Equinix (NASDAQ:EQIX) Updates FY 2025 Earnings Guidance

Equinix (NASDAQ:EQIX) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 36.690-37.510 for the period, compared to the consensus earnings per share estimate of 38.080. The company issued revenue guidance of $9.0 billion-$9.1 billion, compared to the consensus revenue estimate of $9.5 billion. Equinix also updated its Q1 2025 guidance to EPS.

Analyst Upgrades and Downgrades

EQIX has been the subject of several research reports. JMP Securities reiterated a “market outperform” rating and set a $1,200.00 price objective on shares of Equinix in a research note on Thursday. TD Cowen increased their price target on Equinix from $865.00 to $984.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Stifel Nicolaus boosted their price objective on Equinix from $995.00 to $1,080.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Scotiabank increased their target price on Equinix from $985.00 to $1,114.00 and gave the company a “sector outperform” rating in a research note on Thursday, January 23rd. Finally, BMO Capital Markets dropped their target price on Equinix from $1,085.00 to $1,065.00 and set an “outperform” rating on the stock in a report on Thursday. Three research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Equinix presently has a consensus rating of “Buy” and an average price target of $999.59.

Equinix Stock Down 1.9 %

EQIX traded down $18.16 during trading on Thursday, hitting $917.04. The company had a trading volume of 454,611 shares, compared to its average volume of 488,978. Equinix has a 1-year low of $684.14 and a 1-year high of $994.03. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.16 and a quick ratio of 1.16. The company has a market cap of $88.49 billion, a PE ratio of 82.67, a P/E/G ratio of 2.23 and a beta of 0.72. The business has a 50-day moving average of $936.92 and a 200-day moving average of $894.76.

Equinix (NASDAQ:EQIX) last issued its earnings results on Wednesday, February 12th. The financial services provider reported $7.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.75 by $5.17. Equinix had a net margin of 12.29% and a return on equity of 8.34%. As a group, analysts forecast that Equinix will post 31.09 earnings per share for the current year.

Equinix Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, February 26th will be issued a $4.69 dividend. This represents a $18.76 dividend on an annualized basis and a yield of 2.05%. This is an increase from Equinix’s previous quarterly dividend of $4.26. Equinix’s payout ratio is currently 153.65%.

Insider Buying and Selling at Equinix

In other Equinix news, CEO Adaire Fox-Martin sold 2,965 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $961.62, for a total value of $2,851,203.30. Following the transaction, the chief executive officer now owns 3,069 shares of the company’s stock, valued at $2,951,211.78. This trade represents a 49.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Raouf Abdel sold 1,331 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $903.71, for a total value of $1,202,838.01. Following the transaction, the executive vice president now directly owns 6,579 shares of the company’s stock, valued at $5,945,508.09. This trade represents a 16.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 16,801 shares of company stock worth $15,530,564 over the last 90 days. Insiders own 0.27% of the company’s stock.

Equinix Company Profile

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 the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.