Quote & Headlines
Market Currents
StockTalk
Today
5d
1m
3m
1y
5y
10y
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
3,372 people get RAX articles and Market Currents by email alert.
Get email alerts on RAX »
HEADLINES:
ALL
|
PRO
|
FOCUS
|
RELATED
|
TRANSCRIPTS
|
NEWS & PR
-
-
-
-
-
Business Wire (May 9, 2013)
-
Business Wire (May 8, 2013)
-
Business Wire (May 1, 2013)
-
Business Wire (Apr 29, 2013)
-
-
Business Wire (Apr 23, 2013)
-
Bear Of The Day: RackspaceZacks Investment Research • Tue, Apr 23
-
Business Wire (Apr 23, 2013)
-
-
Business Wire (Apr 16, 2013)
-
Business Wire (Apr 15, 2013)
-
Business Wire (Apr 9, 2013)
-
Business Wire (Apr 8, 2013)
To learn more about Seeking Alpha Pro, click here.
-
-
-
Bear Of The Day: RackspaceZacks Investment Research • Tue, Apr 23
-
-
-
-
-
-
-
-
-
Rackspace: A Beneficiary Of The Growth In Cloud ComputingQineqt • Mon, Oct 1, 2012 -
-
-
-
-
Rackspace Finally Launches The Open Source CloudDana Blankenhorn • Wed, Aug 1, 2012
-
-
-
-
Rackspace Hosting, Inc. Q4 2009 Earnings Call TranscriptWed, Feb 17, 2010
-
Rackspace Hosting, Inc. Q2 2008 Earnings Call TranscriptWed, Sep 10, 2008 • 3 Comments
-
at MarketWatch.com (May 9, 2013)
-
Business Wire (May 9, 2013)
-
at MarketWatch.com (May 8, 2013)
-
at CNBC.com (May 8, 2013)
-
Business Wire (May 8, 2013)
-
Business Wire (May 1, 2013)
-
Business Wire (Apr 29, 2013)
-
Business Wire (Apr 23, 2013)
-
Business Wire (Apr 23, 2013)
-
Business Wire (Apr 16, 2013)
-
Business Wire (Apr 15, 2013)
-
Business Wire (Apr 9, 2013)
-
Business Wire (Apr 8, 2013)
-
Business Wire (Mar 13, 2013)
-
Business Wire (Mar 6, 2013)
-
Business Wire (Feb 27, 2013)
-
Business Wire (Feb 22, 2013)
-
Business Wire (Feb 13, 2013)
-
at CNBC.com (Feb 13, 2013)
RAX vs. ETF Alternatives
Company Description
Rackspace Hosting, Inc. was incorporated in Delaware on March 7, 2000 under the name Rackspace.com, Inc. However, our operations began in 1998 as a limited partnership, which became our subsidiary through a corporate reorganization completed on August 21, 2001. The company’s name was changed to... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
-
Thursday, May 9, 12:46 PM
Midday top 10 gainers: TRMD +94%. OPTT +42%. VRML +32%. AFFY +28%. TSLA +27%. XOMA +26%. GMCR +25%. CTRP +24%. OWW +23%. CHYR +19%.
Midday top 10 losers: LPSN -34%. PZZI -33%. RAX -26%. KEM -25%. NSYS -23%. MNOV -22%. WG -20%. GV -18%. ORBT -16%. OFIX -16%. Comment! [On the Move] - Thursday, May 9, 12:45 PM Four downgrades are levied on Rackspace (RAX -26.3%) following yesterday's Q1 revenue miss, accompanied by worrying business metrics. Slowing growth and a slumping EBITDA margin (due to price cuts) are problems that will get worse as Microsoft and Google ramp their cloud offerings, argues CLSA, which has cut shares to Sell. The firm adds checks indicate "mid-tier to large firms" are increasingly migrating from hosting to cloud services, and expects OpenStack to be immaterial to RAX's bottom line for the next 1-2 years. Stephens, making a contrarian upgrade to Overweight, thinks "new contract wins are on the horizon," as Rackspace targets enterprises. EQIX -2.2%. COR -4.2%. INXN -3.3%. VMW -2.5%. (transcript) 1 Comment [Tech, Earnings, On the Move]
-
Thursday, May 9, 9:10 AM
Premarket gainers: BKS +29%. TSLA +24%. CTRP +17%. GMCR +15%. GRPN +15%. XOMA +12%. TC +12%. OWW +7%. AFFY +7%. WAC +7%.
