5 Reasons That Make Equinix Stock a Solid Portfolio Pick Now – June 2, 2025
From Zacks Investment Research: 2025-06-02 14:28:00
Equinix (EQIX) is thriving in the digital infrastructure landscape with strong digital transformation trends and global demand for data exchange. Over 90% of their revenue bookings in the last three years came from existing customers. They have 270 IBX centers in 35 countries and 56 major builds in progress in 24 countries. Analysts are bullish on this Zacks Rank #2 stock, with estimates for 2025 funds from operations per share trending upwards. Equinix’s diverse portfolio of data centers is well-positioned to benefit from the increasing dependence on technology and digital transformation strategies. They are focused on expansion efforts and have a strong balance sheet with robust liquidity. Additionally, Equinix offers solid dividend payouts and has increased dividends five times in the last five years. Other top stocks in the REIT sector include VICI Properties (VICI) and W.P. Carey (WPC), both carrying a Zacks Rank #2. Their consensus estimates for 2025 funds from operations per share have also been revised upwards.
Read more at Zacks Investment Research: 5 Reasons That Make Equinix Stock a Solid Portfolio Pick Now – June 2, 2025