NASDAQ:EQIXEquinix 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 increased by 8.9% and is now trading at $652.22. 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) released its earnings results on Wednesday, February, 12th. The financial services provider reported $1.46 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.56 by $0.10. The financial services provider earned $1.42 billion during the quarter, compared to analysts' expectations of $1.41 billion. Equinix had a net margin of 9.12% and a return on equity of 5.84%. The company's revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the company earned $1.36 EPS. View Equinix's earnings history.

Equinix announced 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 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date is Tuesday, February 25th. This is an increase from Equinix's previous quarterly dividend of $2.46. View Equinix's dividend history.

Equinix issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, February, 12th. The company provided earnings per share 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 Wall Street analysts have issued 1 year price targets for Equinix's stock. Their forecasts range from $500.00 to $710.00. On average, they anticipate Equinix's stock price to reach $623.26 in the next twelve months. This suggests that the stock has a possible downside of 4.4%. View analysts' price targets for Equinix.

News headlines about EQIX stock have trended very negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Equinix earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutEquinix.

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

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

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 investors include State of Alaska Department of Revenue (0.05%), Timbercreek Investment Management Inc. (0.05%), Gradient Investments LLC (0.00%), Pensionfund Sabic (0.00%) and Fulton Bank N.A. (0.00%). 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 Fulton Bank N.A.. 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 acquired by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., Pensionfund Sabic, State of Alaska Department of Revenue, and Gradient Investments LLC. 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 $652.22.

Equinix has a market capitalization of $52.74 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]