(EQIX) Equinix - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US29444U7000

Stock: Data Centers, Connectivity, Cloud, Networks, Interconnection

Total Rating 46

Risk 57

Buy Signal -0.20

REIT - Specialty +2.4
Data Center REITs -2.2

Market Cap: 93,637m
Avg Trading Vol: 620M USD

ATR: 2.57%
Peers RS (IBD): 81.3

Risk 5d forecast
Volatility	25.7%
Relative Tail Risk	-4.94%

Reward TTM
Sharpe Ratio	0.33
Alpha	-8.47

Character TTM
Beta	0.675
Beta Downside	0.741

Drawdowns 3y
Max DD	24.59%
CAGR/Max DD	0.59

EPS (Earnings per Share)

EPS CAGR: 14.48%
EPS Trend: 68.9%

Last SUE: -3.92
Qual. Beats: 0

Revenue

Rev. CAGR: 9.55%
Rev. Trend: 97.7%

Last SUE: 2.44
Qual. Beats: 1

Description: EQIX Equinix March 05, 2026

Equinix, Inc. (EQIX) provides digital infrastructure and data center services. The companys global footprint and interconnected ecosystems facilitate connectivity and support innovations, including AI.

As a Data Center REIT, Equinix operates a real estate-intensive business model, owning and managing facilities that house computing infrastructure for other businesses. This sector benefits from increasing demand for data storage and processing.

To understand the financial implications of this model, further research on ValueRay is recommended.

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income: 1.35b TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA 3.18 > 1.0
NWC/Revenue: 13.33% < 20% (prev 23.98%; Δ -10.65% < -1%)
CFO/TA 0.10 > 3% & CFO 3.91b > Net Income 1.35b
Net Debt (21.00b) to EBITDA (4.17b): 5.03 < 3
Current Ratio: 1.32 > 1.5 & < 3
Outstanding Shares: last quarter (98.4m) vs 12m ago 1.58% < -2%
Gross Margin: 51.21% > 18% (prev 0.49%; Δ 5072 % > 0.5%)
Asset Turnover: 24.56% > 50% (prev 24.93%; Δ -0.37% > 0%)
Interest Coverage Ratio: 3.93 > 6 (EBITDA TTM 4.17b / Interest Expense TTM 536.0m)

Altman Z'' -0.22

A: 0.03 (Total Current Assets 5.12b - Total Current Liabilities 3.89b) / Total Assets 40.14b
B: -0.15 (Retained Earnings -6.10b / Total Assets 40.14b)
C: 0.06 (EBIT TTM 2.11b / Avg Total Assets 37.61b)
D: -0.29 (Book Value of Equity -7.46b / Total Liabilities 25.96b)
Altman-Z'' Score: -0.22 = B

Beneish M -3.37

DSRI: 0.69 (Receivables 1.00b/1.38b, Revenue 9.24b/8.75b)
GMI: 0.96 (GM 51.21% / 48.94%)
AQI: 0.96 (AQ_t 0.25 / AQ_t-1 0.26)
SGI: 1.06 (Revenue 9.24b / 8.75b)
TATA: -0.06 (NI 1.35b - CFO 3.91b) / TA 40.14b)
Beneish M-Score: -3.37 (Cap -4..+1) = AA

What is the price of EQIX shares?

As of March 07, 2026, the stock is trading at USD 937.20 with a total of 688,360 shares traded.
Over the past week, the price has changed by -3.80%, over one month by +11.11%, over three months by +27.35% and over the past year by +9.98%.

Is EQIX a buy, sell or hold?

Equinix has received a consensus analysts rating of 4.46. Therefore, it is recommended to buy EQIX.

