Rackspace Technology reported US$8.3 million net income in Q1 2026 and signed a Memorandum of Understanding with AMD to develop governed enterprise AI cloud infrastructure.
The company trades at a Price-to-Sales ratio of 0.3x, significantly below the US IT industry average of 2.1x and peer average of 4.2x, with an estimated fair P/S of 1.3x. However, Rackspace posted a net loss of US$146.0 million on US$2,698.4 million of revenue.
A DCF fair value model points to approximately $4.32 per share compared with the current $3.52 price, implying roughly an 18.5% discount, though the analyst target sits at US$2.17 per share.
Ask the AI about this article →
For example, today's edition would include:
AI-summarized, only the topics you pick — one digest a day via Email, Slack, or Discord.
Free · takes 30 seconds · unsubscribe anytimeWhat is AIToday? →
Ask AI anything about this article. Q&As are published on this page for other readers too.
Phonely Ltd. launched Alma, a large language AI model built for voice agents and trained on over 10 million re…
Aranya Inc., a startup founded last year, launched today with $11 million in funding
CBTS Technology Solutions LLC launched Forge Agents, a platform that turns a plain-language job description in…
Imec CEO Patrick Vandenameele said at SEMICON Taiwan 2026 that the Belgian research center is broadening its c…
Alphabet's AI Overviews now reach over 2.5 billion monthly users through Google Search, and its ad business ge…
Sarah O’Connor's book 'We Are Not Machines' explores how mechanization and AI have transformed the workforce…
