Zacks Research Has Optimistic Outlook of Equinix Q4 Earnings

Equinix, Inc. (NASDAQ:EQIX - Free Report) - Analysts at Zacks Research upped their Q4 2026 EPS estimates for Equinix in a research report issued on Friday, May 30th. Zacks Research analyst R. Department now forecasts that the financial services provider will earn $9.47 per share for the quarter, up from their previous forecast of $9.41. The consensus estimate for Equinix's current full-year earnings is $33.10 per share. Zacks Research also issued estimates for Equinix's Q1 2027 earnings at $8.97 EPS.

EQIX has been the subject of several other research reports. Stifel Nicolaus raised their target price on Equinix from $1,030.00 to $1,050.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Mizuho reduced their price objective on shares of Equinix from $1,094.00 to $1,053.00 and set an "outperform" rating for the company in a research note on Friday, March 28th. Cfra Research raised shares of Equinix from a "hold" rating to a "strong-buy" rating in a report on Friday, March 28th. Citigroup raised their price target on shares of Equinix from $970.00 to $990.00 and gave the company a "buy" rating in a report on Monday, May 5th. Finally, BMO Capital Markets reduced their price target on shares of Equinix from $1,085.00 to $1,065.00 and set an "outperform" rating for the company in a research report on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating, twenty have given a buy rating and six have given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $1,004.80.

Equinix Stock Performance

Shares of NASDAQ EQIX traded up $4.35 during mid-day trading on Monday, hitting $894.84. The company had a trading volume of 535,939 shares, compared to its average volume of 524,426. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 1.19. Equinix has a 1 year low of $701.41 and a 1 year high of $994.03. The company has a market capitalization of $87.53 billion, a price-to-earnings ratio of 104.66, a P/E/G ratio of 1.78 and a beta of 0.97. The stock's 50-day moving average price is $832.24 and its 200-day moving average price is $890.56.

Equinix (NASDAQ:EQIX - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $9.67 EPS for the quarter, beating analysts' consensus estimates of $9.01 by $0.66. Equinix had a net margin of 9.32% and a return on equity of 6.31%. The company had revenue of $2.23 billion for the quarter, compared to analysts' expectations of $2.23 billion. During the same period in the prior year, the company posted $8.86 EPS. Equinix's revenue was up 4.1% compared to the same quarter last year.

Equinix Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 21st will be paid a dividend of $4.69 per share. This represents a $18.76 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend is Wednesday, May 21st. Equinix's dividend payout ratio (DPR) is presently 195.01%.

Insider Transactions at Equinix

In related news, Director Christopher B. Paisley sold 100 shares of the stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $869.41, for a total transaction of $86,941.00. Following the completion of the sale, the director now directly owns 17,569 shares in the company, valued at $15,274,664.29. This represents a 0.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Kurt Pletcher sold 127 shares of Equinix stock in a transaction that occurred on Wednesday, May 7th. The stock was sold at an average price of $877.70, for a total value of $111,467.90. Following the completion of the transaction, the insider now directly owns 1,842 shares in the company, valued at $1,616,723.40. This trade represents a 6.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.27% of the company's stock.

Institutional Investors Weigh In On Equinix

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Strs Ohio purchased a new position in shares of Equinix in the first quarter valued at about $105,409,000. Foresight Group Ltd Liability Partnership increased its holdings in Equinix by 3.2% during the 1st quarter. Foresight Group Ltd Liability Partnership now owns 21,701 shares of the financial services provider's stock valued at $17,473,000 after purchasing an additional 665 shares during the period. Turn8 Private Wealth Inc. purchased a new position in Equinix during the 1st quarter valued at about $2,802,000. Advisors Capital Management LLC raised its position in Equinix by 12.8% during the 1st quarter. Advisors Capital Management LLC now owns 564 shares of the financial services provider's stock valued at $460,000 after purchasing an additional 64 shares during the last quarter. Finally, Mattson Financial Services LLC lifted its holdings in Equinix by 10.8% in the 1st quarter. Mattson Financial Services LLC now owns 2,085 shares of the financial services provider's stock worth $1,700,000 after buying an additional 203 shares during the period. 94.94% of the stock is currently owned by institutional investors.

Equinix Company Profile

Equinix Nasdaq: EQIX is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.