EquinixEQIX
About: Equinix operates 260 data centers in 71 markets worldwide. It generates 44% of total revenue in the Americas, 35% in Europe, the Middle East, and Africa, and 21% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: cloud and IT services, content providers, network and mobile services, financial services, and enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.
Employees: 13,151
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
55% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 89
12% more repeat investments, than reductions
Existing positions increased: 434 | Existing positions reduced: 386
7% more capital invested
Capital invested by funds: $81.3B [Q3] → $86.8B (+$5.56B) [Q4]
0% less funds holding
Funds holding: 1,125 [Q3] → 1,124 (-1) [Q4]
1.91% less ownership
Funds ownership: 97.59% [Q3] → 95.68% (-1.91%) [Q4]
3% less funds holding in top 10
Funds holding in top 10: 39 [Q3] → 38 (-1) [Q4]
24% less call options, than puts
Call options by funds: $889M | Put options by funds: $1.16B
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Scotiabank Maher Yaghi 71% 1-year accuracy 12 / 17 met price target | 12%upside $1,033 | Sector Outperform Maintained | 13 Feb 2025 |
BMO Capital Ari Klein 38% 1-year accuracy 5 / 13 met price target | 16%upside $1,065 | Outperform Maintained | 13 Feb 2025 |
Oppenheimer Timothy Horan 81% 1-year accuracy 17 / 21 met price target | 6%upside $975 | Outperform Maintained | 13 Feb 2025 |
Wells Fargo Eric Luebchow 60% 1-year accuracy 29 / 48 met price target | 16%upside $1,065 | Overweight Maintained | 13 Feb 2025 |
JMP Securities Greg Miller 0 / 0 met price target | 30%upside $1,200 | Market Outperform Reiterated | 13 Feb 2025 |
Financial journalist opinion
Based on 43 articles about EQIX published over the past 30 days
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