The all-cash transaction represents a multiple of approximately 15x the projected EBITDA at full utilization and is expected to close in 2H 2024, subject to customary closing conditions.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/4/2024 | $865.00 → $1000.00 | Hold → Buy | HSBC Securities |
| 7/23/2024 | $825.00 → $875.00 | Equal Weight → Overweight | Wells Fargo |
| 7/11/2024 | $873.00 | Outperform | Mizuho |
| 7/1/2024 | $870.00 | Buy | Goldman |
| 3/20/2024 | Buy → Hold | HSBC Securities | |
| 1/16/2024 | $871.00 → $915.00 | Hold → Buy | Truist |
| 1/2/2024 | Underperform → Peer Perform | Wolfe Research | |
| 12/6/2023 | Sector Weight | KeyBanc Capital Markets |
REDWOOD CITY, Calif., June 5, 2024 /PRNewswire/ -- Equinix, Inc. (NASDAQ:EQIX), the world's digital infrastructure company®, is calling for municipal planning agencies, energy utilities and heat network operators around the world to join the Equinix Heat Export program to unlock the value of the residual heat generated in its International Business Exchange™ (IBX®) data centers. Equinix's innovative Heat Export program recovers residual heat from its IBX data centers and exports it to buildings in surrounding communities, providing a cleaner alternative to traditional methods at a time of rising global energy prices and supply constraints. The company has implemented several Heat Export ini
USA News Group Commentary Issued on behalf of Avant Technologies Inc. VANCOUVER, May 31, 2024 /PRNewswire/ -- USA News Group – With the artificial intelligence (AI) revolution fully underway, the importance and security of the data centers that power the new technology is surging. The role and preservation of these data centers is generating multiple calls for them and their power sources to be recognized as a matter of national security. Former Google CEO Eric Schmidt went so far as to predict that AI data centers will one day be "on military bases surrounded by machine guns," as stated in an interview with Noema Magazine. According to analysts at Dell'Oro Group, data center spending is fo
REDWOOD CITY, Calif., March 12, 2024 /PRNewswire/ -- Equinix, Inc. (NASDAQ:EQIX), the world's digital infrastructure company®, today announced a planned leadership transition effective late Q2 2024 whereby current President and CEO Charles Meyers will transition to the role of Executive Chairman, and Google Cloud Go-to-Market President Adaire Fox-Martin will begin serving as Equinix President and CEO. Peter Van Camp, currently Executive Chairman, will step away from his formal responsibilities as a Board member to take the role of Special Advisor to the Board. "Digital transformation is reshaping the basis of competition for industries across the globe, and the rapid adoption of AI is accele
HSBC Securities upgraded Equinix from Hold to Buy and set a new price target of $1,000.00 from $865.00 previously
Wells Fargo upgraded Equinix from Equal Weight to Overweight and set a new price target of $875.00 from $825.00 previously
Mizuho initiated coverage of Equinix with a rating of Outperform and set a new price target of $873.00
10-Q - EQUINIX INC (0001101239) (Filer)
8-K - EQUINIX INC (0001101239) (Filer)
8-K/A - EQUINIX INC (0001101239) (Filer)
REDWOOD CITY, Calif. and SINGAPORE, Nov. 19, 2024 /PRNewswire/ -- Today Equinix, Inc. (NASDAQ:EQIX) announced plans for its latest data center in Singapore, aimed at enabling global businesses to leverage next generation workloads, like AI, in one of the region's fastest-growing digital economies. With an initial investment of US$260M, the new facility–named SG6–will be Equinix's sixth International Business Exchange™ (IBX®) data center in Singapore. This new high performance data center will feature a world-class, sustainability-driven design built to efficiently handle compute intensive workloads like AI, supported by capabilities such as advanced liquid cooling. SG6 will help deliver the
REDWOOD CITY, Calif., Oct. 30, 2024 /PRNewswire/ -- Equinix, Inc. (NASDAQ:EQIX), the world's digital infrastructure company®, today announced that its Board of Directors has declared a quarterly cash dividend of $4.26 per share on its common stock. The quarterly common stock dividend will be paid on December 11, 2024, to shareholders of record on November 13, 2024. About Equinix Equinix (NASDAQ:EQIX) is the world's digital infrastructure company®. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, spe
REDWOOD CITY, Calif., Oct. 30, 2024 /PRNewswire/ -- Quarterly revenues increased 7% on both an as-reported and normalized and constant currency basis over the same quarter last year to $2.2 billionRobust pricing, strong deal conversion rates and meaningful billable cabinet improvement translated into strong performance against expectationsAccelerated pursuit of growing artificial intelligence (AI) demand in the U.S. with the signing of a greater than $15 billion joint venture, expected to nearly triple the capital invested in the company's xScale® data center portfolio once completedEquinix, Inc. (NASDAQ:EQIX), the world's digital infrastructure company®, today reported results for the quart
REDWOOD CITY, Calif., Oct. 30, 2024 /PRNewswire/ -- Equinix, Inc. (NASDAQ:EQIX), the world's digital infrastructure company®, today announced that its Board of Directors has declared a quarterly cash dividend of $4.26 per share on its common stock. The quarterly common stock dividend will be paid on December 11, 2024, to shareholders of record on November 13, 2024. About Equinix Equinix (NASDAQ:EQIX) is the world's digital infrastructure company®. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, spe
REDWOOD CITY, Calif., Oct. 4, 2024 /PRNewswire/ -- Equinix, Inc. (NASDAQ:EQIX), the world's digital infrastructure company®, today announced that it will hold its quarterly conference call on Wednesday, October 30, 2024, at 5:30 p.m. ET (2:30 p.m. PT). The company will discuss third-quarter results for the period ended September 30, 2024. To hear the conference call live, please dial 1-517-308-9482 (domestic and international) and reference the passcode (EQIX). A simultaneous live webcast of the call will be available on Equinix.com under the Investor Relations heading. A replay of the call will be available one hour after the call through Tuesday, December 31, 2024, by dialling 888-296-6944
REDWOOD CITY, Calif., Aug. 7, 2024 /PRNewswire/ -- Equinix, Inc. (NASDAQ:EQIX), the world's digital infrastructure company®, today announced that its Board of Directors has declared a quarterly cash dividend of $4.26 per share on its common stock. The quarterly common stock dividend will be paid on September 18, 2024, to shareholders of record on August 21, 2024. About Equinix Equinix (NASDAQ:EQIX) is the world's digital infrastructure company®. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed
SC 13G/A - EQUINIX INC (0001101239) (Subject)
SC 13G/A - EQUINIX INC (0001101239) (Subject)
SC 13G/A - EQUINIX INC (0001101239) (Subject)
4 - EQUINIX INC (0001101239) (Issuer)
4 - EQUINIX INC (0001101239) (Issuer)
4 - EQUINIX INC (0001101239) (Issuer)
During the last three months, 6 analysts shared their evaluations of Equinix (NASDAQ:EQIX), revealing diverse outlooks from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 3 1 0 0 Last 30D 0 1 0 0 0 1M Ago 1 1 0 0 0 2M Ago 0 1 1 0 0 3M Ago 1 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Equinix, presenting an average target of $845.0, a high estimate of $922.00, and a low estimate of $671.00. Surpassing the previous avera
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Citigroup analyst Peter Christiansen upgraded the rating for Coinbase Global, Inc. (NASDAQ:COIN) from Neutral to Buy, while raising the price target from $260 to $345. Coinbase shares gained 2.9% to settle at $265.15 on Monday. See how other analysts view this stock. See how other analysts view this stock. Morgan Stanley analyst Brian Nowak upgraded Snap Inc. (NYSE:SNAP) from Underweight to Equal-Weight, while increasing the price target from $12 to $16. Snap shares rose 2.6% to close
Wells Fargo analyst Eric Luebchow upgrades Equinix (NASDAQ:EQIX) from Equal-Weight to Overweight and raises the price target from $825 to $875.