Equinix (EQIX)
NASDAQReal EstateReit - SpecialtySnapshot 2026-09-04
$1035.98-0.47%
Close 2026-09-04 · 1-day change
NASDAQReal EstateReit - SpecialtySnapshot 2026-09-04
QuarterlyIQ Insights · EQIX
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 18.9% |
| Our one-year growth estimate | diamond | 11.8% |
Growth built into the price is above our model estimate.
The price assumes 7.1 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Model as of 2026-09-04 · Compared with 13 industry peers · Company calendar date is not available
EQIX — debt issuance
Dated 2026-08-06
Other Events Issuances of $850,000,000 Senior Notes due 2029, $850,000,000 Senior Notes due 2031, $650,000,000 Senior Notes due 2033 and $650,000,000 Senior Notes due 2036 On August 6, 2026, Equinix, Inc. (“ Parent ”), a Delaware corporation, issued and sold $850,000,000 aggregate principal amount of its 5.000% Senior Notes due 2029 (the “ 2029 Notes ”), $650,000,000 aggregate principal amount of its 5.500% Senior Notes due 2033 (the “ 2033 Notes ”) and $650,000,000 aggregate principal amount…
Why it matters: Reaching this goal shows strong operations and good cash flow.
Supportive ifQ2 AFFO per share is confirmed at or above $10.79.
Worry ifQ2 AFFO per share falls below $10.79.
Why it matters: The new CFO's methods could change financial results and strategy.
Watch forThere are good financial results after the new CFO's strategies.
Also watch forThere are poor financial results showing problems under new leadership.
Why it matters: A slowdown in revenue growth could signal weakening demand and impact future guidance.
Worry ifQ3 revenue growth reported below 9% year over year.
Less concerning ifQ3 revenue growth meets or exceeds 10% year over year.
Why it matters: New leaders can change focus and affect financial plans.
Watch forThe new CFO, Olivier Leonetti, announced new plans.
Also watch forNo significant updates or changes in strategy from the new CFO.
Why it matters: Higher bookings indicate strong demand for services. This can lead to revenue growth.
Supportive ifGross bookings reported above $474 million.
Worry ifGross bookings reported below $474 million.
Why it matters: This acquisition could help Equinix grow in the Nordics and increase growth.
Supportive ifThe atNorth purchase is now complete.
Worry ifThere is a delay or cancellation of the atNorth acquisition.
Why it matters: More bookings show strong demand. This can help increase revenue and meet goals.
Supportive ifAnnualized gross bookings increase by more than 20% year over year.
Worry ifAnnualized gross bookings increase by less than 10% year over year.
Why it matters: The acquisition may increase AFFO per share. This shows growth in the Nordics.
Supportive ifAFFO per share is increasing due to the atNorth acquisition.
Worry ifAFFO per share is flat or declining. This means the acquisition did not add value.
Why it matters: This growth rate matches management's goal and shows strong performance.
Supportive ifAFFO growth of 12% or better compared to Q2 2025.
Worry ifAFFO growth falls below 12% YoY in Q2.
Why it matters: Hitting this growth target shows strong cash flow. It shows a commitment to value for shareholders.
Supportive ifDividend per share increases by 8% or more.
Worry ifDividend per share increases by less than 8%.
Why it matters: Hitting or beating this goal shows strong demand and good execution. This helps growth.
Supportive ifQ3 revenue was $2.525 billion or more. This shows strong performance.
Worry ifQ3 revenue was below $2.525 billion. This suggests weaker demand.
Why it matters: Keeping this margin shows good cost control and efficiency.
Supportive ifAdjusted EBITDA margin was 51% or more for Q3.
Worry ifAdjusted EBITDA margin was below 51%. This shows possible cost problems.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$96 on $10,000 · ±1.0% | How much price usually moves either way. |
| Bad day | $207 loss on $10,000 · 2.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,365 loss on $10,000 · 13.7% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.