From Yahoo Finance: 2025-05-27 13:16:00

Barclays raised Equinix, Inc.’s price target to $837 and maintained an Equal Weight rating. The firm’s model updates in the data center group suggest a cautious yet stable outlook for Equinix, Inc.’s operations. Fiscal Q1 2025 earnings exceeded expectations, with a 5% revenue growth to $2.2 billion, driven by strong gross and net bookings.

Equinix, Inc. reported a 26% increase in operating income to $458 million for fiscal Q1 2025. Net income also rose by 48% to $343 million compared to the same period last year. The company’s digital infrastructure platform interconnects foundational infrastructure and offers various services across geographic segments.

While Equinix, Inc. shows promise as an investment, some AI stocks may offer higher returns with limited downside risk. Consider exploring AI stocks with potential for 100x upside beyond EQIX. Check out our report on the cheapest AI stock for more information. No disclosures were made regarding Equinix, Inc. in this news article.



Read more at Yahoo Finance: Barclays Keeps Equal Weight Rating on Equinix (EQIX), Raises PT