On Oct 31, major Wall Street analysts update their ratings for $Equinix Inc (EQIX.US)$, with price targets ranging from $950 to $1,020.
Wells Fargo analyst Eric Luebchow maintains with a buy rating, and adjusts the target price from $975 to $985.
TD Cowen analyst Michael Elias maintains with a buy rating, and adjusts the target price from $865 to $984.
BMO Capital analyst Ari Klein maintains with a buy rating, and adjusts the target price from $975 to $1,020.
Oppenheimer analyst Timothy Horan maintains with a buy rating, and maintains the target price at $950.
KeyBanc analyst Brandon Nispel maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Equinix Inc (EQIX.US)$'s main analysts recently are as follows:
The company exhibited strong Q3 results underscored by an uptick in adjusted FFO per share and robust fundamental trends. A notable increase in cabinet additions, marking the highest point in two years, along with interconnections that surpassed the average of the past twelve months, have been highlighted. Additionally, the company's unprecedented gross bookings, a significant backlog, and the pre-selling of forthcoming capacity have enhanced visibility.
Equinix disclosed a record for gross bookings in the third quarter of 2024, revealed an increase in billable cabinet net additions, and elevated its guidance for 2024. Management emphasized the strength of demand as they reported a record pipeline.
Here are the latest investment ratings and price targets for $Equinix Inc (EQIX.US)$ from 6 analysts:
Note:
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