is rackspace a good stock to buy

Does it have a plan to continue to make money? Rackspace Technology Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. On September 01, 2020 "BMO Capital Markets" gave "" rating for RXT. And the exact second the timer hits zero, the stock can skyrocket (up to a rare 23,200% in a day). The price has been going up and down for this period, and there has been a -2.24% loss for the last 2 weeks. Is RXT a good stock to buy now? It’s $199 worth of research… but you can get it for FREE. Slack Technologies (WORK) Unless you’re actually tried Slack Technologies’ platform, it’s hard to … A buy signal was issued from a pivot bottom point on Friday, March 05, 2021, and so far it has risen 2.54%. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. For the last week, the stock has had a daily average volatility of 2.90%. View IEX’s Terms of Use. Fundamental company data provided by Zacks Investment Research. Rackspace Technology started at buy with $26 stock price target at Deutsche Bank Aug. 31, 2020 at 6:44 a.m. The Rackspace Technology Inc. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. liable for your own investment decisions and agree to On further gains, the stock will meet resistance from the long-term moving average at $21.79. To see all exchange delays and terms of use please see disclaimer. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. See Before You Buy for your next steps. Please read the full disclaimer here. At the very opening of the session, the stock price was $18.69 and reached a high price of $20.72, prior to closing the session it reached the value of $18.57. MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. See what's happening in the market right now with MarketBeat's real-time news feed. Disclaimer: Not a financial professional. Is it a good time to buy Rackspace Technology stock? Identify stocks that meet your criteria using seven unique stock screeners. Rackspace’s stock shot up more than 17% following news of Amazon’s interest in it. Unconfirmed reports that Amazon may buy a minority stake in Rackspace Technology have bolstered the San Antonio company’s stock price. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. “Timed Stocks” are what Silicon Valley legend Jeff Brown calls stocks that, thanks to the federal government, have a preset countdown “timer” attached to their share price… The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock. Oppenheimer have made an estimate for Rackspace Technology Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 26, 2021. At Walletinvestor.com we predict future values with technical analysis for wide selection of stocks like Rackspace Technology Inc (RXT). Rackspace Technology Inc … Our recommended stop-loss: The Rackspace Technology Inc. stock price fell by -1.82% on the last day (Friday, 12th Mar 2021) from $20.93 to $20.55. If the lower trend floor at $20.23 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Jeff Brown just released a new research report. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. During the last day, the stock moved $0.58 between high and low, or 2.84%. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Rackspace Technology to Present at the Deutsche Bank Media, Internet and Telecom Conference. MarketBeat does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. The high price target for RXT is $44.00 and the low price target for RXT is $24.00. This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 The price target was set to $23.00 → $25.00. Export data to Excel for your own analysis. Support: $20.44. Receive a free world-class investing education from MarketBeat. He's changing space exploration with SpaceX and the auto industry... 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The Rackspace Technology Inc. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Learn everything you need to know about successful options trading with this three-part video course. Wall Street analysts have given Rackspace Technology a "Buy" rating, but there may be better short-term opportunities in the market. On a fall, the stock will find some support from the short-term average at $20.47. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Find the latest Rackspace Technology, Inc. (RXT) stock quote, history, news and other vital information to help you with your stock trading and investing. This is not a recommendation, however. The shares were indicated to open as low as $16, sharply below the IPO price. Money managers were taking a bullish view. There are currently 10 buy ratings for the stock, resulting in a consensus rating of "Buy." The lighter blue line represents the stock's consensus price target. View Rackspace Technology, Inc. RXT investment & stock information. It’s called The Top 5 Biotech IPOs of 2021.document.write(''); View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Learn about financial terms, types of investments, trading strategies and more. The chart below shows how a company's share price and consensus price target have changed over time. Given the current short-term trend, the stock is expected to rise 9.73% during the next 3 months and, with a 90% probability hold a price between $22.20 and $28.34 at the end of this 3-month period. Rackspace stock plunged 22%, closing at 16.39 on the stock market today. Edit: I plan to reenter tech stocks hardcore once these whales are done with whatever BS they do at the end of every quarter whenever there are big changes. Based on estimates by 9 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, none have rated the Rackspace Technology, Inc. (RXT) stock as a Hold, while 9 rate it as a Buy. Is it a good time to buy Rackspace Technology stock? Rackspace sees revenues land between $2.9 billion to $3.1 billion and earnings … Rackspace Technology Inc. finds support from accumulated volume at $20.44 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. Learn more. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day! None analyst(s) rate it as outperform while none of them rated it as underperform, whereas none suggest the stock as a Sell. We, therefore, hold a negative evaluation of this stock. