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Why Equinix (EQIX) Outpaced the Stock Market Today
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In the latest trading session, Equinix (EQIX - Free Report) closed at $1,025.72, marking a +1.32% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.73%. Meanwhile, the Dow experienced a rise of 0.49%, and the technology-dominated Nasdaq saw an increase of 1.19%.
The data center operator's stock has dropped by 2.74% in the past month, exceeding the Finance sector's loss of 4.15% and lagging the S&P 500's gain of 0.55%.
Investors will be eagerly watching for the performance of Equinix in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 28, 2026. The company's upcoming EPS is projected at $10.51, signifying a 6.92% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $2.57 billion, indicating a 10.95% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $43.45 per share and revenue of $10.27 billion, indicating changes of +13.36% and +11.46%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Equinix. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Equinix is carrying a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that Equinix has a Forward P/E ratio of 23.3 right now. This denotes a premium relative to the industry average Forward P/E of 13.52.
It's also important to note that EQIX currently trades at a PEG ratio of 1.27. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. EQIX's industry had an average PEG ratio of 2.13 as of yesterday's close.
The REIT and Equity Trust - Retail industry is part of the Finance sector. With its current Zacks Industry Rank of 162, this industry ranks in the bottom 35% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Why Equinix (EQIX) Outpaced the Stock Market Today
In the latest trading session, Equinix (EQIX - Free Report) closed at $1,025.72, marking a +1.32% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.73%. Meanwhile, the Dow experienced a rise of 0.49%, and the technology-dominated Nasdaq saw an increase of 1.19%.
The data center operator's stock has dropped by 2.74% in the past month, exceeding the Finance sector's loss of 4.15% and lagging the S&P 500's gain of 0.55%.
Investors will be eagerly watching for the performance of Equinix in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 28, 2026. The company's upcoming EPS is projected at $10.51, signifying a 6.92% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $2.57 billion, indicating a 10.95% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $43.45 per share and revenue of $10.27 billion, indicating changes of +13.36% and +11.46%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Equinix. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Equinix is carrying a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that Equinix has a Forward P/E ratio of 23.3 right now. This denotes a premium relative to the industry average Forward P/E of 13.52.
It's also important to note that EQIX currently trades at a PEG ratio of 1.27. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. EQIX's industry had an average PEG ratio of 2.13 as of yesterday's close.
The REIT and Equity Trust - Retail industry is part of the Finance sector. With its current Zacks Industry Rank of 162, this industry ranks in the bottom 35% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.