Equinix, Inc. (EQIX)
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]
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 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.
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...
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)...
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)...
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...
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)...
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...
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...
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...
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....
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 ...
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
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...
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...
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...
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%.
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...