Equinix (EQIX) Stock Forecast, Price Target & Predictions
EQIX Stock Forecast
Equinix stock forecast is as follows: an average price target of $880.35 (represents a 0.40% upside from EQIX’s last price of $876.88) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.
EQIX Price Target
The average price target for Equinix (EQIX) is $880.35 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $1.00K to $680.00. This represents a potential 0.40% upside from EQIX's last price of $876.88.
EQIX Analyst Ratings
According to 19 Wall Street analysts, Equinix's rating consensus is 'Buy'. The analyst rating breakdown for EQIX stock is 0 'Strong Buy' (0.00%), 11 'Buy' (57.89%), 7 'Hold' (36.84%), 1 'Sell' (5.26%), and 0 'Strong Sell' (0.00%).
Equinix Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 04, 2024 | Phani Kanumuri | HSBC | $1.00K | $876.22 | 14.13% | 14.04% |
| Oct 01, 2024 | Ari Klein | BMO Capital | $975.00 | $883.00 | 10.42% | 11.19% |
| Oct 01, 2024 | Erik Rasmussen | Stifel Nicolaus | $960.00 | $883.00 | 8.72% | 9.48% |
| Sep 23, 2024 | Kenneth Leon | CFRA | $900.00 | $877.48 | 2.57% | 2.64% |
| Sep 12, 2024 | Omotayo Okusanya | Mizuho Securities | $971.00 | $861.43 | 12.72% | 10.73% |
| Aug 28, 2024 | Marie Ferguson | Argus Research | $900.00 | $817.98 | 10.03% | 2.64% |
| Aug 21, 2024 | Anthony Hau | Truist Financial | $935.00 | $824.00 | 13.47% | 6.63% |
| Jul 23, 2024 | Eric Luebchow | Wells Fargo | $875.00 | $798.86 | 9.53% | -0.21% |
| Jul 10, 2024 | Vikram Malhotra | Mizuho Securities | $873.00 | $775.96 | 12.51% | -0.44% |
| Jul 01, 2024 | James Schneider | Goldman Sachs | $870.00 | $756.60 | 14.99% | -0.78% |
The latest Equinix stock forecast, released on Oct 04, 2024 by Phani Kanumuri from HSBC, set a price target of $1.00K, which represents a 14.13% increase from the stock price at the time of the forecast ($876.22), and a 14.04% increase from EQIX last price ($876.88).
Equinix Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 5 | 9 | 13 |
| Avg Price Target | $961.20 | $932.11 | $928.15 |
| Last Closing Price | $876.88 | $876.88 | $876.88 |
| Upside/Downside | 9.62% | 6.30% | 5.85% |
In the current month, the average price target of Equinix stock is $961.20, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 9.62% increase as opposed to Equinix's last price of $876.88. This month's average price target is up 3.12% compared to last quarter, and up 3.56% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 04, 2024 | HSBC | - | Buy | Upgrade |
| Oct 01, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Oct 01, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Aug 13, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Aug 08, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jul 23, 2024 | Wells Fargo | Buy | Overweight | Upgrade |
| May 30, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| May 28, 2024 | RBC Capital | Buy | Buy | Hold |
| May 28, 2024 | RBC Capital | Outperform | Outperform | Hold |
| May 28, 2024 | Citigroup | Buy | Buy | Hold |
Equinix's last stock rating was published by HSBC on Oct 04, 2024. The company Upgrade its EQIX rating from "null" to "Buy".
Equinix Financial Forecast
Equinix Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $2.11B | $2.06B | $2.02B | $2.00B | $1.87B | $1.84B | $1.82B | $1.73B | $1.71B | $1.68B | $1.66B | $1.60B | $1.56B | $1.52B | $1.47B | $1.44B | $1.42B | $1.40B |
| Avg Forecast | $2.64B | $2.60B | $2.53B | $2.48B | $2.46B | $2.41B | $2.36B | $2.30B | $2.26B | $2.20B | $2.16B | $2.14B | $2.11B | $2.06B | $2.02B | $1.98B | $1.87B | $1.84B | $1.82B | $1.75B | $1.70B | $1.68B | $1.64B | $1.60B | $1.56B | $1.50B | $1.46B | $1.45B | $1.42B | $1.41B |
| High Forecast | $2.64B | $2.60B | $2.53B | $2.48B | $2.46B | $2.41B | $2.36B | $2.30B | $2.26B | $2.22B | $2.16B | $2.14B | $2.13B | $2.07B | $2.02B | $1.98B | $1.87B | $1.84B | $1.83B | $1.76B | $1.71B | $1.69B | $1.66B | $1.61B | $1.57B | $1.52B | $1.47B | $1.46B | $1.43B | $1.42B |
| Low Forecast | $2.64B | $2.60B | $2.53B | $2.48B | $2.46B | $2.41B | $2.36B | $2.30B | $2.26B | $2.19B | $2.16B | $2.14B | $2.10B | $2.05B | $2.02B | $1.98B | $1.87B | $1.84B | $1.81B | $1.74B | $1.69B | $1.67B | $1.63B | $1.59B | $1.55B | $1.49B | $1.45B | $1.44B | $1.41B | $1.40B |
| # Analysts | 10 | 7 | 12 | 7 | 6 | 6 | 7 | 6 | 7 | 14 | 7 | 5 | 10 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 16 | 11 | 7 | 4 | 4 | 3 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.00% | 1.00% | 1.01% | 1.00% | 1.00% | 1.00% | 0.99% | 1.01% | 1.00% | 1.01% | 1.00% | 1.00% | 1.01% | 1.01% | 1.00% | 1.00% | 0.99% |
Equinix's average Quarter revenue forecast for Mar 24 based on 5 analysts is $2.14B, with a low forecast of $2.14B, and a high forecast of $2.14B. EQIX's average Quarter revenue forecast represents a 1.36% increase compared to the company's last Quarter revenue of $2.11B (Dec 23).
