Equinix, Inc. (EQIX)
NASDAQ: EQIX · Real-Time Price · USD
878.98
-11.03 (-1.24%)
At close: Sep 26, 2024, 4:00 PM
880.94
+1.96 (0.22%)
After-hours: Sep 26, 2024, 4:37 PM EDT
Equinix Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Equinix stock have an average target of 878.21, with a low estimate of 669 and a high estimate of 980. The average target predicts a decrease of -0.09% from the current stock price of 878.98.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Equinix stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 6 | 5 | 5 |
| Buy | 3 | 3 | 3 | 5 | 5 | 5 |
| Hold | 8 | 8 | 8 | 6 | 6 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 16 | 16 | 17 | 16 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $870 → $980 | Strong Buy | Maintains | $870 → $980 | +11.49% | Sep 26, 2024 |
| CFRA | CFRA | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Sep 24, 2024 |
| Mizuho | Mizuho | Buy Maintains $873 → $971 | Buy | Maintains | $873 → $971 | +10.47% | Sep 12, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $915 → $935 | Strong Buy | Maintains | $915 → $935 | +6.37% | Aug 21, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $880 → $910 | Strong Buy | Maintains | $880 → $910 | +3.53% | Aug 13, 2024 |
Financial Forecast
Revenue This Year
8.92B
Revenue Next Year
9.67B
from 8.92B
Increased by 8.46%
EPS This Year
11.52
from 10.31
Increased by 11.70%
EPS Next Year
12.78
from 11.52
Increased by 11.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.2B | 10.2B | 11.2B | ||
| Avg | 8.9B | 9.7B | 10.5B | ||
| Low | 8.5B | 9.1B | 9.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 13.9% | 15.5% | ||
| Avg | - | 8.5% | 8.3% | ||
| Low | - | 2.0% | -0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.84 | 16.68 | 19.54 | ||
| Avg | 11.52 | 12.78 | 14.58 | ||
| Low | 10.28 | 10.09 | 9.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.6% | 44.9% | 52.9% | ||
| Avg | 11.7% | 11.0% | 14.0% | ||
| Low | -0.3% | -12.3% | -29.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.