Equinix (NASDAQ:EQIX) Updates FY 2025 Earnings Guidance

Equinix (NASDAQ:EQIX) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 36.690-37.510 for the period, compared to the consensus earnings per share estimate of 38.080. The company issued revenue guidance of $9.0 billion-$9.1 billion, compared to the consensus revenue estimate of $9.5 billion. Equinix also updated its Q1 2025 guidance to EPS.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Moffett Nathanson upgraded shares of Equinix from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 5th. Evercore ISI raised their price target on shares of Equinix from $945.00 to $975.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. TD Cowen upped their price objective on shares of Equinix from $865.00 to $984.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Truist Financial raised their target price on Equinix from $935.00 to $1,090.00 and gave the stock a “buy” rating in a research note on Friday, November 29th. Finally, Scotiabank upped their price target on Equinix from $985.00 to $1,114.00 and gave the company a “sector outperform” rating in a research report on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $996.06.

Equinix Stock Down 0.9 %

Shares of Equinix stock traded down $8.44 during trading on Wednesday, hitting $935.20. The company’s stock had a trading volume of 518,355 shares, compared to its average volume of 491,348. Equinix has a 52 week low of $684.14 and a 52 week high of $994.03. The company has a market capitalization of $90.24 billion, a PE ratio of 84.33, a P/E/G ratio of 2.23 and a beta of 0.72. The company has a fifty day simple moving average of $937.53 and a two-hundred day simple moving average of $894.48. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.16 and a current ratio of 1.16.

Equinix (NASDAQ:EQIX) last announced its earnings results on Wednesday, February 12th. The financial services provider reported $7.92 earnings per share for the quarter, beating analysts’ consensus estimates of $2.75 by $5.17. Equinix had a net margin of 12.29% and a return on equity of 8.34%. Equities research analysts predict that Equinix will post 31.09 earnings per share for the current year.

Equinix Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, February 26th will be issued a $4.69 dividend. This represents a $18.76 annualized dividend and a yield of 2.01%. This is an increase from Equinix’s previous quarterly dividend of $4.26. Equinix’s payout ratio is 153.65%.

Insider Transactions at Equinix

In related news, CEO Adaire Fox-Martin sold 1,370 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $909.51, for a total transaction of $1,246,028.70. Following the sale, the chief executive officer now directly owns 4,329 shares of the company’s stock, valued at $3,937,268.79. This trade represents a 24.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Raouf Abdel sold 1,331 shares of the business’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $903.71, for a total value of $1,202,838.01. Following the completion of the transaction, the executive vice president now directly owns 6,579 shares of the company’s stock, valued at approximately $5,945,508.09. This trade represents a 16.83 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 16,801 shares of company stock valued at $15,530,564. Insiders own 0.27% of the company’s stock.

About Equinix

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.