Equinix EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 12 | 7 | 6 | 6 | 7 | 6 | 7 | 14 | 7 | 5 | 10 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 16 | 11 | 7 | 4 | 4 | 3 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $346.42M | $859.39M | $807.89M | $868.40M | $720.79M | $773.54M | $753.92M | $702.32M | $671.50M | $703.31M | $553.28M | $673.69M | $561.43M | $557.01M | $635.13M | $592.19M | $610.79M | $619.24M |
| Avg Forecast | $1.11B | $1.09B | $1.06B | $1.04B | $1.03B | $1.01B | $989.84M | $965.32M | $947.70M | $925.58M | $906.88M | $856.86M | $888.00M | $864.22M | $846.90M | $778.96M | $661.24M | $771.91M | $763.59M | $708.15M | $713.00M | $705.36M | $690.09M | $661.87M | $656.02M | $631.43M | $613.99M | $732.88M | $594.75M | $590.88M |
| High Forecast | $1.11B | $1.09B | $1.06B | $1.04B | $1.03B | $1.01B | $989.84M | $965.32M | $947.70M | $933.99M | $906.88M | $1.03B | $896.42M | $871.28M | $846.90M | $934.75M | $793.49M | $771.91M | $769.92M | $849.78M | $718.91M | $711.22M | $695.81M | $794.24M | $661.46M | $636.67M | $619.08M | $879.45M | $599.68M | $595.79M |
| Low Forecast | $1.11B | $1.09B | $1.06B | $1.04B | $1.03B | $1.01B | $989.84M | $965.32M | $947.70M | $921.37M | $906.88M | $685.49M | $883.79M | $860.05M | $846.90M | $623.17M | $528.99M | $771.91M | $759.51M | $566.52M | $709.19M | $701.60M | $686.40M | $529.50M | $652.52M | $628.06M | $610.71M | $586.30M | $591.57M | $587.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.39% | 0.99% | 0.95% | 1.11% | 1.09% | 1.00% | 0.99% | 0.99% | 0.94% | 1.00% | 0.80% | 1.02% | 0.86% | 0.88% | 1.03% | 0.81% | 1.03% | 1.05% |
5 analysts predict EQIX's average Quarter EBITDA for Mar 24 to be $856.86M, with a high of $1.03B and a low of $685.49M. This is 147.35% upper than Equinix's previous annual EBITDA (Dec 23) of $346.42M.
