RXT stock: Rackspace (NASDAQ) $1.23 before Feb 26 earnings: guidance to set trend

RXT stock trades at $1.23 intraday in the United States on NASDAQ as investors position ahead of Rackspace Technology, Inc.’s earnings on 23 Feb 2026 reporting week with the company scheduled to announce results on 26 Feb 2026. Volume is elevated at 66,494,700.00 shares versus an average of 1,609,805.00, signaling outsized trader interest. This earnings spotlight focuses on guidance, cash flow metrics, and how management commentary could move the RXT stock price in the short term.

RXT stock earnings preview and calendar

Rackspace Technology, Inc. (RXT) reports results on 26 Feb 2026 with the earnings call at 08:30 ET. Consensus and official guidance will be central because the company has a trailing EPS of -1.05 and a negative P/E of -1.60. Watch for revenue growth commentary and any update to bookings or managed services margins, as those items drive short-term moves in RXT stock.

RXT stock financials and valuation snapshot

Rackspace shows a market cap of $409,234,762.00 and TTM revenue-per-share of 11.18. Key ratios include price-to-sales 0.16, EV/Revenue 1.33, and free cash flow yield 0.17. Current ratio is 0.71 and interest coverage is negative at -1.38, highlighting liquidity and leverage pressures. These metrics frame valuation risk and explain why the stock trades well below its 52-week high of $3.03 and above its 52-week low of $0.39.

RXT stock technicals and intraday trading cues

Technicals are stretched: RSI is 78.28 (overbought) and ADX is 56.06 indicating a strong trend. Day range is $1.00–$1.30 with an open at $1.26 and previous close $1.23. Relative volume sits at 125.41, showing heavy participation. Traders may treat a move above $1.30 as a momentum continuation trigger and a break below $1.00 as a short-term risk level for RXT stock.

RXT stock Meyka AI grade and model forecast

Meyka AI rates RXT with a score out of 100: 70.97 (B+) — BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 12‑month level of $0.30, versus the current price of $1.23, implying an implied downside of -75.61%. Forecasts are model-based projections and not guarantees. We include this to show model divergence from headline grade and to stress scenario planning.

RXT stock catalysts, risks, and price targets

Catalysts: clearer bookings growth, margin expansion in Multicloud Services, and any debt reduction plan. Risks: continued negative EPS, weak operating cash flow, and leverage (enterprise value $3,584,598,840.00) that can amplify downside. MarketBeat lists a current analyst price target of $1.51 source while our trading view sets a near-term range of $0.80–$2.50 depending on earnings tone. For news on sector moves that affected Rackspace recently see Seeking Alpha coverage source.

Final Thoughts

Key takeaways for RXT stock ahead of the Feb 26 earnings: management guidance will determine the next leg because the company carries negative EPS (-1.05) and tight liquidity (current ratio 0.71). Market activity is intense with 66,494,700.00 shares traded and relative volume 125.41, so price moves can be amplified. Analysts’ price target consensus includes a $1.51 target from coverage and our realistic trading range is $0.80–$2.50 based on scenario outcomes. Meyka AI’s forecast model projects $0.30 over the year, implying -75.61% from the current $1.23; this projection is model-based and not a guarantee. Use earnings as a decision point: bullish investors will focus on margin recovery and bookings; cautious traders will watch cash flow and debt commentary. For quick follow-up, see live coverage on Meyka AI’s platform and the linked market notes above

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.