Several analysts have recently updated their ratings and price targets for Equinix (NASDAQ: EQIX):
- 3/3/2025 – Equinix had its price target raised by analysts at Scotiabank from $1,033.00 to $1,040.00. They now have a “sector outperform” rating on the stock.
- 2/13/2025 – Equinix had its price target lowered by analysts at Scotiabank from $1,114.00 to $1,033.00. They now have a “sector outperform” rating on the stock.
- 2/13/2025 – Equinix had its price target lowered by analysts at Wells Fargo & Company from $1,075.00 to $1,065.00. They now have an “overweight” rating on the stock.
- 2/13/2025 – Equinix had its price target lowered by analysts at BMO Capital Markets from $1,085.00 to $1,065.00. They now have an “outperform” rating on the stock.
- 2/13/2025 – Equinix had its price target raised by analysts at Oppenheimer Holdings Inc. from $950.00 to $975.00. They now have an “outperform” rating on the stock.
- 2/13/2025 – Equinix had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $1,200.00 price target on the stock.
- 2/6/2025 – Equinix had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $1,200.00 price target on the stock.
- 2/5/2025 – Equinix was upgraded by analysts at Moffett Nathanson from a “hold” rating to a “strong-buy” rating.
- 2/4/2025 – Equinix had its price target lowered by analysts at Wells Fargo & Company from $1,100.00 to $1,075.00. They now have an “overweight” rating on the stock.
- 1/27/2025 – Equinix was upgraded by analysts at Citizens Jmp to a “strong-buy” rating.
- 1/27/2025 – Equinix is now covered by analysts at JMP Securities. They set an “outperform” rating and a $1,200.00 price target on the stock.
- 1/23/2025 – Equinix had its price target raised by analysts at Scotiabank from $985.00 to $1,114.00. They now have a “sector outperform” rating on the stock.
Equinix Trading Down 0.1 %
Shares of NASDAQ:EQIX opened at $910.04 on Wednesday. The company has a market cap of $88.58 billion, a P/E ratio of 106.44, a PEG ratio of 1.78 and a beta of 0.72. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.63 and a quick ratio of 1.63. Equinix, Inc. has a 1 year low of $684.14 and a 1 year high of $994.03. The stock’s fifty day moving average price is $926.82 and its 200-day moving average price is $906.82.
Equinix (NASDAQ:EQIX – Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The financial services provider reported $7.92 EPS for the quarter, beating analysts’ consensus estimates of $2.75 by $5.17. Equinix had a return on equity of 6.31% and a net margin of 9.32%. Sell-side analysts expect that Equinix, Inc. will post 33.1 earnings per share for the current year.
Equinix Increases Dividend
Insiders Place Their Bets
In other Equinix news, CEO Adaire Fox-Martin sold 1,370 shares of the company’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $909.51, for a total value of $1,246,028.70. Following the completion of the sale, the chief executive officer now owns 4,329 shares in the company, valued at $3,937,268.79. This represents a 24.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Brandi Galvin Morandi sold 684 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $940.51, for a total value of $643,308.84. Following the completion of the sale, the insider now owns 8,377 shares of the company’s stock, valued at approximately $7,878,652.27. The trade was a 7.55 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 19,054 shares of company stock worth $17,466,950 over the last quarter. 0.27% of the stock is currently owned by corporate insiders.
Institutional Trading of Equinix
Several institutional investors have recently made changes to their positions in the business. Phocas Financial Corp. purchased a new stake in shares of Equinix during the fourth quarter worth about $565,000. Comprehensive Money Management Services LLC purchased a new stake in shares of Equinix during the fourth quarter worth about $233,000. Siemens Fonds Invest GmbH grew its position in shares of Equinix by 3.8% during the fourth quarter. Siemens Fonds Invest GmbH now owns 3,318 shares of the financial services provider’s stock worth $3,105,000 after purchasing an additional 121 shares in the last quarter. Park Square Financial Group LLC purchased a new stake in shares of Equinix during the fourth quarter worth about $49,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Equinix during the fourth quarter worth about $205,641,000. Hedge funds and other institutional investors own 94.94% of the company’s stock.
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.
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