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Equinix (EQIX) Stock Forecast & Price Target

$750.88
-3.61 (-0.48%)
(As of 09:40 AM 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

Consensus Price Target

$872.33
16.17% Upside
High Forecast$960.00
Average Forecast$872.33
Low Forecast$671.00
TypeCurrent Forecast
7/9/23 to 7/8/24
1 Month Ago
6/9/23 to 6/8/24
3 Months Ago
4/10/23 to 4/9/24
1 Year Ago
7/9/22 to 7/9/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
9 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
11 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$872.33$872.81$868.72$801.00
Forecasted Upside16.17% Upside9.47% Upside8.00% Upside14.06% Upside

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.
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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.
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Equinix Stock vs. The Competition

TypeEquinixFinance CompaniesS&P 500
Consensus Rating Score
2.69
2.44
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside15.62% Upside63.19% Upside12.25% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/1/2024The Goldman Sachs Group
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J. Schneider
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Initiated CoverageBuy$870.00+14.99%
5/30/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$669.00 ➝ $671.00-11.98%
5/28/2024Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$950.00 ➝ $922.00+19.13%
5/10/2024TD Cowen
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 Lower TargetBuy ➝ Buy$862.00 ➝ $859.00+13.44%
3/28/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$767.00 ➝ $762.00-7.53%
3/20/2024HSBC
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 DowngradeBuy ➝ Hold$900.00+11.88%
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3/20/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$875.00 ➝ $950.00+18.18%
3/18/2024Truist Financial
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 Boost TargetBuy ➝ Buy$915.00 ➝ $950.00+10.50%
3/13/2024Stifel Nicolaus
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 Reiterated RatingBuy ➝ Buy$960.00+11.66%
2/15/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$800.00 ➝ $825.00-5.83%
2/15/2024BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$910.00 ➝ $925.00+11.07%
1/2/2024Wolfe Research
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 UpgradeUnderperform ➝ Peer Perform
12/6/2023KeyCorp
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 Initiated CoverageSector Weight
10/13/2023Scotiabank
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 Initiated CoverageSector Outperform$856.00+15.16%
8/15/2023Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$780.00 ➝ $825.00+7.12%
8/4/2023JPMorgan Chase & Co.
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 Boost Target$825.00 ➝ $900.00+18.51%
8/3/2023Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$885.00 ➝ $910.00+20.34%
6/23/2023Bank of America
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 Boost Target$750.00 ➝ $850.00+13.79%
6/22/2023UBS Group
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 Boost Target$765.00 ➝ $900.00+17.19%
5/18/2023Argus
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 Boost Target$720.00 ➝ $795.00+9.18%
5/5/2023Citigroup
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 Boost Target$825.00 ➝ $830.00+13.80%
5/4/2023Credit Suisse Group
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 Boost Target$753.00 ➝ $768.00+10.09%
2/16/2023TD Securities
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 Boost TargetHold$750.00 ➝ $800.00+10.33%
12/14/2022Exane BNP Paribas
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 Initiated CoverageOutperform
12/13/2022Cowen
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 UpgradeMarket Perform ➝ Outperform$811.00+19.20%
7/28/2022William Blair
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J. Breen
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Reiterated RatingOutperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 10:05 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 $872.33, 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 6 hold ratings, 9 buy ratings and 1 strong buy rating 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 9.42% based on their 12-month stock forecasts.

What analysts cover Equinix?

Equinix has been rated by research analysts at Barclays, Royal Bank of Canada, TD Cowen, and The Goldman Sachs Group 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.


This page (NASDAQ:EQIX) was last updated on 7/8/2024 by MarketBeat.com Staff

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