Equinix, Inc. (NASDAQ:EQIX – Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $1,005.57 and traded as high as $1,011.65. Equinix shares last traded at $1,007.66, with a volume of 693,737 shares trading hands.
Equinix News Roundup
Here are the key news stories impacting Equinix this week:
- Positive Sentiment: Equinix reported third-quarter 2026 FFO of $11.64 per share, well above the $10.51 consensus estimate and up from $9.83 a year earlier. Record bookings, strong pricing and robust demand supported revenue growth. Equinix Surpasses Q3 FFO and Revenue Estimates
- Positive Sentiment: Management raised its 2026 outlook for the third consecutive quarter, now projecting EPS of $43.71–$44.11 versus a $38.23 consensus estimate and revenue of $10.3–$10.4 billion. Fourth-quarter revenue guidance of $2.7 billion also exceeded the $2.6 billion consensus. Equinix Q3 AFFO, Revenue Rise; Issues Q4 Guidance; Lifts 2026 Outlook
- Positive Sentiment: Analysts raised their targets following the results: JPMorgan to $1,350 with an Overweight rating, Citigroup to $1,320 with a Buy rating, and TD Cowen to $1,210 with a Buy rating. Bernstein maintained its Buy rating and $1,270 target, while Cantor Fitzgerald reaffirmed Overweight.
- Positive Sentiment: Equinix declared a quarterly dividend of $5.16 per share, or $20.64 annualized, representing an approximately 2% yield for income-oriented investors.
- Neutral Sentiment: Barclays maintained a Hold rating, providing a more cautious counterpoint to the recent target increases. Equinix’s elevated valuation—about 61 times earnings—may also limit near-term upside even as fundamentals improve. Barclays Sticks to Its Hold Rating for Equinix
Wall Street Analyst Weigh In
Several research firms recently weighed in on EQIX. Royal Bank Of Canada upped their price objective on shares of Equinix from $1,125.00 to $1,225.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Canadian Imperial Bank of Commerce began coverage on shares of Equinix in a research note on Tuesday, October 20th. They set an “outperform” rating and a $1,200.00 target price on the stock. BTIG Research raised their target price on shares of Equinix from $1,210.00 to $1,240.00 and gave the company a “buy” rating in a research note on Thursday, September 10th. Evercore restated an “outperform” rating and set a $1,270.00 price target (up from $1,240.00) on shares of Equinix in a research report on Tuesday, August 18th. Finally, BNP Paribas Exane reduced their price target on shares of Equinix from $1,222.00 to $1,219.00 and set an “outperform” rating for the company in a research note on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,226.97.
Get Our Latest Stock Analysis on Equinix
Equinix Trading Down 2.2%
The company has a debt-to-equity ratio of 1.59, a current ratio of 1.29 and a quick ratio of 1.13. The business has a fifty day moving average of $1,022.27 and a 200-day moving average of $1,007.90. The stock has a market capitalization of $100.02 billion, a price-to-earnings ratio of 24.04, a price-to-earnings-growth ratio of 1.48 and a beta of 0.98.
Equinix (NASDAQ:EQIX – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The financial services provider reported $4.93 earnings per share for the quarter, beating analysts’ consensus estimates of $4.11 by $0.82. The company had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.56 billion. Equinix had a net margin of 16.38% and a return on equity of 11.49%. Equinix’s revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the company earned $9.83 EPS. On average, equities analysts anticipate that Equinix, Inc. will post 38.23 earnings per share for the current fiscal year.
Equinix Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, November 18th will be issued a $5.16 dividend. This represents a $20.64 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Wednesday, November 18th. Equinix’s payout ratio is presently 132.90%.
Insider Transactions at Equinix
In related news, insider Kurt Pletcher sold 135 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $1,075.50, for a total value of $145,192.50. Following the completion of the transaction, the insider owned 4,077 shares in the company, valued at $4,384,813.50. This trade represents a 3.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Christopher B. Paisley sold 125 shares of Equinix stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $1,103.58, for a total value of $137,947.50. Following the completion of the transaction, the director directly owned 13,734 shares in the company, valued at $15,156,567.72. This represents a 0.90% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 4,770 shares of company stock valued at $4,884,197 over the last three months. Company insiders own 0.27% of the company’s stock.
Institutional Trading of Equinix
Hedge funds have recently bought and sold shares of the company. SJS Investment Consulting Inc. boosted its stake in Equinix by 27.3% during the 1st quarter. SJS Investment Consulting Inc. now owns 42 shares of the financial services provider’s stock valued at $41,000 after purchasing an additional 9 shares during the period. Fulton Bank N.A. increased its position in Equinix by 3.1% in the 2nd quarter. Fulton Bank N.A. now owns 328 shares of the financial services provider’s stock worth $342,000 after buying an additional 10 shares during the period. Avion Wealth lifted its holdings in shares of Equinix by 73.3% during the first quarter. Avion Wealth now owns 26 shares of the financial services provider’s stock worth $25,000 after buying an additional 11 shares during the last quarter. High Net Worth Advisory Group LLC raised its stake in Equinix by 5.3% during the 2nd quarter. High Net Worth Advisory Group LLC now owns 219 shares of the financial services provider’s stock valued at $229,000 after purchasing an additional 11 shares during the last quarter. Finally, Angeles Wealth Management LLC boosted its holdings in Equinix by 3.7% in the 2nd quarter. Angeles Wealth Management LLC now owns 310 shares of the financial services provider’s stock valued at $323,000 after purchasing an additional 11 shares during the period. 94.94% of the stock is owned by hedge funds and other institutional investors.
Equinix Company Profile
Equinix, Inc is a global digital infrastructure company that operates data centers where businesses, cloud providers, telecommunications carriers and other organizations can securely house and connect their information technology systems. Its International Business Exchange (IBX) data centers provide colocation services, allowing customers to place equipment in highly connected facilities without building and operating their own sites.
The company also provides interconnection and networking services, including Equinix Fabric, which enables customers to establish virtual connections among data centers, cloud platforms, networks and business partners.
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