EQIX Stock Analysis: Equinix | NASDAQ
REIT - Specialty | NASDAQ, USA | Market Cap: 101.806m USD | 12M Return: 30% | US29444U7000 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 505M
EPS Trend: 92.5%
Qual. Beats: 1
Rev. Trend: 99.0%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Equinix, Inc. (NASDAQ: EQIX) is a global digital infrastructure company headquartered in Redwood City, California, founded in 1998 and publicly listed since 2000. The company operates an extensive network of data centers and interconnected ecosystems that enable enterprises to deploy digital services, including AI workloads, across geographies with low-latency connectivity. Equinix is classified as a Data Center REIT under the GICS Real Estate sector, meaning it operates under a real estate investment trust structure that leases data center capacity, power, and interconnection services to businesses, cloud providers, and networks worldwide.
- AI-driven data center demand fuels Equinixs hyperscale leasing growth
- Interest rate sensitivity pressures data center REIT valuations and capex
- Cross-connect and interconnection revenue expands as enterprises migrate to hybrid cloud
| Net Income: 1.53b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 3.23 > 1.0 |
| NWC/Revenue: 5.11% < 20% (prev 25.82%; Δ -20.71% < -1%) |
| CFO/TA 0.10 > 3% & CFO 3.94b > Net Income 1.53b |
| Net Debt (24.8b) to EBITDA (4.49b): 5.52 < 3 |
| Current Ratio: 1.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (99.1m) vs 12m ago 1.11% < -2% |
| Gross Margin: 51.60% > 18% (prev 50.11%; Δ 1.50% > 0.5%) |
| Asset Turnover: 24.59% > 50% (prev 23.02%; Δ 1.57% > 0%) |
| Interest Coverage Ratio: 3.99 > 6 (EBIT TTM 2.30b / Interest Expense TTM 578.0m) |
| A: 0.01 (Total Current Assets 4.32b - Total Current Liabilities 3.82b) / Total Assets 41.1b |
| B: 0.17 (Retained Earnings 7.00b / Total Assets 41.1b) |
| C: 0.06 (EBIT TTM 2.30b / Avg Total Assets 40.0b) |
| D: 0.54 (Book Value of Equity 14.4b / Total Liabilities 26.7b) |
| Altman-Z'' = 1.59 = BB |
| DSRI: 1.01 (Receivables 1.26b/1.14b, Revenue 9.83b/8.94b) |
| GMI: 0.97 (GM 50.11% / 51.60%) |
| AQI: 1.01 (AQ_t 0.25 / AQ_t-1 0.25) |
| SGI: 1.10 (Revenue 9.83b / 8.94b) |
| TATA: -0.06 (NI 1.53b - CFO 3.94b) / TA 41.1b) |
| Beneish M = -2.98 (Cap -4..+1) = A |
As of October 12, 2026, the stock is trading at USD 1026.06 with a total of 318,078 shares traded. Over the past week, the price has changed by +0.03%, over one month by -1.12%, over three months by -0.82% and over the past year by +29.98%.
Current recommended Stop Loss: 972.30 (which is 5.2% or 2 ATR below the current price).
Equinix has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy EQIX.
- StrongBuy: 23
- Buy: 5
- Hold: 6
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 1234.2 | 20.3% |
P/E Trailing = 66.3945
P/E Forward = 52.0833
P/S = 10.2793
P/B = 7.2673
P/EG = 2.9822
Revenue TTM = 9.83b USD
EBIT TTM = 2.30b USD
EBITDA TTM = 4.49b USD
Long Term Debt = 18.5b USD (from longTermDebt, last quarter)
Short Term Debt = 1.51b USD (from shortTermDebt, last quarter)
Debt = 27.0b USD (from shortLongTermDebtTotal, last quarter) + Leases 3.65b
Net Debt = 24.8b USD (calculated: Debt 27.0b - CCE 2.22b)
Enterprise Value = 127b USD (102b + Debt 27.0b - CCE 2.22b)
Interest Coverage Ratio = 3.99 (Ebit TTM 2.30b / Interest Expense TTM 578.0m)
EV/FCF = 92.40x (Enterprise Value 127b / FCF TTM 1.37b)
FCF Yield = 1.08% (FCF TTM 1.37b / Enterprise Value 127b)
FCF Margin = 13.94% (FCF TTM 1.37b / Revenue TTM 9.83b)
Net Margin = 15.60% (Net Income TTM 1.53b / Revenue TTM 9.83b)
Gross Margin = 51.60% ((Revenue TTM 9.83b - Cost of Revenue TTM 4.76b) / Revenue TTM)
Gross Margin QoQ = 53.14% (prev 51.47%)
Tobins Q-Ratio = 3.08 (Enterprise Value 127b / Total Assets 41.1b)
Interest Expense / Debt = 2.14% (Interest Expense 578.0m / Debt 27.0b)
Taxrate = 10.26% (175.0m / 1.71b)
NOPAT = 2.07b (EBIT 2.30b * (1 - 10.26%))
Current Ratio = 1.13 (Total Current Assets 4.32b / Total Current Liabilities 3.82b)
Debt / Equity = 1.88 (Debt 27.0b / totalStockholderEquity, last quarter 14.4b)
Debt / EBITDA = 5.52 (Net Debt 24.8b / EBITDA 4.49b)
Debt / FCF = 18.09 (Net Debt 24.8b / FCF TTM 1.37b)
Total Stockholder Equity = 14.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.84% (Net Income 1.53b / Total Assets 41.1b)
RoE = 10.76% (Net Income TTM 1.53b / Total Stockholder Equity 14.2b)
RoCE = 7.03% (EBIT 2.30b / Capital Employed (Equity 14.2b + L.T.Debt 18.5b))
RoIC = 5.40% (NOPAT 2.07b / Invested Capital 38.3b)
WACC = 6.72% (E(102b)/V(129b) * Re(7.99%) + D(27.0b)/V(129b) * Rd(2.14%) * (1-Tc(0.10)))
Discount Rate = 7.99% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 96.05 | Cagr: 1.84%
[DCF] Terminal Value 77.97% ; FCFF base≈838.8m ; Y1≈961.5m ; Y5≈1.42b
[DCF] Fair Price = N/A (negative equity: EV 21.3b - Net Debt 24.8b = -3.48b; debt exceeds intrinsic value)
EPS Correlation: 92.53 | EPS CAGR: 29.09% | SUE: 4.0 | # QB: 1
Revenue Correlation: 99.04 | Revenue CAGR: 7.00% | SUE: 1.85 | # QB: 1
EPS current Quarter (2026-09-30): EPS=3.96 | Chg30d=-1.94% | Revisions=-29% | Analysts=6
EPS current Year (2026-12-31): EPS=17.71 | Chg30d=-0.98% | Revisions=+17% | GrowthEPS=+20.8% | GrowthRev=+11.6%
EPS next Year (2027-12-31): EPS=18.53 | Chg30d=-0.88% | Revisions=-22% | GrowthEPS=+4.6% | GrowthRev=+10.9%
[Analyst] Revisions Ratio: -19% (up=5, down=8)