EQIX stock icon

Equinix
EQIX

$772.43
0.41%

Market Cap: 73.3B

 

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 17 analysts
0
News positive %
of 63 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

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

Low target
$91
88%
downside
Avg. target
$814
5%
upside
High target
$960
24%
upside

17 analyst ratings

10 positive
59%
neutral
41%
negative
0%
Wells Fargo
Eric Luebchow
13%upside
$875
Overweight
Upgraded
23 Jul 2024
Mizuho
Vikram Malhotra
13%upside
$873
Outperform
Initiated
11 Jul 2024
Goldman Sachs
James Schneider
13%upside
$870
Buy
Initiated
1 Jul 2024
Barclays
Tim Long
13%downside
$671
Equal-Weight
Maintained
30 May 2024
RBC Capital
Jonathan Atkin
19%upside
$922
Outperform
Maintained
28 May 2024

Financial journalist opinion

Based on 63 articles about EQIX published over the past 30 days