S&P 500   5,149.41 (-0.95%)
DOW   38,122.59 (-0.87%)
QQQ   439.26 (-1.37%)
AAPL   175.91 (+0.50%)
MSFT   422.20 (-1.34%)
META   514.69 (-1.62%)
GOOGL   157.65 (-1.10%)
AMZN   186.72 (-1.23%)
TSLA   171.89 (-1.55%)
NVDA   887.60 (-2.05%)
AMD   164.03 (-3.79%)
NIO   4.11 (-7.85%)
BABA   72.27 (-3.45%)
T   16.41 (-0.06%)
F   12.68 (-2.76%)
MU   123.23 (-3.36%)
GE   153.17 (-2.69%)
CGC   8.04 (-1.35%)
DIS   114.11 (-2.59%)
AMC   2.71 (-3.21%)
PFE   26.11 (-0.87%)
PYPL   65.35 (-0.68%)
XOM   122.93 (+0.94%)
S&P 500   5,149.41 (-0.95%)
DOW   38,122.59 (-0.87%)
QQQ   439.26 (-1.37%)
AAPL   175.91 (+0.50%)
MSFT   422.20 (-1.34%)
META   514.69 (-1.62%)
GOOGL   157.65 (-1.10%)
AMZN   186.72 (-1.23%)
TSLA   171.89 (-1.55%)
NVDA   887.60 (-2.05%)
AMD   164.03 (-3.79%)
NIO   4.11 (-7.85%)
BABA   72.27 (-3.45%)
T   16.41 (-0.06%)
F   12.68 (-2.76%)
MU   123.23 (-3.36%)
GE   153.17 (-2.69%)
CGC   8.04 (-1.35%)
DIS   114.11 (-2.59%)
AMC   2.71 (-3.21%)
PFE   26.11 (-0.87%)
PYPL   65.35 (-0.68%)
XOM   122.93 (+0.94%)
S&P 500   5,149.41 (-0.95%)
DOW   38,122.59 (-0.87%)
QQQ   439.26 (-1.37%)
AAPL   175.91 (+0.50%)
MSFT   422.20 (-1.34%)
META   514.69 (-1.62%)
GOOGL   157.65 (-1.10%)
AMZN   186.72 (-1.23%)
TSLA   171.89 (-1.55%)
NVDA   887.60 (-2.05%)
AMD   164.03 (-3.79%)
NIO   4.11 (-7.85%)
BABA   72.27 (-3.45%)
T   16.41 (-0.06%)
F   12.68 (-2.76%)
MU   123.23 (-3.36%)
GE   153.17 (-2.69%)
CGC   8.04 (-1.35%)
DIS   114.11 (-2.59%)
AMC   2.71 (-3.21%)
PFE   26.11 (-0.87%)
PYPL   65.35 (-0.68%)
XOM   122.93 (+0.94%)
S&P 500   5,149.41 (-0.95%)
DOW   38,122.59 (-0.87%)
QQQ   439.26 (-1.37%)
AAPL   175.91 (+0.50%)
MSFT   422.20 (-1.34%)
META   514.69 (-1.62%)
GOOGL   157.65 (-1.10%)
AMZN   186.72 (-1.23%)
TSLA   171.89 (-1.55%)
NVDA   887.60 (-2.05%)
AMD   164.03 (-3.79%)
NIO   4.11 (-7.85%)
BABA   72.27 (-3.45%)
T   16.41 (-0.06%)
F   12.68 (-2.76%)
MU   123.23 (-3.36%)
GE   153.17 (-2.69%)
CGC   8.04 (-1.35%)
DIS   114.11 (-2.59%)
AMC   2.71 (-3.21%)
PFE   26.11 (-0.87%)
PYPL   65.35 (-0.68%)
XOM   122.93 (+0.94%)
NASDAQ:EQIX

Equinix (EQIX) Stock Price, News & Analysis

$767.87
-5.95 (-0.77%)
(As of 11:14 AM ET)
Today's Range
$762.30
$770.85
50-Day Range
$773.82
$913.66
52-Week Range
$672.88
$914.93
Volume
105,098 shs
Average Volume
554,811 shs
Market Capitalization
$72.66 billion
P/E Ratio
74.48
Dividend Yield
2.22%
Price Target
$868.72

Equinix MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
12.3% Upside
$868.72 Price Target
Short Interest
Healthy
2.16% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.18
Upright™ Environmental Score
News Sentiment
0.73mentions of Equinix in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$14.79 M Sold Last Quarter
Proj. Earnings Growth
8.83%
From $30.93 to $33.66 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.82 out of 5 stars

Finance Sector

253rd out of 2,634 stocks

Real Estate Investment Trusts Industry

16th out of 534 stocks

EQIX stock logo

About Equinix Stock (NASDAQ:EQIX)

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.

