EQIX stock icon

Equinix
EQIX

$742.86
1.24%
 

About: Equinix operates 260 data centers in 71 markets worldwide. It generates 44% of total revenue in the Americas, 35% in Europe, the Middle East, and Africa, and 21% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: cloud and IT services, content providers, network and mobile services, financial services, and enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.

Employees: 13,151

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 16 analysts
0
News positive %
of 248 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

26% more repeat investments, than reductions

Existing positions increased: 464 | Existing positions reduced: 368

19% more funds holding in top 10

Funds holding in top 10: 31 [Q4 2023] → 37 (+6) [Q1 2024]

1% more capital invested

Capital invested by funds: $72.3B [Q4 2023] → $73.2B (+$884M) [Q1 2024]

0% more funds holding

Funds holding: 1,098 [Q4 2023] → 1,098 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 110 | Existing positions closed: 110

1.61% less ownership

Funds ownership: 95.64% [Q4 2023] → 94.03% (-1.61%) [Q1 2024]

21% less call options, than puts

Call options by funds: $486M | Put options by funds: $617M

Research analyst outlook

16 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$91
88%
downside
Avg. target
$807
9%
upside
High target
$960
29%
upside

16 analyst ratings

positive
50%
neutral
50%
negative
0%
Barclays
Tim Long
10%downside
$671
Equal-Weight
Maintained
30 May 2024
RBC Capital
Jonathan Atkin
24%upside
$922
Outperform
Maintained
28 May 2024
TD Cowen
Michael Elias
16%upside
$859
Buy
Maintained
10 May 2024
Barclays
Brendan Lynch
10%downside
$669
Equal-Weight
Maintained
17 Apr 2024
Morgan Stanley
Simon Flannery
3%upside
$762
Equal-Weight
Maintained
28 Mar 2024

Financial journalist opinion

Based on 248 articles about EQIX published over the past 30 days