RXT vs. MGNI, FORTY, OPRA, MLNK, LZMH, SEMR, LSPD, NABL, TUYA, and NYAX
Should you be buying Rackspace Technology stock or one of its competitors? The main competitors of Rackspace Technology include Magnite (MGNI), Formula Systems (1985) (FORTY), Opera (OPRA), MeridianLink (MLNK), LZ Technology (LZMH), Semrush (SEMR), Lightspeed Commerce (LSPD), N-able (NABL), Tuya (TUYA), and Nayax (NYAX). These companies are all part of the "computer software" industry.
Rackspace Technology vs.
Magnite (NASDAQ:MGNI) and Rackspace Technology (NASDAQ:RXT) are both small-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their media sentiment, risk, institutional ownership, analyst recommendations, dividends, community ranking, valuation, earnings and profitability.
73.4% of Magnite shares are held by institutional investors. Comparatively, 82.5% of Rackspace Technology shares are held by institutional investors. 4.3% of Magnite shares are held by company insiders. Comparatively, 2.0% of Rackspace Technology shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Magnite has a beta of 2.69, meaning that its stock price is 169% more volatile than the S&P 500. Comparatively, Rackspace Technology has a beta of 2.12, meaning that its stock price is 112% more volatile than the S&P 500.
In the previous week, Magnite had 10 more articles in the media than Rackspace Technology. MarketBeat recorded 11 mentions for Magnite and 1 mentions for Rackspace Technology. Magnite's average media sentiment score of 0.95 beat Rackspace Technology's score of 0.88 indicating that Magnite is being referred to more favorably in the media.
Magnite received 76 more outperform votes than Rackspace Technology when rated by MarketBeat users. Likewise, 73.49% of users gave Magnite an outperform vote while only 46.00% of users gave Rackspace Technology an outperform vote.
Magnite has higher earnings, but lower revenue than Rackspace Technology. Rackspace Technology is trading at a lower price-to-earnings ratio than Magnite, indicating that it is currently the more affordable of the two stocks.
Magnite has a net margin of 2.62% compared to Rackspace Technology's net margin of -31.51%. Magnite's return on equity of 4.64% beat Rackspace Technology's return on equity.
Magnite currently has a consensus target price of $18.81, indicating a potential upside of 68.98%. Rackspace Technology has a consensus target price of $2.15, indicating a potential upside of 62.88%. Given Magnite's stronger consensus rating and higher probable upside, equities analysts plainly believe Magnite is more favorable than Rackspace Technology.
Summary
Magnite beats Rackspace Technology on 16 of the 18 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NASDAQ:RXT) was last updated on 4/18/2025 by MarketBeat.com Staff
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