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Equinix (EQIX) Stock Moves -1.03%: What You Should Know
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Equinix (EQIX - Free Report) ended the recent trading session at $985.98, demonstrating a -1.03% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 1.09% for the day. On the other hand, the Dow registered a loss of 0.34%, and the technology-centric Nasdaq decreased by 2.15%.
Heading into today, shares of the data center operator had lost 2.89% over the past month, lagging the Finance sector's loss of 2.57% and the S&P 500's gain of 2.44%.
The upcoming earnings release of Equinix will be of great interest to investors. The company's earnings report is expected on October 28, 2026. The company is predicted to post an EPS of $10.51, indicating a 6.92% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $2.57 billion, up 10.95% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $43.45 per share and a revenue of $10.27 billion, signifying shifts of +13.36% and +11.46%, respectively, from the last year.
Any recent changes to analyst estimates for Equinix should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Right now, Equinix possesses a Zacks Rank of #3 (Hold).
From a valuation perspective, Equinix is currently exchanging hands at a Forward P/E ratio of 22.93. This denotes a premium relative to the industry average Forward P/E of 13.68.
One should further note that EQIX currently holds a PEG ratio of 1.25. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. 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. At present, this industry carries a Zacks Industry Rank of 87, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow EQIX in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Equinix (EQIX) Stock Moves -1.03%: What You Should Know
Equinix (EQIX - Free Report) ended the recent trading session at $985.98, demonstrating a -1.03% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 1.09% for the day. On the other hand, the Dow registered a loss of 0.34%, and the technology-centric Nasdaq decreased by 2.15%.
Heading into today, shares of the data center operator had lost 2.89% over the past month, lagging the Finance sector's loss of 2.57% and the S&P 500's gain of 2.44%.
The upcoming earnings release of Equinix will be of great interest to investors. The company's earnings report is expected on October 28, 2026. The company is predicted to post an EPS of $10.51, indicating a 6.92% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $2.57 billion, up 10.95% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $43.45 per share and a revenue of $10.27 billion, signifying shifts of +13.36% and +11.46%, respectively, from the last year.
Any recent changes to analyst estimates for Equinix should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Right now, Equinix possesses a Zacks Rank of #3 (Hold).
From a valuation perspective, Equinix is currently exchanging hands at a Forward P/E ratio of 22.93. This denotes a premium relative to the industry average Forward P/E of 13.68.
One should further note that EQIX currently holds a PEG ratio of 1.25. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. 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. At present, this industry carries a Zacks Industry Rank of 87, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow EQIX in the coming trading sessions, be sure to utilize Zacks.com.