NASDAQ:EQIX - Equinix Stock Price, Forecast & News

Equinix's stock was trading at $598.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, EQIX stock has decreased by 0.8% and is now trading at $594.27. View which stocks have been mosted impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last year. There are currently 1 sell rating, 1 hold rating, 16 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Equinix.

Equinix is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Equinix.

Equinix Inc (NASDAQ:EQIX) issued its quarterly earnings data on Wednesday, February, 12th. The financial services provider reported $1.46 EPS for the quarter, missing the consensus estimate of $1.56 by $0.10. The financial services provider had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.41 billion. Equinix had a return on equity of 5.84% and a net margin of 9.12%. The company's revenue was up 8.2% compared to the same quarter last year. During the same period last year, the company posted $1.36 earnings per share. View Equinix's earnings history.

Equinix declared a quarterly dividend on Wednesday, February 12th. Shareholders of record on Wednesday, February 26th will be given a dividend of $2.66 per share on Wednesday, March 18th. This represents a $10.64 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend is Tuesday, February 25th. This is a boost from Equinix's previous quarterly dividend of $2.46. View Equinix's dividend history.

Equinix updated its FY 2020 After-Hours earnings guidance on Wednesday, February, 12th. The company provided earnings per share (EPS) guidance of 24.42-25.00 for the period. The company issued revenue guidance of $6-6.05 billion, compared to the consensus revenue estimate of $6.04 billion.

19 analysts have issued 1 year target prices for Equinix's stock. Their forecasts range from $500.00 to $710.00. On average, they expect Equinix's stock price to reach $623.26 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View analysts' price targets for Equinix.

Media stories about EQIX stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Equinix earned a news sentiment score of 0.8 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutEquinix.

Some companies that are related to Equinix include Facebook (FB), eBay (EBAY), CoStar Group (CSGP), Twitter (TWTR), Verisign (VRSN), Akamai Technologies (AKAM), SEA (SE), LogMeIn (LOGM), J2 Global (JCOM), Envestnet (ENV), ANGI Homeservices (ANGI), Stamps.com (STMP), Cornerstone OnDemand (CSOD), Cimpress (CMPR) and Yelp (YELP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Equinix investors own include NVIDIA (NVDA), Alibaba Group (BABA), Broadcom (AVGO), Walt Disney (DIS), Cisco Systems (CSCO), Netflix (NFLX), salesforce.com (CRM), Verizon Communications (VZ), Intel (INTC) and Mastercard (MA).

Equinix trades on the NASDAQ under the ticker symbol "EQIX."

Equinix's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Cohen & Steers Inc. (4.43%), State Street Corp (4.31%), Edgewood Management LLC (4.20%), Capital World Investors (3.62%), FMR LLC (3.13%) and Capital International Investors (3.08%). Company insiders that own Equinix stock include Brandi Galvin Morandi, Camp Peter Van, Charles J Meyers, Christopher B Paisley, Karl Strohmeyer, Keith D Taylor, Michael Earl Campbell, Sara Baack, Simon Miller and Yau Tat Lee. View institutional ownership trends for Equinix.

EQIX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Edgewood Management LLC, 1832 Asset Management L.P., USS Investment Management Ltd, Alliancebernstein L.P., Renaissance Technologies LLC, Capital World Investors, and Principal Financial Group Inc.. Company insiders that have sold Equinix company stock in the last year include Brandi Galvin Morandi, Camp Peter Van, Charles J Meyers, Christopher B Paisley, Karl Strohmeyer, Keith D Taylor, Michael Earl Campbell, Sara Baack, and Simon Miller. View insider buying and selling activity for Equinix.

EQIX stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Capital Research Global Investors, Resolution Capital Ltd, Duff & Phelps Investment Management Co., M&G Investment Management Ltd., Cohen & Steers Inc., Daiwa Securities Group Inc., and UBS Group AG. View insider buying and selling activity for Equinix.

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

One share of EQIX stock can currently be purchased for approximately $594.27.

Equinix has a market capitalization of $48.05 billion and generates $5.56 billion in revenue each year. The financial services provider earns $507.45 million in net income (profit) each year or $22.81 on an earnings per share basis. Equinix employs 8,378 workers across the globe. View additional information about Equinix.

The official website for Equinix is http://www.equinix.com/.

Equinix's mailing address is ONE LAGOON DRIVE, REDWOOD CITY CA, 94065. The financial services provider can be reached via phone at 650-598-6000 or via email at [email protected]