Equinix - EQIX Stock Forecast, Price & News

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last year. There are currently 6 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EQIX shares.
View EQIX analyst ratings or view top-rated stocks.

16 Wall Street analysts have issued 12-month target prices for Equinix's shares. Their EQIX share price forecasts range from $591.00 to $890.00. On average, they anticipate the company's stock price to reach $751.18 in the next year. This suggests a possible upside of 9.6% from the stock's current price.
View analysts price targets for EQIX or view top-rated stocks among Wall Street analysts.

Equinix's stock was trading at $845.84 on January 1st, 2022. Since then, EQIX shares have decreased by 19.0% and is now trading at $685.16.
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Equinix saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 1,500,000 shares, an increase of 11.1% from the October 31st total of 1,350,000 shares. Based on an average trading volume of 488,800 shares, the days-to-cover ratio is currently 3.1 days.
View Equinix's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our EQIX earnings forecast.

Equinix, Inc. (NASDAQ:EQIX) posted its quarterly earnings results on Wednesday, April, 27th. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.46 by $4.84. Equinix had a trailing twelve-month return on equity of 6.41% and a net margin of 9.84%. During the same quarter in the prior year, the business earned $6.98 earnings per share.
Read the conference call transcript.

Equinix announced a quarterly dividend on Wednesday, November 2nd. Shareholders of record on Wednesday, November 16th will be given a dividend of $3.10 per share on Wednesday, December 14th. This represents a $12.40 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend is Tuesday, November 15th.
Read our dividend analysis for EQIX.

Equinix (NASDAQ:EQIX) pays an annual dividend of $12.40 per share and currently has a dividend yield of 1.81%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 162.09%. 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 44.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EQIX.

Equinix updated its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.85 billion-$1.87 billion, compared to the consensus revenue estimate of $1.88 billion.

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.

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).

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 investors include Vanguard Group Inc. (12.98%), BlackRock Inc. (9.79%), State Street Corp (6.42%), Cohen & Steers Inc. (2.23%), Price T Rowe Associates Inc. MD (1.63%) and Dimensional Fund Advisors LP (1.32%). Insiders that own company stock include Adaire Fox-Martin, Brandi Galvin Morandi, Camp Peter Van, Charles J Meyers, Charles J Meyers, Christopher B Paisley, Gary Hromadko, Irving F Lyons III, Jonathan Lin, Karl Strohmeyer, Keith D Taylor, Keith D Taylor, Michael Earl Campbell, Nanci Caldwell, Nicholas Themelis, Sara Baack, Simon Miller and William K Luby.
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Shares of EQIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EQIX stock can currently be purchased for approximately $685.16.

Equinix (NASDAQ:EQIX) has a market capitalization of $63.40 billion and generates $6.64 billion in revenue each year. The financial services provider earns $500.19 million in net income (profit) each year or $7.65 on an earnings per share basis.

The company employs 10,944 workers across the globe.

Equinix's mailing address is ONE LAGOON DRIVE, REDWOOD CITY CA, 94065. The official website for the company is www.equinix.com. The financial services provider can be reached via phone at (650) 598-6000, via email at invest@equinix.com, or via fax at 650-598-6900.