Equinix, Inc. (EQIX)
Market Cap | 88.67B |
Revenue (ttm) | 8.15B |
Net Income (ttm) | 1.06B |
Shares Out | 96.49M |
EPS (ttm) | 11.09 |
PE Ratio | 82.83 |
Forward PE | 73.13 |
Dividend | $17.04 (1.85%) |
Ex-Dividend Date | Nov 13, 2024 |
Volume | 664,114 |
Open | 916.30 |
Previous Close | 923.00 |
Day's Range | 914.52 - 923.06 |
52-Week Range | 684.14 - 943.02 |
Beta | 0.70 |
Analysts | Buy |
Price Target | 936.18 (+1.88%) |
Earnings Date | Oct 30, 2024 |
About EQIX
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals. [Read more]
Financial Performance
In 2023, Equinix's revenue was $7.75 billion, an increase of 15.34% compared to the previous year's $6.72 billion. Earnings were $969.18 million, an increase of 37.60%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for EQIX stock is "Buy." The 12-month stock price forecast is $936.18, which is an increase of 1.88% from the latest price.
News
Equinix to Help Accelerate AI Innovation in Singapore with US$260+ Million Data Center Expansion
REDWOOD CITY, Calif. and SINGAPORE , Nov. 19, 2024 /PRNewswire/ -- Today Equinix, Inc. (Nasdaq: EQIX) announced plans for its latest data center in Singapore, aimed at enabling global businesses to le...
Peru Data Center Market Investment Analysis Report 2024-2029, Featuring Coverage of Equinix, Optical Networks (Win Empresas), Claro, Actis (Nabiax), Cirion Technologies, GTD Peru, Among Others
Dublin, Nov. 01, 2024 (GLOBE NEWSWIRE) -- The "Peru Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Peru Data...
Equinix CEO Adaire Fox-Martin on Q3 earnings
Adaire Fox-Martin, Equinix CEO, joins CNBC's 'The Exchange' to discuss building out AI infrastructure, partnerships with hyperscalers, and more.
Equinix, Inc. (EQIX) Q3 2024 Earnings Call Transcript
Equinix, Inc. (NASDAQ:EQIX) Q3 2024 Earnings Conference Call October 30, 2024 5:30 PM ET Company Participants Chip Newcom - Senior Director of IR Adaire Fox-Martin - CEO and President Keith Taylor - ...
Equinix forecasts quarterly revenue above estimates on steady demand
Equinix forecast fourth-quarter revenue above Wall Street estimates on Wednesday, driven by steady demand for its data center services amid the continuing surge in artificial intelligence boom.
Equinix Declares Quarterly Dividend on Its Common Stock
REDWOOD CITY, Calif. , Oct. 30, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that its Board of Directors has declared a quarterly ca...
Equinix Reports Third-Quarter 2024 Results
REDWOOD CITY, Calif. , Oct. 30, 2024 /PRNewswire/ -- Quarterly revenues increased 7% on both an as-reported and normalized and constant currency basis over the same quarter last year to $2.2 billion R...
Equinix: Selling Shovels In A Gold Rush
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JPMorgan Says These 3 Data Center Stocks Will Benefit From AI Boom
J.P. Morgan analyst Richard Choe is bullish on Digital Realty Trust, Equinix and DigitalBridge Group, and lifted price targets for the trio.
Equinix raises $15B in new capital to invest in xScale data centers to meet AI demand
Equinix has raised $15 billion in funding to expand its xScale data centers for AI, particularly for investments in the U.S.
Equinix signs $15 bln joint venture to build U.S. data center infrastructure
Data center firm Equinix is forming a joint venture with Singapore's sovereign wealth fund GIC and Canada Pension Plan Investment Board with goals to raise more than $15 billion in capital, the compan...
Equinix Agrees to Form Greater Than $15B JV to Expand Hyperscale Data Centers in the U.S. and Support Growing AI and Cloud Innovation
REDWOOD CITY, Calif. , Oct. 1, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced the signing of a joint venture (JV) agreement, subject ...
Why I Don't Invest In Data Center REITs
Data center REITs have outperformed over time. But this was mostly driven by rising valuations, not profits. Why I avoid data center REITs.
Equinix, Inc. (EQIX) CEO Adaire Fox-Martin presents at Citi's 2024 Global Technology, Media and Telecom Conference (Transcript)
Equinix, Inc. (NASDAQ:EQIX) Citi's 2024 Global Technology, Media and Telecom Conference September 4, 2024 3:00 PM ET Company Participants Adaire Fox-Martin - President and CEO Conference Call Partici...
Equinix, Inc. (EQIX) Bank of America's 2024 Media, Communications and Entertainment Conference (Transcript)
Equinix, Inc. (NASDAQ:EQIX) Bank of America's 2024 Media, Communications and Entertainment Conference September 5, 2024 5:00 PM ET Company Participants Adaire Fox-Martin - President & CEO Conference ...
Equinix Issues More Than $750 Million in Green Bonds to Drive Sustainability Initiatives
REDWOOD CITY, Calif. , Sept. 4, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that it issued more than $750 million in green bonds acr...
Nvidia gets all the attention — but these companies are quietly powering the AI gold rush
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REIT Fantasy Football: 11 Companies To Start Your Team
Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. Wit...
Data-Center Owners Get an Edge Over Big Tech Tenants, Finally
This column is part of the eighth annual Heard on the Street stock picking series.
Equinix Q2 Results: Solid Earnings But Valuation And Risks Loom Large
Equinix had a strong second quarter, beating revenue, EPS, and FFO expectations. Strategic partnerships with some of the largest firms in the world along with secular tailwinds make this company very ...
Equinix, Inc. (EQIX) TD Cowen's 10th Annual Communications Infrastructure Summit (Transcript)
Equinix, Inc. (NASDAQ:EQIX) TD Cowen's 10th Annual Communications Infrastructure Summit August 13, 2024 1:15 PM ET Company Participants Jon Lin - Executive Vice President and General Manager, Data Ce...