Equinix (EQIX) Stock Forecast, Price Target & Predictions
EQIX Stock Forecast
Equinix stock forecast is as follows: an average price target of $882.60 (represents a -2.26% downside from EQIX’s last price of $903.02) 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 $882.60 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $1.02K to $680.00. This represents a potential -2.26% downside from EQIX's last price of $903.02.
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 31, 2024 | Ari Klein | BMO Capital | $1.02K | $910.22 | 12.06% | 12.95% |
| Oct 04, 2024 | Phani Kanumuri | HSBC | $1.00K | $876.22 | 14.13% | 10.74% |
| Oct 01, 2024 | Ari Klein | BMO Capital | $975.00 | $883.00 | 10.42% | 7.97% |
| Oct 01, 2024 | Erik Rasmussen | Stifel Nicolaus | $960.00 | $883.00 | 8.72% | 6.31% |
| Sep 23, 2024 | Kenneth Leon | CFRA | $900.00 | $877.48 | 2.57% | -0.33% |
| Sep 12, 2024 | Omotayo Okusanya | Mizuho Securities | $971.00 | $861.43 | 12.72% | 7.53% |
| Aug 28, 2024 | Marie Ferguson | Argus Research | $900.00 | $817.98 | 10.03% | -0.33% |
| Aug 21, 2024 | Anthony Hau | Truist Financial | $935.00 | $824.00 | 13.47% | 3.54% |
| Jul 23, 2024 | Eric Luebchow | Wells Fargo | $875.00 | $798.86 | 9.53% | -3.10% |
| Jul 10, 2024 | Vikram Malhotra | Mizuho Securities | $873.00 | $775.96 | 12.51% | -3.32% |
The latest Equinix stock forecast, released on Oct 31, 2024 by Ari Klein from BMO Capital, set a price target of $1.02K, which represents a 12.06% increase from the stock price at the time of the forecast ($910.22), and a 12.95% increase from EQIX last price ($903.02).
Equinix Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 8 | 14 |
| Avg Price Target | $1.02K | $957.63 | $934.71 |
| Last Closing Price | $903.02 | $903.02 | $903.02 |
| Upside/Downside | 12.95% | 6.05% | 3.51% |
In the current month, the average price target of Equinix stock is $1.02K, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 12.95% increase as opposed to Equinix's last price of $903.02. This month's average price target is up 6.51% compared to last quarter, and up 9.12% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 31, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Oct 31, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Oct 17, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| 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 |
Equinix's last stock rating was published by BMO Capital on Oct 31, 2024. The company gave EQIX a "Outperform" rating, the same as its previous rate.
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 | $2.66B | $2.61B | $2.55B | $2.50B | $2.45B | $2.40B | $2.35B | $2.30B | $2.27B | $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 | $2.69B | $2.64B | $2.58B | $2.53B | $2.48B | $2.43B | $2.38B | $2.34B | $2.29B | $2.20B | $2.16B | $2.14B | $2.13B | $2.07B | $2.04B | $2.00B | $1.89B | $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 |
| Low Forecast | $2.63B | $2.58B | $2.52B | $2.47B | $2.42B | $2.37B | $2.32B | $2.28B | $2.25B | $2.20B | $2.16B | $2.14B | $2.10B | $2.05B | $1.99B | $1.95B | $1.84B | $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 |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 9 | 9 | 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 9 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 9 | 9 | 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 | $1.12B | $1.10B | $1.07B | $1.05B | $1.03B | $1.01B | $987.63M | $965.39M | $955.29M | $925.60M | $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 | $1.13B | $1.11B | $1.08B | $1.06B | $1.04B | $1.02B | $1.00B | $982.25M | $963.64M | $925.91M | $906.88M | $1.03B | $896.42M | $871.28M | $857.71M | $934.75M | $793.49M | $771.91M | $763.59M | $849.78M | $713.00M | $705.36M | $690.09M | $794.24M | $656.02M | $631.43M | $613.99M | $879.45M | $594.75M | $590.88M |
