Equinix, Inc. (EQIX)

NASDAQ: EQIX · Real-Time Price · USD
927.22
+5.65 (0.61%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.61%
Market Cap 89.47B
Revenue (ttm) 8.15B
Net Income (ttm) 1.06B
Shares Out 96.49M
EPS (ttm) 11.09
PE Ratio 83.58
Forward PE 74.10
Dividend $17.04 (1.84%)
Ex-Dividend Date Nov 13, 2024
Volume 1,417,396
Open 922.62
Previous Close 921.57
Day's Range 919.29 - 936.47
52-Week Range 684.14 - 994.03
Beta 0.71
Analysts Buy
Price Target 958.71 (+3.4%)
Earnings Date Feb 12, 2025

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]

Sector Real Estate
IPO Date Aug 11, 2000
Employees 13,151
Stock Exchange NASDAQ
Ticker Symbol EQIX
Full Company Profile

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 Statements

Analyst Forecast

According to 19 analysts, the average rating for EQIX stock is "Buy." The 12-month stock price forecast is $958.71, which is an increase of 3.40% from the latest price.

Price Target
$958.71
(3.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Equinix Collaborates with Dell Technologies to Help Enterprises Deploy Flexible and Scalable AI Infrastructure

REDWOOD CITY, Calif. , Dec. 19, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, announced today a private AI solution that lets businesses train AI mode...

2 days ago - PRNewsWire

Bronstein, Gewirtz & Grossman, LLC Encourages Equinix, Inc. (EQIX) Investors to Inquire about Securities Investigation

NEW YORK, NY / ACCESSWIRE / December 18, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Equinix, Inc. ("Equinix" or "the Company") (NASDAQ:EQIX)...

2 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Equinix, Inc. (EQIX) And Encourages Investors to Reach Out

NEW YORK, NY / ACCESSWIRE / December 15, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Equinix, Inc. ("Equinix" or "the Company") (NASDAQ:EQIX)...

5 days ago - Accesswire

Equinix, Inc. (EQIX) Barclays 22nd Annual Global Technology Conference (Transcript)

Equinix, Inc. (NASDAQ:EQIX) Barclays 22nd Annual Global Technology Conference Call December 11, 2024 7:15 PM ET Company Participants Arun Dev - Global Leader of Digital Interconnection Services Katie...

9 days ago - Seeking Alpha

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Equinix, Inc. (EQIX) And Encourages Stockholders to Reach Out

NEW YORK, NY / ACCESSWIRE / December 11, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Equinix, Inc. ("Equinix" or "the Company") (NASDAQ:EQIX)...

9 days ago - Accesswire

At-The-Market Issuance By U.S. REITs Hits All-Time Quarterly High In Q3 2024

Total proceeds raised by US equity real estate investment trusts through at-the-market offering programs rocketed to an all-time high in the third quarter. US REITs raised an aggregate of $7.21 billio...

14 days ago - Seeking Alpha

Property Type Round-Up From REITworld 2024

REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior h...

Other symbols: AHRAMHAMTAVBBRXBXBXP
17 days ago - Seeking Alpha

12 REITs Poised For Potential Outperformance

As REIT prices rise, high-yield opportunities dwindle, making this a good time to focus on dividend growth for better long-term returns. Dividend growth stocks, despite lower initial yields, can surpa...

Other symbols: ALEXAMHEGPFRIIPRIRTMAA
18 days ago - Seeking Alpha

The State Of REITs: November 2024 Edition

The REIT sector snapped a 5-month winning streak with a -3.42% average total return in October. Micro cap (-2.04%) and mid-cap (-2.30%) REITs averaged modest declines in October, while large caps (-3....

25 days ago - Seeking Alpha

Equinix Continues to Expand Sustainability Initiatives with Additional €1.15 Billion in Green Bonds

REDWOOD CITY, Calif. , Nov. 25, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that it has issued an additional €1.15 billion in green ...

26 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

Why REITs Will Pummel Stocks In 2025

REITs have strongly outperformed the S&P 500 in the recent past. I expect this strong outperformance to continue. There are two reasons for this.

Other symbols: CCICPTEGPMAAOPLDPLYM
5 weeks ago - Seeking Alpha

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...

7 weeks ago - GlobeNewsWire

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.

7 weeks ago - CNBC Television

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 - ...

7 weeks ago - Seeking Alpha

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.

7 weeks ago - Reuters

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...

7 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

Equinix: Selling Shovels In A Gold Rush

Equinix, a leading data center REIT, shows consistent growth and strong fundamentals. Our unique methodology provides a powerful strategy for identifying favorable risk-reward setups in stocks like EQ...

7 weeks ago - Seeking Alpha

These REITs Trade At Premiums, But Should They?

REIT sectors are often mispriced due to broad-brush analysis; individual property types react differently to economic news, creating investment opportunities. Industrial REITs face weakened fundamenta...

2 months ago - Seeking Alpha

Equinix: Buy This Golden Apple On The Data Center Tree

In a world where diversification is preached, REITs offer a unique take. Instead of a basket of many REITs, hand-picking particular REITs from each sector is optimal. Equinix is an ideal buy due to it...

2 months ago - Seeking Alpha

Dividend Increases: 5 Potential Payout Hikes For Q4 2024

Let's talk about companies that are serious about dividend hikes. I'm talking about recent payout raises of 25%, 67% and even 120%.

Other symbols: DEFCNCAGGGHST
2 months ago - Forbes

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.

Other symbols: DBRGDLR
2 months ago - Barrons

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.

2 months ago - VentureBeat

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...

2 months ago - Reuters