Professional
Added to YB: 2025-04-01
Pitch date: 2025-03-28
EQIX [bearish]
Equinix, Inc.
-2.3%
current return
Author Info
No bio for this author
Company Info
Equinix, Inc. (Nasdaq: EQIX) shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet.
Market Cap
$82.2B
Pitch Price
$797.81
Price Target
673.00 (-20%)
Dividend
2.23%
EV/EBITDA
24.64
P/E
82.13
EV/Sales
11.24
Sector
Specialized REITs
Category
N/A
Equinix, Inc. - $EQIX (short)
EQIX short: AI capex slowdown, decelerating growth, hyperscaler competition, weak financials. Falling utilization (78%), stagnant cabinet growth (1.2%), FCF -73% since 2022. Questionable accounting inflating AFFO. 20x P/AFFO implies $637-$715 price. Ongoing litigation, minimal insider ownership. $673 target, 21% downside.