Equinix (NASDAQ:EQIX) Upgraded at Zacks Research

Zacks Research upgraded shares of Equinix (NASDAQ:EQIX) from a hold rating to a strong-buy rating in a research report sent to investors on Thursday,Zacks.com reports.

Several other equities analysts also recently issued reports on the stock. Jefferies Financial Group lifted their price target on shares of Equinix from $950.00 to $1,000.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft set a $915.00 price target on shares of Equinix in a report on Tuesday, January 6th. Wall Street Zen downgraded shares of Equinix from a “hold” rating to a “sell” rating in a report on Saturday. Cantor Fitzgerald began coverage on shares of Equinix in a report on Thursday. They set an “overweight” rating and a $1,173.00 price target for the company. Finally, Stifel Nicolaus set a $1,075.00 price target on shares of Equinix in a report on Thursday, February 12th. Five analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,025.96.

Equinix Price Performance

Shares of Equinix stock opened at $1,030.24 on Thursday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.32 and a current ratio of 1.32. The firm’s 50-day simple moving average is $947.49 and its 200-day simple moving average is $842.36. Equinix has a twelve month low of $710.52 and a twelve month high of $1,039.90. The firm has a market cap of $101.60 billion, a P/E ratio of 74.93, a price-to-earnings-growth ratio of 2.63 and a beta of 1.01.

Equinix (NASDAQ:EQIX) last issued its earnings results on Wednesday, February 11th. The financial services provider reported $8.91 earnings per share 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 9.60%. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same quarter last year, the firm posted $7.92 earnings per share. Equinix’s revenue was up 7.0% on a year-over-year basis. As a group, research analysts expect that Equinix will post 33.1 EPS for the current fiscal year.

Equinix Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, February 25th were paid a $5.16 dividend. This is a boost from Equinix’s previous quarterly dividend of $4.69. This represents a $20.64 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Wednesday, February 25th. Equinix’s payout ratio is presently 150.11%.

Insider Buying and Selling

In other Equinix news, EVP Raouf Abdel sold 927 shares of the business’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $801.78, for a total value of $743,250.06. Following the completion of the transaction, the executive vice president directly owned 7,337 shares of the company’s stock, valued at approximately $5,882,659.86. The trade was a 11.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman Charles J. Meyers sold 2,716 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $965.15, for a total transaction of $2,621,347.40. Following the completion of the transaction, the chairman directly owned 12,594 shares of the company’s stock, valued at approximately $12,155,099.10. This represents a 17.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 17,266 shares of company stock valued at $14,927,320. Insiders own 0.27% of the company’s stock.

Hedge Funds Weigh In On Equinix

Institutional investors have recently modified their holdings of the stock. Purpose Unlimited Inc. bought a new stake in shares of Equinix during the fourth quarter worth approximately $588,000. Hsbc Holdings PLC raised its stake in shares of Equinix by 6.0% during the fourth quarter. Hsbc Holdings PLC now owns 444,635 shares of the financial services provider’s stock worth $340,795,000 after buying an additional 25,259 shares during the last quarter. Stance Capital LLC bought a new stake in shares of Equinix during the fourth quarter worth approximately $1,415,000. Rockefeller Capital Management L.P. raised its stake in shares of Equinix by 37.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 112,474 shares of the financial services provider’s stock worth $86,174,000 after buying an additional 30,572 shares during the last quarter. Finally, World Investment Advisors raised its stake in shares of Equinix by 31.8% during the fourth quarter. World Investment Advisors now owns 842 shares of the financial services provider’s stock worth $645,000 after buying an additional 203 shares during the last quarter. 94.94% of the stock is owned by institutional investors.

More Equinix News

Here are the key news stories impacting Equinix this week:

• Positive Sentiment: Cantor Fitzgerald initiated coverage with an “overweight” rating and a $1,173 price target, signaling meaningful upside and supporting demand from growth/momentum investors. Cantor Fitzgerald Initiates Coverage
• Positive Sentiment: Zacks published two favorable pieces — naming EQIX a momentum pick and moving the stock to a Zacks Rank #1 (Strong Buy) — which can attract short-term buyers and momentum flows. Are You Looking for a Top Momentum Pick? Equinix Moves to Strong Buy
• Positive Sentiment: Market write-ups and dividend news (recent quarterly dividend increase) keep income-focused and REIT investors engaged, supporting the stock’s resilience vs. broader REIT group. Guidance, Not Earnings, Sends Equinix Stock Higher
• Neutral Sentiment: Insider sale disclosed: an executive sold 424 shares under a pre-arranged Rule 10b5‑1 plan (disclosed to the SEC). Pre-arranged plans limit governance concern but are viewed neutrally. Insider Sale Filing
• Neutral Sentiment: Analyst previews expect a marginal FFO dip in the upcoming quarter — this tempers upside but sets a modest benchmark that could limit downside if results meet expectations. What to Expect From Q1
• Neutral Sentiment: Reported short-interest data is effectively zero/invalid for April, so there’s no clear short-covering pressure in play based on the latest release. (No actionable link available.)
• Negative Sentiment: ClearBridge’s Large Cap Growth strategy sold EQIX, citing delays in capital-investment-driven AI gains — a notable active-manager exit that can pressure sentiment if others follow. ClearBridge Sells EQIX
• Negative Sentiment: Scotiabank cut its rating to “Sector Perform,” reducing buy-side conviction from at least one sell-side firm and adding downward pressure to near-term sentiment. Scotiabank Lowers Rating
• Negative Sentiment: A plaintiff-focused notice questions whether insiders breached fiduciary duties, which could generate headlines and elevate perceived governance risk even if no lawsuit materializes. Shareholder Inquiry

About Equinix

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.