Rackspace Technology (RXT) closed at $1.23 on February 20, 2026, with unusually high trading volume in anticipation of its earnings report on February 26, 2026. Despite negative EPS and PE ratios, the stock is showing strong short-term momentum, though with risk of pullback. Meyka AI assigns RXT a B+ grade and a “BUY” suggestion, yet also projects a one-year modeled level of $0.30, highlighting mixed signals for this high-volatility, event-driven trade.
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RXT Rackspace Technology (NASDAQ) closed $1.23 20 Feb 2026: earnings on Feb 26 may shift price
Rackspace Technology (RXT) closed at $1.23 on February 20, 2026, with unusually high trading volume in anticipation of its earnings report on February 26, 2026. Despite negative EPS and PE ratios, the stock is showing strong short-term momentum, though with risk of pullback. Meyka AI assigns RXT a B+ grade and a “BUY” suggestion, yet also projects a one-year modeled level of $0.30, highlighting mixed signals for this high-volatility, event-driven trade.