Equinix, Inc. has raised its fiscal 2026 revenue outlook to between $10.144 billion and $10.244 billion, reflecting confidence driven by a strong first-quarter report of $2.44 billion in total revenues, up 9.8% year-over-year. The company also reported an adjusted funds from operations per share of $10.79, marking an increase of 11.6% from a year earlier. Following this performance, Raymond James has upgraded Equinix to a 'Strong Buy' with a target price of $1,250, bolstered by growing partnerships with leading AI model providers.
“Two of the biggest players in this space are Equinix and Digital Realty, which pay forward yields of 1.9% and 2.7%, respectively.”
“Equinix · raised · FY26 revenue outlook · $10.14B–$10.24B”
“Equinix · was double upgraded by · Raymond James · Strong Buy from Market Perform with a $1,250 price target”
“Equinix · expects revenue · this year · between $10.144 billion and $10.244 billion”
“Equinix · expects revenue this year to be between · amount · $10.144 billion and $10.244 billion”
“Equinix · raised · 2026 forecast · true”
“Equinix, Inc. EQIX · reported · first-quarter 2026 adjusted funds from operations (AFFO) per share · $10.79”
“Equinix, Inc. EQIX · reported · year-over-year change in adjusted funds from operations (AFFO) per share · up 11.6%”
“Equinix, Inc. EQIX · reported · total revenues · $2.44 billion”
“Equinix, Inc. EQIX · year-over-year change in total revenues · up 9.8% · null”
“Equinix, Inc. EQIX · total revenues · below the consensus mark · $2.51 billion”
“Equinix, Inc. EQIX · annualized gross bookings · $378 million · null”
