Argus

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May 13, 2026

Symbols

Sector(s)

Real Estate

Rating

Earnings Estimate

Current Price

$1080.63

Price Target

Summary

Equinix is a real estate investment trust focusing on interconnected data centers. It develops data center platforms and architecture for businesses involved in cloud software, IT, financial services, and mobile services. The company offers secure networks and cloud-neutral data platforms and is leveraged to the secular transition away from on-premises data centers to cloud colocation centers. The company can face FX pressure. About 38% of 2025 revenues were in U.S. dollars.

At the beginning of 2026, the company had over 500,000 global interconnections and just over 270 data centers on six continents. About 109 data centers are in the U.S., and there are 23 global xScale facilities. The company topped $9.2 billion in revenues in 2025, of which 45% were from operations in the Americas and 70% were from global colocation. As of the begi

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