Equinix, Inc. (EQIX)
NASDAQ: EQIX · Real-Time Price · USD
927.22
+5.65 (0.61%)
Dec 20, 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 958.71, with a low estimate of 669 and a high estimate of 1,100. The average target predicts an increase of 3.40% from the current stock price of 927.22.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Equinix stock from 19 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 6 | 6 | 6 |
| Buy | 5 | 5 | 5 | 8 | 8 | 8 |
| Hold | 6 | 6 | 7 | 6 | 6 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 16 | 17 | 20 | 20 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $936 → $1,025 | Buy | Maintains | $936 → $1,025 | +10.55% | Dec 11, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $985 → $1,100 | Buy | Maintains | $985 → $1,100 | +18.63% | Dec 10, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $935 → $1,090 | Strong Buy | Maintains | $935 → $1,090 | +17.56% | Nov 29, 2024 |
| Stifel | Stifel | Strong Buy Maintains $995 → $1,080 | Strong Buy | Maintains | $995 → $1,080 | +16.48% | Nov 20, 2024 |
| Barclays | Barclays | Hold Maintains $810 → $822 | Hold | Maintains | $810 → $822 | -11.35% | Nov 18, 2024 |
Financial Forecast
Revenue This Year
8.94B
Revenue Next Year
9.69B
from 8.94B
Increased by 8.40%
EPS This Year
11.64
from 10.31
Increased by 12.90%
EPS Next Year
13.58
from 11.64
Increased by 16.65%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 14.0% | 18.1% | |||
| Avg | - | 8.4% | 9.0% | |||
| Low | - | 2.0% | 1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 12.41 | 20.24 | 22.86 | |||
| Avg | 11.64 | 13.58 | 16.08 | |||
| Low | 10.70 | 10.05 | 12.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 20.4% | 73.9% | 68.4% | |||
| Avg | 12.9% | 16.7% | 18.4% | |||
| Low | 3.8% | -13.6% | -9.4% |
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.