Takeaways From Equinix’s CFO Visit

• Cowen & Co. reaffirms "Buy" rating for Equinix (NASDAQ:EQIX) with a stock price of $790.51.
• Equinix is recognized for its potential in accelerating earnings growth in 2026 and 2027 amidst macroeconomic uncertainties.
• The company's market capitalization stands at approximately $77 billion, indicating its significant industry presence.

Equinix (NASDAQ:EQIX) is a leading global data center and colocation provider, connecting businesses with partners and customers worldwide through its extensive network of data centers. As a key player in the real estate investment trust (REIT) sector, Equinix focuses on digital infrastructure, competing with entities like Digital Realty Trust and CyrusOne in the data center space.

On July 3, 2025, Cowen & Co. maintained its "Buy" rating for Equinix, with the stock priced at $790.51. This endorsement highlighted Equinix as one of TD Cowen's top three best ideas, as reported by StreetInsider. Despite a slight decrease in its stock price to $787.57, Equinix remains a strong contender in the REIT sector.

During REITWeek 2025, it was noted that REITs, including Equinix, are expected to see accelerating earnings growth in 2026 and 2027. This optimism persists despite macroeconomic uncertainties. Equinix's focus on AI-driven data centers aligns with key investment themes, positioning it well for future growth.

Equinix's market capitalization is approximately $77 billion, reflecting its significant presence in the industry. The stock has traded between $782.55 and $797.69 today, with a 52-week high of $994.03 and a low of $701.41. This range indicates the stock's volatility and potential for growth.

Equinix's trading volume on the NASDAQ exchange is 211,789 shares, showcasing investor interest. The company's resilient cash flows and potential for dividend growth make it an attractive option compared to other asset classes, as highlighted by Seeking Alpha.

Equinix, Inc. (NASDAQ:EQIX), a leading data center real estate investment trust (REIT) based in Redwood City, California, specializes in providing colocation and interconnection services, essential for digital infrastructure. Competing with other data center providers like Digital Realty Trust and CyrusOne, Equinix is set to release its quarterly earnings on February 12, 2025.

Wall Street analysts estimate Equinix's earnings per share (EPS) to be $2.75, with projected revenue of approximately $2.28 billion. The company's results are expected to show year-over-year growth in both revenues and adjusted funds from operations (AFFO) per share, driven by the increasing demand for data centers amid rising digitization. However, high interest expenses may have negatively impacted the earnings.

In the previous quarter, Equinix reported a 4% surprise in AFFO per share, consistently surpassing consensus estimates over the last four quarters with an average beat of 3.13%. This performance is supported by steady growth in colocation and interconnection revenues, reflecting strong demand for digital infrastructure. Analysts forecast an 8.1% year-over-year revenue growth to $2.28 billion, with EPS expected to increase by 11.1% to $8.11.

Equinix's financial metrics reveal a price-to-earnings (P/E) ratio of approximately 85.15, indicating that investors are willing to pay $85.15 for every dollar of earnings. The company's price-to-sales ratio stands at about 10.58, suggesting that investors are paying $10.58 for every dollar of sales. Equinix's enterprise value to sales ratio is around 12.49, reflecting the company's valuation relative to its sales.

The company's debt-to-equity ratio is approximately 1.41, showing that Equinix uses $1.41 of debt for every dollar of equity. The current ratio is around 1.16, indicating that Equinix has $1.16 in current assets for every dollar of current liabilities, suggesting a relatively balanced liquidity position. These financial metrics provide insight into Equinix's valuation and financial health as it prepares to release its earnings.

Equinix, Inc. (NASDAQ:EQIX), a leading data center real estate investment trust (REIT) based in Redwood City, California, specializes in providing colocation and interconnection services, essential for digital infrastructure. Competing with other data center providers like Digital Realty Trust and CyrusOne, Equinix is set to release its quarterly earnings on February 12, 2025.

Wall Street analysts estimate Equinix's earnings per share (EPS) to be $2.75, with projected revenue of approximately $2.28 billion. The company's results are expected to show year-over-year growth in both revenues and adjusted funds from operations (AFFO) per share, driven by the increasing demand for data centers amid rising digitization. However, high interest expenses may have negatively impacted the earnings.

