Scotiabank Issues Positive Forecast for Equinix (NASDAQ:EQIX) Stock Price

Equinix (NASDAQ:EQIXFree Report) had its price objective raised by Scotiabank from $959.00 to $997.00 in a report issued on Thursday, MarketBeat reports. The firm currently has a sector outperform rating on the financial services provider’s stock.

A number of other brokerages also recently weighed in on EQIX. TD Cowen restated a “buy” rating on shares of Equinix in a research note on Thursday, October 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Equinix in a report on Thursday, January 22nd. Wells Fargo & Company boosted their price objective on Equinix from $925.00 to $975.00 and gave the stock an “overweight” rating in a research report on Thursday. Wall Street Zen lowered Equinix from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. Finally, BMO Capital Markets raised shares of Equinix from a “market perform” rating to an “outperform” rating and set a $900.00 price target on the stock in a report on Wednesday, December 3rd. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Equinix presently has a consensus rating of “Moderate Buy” and an average price target of $990.55.

View Our Latest Stock Report on Equinix

Equinix Price Performance

Shares of NASDAQ:EQIX opened at $957.87 on Thursday. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 1.32. The stock has a market cap of $94.05 billion, a PE ratio of 69.66, a price-to-earnings-growth ratio of 1.35 and a beta of 1.06. The stock’s fifty day simple moving average is $788.39 and its two-hundred day simple moving average is $788.53. Equinix has a 1-year low of $701.41 and a 1-year high of $992.90.

Equinix (NASDAQ:EQIXGet Free Report) last announced its earnings results on Wednesday, February 11th. The financial services provider reported $8.91 EPS for the quarter, missing the consensus estimate of $9.07 by ($0.16). Equinix had a net margin of 14.65% and a return on equity of 9.61%. The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.46 billion. During the same quarter in the prior year, the company earned $7.92 EPS. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. As a group, analysts forecast that Equinix will post 33.1 EPS for the current fiscal year.

Equinix Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, February 25th will be paid a $5.16 dividend. The ex-dividend date is Wednesday, February 25th. This is a positive change from Equinix’s previous quarterly dividend of $4.69. This represents a $20.64 annualized dividend and a dividend yield of 2.2%. Equinix’s dividend payout ratio is 171.79%.

Insider Buying and Selling

In other Equinix news, insider Jonathan Lin sold 888 shares of the stock in a transaction on Friday, January 16th. The stock was sold at an average price of $801.78, for a total transaction of $711,980.64. Following the sale, the insider owned 9,390 shares in the company, valued at $7,528,714.20. This represents a 8.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Kurt Pletcher sold 596 shares of the firm’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $801.78, for a total value of $477,860.88. Following the completion of the transaction, the insider directly owned 3,195 shares of the company’s stock, valued at $2,561,687.10. The trade was a 15.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 19,490 shares of company stock valued at $15,281,999. Corporate insiders own 0.27% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Westside Investment Management Inc. lifted its holdings in shares of Equinix by 190.9% in the second quarter. Westside Investment Management Inc. now owns 32 shares of the financial services provider’s stock worth $25,000 after buying an additional 21 shares in the last quarter. Ameriflex Group Inc. increased its holdings in Equinix by 433.3% during the 3rd quarter. Ameriflex Group Inc. now owns 32 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 26 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in Equinix in the 2nd quarter worth approximately $26,000. Bank of Jackson Hole Trust boosted 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 during the period. Finally, Abound Wealth Management boosted its holdings in Equinix by 209.1% in the 3rd quarter. Abound Wealth Management now owns 34 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 23 shares during the period. Institutional investors own 94.94% of the company’s stock.

More Equinix News

Here are the key news stories impacting Equinix this week:

  • Positive Sentiment: Robust 2026 guidance — Equinix projected FY‑2026 revenue of $10.12B–$10.22B (above consensus) and guided FFO growth of ~10.5%, signaling accelerating AI-related demand that drove the rally. Guidance, Not Earnings, Sends Equinix Stock Higher
  • Positive Sentiment: Operational momentum — management reported record annualized gross bookings ($474M in Q4; $1.6B for 2025), MRR up year-over-year, and >500k interconnections, supporting sustained recurring revenue growth tied to AI/colocation demand. Equinix Provides Robust 2026 Outlook
  • Positive Sentiment: Analyst optimism — multiple firms raised targets/ratings after the outlook (JPMorgan to $1,100 overweight; Jefferies to $1,000 buy; Scotiabank to $997), reinforcing the bullish narrative and adding buy-side pressure. These Analysts Increase Their Forecasts On Equinix
  • Positive Sentiment: Dividend hike — board raised the quarterly dividend 10% to $5.16 (11th consecutive year of increases), which supports total-return investors and reduces downside for income-focused holders. Equinix Increases Quarterly Dividend
  • Neutral Sentiment: Short-interest / data noise — recent short-interest posts show anomalous “0 shares / NaN” values (likely reporting artefact); no clear signal of significant short pressure. (data entries)
  • Neutral Sentiment: Regulatory / tax filing update — Equinix filed updated federal tax considerations around its REIT status; likely procedural but worth monitoring for any implications. Equinix Updates Federal Tax Considerations for REIT Status
  • Negative Sentiment: Q4 miss on AFFO and revenue — Q4 FFO/FFO‑per‑share came in at $8.91 vs. consensus $9.07 and revenue was $2.42B vs. $2.46B estimate; expenses rose. The beat‑down risk was limited because guidance was stronger than the misses. Equinix Q4 AFFO & Revenues Miss Estimates
  • Negative Sentiment: Shareholder litigation outreach — Halper Sadeh LLC encouraged shareholders to contact the firm about potential claims, which could presage litigation risk (monitor developments). Halper Sadeh LLC Encourages Equinix Shareholders to Contact the Firm

About Equinix

(Get Free Report)

Equinix, Inc is a global provider of digital infrastructure and interconnection services, specializing in carrier-neutral data centers and colocation. The company operates a platform that enables enterprises, cloud and network service providers, and content companies to colocate IT infrastructure, interconnect directly with partners and providers, and access cloud on-ramps and network services in a secure, low-latency environment.

Equinix’s offerings include traditional colocation space and power, cross-connects and meet-me rooms, and a suite of connectivity and on-demand services designed for hybrid multicloud architectures.

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Analyst Recommendations for Equinix (NASDAQ:EQIX)

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