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Equinix: Strong Buy Rating Backed by Robust Growth and Strategic Expansion

Equinix: Strong Buy Rating Backed by Robust Growth and Strategic Expansion

In a report released today, Andy Yu CFA from DBS maintained a Buy rating on Equinix, with a price target of $1,218.00.

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Andy Yu CFA has given his Buy rating due to a combination of factors that highlight Equinix’s robust growth potential and market leadership. Equinix has demonstrated consistent revenue growth, with a 4.6% year-over-year increase in the first quarter of 2025, alongside a notable rise in adjusted EBITDA by 7.6%. The company’s strategic expansion plans, including a USD15 billion joint venture to develop advanced data centers, further bolster its growth prospects.
Equinix’s diversified customer base and global reach reduce its exposure to macroeconomic volatility, making it a resilient investment. With a strong presence in the data center industry and a track record of profitability, the company is well-positioned for future success. The Buy rating is supported by Equinix’s ability to maintain a high adjusted EBITDA margin and its ongoing efforts to expand its capacity and project pipelines, ensuring sustained growth and profitability.

In another report released on July 3, TD Cowen also reiterated a Buy rating on the stock with a $974.00 price target.

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