Equinix (EQIX)
NASDAQReal EstateReit - SpecialtySnapshot 2026-11-04
$1054.09+3.91%
Close 2026-11-04 · 1-day change
NASDAQReal EstateReit - SpecialtySnapshot 2026-11-04
Research Workspace
Put EQIX beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Real Estate is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is accelerating — up about 11% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 40%, softest on free-cash-flow margins.
View QualityManagement screens strong on capital allocation, earnings delivery, margins, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskEquinix's AI data center expansion must keep compounding to justify the price. Revenue grew 11% in the latest quarter. The company raised full-year revenue guidance by $100 million. It trades at 27x P/FFO versus a 12x peer median. The price reflects less growth than we forecast. A 36% drop in pre-tax profits challenges margin goals. Peer multiples imply a price about 5% below where it trades. Our read remains intact. This read is provisional.
Trailing returns as of 2026-11-04. EQIX is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 35 analysts currently covering EQIX (as of Nov 2026).
Based on 15 Wall Street analysts offering 12-month price targets for EQIX in the last 4 months.
Continue this research
Compare EQIX with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Compare now without an account. Saving and monitoring require an account.
| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| EQIX Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 7 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Real Estate (broad) — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put EQIX next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Grow revenue through demand for connectivity, cloud and AI infrastructure
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $1054.09
The last 12 months of price, then the range of analyst 12-month targets from today’s $1054.09.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Record bookings confirm strong AI infrastructure demand.
Advances: Grow revenue through demand for connectivity, cloud and AI infrastructure
Official earnings-call transcript provides management commentary and results relevant to demand, capacity, margins, and dividends.
Advances: Grow revenue through demand for connectivity, cloud and AI infrastructure
Reported profit beat and share-price rise support execution, though the headline gives limited detail on underlying drivers.
Advances: Grow revenue through demand for connectivity, cloud and AI infrastructure
Raised full-year outlook and forecast Q4 growth confirm sustained demand-driven revenue momentum.
Advances: Expand revenue by 10-13% annually through 2029
AI investments align with revenue growth objectives.
Threatens: Increase adjusted EBITDA margin to 53%+ by 2029
Decline in profits may hinder EBITDA margin goals.
Advances: Expand revenue by 10-13% annually through 2029
Positions company well for revenue growth through AI demand.
Advances: Expand revenue by 10-13% annually through 2029
AI demand supports revenue growth objective.
