Equinix Inc

Equinix Inc

EQIX

Get informed when a big investor buys or sells

+ Follow
Market Cap$102.88B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Equinix IncEquinix Inc66.81.89%11%10.81.6

Earnings Call Q2 2026

July 29, 2026 - AI Summary

Q2 performance strong; momentum accelerating - MRR up 11% YoY (normalized/constant currency), 3rd straight quarter of double-digit MRR growth - Total revenue up 16% YoY; Adjusted EBITDA margin 53% (+300 bps YoY). Even excluding scale leasing fees, margin up ~150 bps - AFFO per share up 18% YoY - Record net interconnections: +9.7k (most ever) and backlog (sold but not yet installed) at record level - Bookings momentum: Annualized gross bookings +23% YoY; total sales activity +30%+ YoY including presales
Guidance materially raised (big “beat/upgrade” signal) - 2026 guidance raised (largest single guidance raise in company history per management) - Revenue growth: 11%–12% (up at least ~$100M revenue guidance, per CFO) - AFFO per share growth: 10%–12% (up ~+$50M AFFO guidance; excludes FX/dollar mechanics per remarks) - Adjusted EBITDA margin ~51% for 3Q; 2026 adjusted EBITDA margin ~51% (up ~+200 bps vs last year; CFO cited +$62M) - Nonrecurring revenue expected ~~5% of total revenue as a “moderate” long-term normal (per CFO)
Capital intensity increased; capacity build is central to the story - CapEx raised / reiterated: 2026 CapEx expected $5B–$6B (excluding Xcel real estate / xScale; per CFO) - Management expects to double the number of cabinets delivered in the 2H - Long-term CapEx plan: $5B–$7B annually (2027–2029), primarily capacity expansion - Return expectation: new capital should deliver mid-20% yield (management’s target for deployed capital returns)

Exclusive for Stockcircle Pro members

Sign upSign Up
$1216.67

Target Price by Analysts

13.3% upsideEquinix Target Price DetailsTarget Price
$-61.61

Current Fair Value

105.7% downside

Overvalued by 105.7% based on the discounted cash flow analysis.

Share Statistics

Market cap$102.88 Billion
Enterprise Value$125.25 Billion
Dividend Yield$19.70 (1.89%)
Earnings per Share$13.79
Beta0.97
Outstanding Shares98,641,000

Return

Return on Equity10.66%ROE
Return on Assets3.73%
Return on Invested Capital5.91%

Valuation & Multiples

P/E Ratio66.83P/E Ratio
PEG221.58PEG
Price to Sales10.85Price to Sales
Price to Book Ratio7.41Price to Book Ratio
Enterprise Value to Revenue12.77
Enterprise Value to EBIT56.93
Enterprise Value to Net Income81
Total Debt to Enterprise0.19
Debt to Equity1.62Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 29, 2026
EPS Estimate
$4.73
Average shareholder expectation
Revenue Estimate
$2.59 B
Average shareholder expectation

Next Earnings Call

Expected Date
November 4, 2026
EPS Estimate
$4.16
Average shareholder expectation
Revenue Estimate
$2.57 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio9.0435 753.02%
Total Calls2,300 99.50%
Total Puts20,800 97.02%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %32.99% 62.74%
Total Invested$33.11B 63.90%
Investors Holding743 588.00%

ESG Score

No data

About Equinix Inc