# Equinix, Inc. (EQIX)

> Source: Nexqual · https://nexqual.com/EQIX · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Equinix, Inc. (EQIX), nexqual.com/EQIX" · informational, not investment advice.

**Price:** USD 952.62 (-4.26% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 952.62 · day 931.21–990.35 · 52w 720.62–1,128.68 · market cap null · NMS

## Key facts
- 2 of 80 tracked superinvestors hold EQIX (13F, Q2 2026): 0 new, 0 added, 2 reduced, 0 unchanged.
- Analysts: Buy (mean 1.97 on a 1–5 scale) (35 analysts), mean target USD 1,231.88 (range 1,060–1,380).
- Total return with dividends: 1Y +17.0% vs S&P 500 +14.9%; 5Y +28.2% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 3.96, revenue estimate $2.56B.

## Superinvestors (SEC 13F-HR, Q2 2026)
2 of 80 tracked investors hold EQIX. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Christopher Davis | Davis Advisors | 0.09% | $20.1M | Reduced -9.0% |
| First Eagle Investment | First Eagle Investment Management | <0.01% | $567K | Reduced -2.3% |

## Analysts
Consensus Buy (mean 1.97 on a 1–5 scale), 35 analysts; mean target USD 1,231.88 (low 1,060, high 1,380).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | CIBC | Initiated | Outperformer | $1200 |
| 2026-10-20 | Guggenheim | Reiterated | Buy | $1235 |
| 2026-09-21 | Rothschild & Co | Initiated | Buy | $1261 |
| 2026-09-10 | BTIG | Target raised | Buy | $1210 → $1240 |
| 2026-09-08 | Barclays | Target raised | Equal-Weight | $1130 → $1135 |
| 2026-08-18 | Evercore ISI Group | Target raised | Outperform | $1240 → $1270 |
| 2026-08-05 | RBC Capital | Target raised | Outperform | $1125 → $1225 |
| 2026-07-31 | Truist Securities | Target raised | Buy | $1215 → $1220 |
| 2026-07-30 | UBS | Target raised | Buy | $1210 → $1265 |
| 2026-07-30 | Stifel | Target raised | Buy | $1250 → $1265 |
| 2026-07-30 | TD Cowen | Target raised | Buy | $1143 → $1166 |
| 2026-07-30 | Cantor Fitzgerald | Target raised | Overweight | $1186 → $1211 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +17.0% | +28.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +17.0% | +5.1% |
| Volatility (annualized) | 25.6% | 25.6% |
| Max drawdown | -14.2% (Jun 2026→Oct 2026) | -39.4% (Dec 2021→Oct 2022) |

## Peers (REIT - Specialty)
AMT (American Tower Corporation (REI) USD 181.57 +2.21% · DLR (Digital Realty Trust, Inc.) USD 170.94 -3.05% · CCI (Crown Castle Inc.) USD 78.83 +0.23% · IRM (Iron Mountain Incorporated (Del) USD 110.66 -3.54% · SBAC (SBA Communications Corporation) USD 178.39 +2.87% · LAMR (Lamar Advertising Company) USD 157.51 +1.57%

## More
Full page: https://nexqual.com/EQIX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)


Other companies that name EQIX in their own reports (relationship from EQIX's side):

| Relationship | Company | Their filing | Sentence |
|---|---|---|---|
| competitor | Applied Digital Corp. (APLD) | 10-K 2026-07-29 | "We compete with established data center owners and operators, including Digital Realty Trust, Inc. and Equinix, Inc., as well as hyperscalers that develop their own capacity, independent and private d…" |
| competitor | SIFY TECHNOLOGIES LTD (SIFY) | 20-F 2026-06-26 | "For instance, our corporate network services compete with well-established companies, including Reliance Jio Infocomm Limited, Bharti Airtel Limited, Tata Communications Limited, Government-owned tele…" |
| competitor | HIVE Digital Technologies Ltd. (HIVE) | 10-K 2026-06-02 | "We face competition from established data-center operators and infrastructure providers with significant capital resources, brand recognition and technical expertise, such as Equinix, Crusoe Cloud, Ap…" |
| competitor | PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK (TLK) | 20-F 2026-05-15 | "Companies such as Equinix/NTT Communication, EDGE Connex, Biznet, DCI Indonesia, Elitery, Nex-center/CBN Nusantara, Pure DC, BDx/IOH provide data center solutions in Indonesia and compete with us." |
| partner | D-MARKET Electronic Services & Trading (HEPS) | 20-F 2026-04-30 | "Data Center Service Agreement with Equinix Turkey Data Merkezi Üretim Sanayi ve Ticaret Anonim Şirketi" |
| supplier | OOMA INC (OOMA) | 10-K 2026-04-03 | "We currently serve most of our customers from three separate data center facilities located in Northern California, Texas and Virginia, where we lease space from Equinix, Inc. We also lease data cente…" |
| competitor | Digi Power X Inc. (DGXX) | 10-K 2026-03-31 | "These competitors include Equinix, Inc., Digital" |
| supplier | Oklo Inc. (OKLO) | 10-K 2026-03-17 | "We will begin site preparation for other announced projects based on prioritization, potentially including prospective customers such as Meta Platforms, Inc., Equinix, Diamondback Energy, Prometheus H…" |
| competitor | Rackspace Technology, Inc. (RXT) | 10-K 2026-03-06 | "•Colocation providers, such as Equinix, CyrusOne and QTS, provide secure environments for hardware and access to network connectivity." |
| supplier | RingCentral, Inc. (RNG) | 10-K 2026-02-27 | "We currently serve our North American customers from geographically disparate data center hosting facilities in North America, where we lease space from Equinix, Inc., and other providers, and we serv…" |
| customer | Fortinet, Inc. (FTNT) | 10-K 2026-02-25 | "We rely on public cloud providers, such as Amazon Web Services, Microsoft Azure and Google Cloud colocation providers, such as Equinix, and our own data centers and PoPs, and any availability interrup…" |
| competitor | Cipher Digital Inc. (CIFR) | 10-K 2026-02-24 | "Several companies compete in this industry, including: CoreWeave, Digital Realty, Equinix, Vantage Data Centers and Aligned Data Centers." |
| competitor | DIGITAL REALTY TRUST, INC. (DLR) | 10-K 2026-02-13 | "We compete with numerous data center providers globally, many of whom own or operate properties similar to ours in some of the same metropolitan areas where our data centers are located, including Equ…" |
| competitor | CLEANSPARK, INC. (CLSK) | 10-K 2025-11-25 | "These competitors include Equinix, Inc., Digital Realty Trust, Inc., and CoreWeave, Inc., among others, as well as certain of our bitcoin mining competitors." |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $3.96 | $4.36 | -9.1% | $2.56B | 6 |
| Next quarter (ends 2026-12-31) | $3.72 | $4.27 | -12.9% | $2.64B | 6 |
| Current fiscal year (ends 2026-12-31) | $17.71 | $17.78 | -0.4% | $10.28B | 4 |
| Next fiscal year (ends 2027-12-31) | $18.53 | $19.31 | -4.1% | $11.39B | 8 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-10-28): ±8.8%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 38.4% | ±8.8% |
| 2026-12-18 | 56 | 34.8% | ±11.0% |
| 2027-01-15 | 84 | 32.4% | ±12.5% |
| 2027-02-19 | 119 | 32.5% | ±14.9% |
| 2027-03-19 | 147 | 32.3% | ±16.3% |
| 2027-06-17 | 237 | 32.0% | ±20.3% |
| 2027-09-17 | 329 | 31.7% | ±23.6% |