StrongBuy: 17
Buy: 7
Hold: 4
Sell: 0
StrongSell: 0

What are the forecasts/targets for the EQIX price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	1027.2	9.6%
Analysts Target Price	1027.2	9.6%

EQIX Fundamental Data Overview March 07, 2026

P/E Trailing = 70.4361
P/E Forward = 59.5238
P/S = 10.112
P/B = 6.726
P/EG = 4.416
Revenue TTM = 9.24b USD
EBIT TTM = 2.11b USD
EBITDA TTM = 4.17b USD
Long Term Debt = 17.60b USD (from longTermDebt, last quarter)
Short Term Debt = 1.64b USD (from shortTermDebt, last quarter)
Debt = 22.73b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 21.00b USD (from netDebt column, last quarter)
Enterprise Value = 113.14b USD (93.64b + Debt 22.73b - CCE 3.23b)
Interest Coverage Ratio = 3.93 (Ebit TTM 2.11b / Interest Expense TTM 536.0m)
EV/FCF = 76.13x (Enterprise Value 113.14b / FCF TTM 1.49b)
FCF Yield = 1.31% (FCF TTM 1.49b / Enterprise Value 113.14b)
FCF Margin = 16.08% (FCF TTM 1.49b / Revenue TTM 9.24b)
Net Margin = 14.61% (Net Income TTM 1.35b / Revenue TTM 9.24b)
Gross Margin = 51.21% ((Revenue TTM 9.24b - Cost of Revenue TTM 4.51b) / Revenue TTM)
Gross Margin QoQ = 50.94% (prev 50.69%)
Tobins Q-Ratio = 2.82 (Enterprise Value 113.14b / Total Assets 40.14b)
Interest Expense / Debt = 0.66% (Interest Expense 151.0m / Debt 22.73b)
Taxrate = 15.38% (48.0m / 312.0m)
NOPAT = 1.78b (EBIT 2.11b * (1 - 15.38%))
Current Ratio = 1.32 (Total Current Assets 5.12b / Total Current Liabilities 3.89b)
Debt / Equity = 1.61 (Debt 22.73b / totalStockholderEquity, last quarter 14.16b)
Debt / EBITDA = 5.03 (Net Debt 21.00b / EBITDA 4.17b)
Debt / FCF = 14.13 (Net Debt 21.00b / FCF TTM 1.49b)
Total Stockholder Equity = 14.07b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.59% (Net Income 1.35b / Total Assets 40.14b)
RoE = 9.59% (Net Income TTM 1.35b / Total Stockholder Equity 14.07b)
RoCE = 6.65% (EBIT 2.11b / Capital Employed (Equity 14.07b + L.T.Debt 17.60b))
RoIC = 5.66% (NOPAT 1.78b / Invested Capital 31.52b)
WACC = 6.87% (E(93.64b)/V(116.36b) * Re(8.40%) + D(22.73b)/V(116.36b) * Rd(0.66%) * (1-Tc(0.15)))
Discount Rate = 8.40% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.94%
[DCF] Terminal Value 78.49% ; FCFF base≈964.8m ; Y1≈737.1m ; Y5≈455.5m
[DCF] Fair Price = N/A (negative equity: EV 10.79b - Net Debt 21.00b = -10.21b; debt exceeds intrinsic value)
EPS Correlation: 68.89 | EPS CAGR: 14.48% | SUE: -3.92 | # QB: 0
Revenue Correlation: 97.72 | Revenue CAGR: 9.55% | SUE: 2.44 | # QB: 1
EPS next Quarter (2026-06-30): EPS=4.13 | Chg7d=-0.029 | Chg30d=+0.361 | Revisions Net=-1 | Analysts=7
EPS current Year (2026-12-31): EPS=16.64 | Chg7d=-0.090 | Chg30d=+1.309 | Revisions Net=+6 | Growth EPS=+13.5% | Growth Revenue=+10.8%
EPS next Year (2027-12-31): EPS=17.58 | Chg7d=-0.033 | Chg30d=+0.402 | Revisions Net=+4 | Growth EPS=+5.6% | Growth Revenue=+8.6%
[Analyst] Revisions Ratio: -0.33 (1 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 7.0% (Discount Rate 8.4% - Earnings Yield 1.4%)
[Growth] Growth Spread = +4.4% (Analyst 11.4% - Implied 7.0%)

Additional Sources for EQIX Stock

Fund Manager Positions: Dataroma | Stockcircle