Equinix (NASDAQ:EQIX) Stock Rating Upgraded by Wall Street Zen

Equinix (NASDAQ:EQIX) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday.

Other equities analysts have also issued research reports about the company. Cfra Research lowered Equinix from a “moderate buy” rating to a “hold” rating in a report on Thursday, July 31st. BMO Capital Markets downgraded Equinix from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $1,045.00 to $850.00 in a research note on Thursday, June 26th. JPMorgan Chase & Co. boosted their price objective on Equinix from $935.00 to $940.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Wells Fargo & Company decreased their price objective on Equinix from $1,065.00 to $925.00 and set an “overweight” rating for the company in a report on Thursday, June 26th. Finally, UBS Group cut their target price on shares of Equinix from $1,035.00 to $950.00 and set a “buy” rating on the stock in a report on Friday, July 11th. Four equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Equinix currently has an average rating of “Moderate Buy” and an average price target of $960.65.

Equinix Stock Up 0.8%

EQIX stock opened at $778.74 on Friday. The stock has a market cap of $76.21 billion, a P/E ratio of 76.27, a PEG ratio of 1.39 and a beta of 0.92. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29. Equinix has a twelve month low of $701.41 and a twelve month high of $994.03. The company’s 50 day moving average is $782.18 and its two-hundred day moving average is $814.20.

Equinix (NASDAQ:EQIX) last posted its earnings results on Wednesday, July 30th. The financial services provider reported $9.91 EPS for the quarter, beating analysts’ consensus estimates of $3.49 by $6.42. Equinix had a net margin of 11.11% and a return on equity of 7.22%. The firm had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period last year, the firm posted $9.22 EPS. The company’s revenue was up 4.5% on a year-over-year basis. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. Research analysts expect that Equinix will post 33.1 earnings per share for the current fiscal year.

Insider Buying and Selling at Equinix

In other news, Director Christopher B. Paisley sold 75 shares of Equinix stock in a transaction on Monday, August 18th. The stock was sold at an average price of $781.50, for a total transaction of $58,612.50. Following the completion of the transaction, the director owned 17,832 shares of the company’s stock, valued at $13,935,708. The trade was a 0.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Raouf Abdel sold 404 shares of the stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $771.11, for a total transaction of $311,528.44. Following the completion of the sale, the executive vice president directly owned 6,378 shares in the company, valued at approximately $4,918,139.58. The trade was a 5.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.27% of the company’s stock.

Institutional Investors Weigh In On Equinix

Large investors have recently bought and sold shares of the stock. Activest Wealth Management raised its holdings in shares of Equinix by 121.4% in the first quarter. Activest Wealth Management now owns 31 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 17 shares during the last quarter. Westside Investment Management Inc. increased its position in Equinix by 190.9% during the 2nd quarter. Westside Investment Management Inc. now owns 32 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 21 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in Equinix in the 2nd quarter valued at about $26,000. Bank of Jackson Hole Trust lifted its holdings in Equinix by 70.0% in the 2nd quarter. Bank of Jackson Hole Trust now owns 34 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 14 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of Equinix during the 2nd quarter worth about $28,000. Institutional investors and hedge funds own 94.94% 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.