Equinix (EQIX) Stock Forecast & Price Target

$817.99

-11.85 (-1.43%)

(As of 08/21/2024 ET)

Equinix - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 16 Analyst Ratings

Based on 16 Wall Street analysts who have issued ratings for Equinix in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 5 have given a hold rating, and 11 have given a buy rating for EQIX.

Consensus Price Target

$876.71
7.18% Upside

High Forecast	$960.00
Average Forecast	$876.71
Low Forecast	$671.00

According to the 16 analysts' twelve-month price targets for Equinix, the average price target is $876.71. The highest price target for EQIX is $960.00, while the lowest price target for EQIX is $671.00. The average price target represents a forecasted upside of 7.18% from the current price of $817.99.

Type	Current Forecast 8/23/23 to 8/22/24	1 Month Ago 7/24/23 to 7/23/24	3 Months Ago 5/25/23 to 5/24/24	1 Year Ago 8/23/22 to 8/23/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	11 Buy rating(s)	11 Buy rating(s)	8 Buy rating(s)	9 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$876.71	$875.50	$874.44	$811.19
Forecasted Upside	7.18% Upside	10.70% Upside	8.85% Upside	12.31% Upside

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EQIX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

EQIX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Equinix Stock vs. The Competition

Type	Equinix	Finance Companies	S&P 500
Consensus Rating Score	2.69	2.46	2.51
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	7.18% Upside	38.53% Upside	8.74% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/21/2024	Truist Financial 1 of 5 stars		Boost Target	Buy ➝ Buy	$915.00 ➝ $935.00	+13.47%
8/13/2024	Deutsche Bank Aktiengesellschaft 2 of 5 stars		Boost Target	Buy ➝ Buy	$880.00 ➝ $910.00	+11.10%
8/8/2024	TD Cowen 4 of 5 stars		Boost Target	Buy ➝ Buy	$859.00 ➝ $865.00	+7.30%
7/23/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Luebchow Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight	$825.00 ➝ $875.00	+9.53%
7/11/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$873.00	+12.51%
7/1/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Schneider Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$870.00	+14.99%
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5/30/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$669.00 ➝ $671.00	-11.98%
5/28/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$950.00 ➝ $922.00	+19.13%
3/28/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$767.00 ➝ $762.00	-7.53%
3/20/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$900.00	+11.88%
3/20/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$875.00 ➝ $950.00	+18.18%
3/13/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$960.00	+11.66%
2/15/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$910.00 ➝ $925.00	+11.07%
1/2/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Peer Perform
12/6/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sector Weight
10/13/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sector Outperform	$856.00	+15.16%
8/4/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$825.00 ➝ $900.00	+18.51%
8/3/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy ➝ Strong-Buy	$885.00 ➝ $910.00	+20.34%
6/23/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$750.00 ➝ $850.00	+13.79%
6/22/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$765.00 ➝ $900.00	+17.19%
5/18/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$720.00 ➝ $795.00	+9.18%
5/5/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$825.00 ➝ $830.00	+13.80%
5/4/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$753.00 ➝ $768.00	+10.09%
2/16/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$750.00 ➝ $800.00	+10.33%
12/14/2022	Exane BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform
12/13/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$811.00	+19.20%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:00 AM ET.

EQIX Forecast - Frequently Asked Questions

What is Equinix's forecast for 2024?: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Equinix is $876.71, with a high forecast of $960.00 and a low forecast of $671.00.
Should I buy or sell Equinix stock right now?: 16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last year. There are currently 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EQIX shares.
Does Equinix's stock price have much upside?: According to analysts, Equinix's stock has a predicted upside of 9.73% based on their 12-month stock forecasts.
Has Equinix been upgraded by Wall Street analysts recently?: Over the previous 90 days, Equinix's stock had 1 upgrade by analysts.
What analysts cover Equinix?: Equinix has been rated by research analysts at Barclays, Deutsche Bank Aktiengesellschaft, Mizuho, Royal Bank of Canada, TD Cowen, The Goldman Sachs Group, Truist Financial, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Equinix more than its competitors?: Analysts like Equinix more than other "finance" companies. The consensus rating for Equinix is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how EQIX compares to other companies.