinsic value.
You can do additional valuation analysis on RXT's stock here.
How do RXT Financials look?
Positive Financial Indicators:
- RXT has $144.00M in cash and short term investments. This is enough to cover its annual cash burn of $54.30M.
- RXT has cash burn of 54300000. It has sufficient cash and short-term investments to cover this for at least one year.
Negative Financial Indicators:
- RXT debt to equity ratio of -4.04 is negative.
- There are more short-term liabilities than short-term assets on the RXT balance sheet.
- Total RXT debt is still negative.
- There are more long-term liabilities than short-term assets on the RXT balance sheet.
- RXT profit margin has gone down from -28.3% to -31.4% in the past year.
Is it a good time to buy Rackspace Technology stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who research RXT, the consensus analyst rating on Rackspace Technology is a Strong Sell
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Rackspace Technology stock forecast page.
Metrics for Advanced RXT Traders
Is RXT Making Money?
Last year, RXT revenue was $2.74B. During the past five year, RXT's revenue has gone up by 2.34% per year. This was slower than the Software - Infrastructure industry average of 17.42%.
Learn more about RXT's earnings and revenue performance here.
Latest Insiders Trades at RXT
In the last 12 months, executives and large shareholders at RXT have sold more shares than they have bought.
Srini Koushik, President Technology of RXT, was the latest RXT insider to sell. They sold $138,327.64 worth of RXT stock on Mar 17, 2025.
Research more about who owns RXT shares here.
Can I rely on RXT as an income stream?
No, Rackspace Technology doesn't provide an income stream by paying out dividends.
What others are saying about RXT
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your RXT purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price, place a limit order.
Press the Open button and eToro will execute your order.
If you need additional help with buying stocks on eToro, click the helpful video below:
Step 6: Track your investment in RXT
Now that you own some RXT stock, you'll want to keep up with your new investment.
Create a watchlist to get the latest updates about your RXT stock.
RXT Feed
How to Buy Stock in Rackspace Technology
To reiterate, here are the 6 steps to buy Rackspace Technology stock:
- Decide where to buy Rackspace Technology stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Rackspace Technology stock
- Place your RXT purchase
- Track your investment in RXT
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your new investment in Rackspace Technology, create a watchlist on WallStreetZen today.
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