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Rackspace beat Q3 2022 earnings expectations, yet its stock fell to $2.88, with analysts maintaining a "Hold" rating.
Rackspace Technology reported Q3 2022 earnings that beat Wall Street expectations, but its stock price fell to $2.88.
The company updated its Q1 2025 guidance and Barclays raised its price target to $2.00, though maintaining an "underweight" rating.
Rackspace provides cloud technology services, and the stock has a consensus "Hold" rating with a target price of $2.47.
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Rackspace superó las expectativas de ganancias del Q3 2022, sin embargo, su stock cayó a $2.88, con los analistas manteniendo una calificación de "Sostener".