Equinix, Inc. (EQIX)
NASDAQ: EQIX · Real-Time Price · USD
888.30
-19.78 (-2.18%)
Nov 1, 2024, 4:00 PM EDT - Market closed
Equinix Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Equinix stock have an average target of 928.41, with a low estimate of 669 and a high estimate of 1,020. The average target predicts an increase of 4.52% from the current stock price of 888.30.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Equinix stock from 20 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 5 | 5 | 6 |
| Buy | 3 | 3 | 5 | 5 | 5 | 8 |
| Hold | 8 | 8 | 6 | 6 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 17 | 16 | 17 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $954 → $985 | Buy | Maintains | $954 → $985 | +10.89% | Oct 31, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $865 → $984 | Strong Buy | Maintains | $865 → $984 | +10.77% | Oct 31, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $975 → $1,020 | Buy | Maintains | $975 → $1,020 | +14.83% | Oct 31, 2024 |
| Barclays | Barclays | Hold Maintains $671 → $810 | Hold | Maintains | $671 → $810 | -8.81% | Oct 28, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $945 → $975 | Buy | Maintains | $945 → $975 | +9.76% | Oct 23, 2024 |
Financial Forecast
Revenue This Year
8.92B
Revenue Next Year
9.69B
from 8.92B
Increased by 8.56%
EPS This Year
11.55
from 10.31
Increased by 12.02%
EPS Next Year
12.95
from 11.55
Increased by 12.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.3B | 10.3B | 11.2B | ||
| Avg | 8.9B | 9.7B | 10.5B | ||
| Low | 8.5B | 9.1B | 9.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 15.0% | 15.9% | ||
| Avg | - | 8.6% | 8.8% | ||
| Low | - | 1.7% | 1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.84 | 17.34 | 20.36 | ||
| Avg | 11.55 | 12.95 | 14.87 | ||
| Low | 10.28 | 10.09 | 9.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.6% | 50.1% | 57.3% | ||
| Avg | 12.0% | 12.1% | 14.9% | ||
| Low | -0.3% | -12.6% | -29.9% |
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.