In the previous quarter, Equinix reported a 4% surprise in AFFO per share, consistently surpassing consensus estimates over the last four quarters with an average beat of 3.13%. This performance is supported by steady growth in colocation and interconnection revenues, reflecting strong demand for digital infrastructure. Analysts forecast an 8.1% year-over-year revenue growth to $2.28 billion, with EPS expected to increase by 11.1% to $8.11.

Equinix's financial metrics reveal a price-to-earnings (P/E) ratio of approximately 85.15, indicating that investors are willing to pay $85.15 for every dollar of earnings. The company's price-to-sales ratio stands at about 10.58, suggesting that investors are paying $10.58 for every dollar of sales. Equinix's enterprise value to sales ratio is around 12.49, reflecting the company's valuation relative to its sales.

The company's debt-to-equity ratio is approximately 1.41, showing that Equinix uses $1.41 of debt for every dollar of equity. The current ratio is around 1.16, indicating that Equinix has $1.16 in current assets for every dollar of current liabilities, suggesting a relatively balanced liquidity position. These financial metrics provide insight into Equinix's valuation and financial health as it prepares to release its earnings.

Equinix (NASDAQ:EQIX) shares rose more than 16% since the company’s reported Q3 results on Nov 2. Q3 EPS came in at $7.73, better than the Street estimate of $1.83. Revenue was $1.8 billion, compared to the Street estimate of $1.84 billion.

Adjusted EBITDA of $871 million was 3.8% higher than Street estimates, and the adjusted EBITDA margin was 47.3% vs. a Street estimate of 45.7%. AFFO and AFFO/share beat the Street estimates by over 7%. Management raised guidance for normalized AFFO growth to 9-10% from 8-9% on healthy bookings, demand, and MRR/cab trends.

Analysts at RBC Capital updated their model following solid quarterly results and increased their price target to $720 from $668 while reiterating their Outperform rating.

The analysts estimate 2022 revenue/EBITDA of $7,257/$3.365 million (vs. previous $7,281/ $3,350 million) and AFFO/share of $29.30 (vs. previous $29.00). Their 2023 revenue, EBITDA and AFFO/share are $7,993 million/$3,706 million/$31.77 (vs. previous $7,992 million/ $3,632 million/$31.56).

Equinix (NASDAQ:EQIX) shares rose more than 16% since the company’s reported Q3 results on Nov 2. Q3 EPS came in at $7.73, better than the Street estimate of $1.83. Revenue was $1.8 billion, compared to the Street estimate of $1.84 billion.

Adjusted EBITDA of $871 million was 3.8% higher than Street estimates, and the adjusted EBITDA margin was 47.3% vs. a Street estimate of 45.7%. AFFO and AFFO/share beat the Street estimates by over 7%. Management raised guidance for normalized AFFO growth to 9-10% from 8-9% on healthy bookings, demand, and MRR/cab trends.

Analysts at RBC Capital updated their model following solid quarterly results and increased their price target to $720 from $668 while reiterating their Outperform rating.

The analysts estimate 2022 revenue/EBITDA of $7,257/$3.365 million (vs. previous $7,281/ $3,350 million) and AFFO/share of $29.30 (vs. previous $29.00). Their 2023 revenue, EBITDA and AFFO/share are $7,993 million/$3,706 million/$31.77 (vs. previous $7,992 million/ $3,632 million/$31.56).

Equinix (NASDAQ:EQIX) shares rose more than 16% since the company’s reported Q3 results on Nov 2. Q3 EPS came in at $7.73, better than the Street estimate of $1.83. Revenue was $1.8 billion, compared to the Street estimate of $1.84 billion.

Adjusted EBITDA of $871 million was 3.8% higher than Street estimates, and the adjusted EBITDA margin was 47.3% vs. a Street estimate of 45.7%. AFFO and AFFO/share beat the Street estimates by over 7%. Management raised guidance for normalized AFFO growth to 9-10% from 8-9% on healthy bookings, demand, and MRR/cab trends.

Analysts at RBC Capital updated their model following solid quarterly results and increased their price target to $720 from $668 while reiterating their Outperform rating.

The analysts estimate 2022 revenue/EBITDA of $7,257/$3.365 million (vs. previous $7,281/ $3,350 million) and AFFO/share of $29.30 (vs. previous $29.00). Their 2023 revenue, EBITDA and AFFO/share are $7,993 million/$3,706 million/$31.77 (vs. previous $7,992 million/ $3,632 million/$31.56).