| Low Forecast | $1.10B | $1.08B | $1.06B | $1.04B | $1.02B | $994.85M | $976.20M | $956.96M | $946.95M | $925.28M | $906.87M | $685.49M | $883.79M | $860.05M | $837.09M | $623.17M | $528.99M | $771.91M | $763.59M | $566.52M | $713.00M | $705.36M | $690.09M | $529.50M | $656.02M | $631.43M | $613.99M | $586.30M | $594.75M | $590.88M |
| 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% |
9 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 9 | 9 | 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 | - | - | - | - | $9.77M | $10.22M | $10.29M | $9.72M | $8.56M | $9.11M | $8.23M | $181.66M | $6.71M | $6.67M | $6.38M | $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 | - | - | - | - | $9.93M | $10.39M | $10.47M | $10.30M | $8.93M | $9.25M | $8.24M | $217.99M | $6.83M | $7.63M | $6.48M | $198.18M | $145.67M | $171.40M | $183.52M | $180.16M | $133.54M | $154.05M | $177.60M | $184.34M | $141.76M | $146.54M | $155.47M | $176.42M | $150.52M | $158.05M |
| Low Forecast | - | - | - | - | $9.62M | $10.07M | $10.14M | $9.34M | $8.22M | $8.98M | $8.23M | $145.33M | $6.58M | $5.04M | $6.28M | $132.12M | $97.11M | $171.40M | $183.52M | $120.11M | $133.54M | $154.05M | $177.60M | $122.90M | $141.76M | $146.54M | $155.47M | $117.61M | $150.52M | $158.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 33.91% | 41.33% | 32.47% | 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 9 | 9 | 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 | $805.55M | $790.17M | $772.13M | $756.48M | $741.33M | $726.27M | $712.66M | $696.61M | $689.32M | $667.89M | $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 | $815.83M | $800.26M | $782.00M | $766.14M | $750.80M | $735.55M | $721.76M | $708.77M | $695.34M | $668.12M | $654.39M | $806.02M | $646.84M | $628.70M | $618.91M | $732.75M | $630.43M | $556.99M | $550.99M | $666.13M | $514.49M | $508.98M | $497.95M | $570.94M | $473.37M | $455.63M | $443.04M | $656.48M | $429.16M | $426.37M |
| Low Forecast | $796.22M | $781.03M | $763.20M | $747.73M | $732.75M | $717.87M | $704.41M | $690.52M | $683.30M | $667.67M | $654.38M | $537.35M | $637.73M | $620.60M | $604.03M | $488.50M | $420.29M | $556.99M | $550.99M | $444.09M | $514.49M | $508.98M | $497.95M | $380.63M | $473.37M | $455.63M | $443.04M | $437.65M | $429.16M | $426.37M |
| 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 9 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 9 | 4 | 9 | 9 | 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 | - | - | - | - | $3.15 | $3.30 | $3.32 | $3.14 | $2.76 | $2.94 | $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 | - | - | - | - | $3.20 | $3.35 | $3.38 | $3.32 | $2.88 | $2.98 | $2.66 | $2.65 | $2.20 | $2.46 | $2.09 | $2.24 | $1.76 | $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 |
| Low Forecast | - | - | - | - | $3.10 | $3.25 | $3.27 | $3.01 | $2.65 | $2.90 | $2.65 | $2.65 | $2.12 | $1.62 | $2.03 | $2.17 | $1.70 | $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 |
| 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 9 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 |
|---|---|---|---|---|---|
| HASI | Hannon Armstrong Sustainable Infrastructure Capital | $26.90 | $41.43 | 54.01% | Buy |
| SBAC | SBA Communications | $219.60 | $308.94 | 40.68% | Buy |
| CCI | Crown Castle | $102.25 | $136.30 | 33.30% | Hold |
| AMT | American Tower | $193.72 | $252.33 | 30.26% | Buy |
| EPR | EPR Properties | $45.40 | $50.50 | 11.23% | Hold |
| GLPI | Gaming and Leisure Properties | $49.16 | $54.32 | 10.50% | Buy |
| IRM | Iron Mountain | $114.50 | $112.00 | -2.18% | Buy |
| EQIX | Equinix | $903.02 | $882.60 | -2.26% | Buy |
| DLR | Digital Realty Trust | $180.79 | $159.30 | -11.89% | Buy |