Equinix Stock Forecast, Price & News

Equinix's stock was trading at $598.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EQIX stock has increased by 16.5% and is now trading at $697.79.
View which stocks have been most impacted by COVID-19.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last year. There are currently 2 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Equinix or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Equinix a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Equinix wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Equinix is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for Equinix.

Equinix, Inc. (REIT) (NASDAQ:EQIX) posted its quarterly earnings results on Wednesday, October, 28th. The financial services provider reported $0.74 EPS for the quarter, missing the Zacks' consensus estimate of $5.45 by $4.71. Equinix had a return on equity of 4.62% and a net margin of 7.58%.
View Equinix's earnings history.

Equinix announced a quarterly dividend on Wednesday, October 28th. Investors of record on Wednesday, November 18th will be paid a dividend of $2.66 per share on Wednesday, December 9th. This represents a $10.64 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Tuesday, November 17th.
View Equinix's dividend history.

Equinix issued an update on its FY20 earnings guidance on Wednesday, October, 28th. The company provided earnings per share guidance of $24.38-24.61 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $16.79. The company issued revenue guidance of $5.983-6.003 billion, compared to the consensus revenue estimate of $5.97 billion.

20 Wall Street analysts have issued 1 year target prices for Equinix's stock. Their forecasts range from $695.00 to $883.00. On average, they anticipate Equinix's share price to reach $804.68 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price.
View analysts' price targets for Equinix.

Equinix saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 740,200 shares, an increase of 17.1% from the October 31st total of 632,000 shares. Based on an average daily trading volume, of 400,500 shares, the days-to-cover ratio is currently 1.8 days.
View Equinix's Short Interest.

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

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), Johnson & Johnson (JNJ), Cisco Systems (CSCO), PayPal (PYPL) and The Walt Disney (DIS).

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 BlackRock Inc. (7.55%), State Street Corp (3.98%), JPMorgan Chase & Co. (2.01%), Principal Financial Group Inc. (1.68%), Nuveen Asset Management LLC (1.33%) and Massachusetts Financial Services Co. MA (1.14%). Company insiders that own Equinix stock include Adaire Fox-Martin, Brandi Galvin Morandi, Camp Peter Van, Charles J Meyers, Christopher B Paisley, Gary Hromadko, Karl Strohmeyer, Keith D Taylor, Michael Earl Campbell, Nanci Caldwell, Sara Baack, Simon Miller and William K Luby.
View institutional ownership trends for Equinix.

EQIX stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Principal Financial Group Inc., Nuveen Asset Management LLC, Lasalle Investment Management Securities LLC, Heitman Real Estate Securities LLC, Charles Schwab Investment Management Inc., Sustainable Growth Advisers LP, and SPX Equities Gestao de Recursos Ltda. 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, Gary Hromadko, 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 acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Great West Life Assurance Co. Can, BlackRock Inc., Massachusetts Financial Services Co. MA, CIBC Private Wealth Group LLC, Aew Capital Management L P, DekaBank Deutsche Girozentrale, and Morgan Stanley.
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 $697.79.

Equinix has a market capitalization of $62.17 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]