Equinix price target raised to $1,010 from $950 at UBS

UBS raised the firm’s price target on Equinix (EQIX) to $1,010 from $950 and keeps a Buy rating on the shares. Equinix provided strong 2026 guidance despite a quarterly miss driven by timing shifts of xScale fees into 2026, with normalized revenue growth of 9%-10% and accelerating margin expansion exceeding prior expectations, the analyst tells investors in a research note. Retail bookings and record pre-sales activity highlight robust, diversified demand, suggesting upside risk to estimates amid a favorable demand and pricing environment, UBS says.