Equinix (EQIX) closed the most recent trading day at $810.38, moving -1.29% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.54%. At the same time, the Dow added 1.05%, and the tech-heavy Nasdaq gained 0.56%.
Prior to today's trading, shares of the data center operator had gained 7.44% outpaced the Finance sector's loss of 0.18% and the S&P 500's gain of 0.74%.
Analysts and investors alike will be keeping a close eye on the performance of Equinix in its upcoming earnings disclosure. The company's earnings report is set to go public on February 11, 2026. The company's earnings per share (EPS) are projected to be $9.07, reflecting a 14.52% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $2.47 billion, indicating a 9.18% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $38.48 per share and revenue of $9.26 billion. These totals would mark changes of +9.88% and 0%, respectively, from last year.
Investors should also note any recent changes to 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.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. Within the past 30 days, our consensus EPS projection has moved 0.52% higher. As of now, Equinix holds a Zacks Rank of #2 (Buy).
Looking at valuation, Equinix is presently trading at a Forward P/E ratio of 20.21. This represents a premium compared to its industry average Forward P/E of 13.64.
It's also important to note that EQIX currently trades at a PEG ratio of 1.14. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The REIT and Equity Trust - Retail was holding an average PEG ratio of 2.72 at yesterday's closing price.
The REIT and Equity Trust - Retail industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 78, finds itself in the top 32% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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Equinix, Inc. (EQIX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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