Equinix, Inc. (EQIX)
NASDAQ: EQIX · Real-Time Price · USD
936.37
+12.77 (1.38%)
Nov 22, 2024, 4:00 PM EST - Market closed
Equinix Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Equinix stock have an average target of 936.18, with a low estimate of 669 and a high estimate of 1,080. The average target predicts a decrease of -0.02% from the current stock price of 936.37.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Equinix stock from 20 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 5 | 5 | 6 | 6 |
| Buy | 3 | 5 | 5 | 5 | 8 | 8 |
| Hold | 8 | 6 | 6 | 7 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 17 | 16 | 17 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $995 → $1,080 | Strong Buy | Maintains | $995 → $1,080 | +15.34% | Nov 20, 2024 |
| Barclays | Barclays | Hold Maintains $810 → $822 | Hold | Maintains | $810 → $822 | -12.21% | Nov 18, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $954 → $985 | Buy | Maintains | $954 → $985 | +5.19% | Oct 31, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $865 → $984 | Strong Buy | Maintains | $865 → $984 | +5.09% | Oct 31, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $975 → $1,020 | Buy | Maintains | $975 → $1,020 | +8.93% | Oct 31, 2024 |
Financial Forecast
Revenue This Year
8.94B
Revenue Next Year
9.70B
from 8.94B
Increased by 8.44%
EPS This Year
11.64
from 10.31
Increased by 12.94%
EPS Next Year
13.65
from 11.64
Increased by 17.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.2B | 10.2B | 11.4B | ||
| Avg | 8.9B | 9.7B | 10.6B | ||
| Low | 8.5B | 9.1B | 9.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 13.9% | 18.0% | ||
| Avg | - | 8.4% | 9.1% | ||
| Low | - | 2.0% | 1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.41 | 20.24 | 22.86 | ||
| Avg | 11.64 | 13.65 | 16.05 | ||
| Low | 10.90 | 10.05 | 12.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.4% | 73.8% | 67.5% | ||
| Avg | 12.9% | 17.2% | 17.6% | ||
| Low | 5.7% | -13.6% | -9.9% |
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.