NASDAQ:EQIXEquinix Stock Price, Forecast & News

Equinix's stock was trading at $598.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EQIX shares have increased by 15.8% and is now trading at $693.35. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last year. There are currently 1 sell rating, 2 hold ratings and 15 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, July 29th 2020. View our earnings forecast for Equinix.

Equinix Inc (NASDAQ:EQIX) issued its quarterly earnings data on Wednesday, May, 6th. The financial services provider reported $1.38 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $5.40 by $4.02. The financial services provider earned $1.44 billion during the quarter, compared to analysts' expectations of $1.45 billion. Equinix had a net margin of 9.00% and a return on equity of 5.80%. Equinix's revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the business earned $5.95 EPS. View Equinix's earnings history.

Equinix declared a quarterly dividend on Wednesday, May 6th. Stockholders of record on Wednesday, May 20th will be given a dividend of $2.66 per share on Wednesday, June 17th. This represents a $10.64 annualized dividend and a yield of 1.53%. The ex-dividend date is Tuesday, May 19th. View Equinix's dividend history.

Equinix updated its second quarter 2020 After-Hours earnings guidance on Wednesday, May, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.446-1.466 billion, compared to the consensus revenue estimate of $1.49 billion.

18 brokers have issued 12-month price targets for Equinix's stock. Their forecasts range from $540.00 to $754.00. On average, they expect Equinix's share price to reach $684.89 in the next twelve months. This suggests that the stock has a possible downside of 1.2%. View analysts' price targets for Equinix.

News headlines about EQIX stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Equinix earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutEquinix.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Equinix investors own include NVIDIA (NVDA), Alibaba Group (BABA), salesforce.com (CRM), Mastercard (MA), Walt Disney (DIS), American Tower (AMT), Intel (INTC), Johnson & Johnson (JNJ), Visa (V) and Netflix (NFLX).

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

Equinix's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.36%), State Street Corp (4.23%), Cohen & Steers Inc. (3.68%), Edgewood Management LLC (3.25%), Capital World Investors (2.97%) and Capital International Investors (2.80%). 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, 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 Edgewood Management LLC, Cohen & Steers Inc., Capital World Investors, Sustainable Growth Advisers LP, Wellington Management Group LLP, BlackRock Inc., Waddell & Reed Financial Inc., and Capital International Investors. 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 purchased by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Girard Partners LTD., Nuveen Asset Management LLC, Capital Research Global Investors, Zimmer Partners LP, Massachusetts Financial Services Co. MA, State Street Corp, and Principal Financial 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 $693.35.

Equinix has a market capitalization of $59.58 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]