Skip to Content

Equinix Inc EQIX Stock Quote


Last close prices updated as of May 26, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 729.15
  • Sector Real Estate
  • Industry REIT - Specialty
  • Investment Style Large Growth
  • Day Range 712.50  –  737.72
  • Year Range 494.89  –  752.63
  • Market Cap 68.1925 Bil
  • Volume / Avg 705,181.0 /  413,329.4
  • Price / Sales 8.95
  • Price / Book 5.67
  • Forward Div Yield 1.87%
  • Trailing Div Yield 1.79%

Morningstar‘s Stock Analysis EQIX

Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


Equinix Earnings: Great Start to Year Leads to Full-Year Guidance Raise, but Momentum Will Slow

Matthew Dolgin Equity Analyst

Analyst Note

| Matthew Dolgin |

Equinix reported a fantastic first quarter that included revenue and margins both eclipsing guidance the firm gave last quarter. Management raised full-year sales guidance by more than the magnitude of the first-quarter beat while raising EBITDA guidance in line with the first-quarter outperformance. While business looks very strong, and pricing power certainly exists, the next few quarters won’t benefit from the same tailwinds that the first quarter did. Most notably, Equinix’s higher hedge rates on power costs won’t go into effect until the second quarter, but corresponding price increases that Equinix passed through to customers took effect in the first quarter. Still, the impressive first-quarter results and the general strength that continually persists throughout Equinix’s business leads us to raise our fair value estimate to $620 from $580.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics EQIX

Company Profile EQIX

Business Description

Equinix operates 248 data centers in 71 markets worldwide. It generates 46% of total revenue in the Americas, 32% in Europe, the Middle East, and Africa, and 22% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: Cloud and IT Services, Content Providers, Network and Mobile Services, Financial Services, and Enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.

One Lagoon Drive
Redwood City, CA, 94065
Industry REIT - Specialty
Employees 3,866

Related Articles EQIX

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of EQIX’s competitive advantage.

Equinix Inc


Digital Realty Trust Inc

+$21.89 (3.10%) +$6.67 (7.23%)
Market Cap
68.19 Bil28.81 Bil
REIT - Specialty REIT - Specialty
Real Estate
Real Estate

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Equinix Inc Stock

Yes. EQIX has a forward dividend yield of 1.87%. See EQIX’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

EQIX’s market cap is 68.19 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

EQIX’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

EQIX’s price/sales is 8.95.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

EQIX’s price/forward earnings is 82.67.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

EQIX’s price/book is 5.67.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See EQIX’s valuation ratios compared to the Market Index.

EQIX’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare EQIX’s historical performance against its industry peers and the overall market.