EQIX · NMS S&P 500

Equinix, Inc.

Real estate · REIT - Specialty

$1,050.00 −$4.50 (−0.43%) today

Closing price on Nov 10, 2026 · Source: Yahoo Finance

Consensus of 35 analysts

Buy

Median price target $1,230.00 +17.1%

Open: $1,043.28
Day range: 1,036.33 – $1,064.86
52-week range: 720.62 – $1,128.68
Volume: 666,474
Market cap: $103,938M
P/E (TTM): 63.1x
EPS (TTM): $16.65
EPS est. 2026: $18.74
P/E est. 2026: 56.0x
Dividend yield: 1.9%
Beta: 0.97
Payout: 121%

Equinix financials

Q3 2026 results, quarter ended Sep 30, 2026

Metric	Q3 2026	1-year change
Total revenue	$2,571M	+11.0%
Net income	$489M	+30.7%
Earnings per share	$4.93	+29.4%
Net margin	19.0%	+2.9 pp
Free cash flow	−$315M	n/s
Debt / equity	1.82	+22.6%

Revenue and net income ($M)

Total revenueNet income

Quarter	Total revenue	Net income
Q3 2025	$2,316M	$374M
Q4 2025	$2,420M	$265M
Q1 2026	$2,444M	$415M
Q2 2026	$2,625M	$479M
Q3 2026	$2,571M	$489M

Equinix earnings per share (EPS)

Consensus estimates

Period	EPS est.	1-year change
Current quarterQ4 2026 · Analysts: 5	$4.2903.79 – 4.55	+27.2%$3.373
Next quarterQ1 2027 · Analysts: 3	$5.2905.04 – 5.72	+26.9%$4.168
Current year2026 · Analysts: 3	$18.73718.38 – 19.08	+27.8%$14.660
Next year2027 · Analysts: 6	$20.69519.26 – 23.41	+10.5%$18.737

Forward P/E: 56.0x (2026) and 50.7x (2027) at the current price.

Actual and estimated EPS ($)

Actual EPSEstimated EPS

Quarter	Actual EPS	Estimated EPS
Q3 2025	$3.810	—
Q4 2025	$3.373	$3.878
Q1 2026	$4.168	$4.333
Q2 2026	$5.099	$4.795
Q3 2026	$5.219	$3.958
Q4 2026	—	$4.290
Q1 2027	—	$5.290

Year	Actual EPS	Estimated EPS
2022	$7.670	—
2023	$10.310	—
2024	$8.500	—
2025	$13.760	—
2026	—	$18.737
2027	—	$20.695

EPS trend

Quarter	EPS	YoY change
Q1 2027Estimated	$5.290	+26.9%
Q4 2026Estimated	$4.290	+27.2%
Q3 2026	$5.219est. $3.958 · surprise +31.9%	+37.0%
Q2 2026	$5.099est. $4.795 · surprise +6.3%	n/a
Q1 2026	$4.168est. $4.333 · surprise −3.8%	n/a
Q4 2025	$3.373est. $3.878 · surprise −13.0%	n/a
Q3 2025	$3.810	n/a

Year	EPS	Annual change
2027Estimated	$20.695	+10.5%
2026Estimated	$18.737	+36.2%
2025	$13.760	+61.9%
2024	$8.500	−17.6%
2023	$10.310	+34.4%
2022	$7.670	n/a

Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.

Equinix dividend

Yield and payments

Dividend yield (TTM)	1.9%
Forward yield (next 12m)	2.0%
Dividend per share (TTM)	$20.17
Forward dividend (next 12m)	$20.64
Payout (TTM)	121%
Last dividend	$5.16Aug 19, 2026
Next ex-dividend date	Nov 18, 2026

Dividend per share by year ($)

PaidEstimated

Year	Dividend per share
2019	$9.84
2020	$10.64
2021	$11.48
2022	$12.40
2023	$14.49
2024	$17.04
2025	$18.76
est. 12m	$20.64

Equinix forecasts

35 analyst ratings

Buy86% Hold14% Sell0%

Consensus: Buy · 30 buy, 5 hold, 0 sell

1-year price forecast

Share price Price target (high, median, low)

12-month price targets
Target	Price	Upside
High	$1,380.00	+31.4%
Median	$1,230.00	+17.1%
Low	$1,100.00	+4.8%

Monthly close (last 12 months)
Date	Close
Nov 28, 2025	$753.31
Dec 31, 2025	$766.16
Jan 30, 2026	$820.93
Feb 27, 2026	$974.26
Mar 31, 2026	$980.24
Apr 30, 2026	$1,082.83
May 29, 2026	$1,068.04
Jun 30, 2026	$1,042.39
Jul 31, 2026	$1,019.28
Aug 31, 2026	$1,046.72
Sep 30, 2026	$1,011.58
Oct 30, 2026	$1,013.70
Nov 10, 2026	$1,050.00

Equinix peers

Ticker	Company	Market cap ($M)	P/E	Price ($)	1-day change	52-week range
EQIX	Equinix	103,938	63.1x	1,050.00	−0.43%	720.621,128.68
AMT	American Tower	88,287	26.8x	190.37	+0.72%	160.06202.50
DLR	Digital Realty	69,637	76.3x	180.88	+0.43%	146.23208.14
CCI	Crown Castle	38,017	35.9x	89.35	+1.73%	65.3295.07
IRM	Iron Mountain	32,994	72.4x	110.78	−0.06%	77.77134.68
SBAC	SBA Communications	19,991	20.7x	191.43	+0.57%	156.60224.46