EQIX · Equinix Inc

Track EQIX — free

$1,011.58 -3.69 (-0.36%) At close · Sep 30

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$99.47B

98.67M

Volume · Sep 30 630.77K Avg daily vol (3M) 564.45K

Up next

Next earnings call

Oct 28, 2026 Est · unconfirmed · in 4 wks

Latest filing: 10-Q

filed Jul 29, 2026

Q2 2026 earnings call transcript

call held Jul 29, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

View all 115 metrics

Revenue (TTM)

$9.80B

Trailing 12 months

Net income (TTM)

$1.53B

Trailing 12 months

Revenue growth YoY

+16.4%

Year over year

Operating margin

21.8%

Trailing 12 months

P / E (TTM)

65.3

Trailing earnings · reciprocal yield 1.5%

FCF yield

—

TTM · current market cap

Return on invested capital

—

Trailing 12 months

Net cash

—

Latest balance sheet

Dividend yield

—

Trailing 12 months

Shares change YoY

+1.1%

Year over year · more shares

Price change (1Y)

+29.9%

Trailing year

Short interest

1.7%

Latest settlement · 3.3 days to cover

View all 115 metrics

AI Brief

Q2 FY26 earnings call · Jul 29, 2026

Q2 FY26

TL;DR. Equinix raised full-year 2026 guidance and its 2027-2029 outlook on record bookings, record interconnection adds and accelerated AI-driven capacity expansion, but also plans materially higher CapEx that lifts leverage about one turn and blended cost of capital ~150 bps.

Bullish

+ Raised full-year 2026 guidance, including revenue growth to 11-12% and AFFO per share growth to 10-12%, calling it the largest single guidance raise in company history.

Bearish

− Long-term annual CapEx stepped up to $5-7B through 2029 versus the prior $3-4B outlook, materially expanding capital intensity.
− Q2 churn was 1.8%, elevated by delayed churn, and H2 churn is only expected to be near the lower end of the typical 2.0-2.5% range.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice

Overall

Neutral

SellHoldBuy

Technical Neutral Momentum Weak Sentiment Neutral Fundamentals Fair Quant / Vol Low

Market backdrop VIX 16.3 · calm Equity put/call 0.53

Technical

price trend

Neutral

50 / 200-day cross No cross

Price vs 200-day avg +3%

above

Price vs 50-day avg −3%

below

RSI (14) 44

neutral

MACD trend Negative

52-week position 74%

mid-range

Momentum

relative strength

Weak

1-month return −3%

trailing

6-month return 0%

trailing

YTD return +33%

this year

Relative strength −13%

vs S&P · 6-mo

Sentiment

smart money

Neutral

Trend (MA cross) No cross

50d $1045 › 200d $984 — 50d above 200d

Institutional flow Accumulating

+5% holders QoQ · +159 funds added

Insider flow Distributing

Net -$4.4M over 90 days · 100% sells

Short interest Rising

1.72% of float · ▲ +3.0% MoM · 3.3 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

1,370 holders — near 3-yr high, broad support

Squeeze score 46

elevated · 0–100

Fundamentals

Fair

Revenue growth +8%

Y/Y

EPS growth +62%

Y/Y

Free cash flow $3.9B

Valuation P/E 64.9

rich

Balance sheet $12.3B

net debt

Quant / Vol

risk profile

Low

Volatility 25%

annualized · 1-yr

Max drawdown −14%

past year

ATR 2.7%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Latest guidance · from the 8-K filed Jul 29, 2026

Q3 2026

Adjusted EBITDA Non-GAAP Initiated $1.28B – $1.32B

Recurring Capital Expenditures Initiated $70M – $90M

Adjusted EBITDA Margin % Non-GAAP Initiated 51%

FY 2026

Revenues Initiated $10.21B – $10.29B

prior FY $9.22B midpoint +11.2% Y/Y

AFFO per Share (Diluted) Non-GAAP Initiated $42.69 – $43.29

Adjusted EBITDA Margin % Non-GAAP Initiated 51%

Total Capital Expenditures Initiated $5B – $6B

Recurring Capital Expenditures Initiated $290M – $310M

Non-recurring Capital Expenditures (Excludes xScale and Real Est Initiated $4.71B – $5.69B

In 2029

Adjusted EBITDA Margin (In 2029) Non-GAAP at least 53%

2027 - 2029

Total Revenue Growth (Annual Range) Non-GAAP 10% – 13%

Total Capital Expenditures (Annual Range) $5B – $7B

AFFO per Share Growth (Annual Range) Non-GAAP 9% – 12%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Neutral

1 · 4 · 1

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

+3% Bullish

Price vs 50-day avg

−3% Neutral

RSI (14)

44 Neutral

MACD trend

Negative Bearish

52-week position

74% Neutral

Market signals — smart money & positioning

Mixed

Trend (MA cross) No cross

50d $1045 › 200d $984 — 50d above 200d

Institutional flow Accumulating

+5% holders QoQ · +159 funds added

Insider flow Distributing

Net -$4.4M over 90 days · 100% sells

Short interest Rising

1.72% of float · ▲ +3.0% MoM · 3.3 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

1,370 holders — near 3-yr high, broad support

Price context

position in its 52-week range

Range low $726 Now $1,015 · 74% Range high $1,116

vs 200-day avg +3% vs 50-day avg -3%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

REIT - Specialty — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
EQIX Equinix Inc this stock	$99.47B	+32.5%	+7.8%	64.9	1.7%
AMT American Tower Corp /Ma/	$77.54B	-4.7%	+5.1%	22.9	1.3%
DLR Digital Realty Trust, Inc.	$63.76B	+14.1%	+10.0%	47.7	2.4%
IRM Iron Mountain Inc	$33.16B	+34.4%	+8.3%	79.0	2.7%
CCI Crown Castle Inc.	$28.54B	-24.5%	-4.4%	34.1	2.3%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

1,370

% held: 99.2%
Net QoQ: +3.0M sh
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

1,057

View

Short & Settlement

Short Interest Rising

Shares short

1.7M

Days to cover: 3.3d
Change: +49.7K sh

View

Short Volume

Short vol %

47%

As of: Sep 30, 2026

Short Total

View

Fails to Deliver

FTD shares

Value: $7.3K
As of: Sep 8, 2026

View

Off-Exchange

Off-exchange %

54.4%

Week of: Aug 24, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net selling

Net (90d)

-$4.4M

Buyers / Sellers: 0 / 2

Buyers Sellers

View

Congressional Trades Sell

Member

Julie Johnson

Amount: $1.0K–$15.0K
Traded: Sep 25, 2025

View

Financials

Revenue (FY)

$9.2B

Net income (FY): $1.4B
EPS diluted: $13.76

View

Filings

SEC Filings

Latest

Investor Event Transcript

Filed: Sep 14, 2026
This year: 20

View

Proposed Sales

Value

$317.7K

Shares: 307
Filed: Sep 4, 2026

View

Exempt Offerings

Offering

$30.2M

Filed: Mar 13, 2020

View

Earnings & Events

Earnings Calls

Last call

Sep 14, 2026

View

Performance

	5D	20D	120D	MTD	YTD
EQIX	-4.2%	-3.0%	-0.2%	-3.0%	+32.5%
SPY	-1.2%	-0.4%	+13.1%	-0.4%	+12.1%
vs SPY	-3.0%	-2.6%	-13.3%	-2.6%	+20.4%

Key facts CIK 1101239 CUSIP 29444U700 13F (30d) 26 filings 21 filers Visit website Investor relations

EQIX · Equinix Inc

Price & Indicators

Up next

Metrics snapshot

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance