
Equinix (EQIX) Stock Forecast & Price Target
Equinix (EQIX) Analyst Ratings
Bulls say
Equinix reported a revenue of $8.2 billion, reflecting an 8% year-over-year increase on a constant currency basis, alongside an expanding EBITDA margin of 160 basis points. The company demonstrated strong operational demand by leasing or pre-leasing 416MW of capacity, indicating nearly 85% utilization of its operational and under-development resources. Additionally, Equinix's Adjusted Funds from Operations (AFFO) reached $3.4 billion, with a year-over-year increase of 11% and AFFO per share rising to $34.99, highlighting robust financial health and a positive outlook for future performance.
Bears say
Equinix's revenue guidance for FY25 is viewed as weak, primarily due to increased competition from hyperscalers, persistent high capital expenditures, and low free cash flow, suggesting challenges in maintaining profitability. Additionally, factors such as overbuilding in the data center market, pricing pressures, and a slowdown in enterprise cloud service adoption further contribute to a negative outlook. Lastly, external risks related to the global macroeconomic environment and industry dynamics, including the adoption of neutral Internet exchanges, pose significant threats to Equinix’s future performance.
This aggregate rating is based on analysts' research of Equinix and is not a guaranteed prediction by Public.com or investment advice.
Equinix (EQIX) Analyst Forecast & Price Prediction
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