Equinix (NASDAQ:EQIX) Issues Quarterly Earnings Results

Equinix (NASDAQ:EQIX) announced its quarterly earnings data on Wednesday. The financial services provider reported $8.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.08 by ($0.17), Zacks reports. The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.46 billion. Equinix had a net margin of 11.82% and a return on equity of 7.70%. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the prior year, the company posted $7.92 EPS.

Here are the key takeaways from Equinix’s conference call:

• Bookings and recurring revenue accelerated: Q4 annualized gross bookings were $474 million (2025 total annualized bookings $1.6 billion, +27% YoY) and monthly recurring revenue rose ~10% in Q4 (8% for the full year), driving a record pipeline and backlog.
• AI is a major growth driver: About 60% of the largest deals in Q4 were AI-driven (AI deals showed ~33% higher power density), with notable wins including Salesforce, Hudson River Trading, Alembic and Honeywell, underscoring enterprise adoption beyond hyperscalers.
• Upgraded 2026 financial outlook: Management expects revenue growth of 9–10%, MRR +8–10%, adjusted EBITDA margin ~51% (200 bps improvement) and AFFO per share +8–10%, while raising the quarterly dividend by ~10%.
• Timing and investment profile: the Hampton xScale lease moved from Q4 into Q1 (timing, not cancellation), Equinix plans xScale deployment via JVs (no on‑balance sheet xScale spend assumed) and guides 2026 CapEx of $3.7–4.2 billion with net leverage around 3.8x, reflecting heavy near‑term investment that bears watching.

Equinix Stock Performance

Shares of Equinix stock traded up $10.78 on Wednesday, reaching $867.52. The stock had a trading volume of 650,526 shares, compared to its average volume of 502,735. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.62 and a current ratio of 1.62. Equinix has a fifty-two week low of $701.41 and a fifty-two week high of $953.41. The business’s 50-day moving average price is $781.06 and its two-hundred day moving average price is $786.78. The stock has a market cap of $85.18 billion, a P/E ratio of 22.95, a price-to-earnings-growth ratio of 1.33 and a beta of 1.06.

Insider Buying and Selling at Equinix

In other Equinix news, insider Brandi Galvin Morandi sold 1,333 shares of the company’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $804.25, for a total transaction of $1,072,065.25. Following the sale, the insider directly owned 9,551 shares of the company’s stock, valued at approximately $7,681,391.75. This represents a 12.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Adaire Fox-Martin sold 2,894 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $731.09, for a total transaction of $2,115,774.46. Following the sale, the chief executive officer directly owned 12,366 shares of the company’s stock, valued at approximately $9,040,658.94. This trade represents a 18.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 19,490 shares of company stock worth $15,281,999 over the last three months. 0.27% of the stock is currently owned by insiders.

Institutional Trading of Equinix

A number of institutional investors and hedge funds have recently bought and sold shares of EQIX. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Equinix by 408.1% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,186,497 shares of the financial services provider’s stock worth $929,312,000 after acquiring an additional 953,001 shares during the last quarter. Woodline Partners LP lifted its holdings in shares of Equinix by 1,512.2% in the 3rd quarter. Woodline Partners LP now owns 170,199 shares of the financial services provider’s stock valued at $133,307,000 after acquiring an additional 159,642 shares during the last quarter. Alyeska Investment Group L.P. boosted its stake in Equinix by 38.0% during the third quarter. Alyeska Investment Group L.P. now owns 262,983 shares of the financial services provider’s stock worth $205,979,000 after buying an additional 72,384 shares during the period. Rush Island Management LP purchased a new stake in Equinix in the 2nd quarter worth about $41,465,000. Finally, AQR Capital Management LLC lifted its stake in shares of Equinix by 35.9% during the 3rd quarter. AQR Capital Management LLC now owns 195,883 shares of the financial services provider’s stock worth $153,067,000 after acquiring an additional 51,747 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Wall Street Zen lowered shares of Equinix from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. Truist Financial lifted their target price on Equinix from $961.00 to $973.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. HSBC set a $1,050.00 target price on Equinix and gave the company a “buy” rating in a report on Thursday, January 15th. Zacks Research lowered Equinix from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 19th. Finally, TD Cowen restated a “buy” rating on shares of Equinix in a report on Thursday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $959.64.

Equinix News Summary

Here are the key news stories impacting Equinix this week:

• Positive Sentiment: Management raised its annual revenue forecast and said AI-linked data‑center demand is driving growth; the outlook helped lift sentiment. Equinix forecasts annual sales above estimates on AI data center demand
• Positive Sentiment: Company issued a robust 2026 outlook: Q4 monthly recurring revenue (MRR) +10% YoY, record annualized gross bookings, >500k interconnections (strength in enterprise/AI cloud connectivity) — signals durable demand and backlog. Equinix Provides Robust 2026 Outlook
• Positive Sentiment: Board increased the quarterly dividend 10% to $5.16 (11th consecutive annual raise since REIT conversion) — supports income investor demand and signals confidence in cash flow. Equinix Increases Quarterly Dividend
• Neutral Sentiment: Equinix filed an updated description of U.S. federal tax considerations for its REIT status — a routine regulatory/tax disclosure that investors should note but that doesn’t change operations. Equinix Updates Federal Tax Considerations for REIT Status
• Neutral Sentiment: Recent articles highlight Equinix’s positioning in the growing AI/data‑center market (sector tailwind); useful context for long‑term thesis but not new company-specific news. Equinix Positioned for Growth
• Negative Sentiment: Q4 results missed on FFO ($8.91 vs. Zacks/consensus ~9.07/9.08) and revenue ($2.42B vs. ~$2.46B), which is a short-term earnings headwind and explains some investor caution despite the upbeat guide. Equinix (EQIX) Misses Q4 FFO and Revenue Estimates

Equinix Company Profile

Equinix, Inc is a global provider of digital infrastructure and interconnection services, specializing in carrier-neutral data centers and colocation. The company operates a platform that enables enterprises, cloud and network service providers, and content companies to colocate IT infrastructure, interconnect directly with partners and providers, and access cloud on-ramps and network services in a secure, low-latency environment.

Equinix’s offerings include traditional colocation space and power, cross-connects and meet-me rooms, and a suite of connectivity and on-demand services designed for hybrid multicloud architectures.