Equinix, Inc. (EQIX)

NASDAQ: EQIX · IEX Real-Time Price · USD
818.25
-4.08 (-0.50%)
Dec 5, 2023, 10:51 AM EST - Market open
-0.50%
Market Cap 77.20B
Revenue (ttm) 7.95B
Net Income (ttm) 870.37M
Shares Out 93.88M
EPS (ttm) 9.29
PE Ratio 88.05
Forward PE 80.11
Dividend $17.04 (2.08%)
Ex-Dividend Date Nov 14, 2023
Volume 49,400
Open 820.00
Previous Close 822.33
Day's Range 814.56 - 820.00
52-Week Range 640.92 - 824.86
Beta 0.64
Analysts Buy
Price Target 813.00 (-0.64%)
Earnings Date Oct 25, 2023

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 12,097
Stock Exchange NASDAQ
Ticker Symbol EQIX
Full Company Profile

Financial Performance

In 2022, Equinix's revenue was $7.26 billion, an increase of 9.46% compared to the previous year's $6.64 billion. Earnings were $704.35 million, an increase of 40.82%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for EQIX stock is "Buy." The 12-month stock price forecast is $813.0, which is a decrease of -0.64% from the latest price.

Price Target
$813.0
(-0.64% downside)
Analyst Consensus: Buy
Stock Forecasts

News

MEDIA ALERT: Equinix to Speak at Upcoming Investor Conferences

REDWOOD CITY, Calif. , Nov. 27, 2023 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that its executives will attend three upcoming investor ...

8 days ago - PRNewsWire

2 Stocks That Could Benefit From Generative AI's Energy Demand Growth

One analyst sees data center operators as winners.

Other symbols: VRT
24 days ago - Forbes

Equinix And Vertiv Stock Prices Could Rise On Generative AI's Energy Use

Datacenter energy usage has increased at astonishing rates.

26 days ago - Forbes

iQor to Speak at Equinix Digital Leaders Live Event

FT. LAUDERDALE, Fla.--(BUSINESS WIRE)-- #AI--iQor to Speak at Equinix Digital Leaders Live Event; Vice President of Platforms and Cloud to Share Insights on the Digital Transformation Journey.

27 days ago - Business Wire

Equinix Named a Leader in 2023 IDC MarketScape Report for Worldwide Datacenter Services

REDWOOD CITY, Calif. , Nov. 1, 2023 /PRNewswire/ -- On the heels of its 25th anniversary, Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, has been recognized as a Leader in ...

4 weeks ago - PRNewsWire

Equinix Increases Quarterly Dividend on Its Common Stock by 25 Percent

REDWOOD CITY, Calif. , Oct. 25, 2023 /PRNewswire/ --  Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that its board of directors approved a 25% increase in ...

5 weeks ago - PRNewsWire

Equinix Reports Third-Quarter 2023 Results

REDWOOD CITY, Calif. , Oct. 25, 2023 /PRNewswire/ -- Quarterly revenues increased 12% over the same quarter last year to $2.1 billion, or 14% on a normalized and constant currency basis Closed 4,200 d...

5 weeks ago - PRNewsWire

MEDIA ALERT: Equinix Sets Conference Call for Third-Quarter Results

REDWOOD CITY, Calif. , Oct. 2, 2023 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that it will hold its quarterly conference call on Wednes...

2 months ago - PRNewsWire

MEDIA ALERT: Equinix to Speak at Upcoming Investor Conference

REDWOOD CITY, Calif. , Sept. 8, 2023 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that Justin Dustzadeh, Chief Technology Officer, will pr...

3 months ago - PRNewsWire

Equinix Appoints Adam Berlew as Chief Marketing Officer

REDWOOD CITY, Calif. , Sept. 6, 2023 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced the appointment of Adam Berlew as Chief Marketing Office...

3 months ago - PRNewsWire

5 Best Stocks to Buy in a Bear Market

In the ever-fluctuating stock market landscape, navigating bear markets can be a nerve-wracking experience for even the most seasoned investors. When stock prices plunge and economic clouds gather, it...

