Equinix Stock Forecast, Price & 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 increased by 25.6% and is now trading at $752.07.
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21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last year. There are currently 2 hold ratings and 19 buy ratings 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, November 4th 2020.
View our earnings forecast for Equinix.

Equinix Inc (NASDAQ:EQIX) issued its quarterly earnings results on Wednesday, July, 29th. The financial services provider reported $1.52 EPS for the quarter, missing analysts' consensus estimates of $5.40 by $3.88. The financial services provider earned $1.47 billion during the quarter, compared to analysts' expectations of $1.46 billion. Equinix had a return on equity of 5.43% and a net margin of 8.69%. The firm's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.69 EPS.
View Equinix's earnings history.

Equinix declared a quarterly dividend on Wednesday, July 29th. Stockholders of record on Wednesday, August 19th will be paid a dividend of $2.66 per share on Wednesday, September 23rd. This represents a $10.64 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend is Tuesday, August 18th.
View Equinix's dividend history.

Equinix issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, July, 29th. The company provided EPS guidance of 23.87-24.67 for the period. The company issued revenue guidance of $5.919-5.989 billion, compared to the consensus revenue estimate of $5.96 billion.

21 brokerages have issued 1 year price targets for Equinix's stock. Their forecasts range from $625.00 to $883.00. On average, they anticipate Equinix's stock price to reach $789.30 in the next year. This suggests a possible upside of 5.0% from the stock's current price.
View analysts' price targets for Equinix.

Some companies that are related to Equinix include Facebook (FB), SEA (SE), eBay (EBAY), CoStar Group (CSGP), Twitter (TWTR), Verisign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Envestnet (ENV), Stamps.com (STMP), J2 Global (JCOM), LivePerson (LPSN), SPS Commerce (SPSC) and Cornerstone OnDemand (CSOD).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Equinix investors own include NVIDIA (NVDA), salesforce.com (CRM), Alibaba Group (BABA), Mastercard (MA), American Tower (AMT), Intel (INTC), Visa (V), Cisco Systems (CSCO), Paypal (PYPL) and Netflix (NFLX).

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

Equinix's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.74%), BlackRock Inc. (7.43%), FMR LLC (2.44%), Principal Financial Group Inc. (1.88%), GQG Partners LLC (1.33%) and Sumitomo Mitsui Trust Holdings Inc. (1.03%). Company insiders that own Equinix stock include Adaire Fox-Martin, Brandi Galvin Morandi, Camp Peter Van, Charles J Meyers, Christopher B Paisley, Karl Strohmeyer, Keith D Taylor, Michael Earl Campbell, Nanci Caldwell, Sara Baack, Simon Miller, William K Luby 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 Cbre Clarion Securities LLC, UBS Group AG, Toronto Dominion Bank, Winslow Capital Management LLC, FMR LLC, Banco Santander S.A., Principal Financial Group Inc., and FIL Ltd. Company insiders that have sold Equinix company stock in the last year include Adaire Fox-Martin, Brandi Galvin Morandi, Camp Peter Van, Charles J Meyers, Christopher B Paisley, Karl Strohmeyer, Keith D Taylor, Michael Earl Campbell, Nanci Caldwell, 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 GQG Partners LLC, Charles Schwab Investment Management Inc., BlackRock Inc., APG Asset Management US Inc., Brookfield Asset Management Inc., Aew Capital Management L P, Bank of America Corp DE, and Vanguard Group Inc..
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 $752.07.

Equinix has a market capitalization of $66.60 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.

The official website for Equinix is 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]