EQIX Stock Price History

EQIX Stock News Headlines

Gold Hits New All-Time Highs
Due to both domestic and global issues, the trajectory of this precious metal could skyrocket in the coming months… Which is why billionaires and Central Banks alike are scooping up gold at record rates!
Gold Hits New All-Time Highs
Due to both domestic and global issues, the trajectory of this precious metal could skyrocket in the coming months… Which is why billionaires and Central Banks alike are scooping up gold at record rates!
Expert Outlook: Equinix Through The Eyes Of 12 Analysts
See More Headlines
Receive EQIX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Equinix and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/03/2023
Ex-Dividend for 3/20 Dividend
2/27/2024
Dividend Payable
3/20/2024
Today
4/12/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Internet Software & Services
Current Symbol
NASDAQ:EQIX
CUSIP
29444U50
Employees
13,151
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$868.72
High Stock Price Target
$960.00
Low Stock Price Target
$762.00
Potential Upside/Downside
+12.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
14 Analysts

Profitability

Net Income
$969.18 million
Pretax Margin
13.73%

Debt

Sales & Book Value

Annual Sales
$8.19 billion
Cash Flow
$29.63 per share
Book Value
$133.02 per share

Miscellaneous

Free Float
94,318,000
Market Cap
$73.22 billion
Optionable
Optionable
Beta
0.58

Social Links

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

Should I Buy Equinix Stock? EQIX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Equinix, Inc.:

  • Equinix (NASDAQ: EQIX) has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company's strategic focus on digital infrastructure positions it well to capitalize on the increasing demand for cloud services and data centers.
  • Equinix's global presence and extensive network of data centers provide diversification and stability to its revenue streams.
  • Recent partnerships and acquisitions have expanded Equinix's market reach and enhanced its service offerings, potentially driving future growth.
  • Despite short-term market fluctuations, Equinix's long-term growth potential remains promising, making it an attractive investment option.

Cons

Investors should be bearish about investing in Equinix, Inc. for these reasons:

  • The stock price of Equinix (NASDAQ: EQIX) has experienced volatility in recent months, which may pose risks to short-term investors.
  • Competition in the digital infrastructure industry is intensifying, potentially impacting Equinix's market share and pricing power.
  • Changes in regulatory environments related to data privacy and security could increase compliance costs for Equinix, affecting its profitability.
  • Fluctuations in interest rates and macroeconomic conditions may influence Equinix's borrowing costs and overall financial performance.
  • Investors should closely monitor any shifts in technology trends that could impact Equinix's relevance and competitive position in the market.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, April 9, 2024. Please send any questions or comments about these Equinix pros and cons to contact@marketbeat.com.

EQIX Stock Analysis - Frequently Asked Questions

Should I buy or sell Equinix stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last year. There are currently 6 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" EQIX shares.
View EQIX analyst ratings
or view top-rated stocks.

What is Equinix's stock price target for 2024?

14 analysts have issued 12 month target prices for Equinix's stock. Their EQIX share price targets range from $762.00 to $960.00. On average, they expect the company's share price to reach $868.72 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price.
View analysts price targets for EQIX
or view top-rated stocks among Wall Street analysts.

How have EQIX shares performed in 2024?

Equinix's stock was trading at $805.39 at the beginning of the year. Since then, EQIX shares have decreased by 3.9% and is now trading at $773.82.
View the best growth stocks for 2024 here
.

Are investors shorting Equinix?

Equinix saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 2,040,000 shares, an increase of 46.8% from the March 15th total of 1,390,000 shares. Based on an average daily volume of 569,500 shares, the days-to-cover ratio is currently 3.6 days.
View Equinix's Short Interest
.

When is Equinix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our EQIX earnings forecast
.

How were Equinix's earnings last quarter?