Losers: LPSN -22%. RAX -21%. PZZI -17%. GV -11%. MNST -10%. SSNC -7%. HEK -7%. 2 Comments [On the Move] -
Wednesday, May 8, 5:53 PM
After-hours top gainers, as of 5:30 p.m.: TSLA +17%. GMCR +12%. GRPN +10%. EOX +6%. EXAM +6%.
After-hours top losers: RAX -17%. OME -14%. LPSN -13%. MNST -12%. OFIX -9%. Comment! [On the Move] - Wednesday, May 8, 5:16 PM Rackspace (RAX) now -15.8% AH following its Q1 revenue miss. Server count rose 4% Q/Q to 95.1K, but average revenue/server fell $2 to $1,308 after steadily rising in 2012. Also, the net upgrade rate fell to 0.9% from Q4's 1.2% and Q3's 1.6%, and installed base growth fell to just 0.1% from Q4's 0.5% and Q3's 0.8%. Dedicated cloud (hosting) revenue +15% Y/Y (+18% in Q4) to $271.3M and still 75% of total. Public cloud (OpenStack) +40% (+49% in Q4) to $90.9M - investors might be looking for faster growth, given Amazon and Microsoft's growth rates. Capex was $125.4M (35% of revenue), +43% Q/Q and +52% Y/Y. (PR) 1 Comment [Tech, Earnings, On the Move]
- Wednesday, May 8, 4:06 PM Rackspace (RAX): Q1 EPS of $0.20 in-line. Revenue of $362.2M (+20% Y/Y) misses by $5M. Adjusted free cash flow of -$1M. Shares -3.8% AH. CC at 4:30PM ET (webcast). (PR) Comment! [Tech, Earnings, On the Move, Breaking News]
- Thursday, May 2, 12:54 PM Rackspace (RAX +3.1%) catches a bid on fresh speculation IBM is considering a bid for the company - a former IBM exec told GigaOm last month the IT giant has eyed both Rackspace and rival SoftLayer as M&A targets. Rackspace's Q1 report arrives on May 8; 12.3% of the float was shorted as of April 15. (also) Comment! [Tech, On the Move, M&A]
- Tuesday, April 2, 10:17 AM A downgrade to Sector Perform from Wells Fargo leads Rackspace (RAX -3%) to fall below $48. "While we continue to believe that RAX is a great company ... we think the company is in a transition period which could limit stock appreciation ... for the next 6-12 months," writes analyst Gray Powell. He's worried about Rackspace's price cuts, and the cannibalizing effect cloud infrastructure services could have on hosting services growth. CLSA started coverage with an Underperform last week, and Pac Crest cut shares to Sector Perform the week before. Comment! [Tech, On the Move]
- Wednesday, March 27, 9:56 AM Rackspace (RAX -3.4%) falls towards $50 after CLSA starts coverage with an Underperform and $52 PT. Pac Crest downgraded Rackspace to Sector Perform last week. Shares -32% YTD. Comment! [Tech, On the Move]
- Friday, March 15, 10:27 AM After opening nearly unchanged, Rackspace (RAX -3.7%) is selling off in the wake of a report IBM and EMC (among others) are eying rival SoftLayer Technologies. Wells Fargo is arguing SoftLayer competes more with Amazon than Rackspace, and that investors should take the news in stride. But others on the Street are a little more concerned. Comment! [Tech, On the Move]
-
Friday, February 22, 9:10 AM
Premarket gainers: WBMD +19%. ARUN +14%. FIRE +13%. JOEZ +11%. CYBX +8%. MRVL +5%. GLUU +5%. HPQ +5%.
Losers: ETRM -17%. RAX -6%. FRO -6%. Comment! [On the Move] -
Wednesday, February 13, 12:45 PM
Midday top 10 gainers: RSOL +76%. RCON +27%. TRLA +25%. PRLB +24%. RPXC +22%. PRO +18%. ICAD +17%. PES +13%. AMRI +12%. VG +11%.
