What is Zacks Research’s Forecast for Equinix Q4 Earnings?

Equinix, Inc. (NASDAQ:EQIX) – Equities researchers at Zacks Research dropped their Q4 2024 EPS estimates for Equinix in a note issued to investors on Wednesday, November 20th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $6.97 per share for the quarter, down from their prior forecast of $7.27. The consensus estimate for Equinix’s current full-year earnings is $31.06 per share. Zacks Research also issued estimates for Equinix’s Q1 2025 earnings at $8.20 EPS, Q2 2025 earnings at $8.34 EPS, Q3 2025 earnings at $8.33 EPS, Q4 2025 earnings at $8.58 EPS, FY2025 earnings at $33.46 EPS, Q1 2026 earnings at $8.57 EPS, Q2 2026 earnings at $8.93 EPS, Q3 2026 earnings at $9.13 EPS and FY2026 earnings at $36.23 EPS.

A number of other equities analysts also recently commented on EQIX. BMO Capital Markets lifted their price target on Equinix from $975.00 to $1,020.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. Evercore ISI increased their price objective on shares of Equinix from $945.00 to $975.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. TD Cowen upped their price objective on shares of Equinix from $865.00 to $984.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Scotiabank upped their price target on shares of Equinix from $954.00 to $985.00 and gave the company a “sector outperform” rating in a report on Thursday, October 31st. Finally, Wells Fargo & Company raised their target price on shares of Equinix from $875.00 to $975.00 and gave the stock an “overweight” rating in a report on Thursday, October 17th. Five research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $952.88.

Equinix Stock Up 4.1 %

Shares of Equinix stock opened at $974.35 on Monday. Equinix has a 1-year low of $684.14 and a 1-year high of $976.35. The company has a market capitalization of $94.01 billion, a PE ratio of 87.86, a P/E/G ratio of 2.41 and a beta of 0.71. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.16 and a quick ratio of 1.16. The business has a 50-day moving average of $893.70 and a 200-day moving average of $827.82.

Institutional Trading of Equinix

Several hedge funds have recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Equinix in the second quarter valued at about $30,000. LRI Investments LLC acquired a new stake in Equinix in the 1st quarter valued at about $31,000. GHP Investment Advisors Inc. lifted its position in shares of Equinix by 50.0% in the third quarter. GHP Investment Advisors Inc. now owns 39 shares of the financial services provider’s stock valued at $35,000 after buying an additional 13 shares during the last quarter. Fortitude Family Office LLC increased its holdings in shares of Equinix by 50.0% in the third quarter. Fortitude Family Office LLC now owns 39 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 13 shares during the last quarter. Finally, Meeder Asset Management Inc. acquired a new position in Equinix in the 2nd quarter valued at about $36,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Insider Activity at Equinix

In other news, EVP Raouf Abdel sold 1,022 shares of the firm’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $923.56, for a total transaction of $943,878.32. Following the completion of the transaction, the executive vice president now directly owns 4,893 shares of the company’s stock, valued at approximately $4,518,979.08. This trade represents a 17.28 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Scott Crenshaw sold 1,107 shares of Equinix stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $815.60, for a total value of $902,869.20. Following the sale, the executive vice president now directly owns 4 shares in the company, valued at $3,262.40. The trade was a 99.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,754 shares of company stock worth $11,666,756 in the last ninety days. 0.27% of the stock is currently owned by insiders.

Equinix Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Wednesday, November 13th will be issued a dividend of $4.26 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $17.04 dividend on an annualized basis and a dividend yield of 1.75%. Equinix’s dividend payout ratio (DPR) is presently 153.65%.

Equinix Company Profile

Equinix (Nasdaq: EQIX) is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.