Equinix (EQIX)

• Market cap: $79.2B
• 1 day: 1.07%
• 5 days: 6.32%
• 1 month: 5.57%
• 3 months: -6.66%
• 6 months: -5.43%
• Year to date: -8.84%
• 1 year: 21.04%
• 5 years: 27.48%
• 10 years: 236.32%
• Sector: Real Estate
• Industry: Specialty REIT

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: 13,606

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

70% more first-time investments, than exits

New positions opened: 155 | Existing positions closed: 91

14% more repeat investments, than reductions

Existing positions increased: 448 | Existing positions reduced: 393

9% more capital invested

Capital invested by funds: $80.1B [Q3] → $87.4B (+$7.25B) [Q4]

3% more funds holding

Funds holding: 1,125 [Q3] → 1,164 (+39) [Q4]

0.34% more ownership

Funds ownership: 95.67% [Q3] → 96.02% (+0.34%) [Q4]

3% less funds holding in top 10

Funds holding in top 10: 39 [Q3] → 38 (-1) [Q4]

24% less call options, than puts

Call options by funds: $889M | Put options by funds: $1.16B

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $834 3% downside
• Avg. target: $1,020 19% upside
• High target: $1,200 39% upside

9 analyst ratings

• positive: 8 89%
• neutral: 1 11%
• negative: 0 0%

Scotiabank Maher Yaghi 46% 1-year accuracy 11 / 24 met price target	20% upside $1,030	Sector Outperform Maintained	22 Apr 2025
Citigroup Michael Rollins 65% 1-year accuracy 17 / 26 met price target	13% upside $970	Buy Maintained	17 Apr 2025
Mizuho Vikram Malhotra 33% 1-year accuracy 3 / 9 met price target	22% upside $1,053	Outperform Maintained	28 Mar 2025
Barclays Tim Long 55% 1-year accuracy 32 / 58 met price target	3% downside $834	Equal-Weight Maintained	20 Mar 2025
Truist Securities Anthony Hau 22% 1-year accuracy 5 / 23 met price target	15% upside $990	Buy Maintained	10 Mar 2025