Midday top 10 losers: LTRE -21%. EZCH -21%. RATE -19%. RAX -18%. CLF -18%. MPG -17%. FBN -17%. NAII -16%. ATOS -14%. ZN -13%. Comment! [On the Move] - Wednesday, February 13, 12:13 PM Rackspace (RAX -17.3%) is crashing thanks to a Q4 miss caused by slowing server growth and a declining upgrade rate. On the earnings call, management stated execution and macro issues caused the upgrade rate drop, but the transition to cloud services from traditional hosting has also been mentioned as a reason for slowing growth. Rackspace expects 2013 capex of $375M-$445M, up from 2012's $338M. Staples has been added as an OpenStack cloud customer, and management boasts of a major lead on IT giants supporting the platform. Comment! [Tech, Earnings, On the Move]
-
Wednesday, February 13, 9:10 AM
Premarket gainers: RCON +56%. PPHM +17%. EZCH +11%. WFR +9%. CMCSA +8%. GRPN +8%. VG +5%.
Losers: RATE -18%. CLF -14%. RAX -12%. AVEO -11%. AMX -6%. DF -6%. NICE -5%. Comment! [On the Move] -
Tuesday, February 12, 5:41 PM
After-hours top gainers, as of 5:15 p.m.: RPXC +17%. TRLA +8%. CMCSA +7%. CMCSK +6%. NOG +5%.
After-hours top losers: RATE -20%. RAX -8%. NAII -8%. CLF -8%. NTGR -7%. Comment! [On the Move] - Tuesday, February 12, 4:03 PM Rackspace (RAX): Q4 EPS of $0.21 misses by $0.01. Revenue of $353M (+25% Y/Y) misses by $2.42M. Shares -8.3% AH. (PR) 2 Comments [Earnings, Breaking News, Tech, On the Move]
-
- View all 0 replies
-
- View all 3 replies
-
Speeddymon: Remember though that Y/Y revenues are up. Shares are down because earnings missed the estimates. Its a better buy today now that prices fell
-
-
- View all 0 replies
-
- View all 0 replies
-
- View all 0 replies
-
- View all 6 replies
-
-
-
- View all 0 replies
-
Tony Kau
$TDC should follow $RAX - looks exhausted here, looking for rebound http://ow.ly/klFG2 http://ow.ly/i/1XgG1 - View all 0 replies
-
- View all 0 replies
-
StockConsultant
$RAX very oversold and holding above recent support, bullish charts analysis http://goo.gl/T6Uvp - View all 0 replies
LATEST REPLIES
-
- View all 3 replies
-
Speeddymon: Remember though that Y/Y revenues are up. Shares are down because earnings missed the estimates. Its a better buy today now that prices fell
-
-
- View all 6 replies
-
-
-
- View all 3 replies
-
cheznazi: Yup, I gathered that but did not expect such a severe whipping. I hope people put a stop loss on this one! :)
-
-
- View all 8 replies
-
Closet Iguana: The only reason I can see it going higher is the earnings estimates are too low. -0.17? Come on! Last yr it was -0.12 and last Q was -0.14.
-
Closet Iguana: I'm not bitter about AMD it's the stock promoters that annoy me.
-
- View all 2 replies
-
-
Erick McKitterick: No I left the THC long back on Nov 7th. I both tweeted the trade and put it on SA.
-
- View all 5 replies
-
Erick McKitterick: Paid services are available such as LiveVol Pro or Bloomberg Trade station. I use LiveVolPro it's 250.00 a month.
-
-
- View all 1 replies
-
-
- View all 1 replies
-
Maria Auziliadora: I am glad I down own this one thought about it though way overpriced and missed earnings TIBX better choice
-
- View all 15 replies
-
Bret Kenwell: Indeed, I learned quick if I'm going short, either cut the losses quick, or take gain early. Up until recently the market hasn't rewarded -
Bret Kenwell: the bears much, and if it did, it was only a moment. right now my only long is MSFT. looking to establish long in AAPL short in CRM though.
-
- View all 9 replies
-
-
-
- View all 3 replies
-
Boatyzaffa: Oz, I don;t consider myself a buy and hold guy, but the price action last thursday caught my attention as RAX on a 40% increase in daily...
-
-
- View all 7 replies
-
-