Equinix, Inc. (NASDAQ:EQIX) announced its earnings results on Wednesday, May, 3rd. The financial services provider reported $2.77 earnings per share for the quarter, missing the consensus estimate of $7.00 by $4.23. The financial services provider earned $2 billion during the quarter, compared to analyst estimates of $1.97 billion. Equinix had a net margin of 11.84% and a trailing twelve-month return on equity of 8.01%. The company's quarterly revenue was up 15.2% compared to the same quarter last year. During the same period in the prior year, the company earned $7.16 earnings per share.
Read the conference call transcript
.

How often does Equinix pay dividends? What is the dividend yield for Equinix?

Equinix declared a quarterly dividend on Wednesday, February 14th. Investors of record on Wednesday, February 28th will be paid a dividend of $4.26 per share on Wednesday, March 20th. This represents a $17.04 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Tuesday, February 27th.
Read our dividend analysis for EQIX
.

Is Equinix a good dividend stock?

Equinix (NASDAQ:EQIX) pays an annual dividend of $17.04 per share and currently has a dividend yield of 2.20%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 165.28%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, EQIX will have a dividend payout ratio of 50.62% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EQIX.

What guidance has Equinix issued on next quarter's earnings?

Equinix issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.1 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion.

What is Charles Meyers' approval rating as Equinix's CEO?

663 employees have rated Equinix Chief Executive Officer Charles Meyers on Glassdoor.com. Charles Meyers has an approval rating of 98% among the company's employees. This puts Charles Meyers in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. 84.0% of employees surveyed would recommend working at Equinix to a friend.

What other stocks do shareholders of Equinix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Equinix investors own include NVIDIA (NVDA), Salesforce (CRM), Alibaba Group (BABA), Mastercard (MA), American Tower (AMT), Intel (INTC), Johnson & Johnson (JNJ), Cisco Systems (CSCO), PayPal (PYPL) and Walt Disney (DIS).

Who are Equinix's major shareholders?

Equinix's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.10%), Rheos Capital Works Inc. (0.03%), Cardinal Capital Management Inc. (0.02%), Czech National Bank (0.02%), Appleton Partners Inc. MA (0.02%) and Los Angeles Capital Management LLC (0.02%). Insiders that own company stock include Brandi Galvin Morandi, Camp Peter Van, Charles J Meyers, Christopher B Paisley, Fidelma Russo, Gary Hromadko, Irving F Lyons III, Jonathan Lin, Karl Strohmeyer, Keith D Taylor, Keith D Taylor, Michael Earl Campbell, Nicholas Themelis, Sara Baack, Scott Crenshaw and Simon Miller.
View institutional ownership trends
.

How do I buy shares of Equinix?