Equinix Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 12 | 7 | 6 | 6 | 7 | 6 | 7 | 14 | 7 | 5 | 10 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 16 | 11 | 7 | 4 | 4 | 3 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $227.57M | $275.79M | $207.03M | $258.79M | $128.76M | $211.81M | $216.32M | $147.45M | $123.14M | $152.22M | $68.34M | $156.36M | $50.99M | $66.69M | $133.30M | $118.79M | $125.00M | $120.85M |
| Avg Forecast | - | - | - | - | $280.63M | $296.39M | $304.32M | $283.31M | $261.18M | $277.69M | $252.80M | $181.66M | $206.00M | $204.86M | $195.74M | $165.15M | $121.39M | $171.40M | $183.52M | $150.13M | $133.54M | $154.05M | $177.60M | $153.62M | $141.76M | $146.54M | $155.47M | $147.01M | $150.52M | $158.05M |
| High Forecast | - | - | - | - | $280.63M | $296.39M | $304.32M | $283.31M | $261.18M | $283.76M | $252.80M | $217.99M | $209.69M | $234.26M | $195.74M | $198.18M | $145.67M | $171.40M | $185.50M | $180.16M | $134.99M | $155.71M | $179.52M | $184.34M | $143.29M | $148.12M | $157.15M | $176.42M | $152.14M | $159.75M |
| Low Forecast | - | - | - | - | $280.63M | $296.39M | $304.32M | $283.31M | $261.18M | $271.62M | $252.80M | $145.33M | $202.02M | $154.59M | $195.74M | $132.12M | $97.11M | $171.40M | $182.25M | $120.11M | $132.62M | $152.98M | $176.37M | $122.90M | $140.78M | $145.52M | $154.39M | $117.61M | $149.47M | $156.95M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.35% | 1.06% | 1.57% | 1.06% | 1.24% | 1.18% | 0.98% | 0.92% | 0.99% | 0.38% | 1.02% | 0.36% | 0.46% | 0.86% | 0.81% | 0.83% | 0.76% |
Equinix's average Quarter net income forecast for Mar 24 is $181.66M, with a range of $145.33M to $217.99M. EQIX's average Quarter net income forecast represents a -20.17% decrease compared to the company's last Quarter net income of $227.57M (Dec 23).
Equinix SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 12 | 7 | 6 | 6 | 7 | 6 | 7 | 14 | 7 | 5 | 10 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 16 | 11 | 7 | 4 | 4 | 3 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $666.45M | $616.40M | $621.45M | $605.54M | $607.42M | $568.57M | $564.08M | $545.20M | $533.51M | $517.62M | $507.62M | $484.28M | $480.20M | $452.08M | $435.01M | $442.05M | $406.06M | $403.39M |
| Avg Forecast | $799.29M | $787.55M | $767.20M | $752.75M | $745.81M | $729.17M | $714.25M | $696.56M | $683.84M | $667.88M | $654.39M | $671.68M | $640.76M | $623.60M | $611.11M | $610.62M | $525.36M | $556.99M | $550.99M | $555.11M | $514.49M | $508.98M | $497.95M | $475.79M | $473.37M | $455.63M | $443.04M | $547.06M | $429.16M | $426.37M |
| High Forecast | $799.29M | $787.55M | $767.20M | $752.75M | $745.81M | $729.17M | $714.25M | $696.56M | $683.84M | $673.95M | $654.39M | $806.02M | $646.84M | $628.70M | $611.11M | $732.75M | $630.43M | $556.99M | $555.56M | $666.13M | $518.76M | $513.20M | $502.09M | $570.94M | $477.30M | $459.41M | $446.72M | $656.48M | $432.72M | $429.91M |
| Low Forecast | $799.29M | $787.55M | $767.20M | $752.75M | $745.81M | $729.17M | $714.25M | $696.56M | $683.84M | $664.84M | $654.39M | $537.35M | $637.73M | $620.60M | $611.11M | $488.50M | $420.29M | $556.99M | $548.05M | $444.09M | $511.74M | $506.26M | $495.30M | $380.63M | $470.85M | $453.20M | $440.68M | $437.65M | $426.87M | $424.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.99% | 1.02% | 0.99% | 1.16% | 1.02% | 1.02% | 0.98% | 1.04% | 1.02% | 1.02% | 1.02% | 1.01% | 0.99% | 0.98% | 0.81% | 0.95% | 0.95% |
Equinix's average Quarter SG&A projection for Mar 24 is $671.68M, based on 5 Wall Street analysts, with a range of $537.35M to $806.02M. The forecast indicates a 0.79% rise compared to EQIX last annual SG&A of $666.45M (Dec 23).
Equinix EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 12 | 7 | 6 | 6 | 7 | 6 | 7 | 14 | 7 | 5 | 10 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 16 | 11 | 7 | 4 | 4 | 3 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $2.41 | $2.94 | $2.21 | $2.78 | $1.39 | $2.30 | $2.38 | $1.62 | $1.36 | $1.69 | $0.76 | $1.75 | $0.57 | $0.75 | $1.53 | $1.39 | $1.47 | $1.42 |
| Avg Forecast | - | - | - | - | $2.95 | $3.11 | $3.20 | $2.98 | $2.74 | $2.92 | $2.66 | $2.65 | $2.16 | $2.15 | $2.06 | $2.20 | $1.73 | $1.80 | $1.93 | $1.61 | $1.40 | $1.62 | $1.87 | $1.74 | $1.49 | $1.54 | $1.63 | $1.81 | $1.58 | $1.66 |
| High Forecast | - | - | - | - | $2.95 | $3.11 | $3.20 | $2.98 | $2.74 | $2.98 | $2.66 | $2.65 | $2.20 | $2.46 | $2.06 | $2.20 | $1.73 | $1.80 | $1.95 | $1.63 | $1.42 | $1.64 | $1.89 | $1.76 | $1.51 | $1.56 | $1.65 | $1.83 | $1.60 | $1.68 |
| Low Forecast | - | - | - | - | $2.95 | $3.11 | $3.20 | $2.98 | $2.74 | $2.85 | $2.66 | $2.65 | $2.12 | $1.62 | $2.06 | $2.20 | $1.73 | $1.80 | $1.92 | $1.60 | $1.39 | $1.61 | $1.85 | $1.73 | $1.48 | $1.53 | $1.62 | $1.80 | $1.57 | $1.65 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.37% | 1.07% | 1.26% | 0.80% | 1.28% | 1.23% | 1.01% | 0.97% | 1.04% | 0.41% | 1.01% | 0.38% | 0.49% | 0.94% | 0.77% | 0.93% | 0.86% |
According to 5 Wall Street analysts, Equinix's projected average Quarter EPS for Mar 24 is $2.65, with a low estimate of $2.65 and a high estimate of $2.65. This represents a 9.96% increase compared to EQIX previous annual EPS of $2.41 (Dec 23).
