Except that Rackspace revenue is still growing steadily year over year at a solid pace, so clearly not everyone agree with the "less and less reasons to visit it"
I think they are growing much slower than the industry and competition from AWS makes their margin razor thin. Latest quarter report shows that revenue growth was only 1.6% over previous quarter and profit margin of 0.6%, and their shares are down more than 60% since 2013 maximum (on the growing market). So, overall it doesn't look very good.