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. Rackspace Hosting Inc stocks price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. ET by Tomi Kilgore Amazon in talks to invest in cloud-services company Rackspace… Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. The predicted opening price is based on yesterday's movements between high, low, and the closing price. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Looking for new stock ideas? This is a good time to look at which stocks are the ones doing well each day and why. Based on our analysis—if the company keeps making money the way it has been—you could be looking at a good stock. Terms of Use and Privacy Policy. On the last day, the trading volume fell by -939 thousand shares and in total, 497 thousand shares were bought and sold for approximately $10.21 million. The stock is off to a rocky debut. All rights reserved. If you are looking for stocks with good return, Rackspace Technology Inc can be a profitable investment option. Their average twelve-month price target is $27.90, predicting that the stock has a possible upside of 35.77%. The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. The 3 Best Canadian Bank Stocks I Would Buy With $3,000 for 2021; 5 Top Canadian Dividend Stocks I’d Buy Under $100 for 2021; Bank Stocks → Cannabis Stocks. The consensus among 8 Wall Street analysts covering ( NASDAQ : RXT ) stock is to Strong Buy RXT stock. Elon Musk changed online payment processing with Paypal. View our full suite of financial calendars and market data tables, all for free. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. There are currently 10 buy ratings for the stock, resulting in a consensus rating of "Buy.". The technical analysis gauge below displays real-time ratings for the timeframes you select. In this article we look at what those investors think of Rackspace Technology, Inc. (NASDAQ:RXT). This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy. Do Not Sell My Information. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell Candidate candidate. 10 Wall Street analysts have issued ratings and price targets for Rackspace Technology in the last 12 months. All users should speak with their financial advisor before buying or selling any securities. Is Rackspace Technology Stock a good buy in 2021, according to Wall Street analysts? The technical analysis gauge below displays real-time ratings for the timeframes you select. We are all together in this COVID-19 pandemic. Some negative signals were issued as well, and these may have some influence on the near short-term development. Our Accessibility Statement The high price target for RXT is $44.00 and the low price target for RXT is $24.00. Please log in to your account or sign up in order to add this asset to your watchlist. The stock touched a low price of $18.59. Meanwhile, shares of Rackspace (RXT) declined 3.5% in Monday's pre-market trading after tanking 16.1% on Feb. 19, as investors weren't impressed with the company's 2021 profit outlook. Get short term trading ideas from the MarketBeat Idea Engine. No stop-loss is set. We hold an negative evaluation for this stock. ... To find the other best stocks to buy or watch, check out IBD Stock Lists and other IBD research. Users should not base their investment decision upon "StockInvest.us". Your losses are our losses too. Cloud services provider Rackspace Technology returned to the public markets earlier this month, but it hasn't been a popular stock in the weeks since, trading well below its $21 IPO price. © American Consumer News, LLC dba MarketBeat® 2010-2021. You can opt out at any time. Real-time data provided for free by IEX. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. 10 Wall Street analysts have issued ratings and price targets for Rackspace Technology in the last 12 months. Rackspace Hosting looks like a price in the fair value range. "StockInvest.us" is a research service that provides financial data and technical analysis of publicly traded stocks. This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.This signal is rare and, in most cases, gives substantial returns. Get daily stock ideas top-performing Wall Street analysts. By using the site you agree and are held Want to see which stocks are moving? ... Buy (greater than or equal to "33% Buy" and less than or equal to "66% Buy") Weak Buy ("0% Buy" through "33% Buy") Hold; Bank Stocks. Rackspace Technology Inc. (RXT) is priced at $20.36 after the most recent trading session. MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Get the latest Rackspace Technology, Inc. RXT detailed stock quotes, stock … The article points out there isn’t a deal and doesn’t say if “sources” indicate there is interest from Rackspace. TipRanksBillionaire David Tepper Bets Big on These 2 "Strong Buy" Dividend StocksAnyone trying to keep track of where the markets might be heading, could be forgiven for displaying signs of World's 2nd Richest Man Is About To Shock The World. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. This is why we are offering FREE 14 days TRIAL SUBSCRIPTIONS with no further commitments. Further rise is indicated until a new top pivot has been found. featured in The Global Fintech Index 2020 as the top Fintech company of the country. This is not a recommendation, however. Furthermore, there is currently a sell signal from the 3 months Moving Average Convergence Divergence (MACD). Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. During the day the stock fluctuated 2.84% from a day low at $20.44 to a day high of $21.02. Price: $20.55 Does Rackspace Hosting have a coherent story? The anonymously sourced story ran in Reuters Monday. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Should You Buy RAX Stock? Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). View which stocks are hot on social media with MarketBeat's trending stocks report. Cloud services company Rackspace Technology was a hot ticket on Monday after a media report that a high-profile peer is in talks to buy a minority stake in … Resistance: $20.59 The dark blue line represents the company's actual price. Learn more. Their average twelve-month price target is $27.90, predicting that the stock has a possible upside of 35.50%. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy).

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