Equinix, Inc. has been the subject of a bullish thesis by Magnar, with shares trading at $801.31 on January 13th. Equinix is a global leader in digital infrastructure with over 260 data centers, serving 10,000+ customers. Despite a share price decline in 2025, Equinix’s fundamentals remain strong, driven by demand from AI and digital transformation.

Equinix’s dense network of cross connections across 35 countries drives network effects and high switching costs, with customer retention exceeding 95%. The company’s expansion strategy aims to double capacity by 2029, with a focus on developing AI-optimized, high-density data centers. Equinix’s premium valuation relative to peers is supported by its scale, geographic reach, and ecosystem differentiation.

Based on fair value estimates, Equinix has potential upside of 25.8% by 2027 and 50.7% by 2029. The company demonstrates strong ESG leadership, with a focus on renewable energy and emissions reduction. Equinix’s green bond issuances and operational excellence position it well to benefit from the global digital infrastructure build-out, offering investors resilience, growth, and sustainability.

Magnar’s bullish thesis on Equinix echoes the sentiment from a previous analysis of Simon Property Group, Inc. in April 2025. While SPG has seen a 24.53% stock price appreciation since coverage, Equinix’s recurring revenue and global data center growth present a compelling opportunity for investors looking for stability and long-term growth potential.

Read more at Yahoo Finance: Equinix, Inc. (EQIX): A Bull Case Theory