Other symbols: ABBVJNJTMUSWMT
4 months ago - MarketBeat

Equinix Expands Footprint in Mumbai to Address Rising Demand for Digital Infrastructure

The company's fourth facility in India to support enterprises' digital transformation and the country's digital economy MUMBAI, India, and REDWOOD CITY, Calif. , Aug. 10, 2023 /PRNewswire/ -- To suppo...

4 months ago - PRNewsWire

MEDIA ALERT: Equinix to Speak at Upcoming Cowen Communications Infrastructure Summit

REDWOOD CITY, Calif. , Aug. 4, 2023 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that Jim Poole, Vice President, Business Development, wil...

4 months ago - PRNewsWire

Equinix Declares Quarterly Dividend on Its Common Stock

REDWOOD CITY, Calif. , Aug. 2, 2023 /PRNewswire/ --  Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that its board of directors has declared a quarterly cas...

4 months ago - PRNewsWire

Equinix Reports Second-Quarter 2023 Results

REDWOOD CITY, Calif. , Aug. 2, 2023 /PRNewswire/ -- Quarterly revenues increased 11% over the same quarter last year, to $2.0 billion, or 14% on a normalized and constant currency basis Solid gross an...

4 months ago - PRNewsWire

MEDIA ALERT: Equinix Sets Conference Call for Second-Quarter Results

REDWOOD CITY, Calif , July 10, 2023 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that it will hold its quarterly conference call on Wednes...

5 months ago - PRNewsWire

A.I. is another wave of digital transformation, says Equinix CEO Charles Meyers

Charles Meyers, Equinix CEO and president, joins 'Squawk on the Street' to discuss the appetite for use cases with A.I., where Equinix fits into the digital infrastructure landscape, and more.

5 months ago - CNBC Television

Equinix Announces Faster Virtual Connections to the Cloud; Partners with Google Cloud to Support Workloads Including Artificial Intelligence and Machine Learning

REDWOOD CITY, Calif. , June 19, 2023 /PRNewswire/ -- Equinix, Inc.  (Nasdaq: EQIX), the world's digital infrastructure company®, today announced significant enhancements to Equinix Fabric®, featuring ...

6 months ago - PRNewsWire

Over 40% of IT Leaders Doubt Their Digital Infrastructure Is Prepared to Accommodate Coveted AI Technology

REDWOOD CITY, Calif. , June 14, 2023  /PRNewswire/ -- More than four in 10 IT leaders surveyed globally (42%) believe their existing IT infrastructure is not fully prepared for the demands of artifici...

6 months ago - PRNewsWire

Equinix to Expand Digital Infrastructure Platform in Malaysia to Kuala Lumpur

An additional investment of more than $100 million to help businesses capitalize on the country's digital transformation and economic growth REDWOOD CITY, Calif. , June 11, 2023 /PRNewswire/ -- As Mal...

6 months ago - PRNewsWire

MEDIA ALERT: Equinix to Host Analyst Day on June 21, 2023

REDWOOD CITY, Calif. , June 7, 2023 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that its 2023 Analyst Day will be held on Wednesday, June...

6 months ago - PRNewsWire

MEDIA ALERT: Equinix to Speak at Upcoming Nareit REITweek Conference

REDWOOD CITY, Calif. , May 30, 2023 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that Simon Miller, Chief Accounting Officer, will present...

6 months ago - PRNewsWire

Equinix Reports First-Quarter 2023 Results

REDWOOD CITY, Calif. , May 3, 2023 /PRNewswire/ -- Quarterly revenues increased 15% over the same quarter last year to $2.0 billion, or 16% on a normalized and constant currency basis Closed approxima...

7 months ago - PRNewsWire

Equinix Delivers Significant Progress on its Environmental, Social and Governance Goals

REDWOOD CITY, Calif. , May 1, 2023 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company™, has released its 2022 Sustainability Report which outlines progress toward...

7 months ago - PRNewsWire