Shares of EQIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Equinix have any subsidiaries?
The following companies are subsidiares of Equinix: Alog Data Centers do Brasil, Asia Tone Limited, Bit-isle Equinix, CHI 3 LLC, CHI 3 Procurement LLC, DCI Management Inc., DCI Tech Holdings Infomart LLLP, EMEA Hyperscale 1 C.V., EPS Enterprises Inc., Equinix (Australia) Enterprises Holdings Pty Limited, Equinix (Australia) Enterprises Pty Limited, Equinix (Bulgaria) Data Centers EAD, Equinix (Canada) Enterprises Ltd., Equinix (Cayman) Holdings Limited, Equinix (China) Investment Holding Co. Ltd, Equinix (EMEA) Acquisition Enterprises B.V., Equinix (EMEA) B.V., Equinix (EMEA) Management Inc., Equinix (Finland) Enterprises Oy, Equinix (Finland) Oy, Equinix (France) Enterprises SAS, Equinix (Germany) Enterprises GmbH, Equinix (Germany) GmbH, Equinix (Government) LLC, Equinix (Hong Kong) Enterprises Limited, Equinix (Ireland) Enterprises Limited, Equinix (Ireland) Limited, Equinix (Italia) Enterprises S.r.l., Equinix (Japan) Enterprises K.K., Equinix (Japan) Technology Services K.K., Equinix (Netherlands) B.V., Equinix (Netherlands) Enterprises B.V., Equinix (Netherlands) Holdings B.V., Equinix (Poland) Enterprises sp. z o.o., Equinix (Poland) Technology Services sp. z o.o., Equinix (Poland) sp. z o.o., Equinix (Portugal) Data Centers S.A., Equinix (Real Estate) B.V., Equinix (Real Estate) GmbH, Equinix (Real Estate) Holdings SC, Equinix (Real Estate) SCI, Equinix (Services) Limited, Equinix (Singapore) Enterprises Pte. Ltd., Equinix (Spain) Enterprises S.L.U., Equinix (Spain) S.A.U., Equinix (Sweden) AB, Equinix (Sweden) Enterprises AB, Equinix (Switzerland) Enterprises GmbH, Equinix (Switzerland) GmbH, Equinix (UK) Acquisition Enterprises Limited, Equinix (UK) Enterprises Ltd., Equinix (UK) Limited, Equinix (US) Enterprises Inc., Equinix (Velocity) Holding Company, Equinix Asia Pacific Holdings Pte. Ltd., Equinix Asia Pacific Pte. Ltd., Equinix Australia National Pty. Ltd., Equinix Australia Pty Limited, Equinix Canada Ltd., Equinix Colombia Inc., Equinix France SAS, Equinix Government Solutions LLC, Equinix Hong Kong Limited, Equinix Hyperscale (GP) LLC, Equinix Hyperscale (LP) LLC, Equinix Hyperscale 1 (LD11) Ltd., Equinix Hyperscale 1 Holdings B.V., Equinix II (Portugal) Enterprises Data Centers Unipessoal Lda, Equinix Impact LLC, Equinix Information Technology (Shanghai) Co. Ltd., Equinix Italia S.r.l., Equinix Japan K.K. (in Kanji), Equinix Korea LLC, Equinix LLC, Equinix Middle East FZ-LLC, Equinix Muscat LLC, Equinix Pacific LLC, Equinix Professional Services Inc., Equinix RP II LLC, Equinix Singapore Holdings Pte. Ltd., Equinix Singapore Pte. Ltd., Equinix South America Holdings LLC, Equinix Turkey Data Merkezi Üretim Inşaat Sanayi ve Ticaret Anonim Şirketi, Equinix Turkey Enterprises Data Merkezi Üretim Inşaat Sanayi ve Ticaret Anonim Şirketi, Equinix Turkey Internet Hizmetleri Anonim Sirketi, Equinix WGQ Information Technology (Shanghai) Co. Ltd., Equinix YP Information Technology (Shanghai) Co. Ltd., Equinix do Brasil Soluções de Tecnologia em Informática Ltda., Equinix do Brasil Telecomunicações Ltda., Gaohong Equinix (Shanghai) Information Technology Co. Ltd, Infomart Dallas GP LLC, Infomart Dallas LP, Infomart Holdings LLC, Infomart Venture LLC, Itconic Innovate IT, Kleyer 90 Carrier Hotel, Kvastvägen Fastighets AB, LA4 LLC, MGH Bidco Pty Limited, MGH Finco Pty Limited, MGH Holdco Pty Ltd, MGH Pegasus Pty Ltd, McLaren Pty Limited, McLaren Unit Trust, Metronode, Metronode (ACT) Pty Limited, Metronode (NSW) Pty Ltd, Metronode C1 Pty Limited, Metronode Group Pty Limited, Metronode Investments Pty Limited, Metronode M2 Pty Ltd, Metronode New Zealand Limited, Metronode P2 Pty Limited, Metronode S2 Pty Ltd, Moran Road Partners LLC, NY2 Hartz Way LLC, Nimbo, Open Hub Med Societa Consortile a responsabilita limitata, Packet, SV1 LLC, Switch & Data Facilities Company LLC, Switch & Data LLC, Switch & Data MA One LLC, Switch & Data WA One LLC, Switch & Data/NY Facilities Company LLC, Switch And Data NJ Two LLC, Switch and Data, Switch and Data CA Nine LLC, Switch and Data Operating Company LLC, Switch and Data VA Four LLC, Telecity Group Limited, TelecityGroup, TelecityGroup Holdings Ltd., TelecityGroup International Ltd., TelecityGroup Investments Ltd., TelecityGroup Spain S.A., TelecityGroup UK Ltd., Upminster GmbH, VDC I LLC, VDC II LLC, VDC III LLC, VDC IV LLC, VDC V LLC, VDC VI LLC, VDC VII LLC, VDC VIII LLC, Virtu Secure Webservices B.V., and ancotel.
Read More
This page (NASDAQ:EQIX) was last updated on 4/12/2024 by MarketBeat.com Staff

From Our Partners