Equinix Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SBAC | SBA Communications | $235.37 | $315.82 | 34.18% | Buy |
| CCI | Crown Castle | $111.48 | $139.10 | 24.78% | Hold |
| HASI | Hannon Armstrong Sustainable Infrastructure Capital | $34.57 | $40.17 | 16.20% | Buy |
| AMT | American Tower | $223.66 | $254.71 | 13.88% | Buy |
| GLPI | Gaming and Leisure Properties | $51.00 | $54.25 | 6.37% | Buy |
| EPR | EPR Properties | $47.72 | $50.50 | 5.83% | Hold |
| EQIX | Equinix | $876.88 | $880.35 | 0.40% | Buy |
| DLR | Digital Realty Trust | $157.00 | $155.26 | -1.11% | Buy |
| IRM | Iron Mountain | $118.28 | $84.40 | -28.64% | Buy |
EQIX Forecast FAQ
Is Equinix a good buy?
Yes, according to 19 Wall Street analysts, Equinix (EQIX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 57.89% of EQIX's total ratings.
What is EQIX's price target?
Equinix (EQIX) average price target is $880.35 with a range of $680 to $1K, implying a 0.40% from its last price of $876.88. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Equinix stock go up soon?
According to Wall Street analysts' prediction for EQIX stock, the company can go up by 0.40% (from the last price of $876.88 to the average price target of $880.35), up by 14.04% based on the highest stock price target, and down by -22.45% based on the lowest stock price target.
Can Equinix stock reach $1.3K?
EQIX's average twelve months analyst stock price target of $880.35 does not support the claim that Equinix can reach $1.3K in the near future.
What is Equinix's current price target trend?
5 Wall Street analysts forecast a $961.2 price target for Equinix (EQIX) this month, up 9.62% from its last price of $876.88. Compared to the last 3 and 12 months, the average price target increased by 6.30% and increased by 5.85%, respectively.
What are Equinix's analysts' financial forecasts?
Equinix's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $9.52B (high $9.52B, low $9.52B), average EBITDA is $4B (high $4B, low $4B), average net income is $1.16B (high $1.16B, low $1.16B), average SG&A $2.89B (high $2.89B, low $2.89B), and average EPS is $12.24 (high $12.24, low $12.24). EQIX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $10.25B (high $10.25B, low $10.25B), average EBITDA is $4.31B (high $4.31B, low $4.31B), average net income is $0 (high $0, low $0), average SG&A $3.11B (high $3.11B, low $3.11B), and average EPS is $0 (high $0, low $0).
Did the EQIX's actual financial results beat the analysts' financial forecasts?
Based on Equinix's last annual report (Dec 2023), the company's revenue was $8.19B, beating the average analysts forecast of $8.16B by 0.33%. Apple's EBITDA was $1.44B, missing the average prediction of $3.38B by -57.28%. The company's net income was $969.18M, beating the average estimation of $771.75M by 25.58%. Apple's SG&A was $2.51B, beating the average forecast of $2.49B by 0.96%. Lastly, the company's EPS was $10.35, beating the average prediction of $8.57 by 20.73%. In terms of the last quarterly report (Dec 2023), Equinix's revenue was $2.11B, missing the average analysts' forecast of $2.11B by -0.15%. The company's EBITDA was $346.42M, missing the average prediction of $888M by -60.99%. Equinix's net income was $227.57M, beating the average estimation of $206M by 10.47%. The company's SG&A was $666.45M, beating the average forecast of $640.76M by 4.01%. Lastly, the company's EPS was $2.41, beating the average prediction of $2.16 by 11.33%