Equinix (EQIX) Stock Forecast & Price Target

$799.50
-10.18 (-1.26%)
(As of 05/16/2024 ET)

Equinix Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 15 Analyst Ratings

Analysts' Consensus Price Target

$869.76
8.79% Upside
High Forecast$960.00
Average Forecast$869.76
Low Forecast$669.00
TypeCurrent Forecast
5/18/23 to 5/17/24
1 Month Ago
4/18/23 to 4/17/24
3 Months Ago
2/17/23 to 2/17/24
1 Year Ago
5/18/22 to 5/18/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
8 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
13 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$869.76$862.50$851.00$780.28
Predicted Upside8.79% Upside8.10% Upside8.35% Upside13.65% Upside

EQIX Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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EQIX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Equinix Stock vs. The Competition

TypeEquinixFinance CompaniesS&P 500
Consensus Rating Score
2.67
2.44
2.49
Consensus RatingModerate BuyHoldHold
Predicted Upside8.79% Upside56.08% Upside7.86% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/10/2024TD Cowen
4 of 5 stars
 Lower TargetBuy ➝ Buy$862.00 ➝ $859.00+13.44%
4/17/2024Barclays
2 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$818.00 ➝ $669.00-9.11%
3/28/2024Morgan Stanley
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$767.00 ➝ $762.00-7.53%
3/20/2024HSBC
2 of 5 stars
 DowngradeBuy ➝ Hold$900.00+11.88%
3/20/2024Oppenheimer
3 of 5 stars
 Boost TargetOutperform ➝ Outperform$875.00 ➝ $950.00+18.18%
3/18/2024Truist Financial
1 of 5 stars
 Boost TargetBuy ➝ Buy$915.00 ➝ $950.00+10.50%
3/13/2024Stifel Nicolaus
4 of 5 stars
 Reiterated RatingBuy ➝ Buy$960.00+11.66%
2/29/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$855.00 ➝ $950.00+7.07%
2/15/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$800.00 ➝ $825.00-5.83%
2/15/2024BMO Capital Markets
3 of 5 stars
 Boost TargetOutperform ➝ Outperform$910.00 ➝ $925.00+11.07%
1/2/2024Wolfe Research
2 of 5 stars
 UpgradeUnderperform ➝ Peer Perform
12/6/2023KeyCorp
4 of 5 stars
 Initiated CoverageSector Weight
10/13/2023Scotiabank
5 of 5 stars
 Initiated CoverageSector Outperform$856.00+15.16%
8/15/2023Deutsche Bank Aktiengesellschaft
2 of 5 stars
 Boost TargetBuy ➝ Buy$780.00 ➝ $825.00+7.12%
8/4/2023JPMorgan Chase & Co.
3 of 5 stars
 Boost Target$825.00 ➝ $900.00+18.51%
8/3/2023Raymond James
4 of 5 stars
 Boost TargetStrong-Buy ➝ Strong-Buy$885.00 ➝ $910.00+20.34%
6/23/2023Bank of America
4 of 5 stars
 Boost Target$750.00 ➝ $850.00+13.79%
6/22/2023UBS Group
4 of 5 stars
 Boost Target$765.00 ➝ $900.00+17.19%
5/18/2023Argus
2 of 5 stars
 Boost Target$720.00 ➝ $795.00+9.18%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:37 AM ET.

EQIX Price Target - Frequently Asked Questions

What is Equinix's consensus rating and price target?

According to the issued ratings of 15 analysts in the last year, the consensus rating for Equinix stock is Moderate Buy based on the current 6 hold ratings, 8 buy ratings and 1 strong buy rating for EQIX. The average twelve-month price prediction for Equinix is $869.76 with a high price target of $960.00 and a low price target of $669.00. Learn more on EQIX's analyst rating history.

Do Wall Street analysts like Equinix more than its competitors?

Analysts like Equinix more than other Finance companies. The consensus rating for Equinix is Moderate Buy while the average consensus rating for finance companies is Hold. Learn more on how EQIX compares to other companies.

Is Equinix being downgraded by Wall Street analysts?

Over the previous 90 days, Equinix's stock had 1 downgrade by analysts.

Does Equinix's stock price have much upside?

According to analysts, Equinix's stock has a predicted upside of 8.61% based on their 12-month stock forecasts.

What analysts cover Equinix?

Equinix has been rated by Barclays, HSBC, Morgan Stanley, Oppenheimer, Royal Bank of Canada, Stifel Nicolaus, TD Cowen, and Truist Financial in the past 90 days.


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This page (NASDAQ:EQIX) was last updated on 5/17/2024 by MarketBeat.com Staff