Equinix EQIX

Equinix, Inc. continues to demonstrate strong financial performance, reporting $2.44 billion in revenue for fiscal Q1 2026, a 10% increase year-over-year. Despite facing ongoing securities fraud litigation, the company's robust results have led analysts to raise price targets, with Equinix now being viewed favorably as a leading data center REIT. The firm has also adjusted its full-year revenue forecast up to between $10.144 billion and $10.244 billion, driven by significant investments in new data centers, particularly in Malaysia, and a growing partnership with AI model providers.