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Equinix stock

EQIXNASDAQ

Equinix, Inc., Real EstateISIN US29444U7000

$1,068.06▲ $18.06 (+1.7%)Closing price of 11 Nov 2026

60Score 60 out of 100, Neutral

Turn on early warning

Price and trend

67 / 100

Price history

+30% in one year

The chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

Long-term trend

Above the 200-day line: the price is 4.7% above it.

Trend change

Since November 2026 the 50-day line has been below the 200-day line; the trend has turned down.

Momentum

Normal: the price is neither overheated nor sold off (RSI 68).

Distance to the high

The price is 4.3% below its 52-week high. Largest decline in 20 years: 70% (October 2007 to November 2008).

Chart figures for advanced users
SMA 50$1,017.79
Average price of the last 50 trading days, shows the short-term trend.
SMA 200$1,020.04
Average price of the last 200 trading days, shows the long-term trend.
RSI (14)68
Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDabove the signal line
Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$726.09
The lowest closing price of the last twelve months.
Resistance$1,115.94
The highest closing price of the last twelve months.
Market cap
$105.73B
Div. yield
1.89%
12 months
64.3
says little for REITs
54.7
on earnings for the next twelve months ($19.51 per share)
Fair value
$992.34

Snapshot

Computed from the data by fixed rules, no AI

  • Equinix, Inc. belongs to the REIT (Specialty) industry (United States) and, with a market value of $105.73B, is the largest of 16 companies in its industry on MEQIRI.
  • In fiscal 2025 it reported revenue of $9.26B (up 5.9% year on year) and earnings of $1.35B (up 65.6%).
  • For fiscal 2026, analysts expect on average revenue of $10.34B (up 11.6%) and adjusted earnings per share of $18.12 (up 31.4%).
Show more
  • MEQIRI Score 60 out of 100 (Neutral): rank 87 of 327 in Real Estate, median 55.
  • The P/E is 64.3 (REIT (Specialty) median 32.9, own median of recent years 103.6).
  • For real estate investment trusts (REITs) what counts is funds from operations (FFO and AFFO). The P/E and the payout ratio of earnings say little here, because depreciation on properties depresses earnings.
  • Our model puts fair value at $992.34, with the price 8% above it.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

  • Earnings per share growingUp 26.7% a year since 2020.Growth 88
  • Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 59
  • Reliable dividendNo dividend cut for 12 years.

Weaknesses

  • DilutionShare count up 12% since 2020.Capital allocation 36
60/ 100
MEQIRI Score
Neutral

Its standout strengths are growth and momentum, while capital allocation and valuation hold the score back.

Daily figure as of 12 Nov 2026

How the score is calculated

Score overview

The fundamentals are in the middle range.

Profit consistency100% of years
Cash conversion (free cash flow to earnings, 12 months)71%
ROIC (12 months)5.8%
Positive free cash flow50% of years
How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk medium

How well MEQIRI warns

In the middle among stocks ranked 101 to 1,000.

From 2016 to 2025, 13 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.

What drives the risk

  • high growth grade (crashed more often in the backtest)

What lowers it

  • price near its 52-week high
  • calm price action

Valuation

Valuation signal

Fairly valued
Price
$1,068.06
Fair value
$992.34
Gap to fair value
+8%

In our model the price counts as cheap below $763.34 and expensive above $1,417.63 (uncertainty medium, based on the price swings of the past year).

The two parts of the fair value come to $1,236.90 (cash-flow model) and $747.78 (industry comparison), and the gap between them shows how uncertain the estimate is.

Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $883.90, at 7.8% it would be $1,155.45.

Valuation metrics

6.66
27.6
Fair value (model)
$992.34
Industry part $747.78 (FFO × 19.1)

Half from the cash-flow model, half from FFO per share times the median price to FFO of the REIT industry (19.1). For REITs, depreciation on buildings depresses earnings, so FFO counts instead of earnings, here following the industry rule (Nareit) from the filings with the SEC: gains on property sales are deducted where the company reports them in the standard items. The cash-flow model uses AFFO: operating cash flow less maintenance, estimated at 4% of revenue, and less preferred dividends. New construction and acquisitions do not count as running costs there.

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

20 years

In the twelve months to 30 Sep 2026, revenue rose 11.3% on the twelve months before. Revenue has grown strongly since 2006, at around 20% per year.

Margins

20 years
  • Gross margin
  • Operating margin
  • Net margin

In fiscal 2025: gross 51%, operating 20%, net 15%.

Debt & balance sheet

latest quarter
1.81
3.5x
1.29
Cash & equivalents
$3.6B

Debt is elevated. Keep an eye on the interest burden and refinancing.

Earnings

Next earnings
10 Feb 2027in 90 days
Last reported
28 Oct 2026EPS reported $4.93 (expected $4.11)above expectations

Analyst estimates

Analysts have raised their 2026 earnings estimate by 5.3% since 15 Oct 2026.

Fiscal 202621 analysts
Earnings per share
$18.12+5.3%
Revenue
$10.34B+0.6%
Fiscal 202723 analysts
Earnings per share
$19.73+3.9%
Revenue
$11.5B+0.9%

MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

Company outlook raised

Share price after the results: +3.7%

Equinix raised its 2026 full-year guidance: revenue growth now about 12%, revenue raised by $100 million, recurring revenue growth guided at 10% to 11%.

Supporting passage from the call, verbatim
“For the fourth quarter, we expect continuing strength, including year-over-year monthly recurring revenue growth of 10% to 11% and total revenue growth of 12% to 13%. For the full year, we are raising guidance for the following key items: total revenue by $100 million to approximately 12% growth year-over-year.”

The outlook is not part of the score and not a recommendation to buy or sell.

From the earnings call on 28 Oct 2026 (fiscal Q3 2026), read by AI.

Insiders

Open-market purchases and sales by executives, board members and major holders

All insider purchases

No open-market purchases in the last 6 months. 5 insiders sold, $11.44M in total.

Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.

  • Pletcher KurtSale

    6 Nov 2026, Chief Legal Officer

    Shares
    198
    Price
    $1,014.18
    Value
    $200,808
  • Paladin Michael ShaneSale

    4 Sept 2026, Chief Customer & Rev Officer

    Shares
    307
    Price
    $1,035.01
    Value
    $317,748
  • Paladin Michael ShaneSale

    2 Sept 2026, Chief Customer & Rev Officer

    Shares
    203
    Price
    $1,015.71
    Value
    $206,190
Show 6 more
  • Pletcher KurtSale

    20 Aug 2026, Chief Legal Officer

    Shares
    135
    Price
    $1,075.50
    Value
    $145,193
  • Paisley Christopher BSale

    18 Aug 2026, Board

    Shares
    125
    Price
    $1,103.58
    Value
    $137,948
  • Paisley Christopher BSale

    3 Aug 2026, Board

    Shares
    4,000
    Price
    $1,019.28
    Value
    $4.08M
  • Morandi Brandi GalvinSale

    8 Jun 2026, Chief People Officer

    Shares
    3,726
    Price
    $1,076.36
    Value
    $4.01M
  • Abdel RaoufSale

    22 May 2026, EVP, Global Operations

    Shares
    2,040
    Price
    $1,083.47
    Value
    $2.21M
  • Paisley Christopher BSale

    18 May 2026, Board

    Shares
    125
    Price
    $1,060.29
    Value
    $132,536

Partial trades from one filing are shown in one row, with the average price.

Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.

What happened at Equinix

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparison

327 rated companies in Real Estate

Rank 87 of 327
87/ 327
This company
60
Sector median
55

Categories against the sector median

ProfitabilityMedian of 327 companies60 (median 57)3 above the median
GrowthMedian of 327 companies88 (median 55)33 above the median
FundamentalsMedian of 327 companies59 (median 62)3 below the median
ValuationMedian of 315 companies with a value28 (median 68)40 below the median
StabilityMedian of 327 companies53 (median 56)3 below the median
Capital allocationMedian of 327 companies36 (median 32)4 above the median
Technical analysisMedian of 327 companies67 (median 59)8 above the median
MomentumMedian of 327 companies70 (median 51)19 above the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in REIT (Specialty)

The next smaller companies by market value

All 16 REIT (Specialty) stocks

ETFs that hold Equinix

Held by 123 ETFs on Xetra. Shown per index: the ETF with the largest weight.

Show 5 more

Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).

Data status and sources

Score
Daily value of 12 Nov 2026, recalculated nightly
Price
Closing price of 11 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 9 Jan 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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