Scotiabank Increases Equinix (NASDAQ:EQIX) Price Target to $997.00

Equinix (NASDAQ:EQIX) had its price objective raised by analysts at Scotiabank from $959.00 to $997.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “sector outperform” rating on the financial services provider’s stock. Scotiabank’s price target would suggest a potential upside of 14.93% from the stock’s current price.

A number of other analysts have also recently commented on the stock. Daiwa Securities Group set a $917.00 price target on shares of Equinix and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Equinix in a research note on Thursday, January 22nd. Citigroup reissued a “buy” rating on shares of Equinix in a research report on Thursday. Guggenheim restated a “buy” rating and issued a $985.00 price objective on shares of Equinix in a research note on Thursday. Finally, The Goldman Sachs Group downgraded Equinix from a “buy” rating to a “neutral” rating and set a $795.00 target price for the company. in a research note on Thursday, December 18th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $967.48.

Equinix Stock Performance

EQIX opened at $867.52 on Thursday. The business’s 50-day simple moving average is $783.75 and its 200 day simple moving average is $787.35. Equinix has a 52-week low of $701.41 and a 52-week high of $953.41. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.62 and a current ratio of 1.62. The firm has a market capitalization of $85.18 billion, a PE ratio of 79.44, a PEG ratio of 1.33 and a beta of 1.06.

Insider Buying and Selling

In related news, Chairman Charles J. Meyers sold 2,094 shares of the stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $804.14, for a total transaction of $1,683,869.16. Following the sale, the chairman owned 13,253 shares of the company’s stock, valued at $10,657,267.42. This represents a 13.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Michael Shane Paladin sold 327 shares of the business’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $804.36, for a total value of $263,025.72. Following the completion of the transaction, the insider directly owned 952 shares of the company’s stock, valued at approximately $765,750.72. This trade represents a 25.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 19,490 shares of company stock valued at $15,281,999 in the last quarter. Corporate insiders own 0.27% of the company’s stock.

Institutional Investors Weigh In On Equinix

A number of large investors have recently modified their holdings of EQIX. Brighton Jones LLC boosted its stake in Equinix by 28.9% in the fourth quarter. Brighton Jones LLC now owns 326 shares of the financial services provider’s stock valued at $307,000 after buying an additional 73 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of Equinix by 11.5% in the first quarter. Integrated Wealth Concepts LLC now owns 522 shares of the financial services provider’s stock worth $425,000 after acquiring an additional 54 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of Equinix by 21.8% in the 1st quarter. Empowered Funds LLC now owns 3,050 shares of the financial services provider’s stock valued at $2,487,000 after purchasing an additional 546 shares in the last quarter. CWM LLC grew its holdings in shares of Equinix by 58.2% during the 2nd quarter. CWM LLC now owns 2,822 shares of the financial services provider’s stock valued at $2,245,000 after purchasing an additional 1,038 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its holdings in shares of Equinix by 5.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,132 shares of the financial services provider’s stock valued at $1,696,000 after purchasing an additional 116 shares during the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Key Headlines Impacting Equinix

Here are the key news stories impacting Equinix this week:

• Positive Sentiment: Management issued upbeat 2026 guidance and said AI-related data-center demand should push annual revenue above consensus; the outlook and commentary on strong bookings drove the post-close rally. Article Title
• Positive Sentiment: Equinix reported record annualized gross bookings ($474M in Q4; $1.6B for 2025), accelerating MRR growth and 500k+ interconnections — metrics that support durable recurring revenue and margin leverage. Article Title
• Positive Sentiment: The board raised the quarterly dividend 10% to $5.16 (11th consecutive year of increases since REIT conversion), supporting income investor appeal and signaling confidence in cash flow. Article Title
• Positive Sentiment: Major analysts reiterated/raised Buy ratings and lifted price targets (TD Cowen reiterated Buy with a $1,123 target; BMO raised its target to $1,050), reflecting confidence that bookings and AFFO acceleration justify higher valuation. TD Cowen Note BMO Note
• Neutral Sentiment: Company filed updated federal tax disclosures related to its REIT status — procedural but material for tax/compliance considerations; likely low near-term market impact. Article Title
• Neutral Sentiment: Full Q4 earnings call transcript and company slide deck are available for investors to review operational details and management commentary. Earnings Call Transcript
• Negative Sentiment: Reported Q4 FFO and revenue slightly missed consensus (FFO $8.91 vs. ~$9.08 estimate; revenue $2.42B vs. ~$2.46B), which is the reason for caution — although management’s stronger forward guide appears to have outweighed the miss in market reaction. Article Title

About Equinix

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.