Equinix stock: Guggenheim reaffirms Buy rating with USD 1,235.00 target

Published on 10/21/2026 at 16:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 16.00 percent to USD 2.63 billion in second quarter of 2026. Equinix stock costs EUR 878.50 on October 21, 2026 versus Xetra close.

Analyst target and reporting date

Guggenheim reaffirmed a USD 1,235.00 target on October 20, 2026.
Second-quarter revenue rose 16.00 percent to USD 2.63 billion.
Equinix stock costs EUR 878.50 at Lang & Schwarz on October 21, 2026 at 4:12 p.m. CEST.
Equinix will discuss third-quarter results on October 28, 2026.

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Equinix Inc. (ISIN US29444U7000) remains an analyst target story after Guggenheim reaffirmed a Buy rating and a USD 1,235.00 price target on October 20, 2026, according to MarketBeat. Equinix stock was trading at EUR 878.50 at Lang & Schwarz on October 21, 2026 at 4:12 p.m. CEST.

Target leaves room for upside

The Guggenheim target stood 25.21 percent above Equinix's USD 986.37 Nasdaq price at 10:25 a.m. ET on October 21, 2026. The target is a valuation signal, not a forecast supplied by this article, and the gap depends on the currency and venue used for each figure.

MarketBeat also reported that Guggenheim's rating was part of a broader analyst picture, with twenty-nine Buy ratings, one Strong Buy rating and four Hold ratings. The same report placed the average target at USD 1,206.34 and Equinix's market capitalization at USD 97.43 billion.

Stock position before results

Equinix's Nasdaq price of USD 986.37 sat between a 52-week low of USD 720.62 and a 52-week high of USD 1,128.68 on October 21, 2026. The stock had traded 12.62 percent below that high and 36.88 percent above the low. Volume was 47,886 shares at 10:25 a.m. ET.

The market capitalization was USD 97.3 billion and the price-to-earnings ratio was 63.53 on the same date. Those figures place the analyst target alongside a richly valued equity profile, while the current quote remains below the yearly high.

What arrives on October 28?

Equinix will discuss third-quarter results for the period ended September 30, 2026, during a conference call on October 28, 2026, at 5:30 p.m. ET. The date was announced by Equinix on October 1, 2026.

The latest reported period was the second quarter of 2026. Equinix generated USD 2.625 billion in revenue, up 16.00 percent from the prior-year quarter, while monthly recurring revenue increased 11.00 percent and annualized gross bookings rose 23.00 percent, according to PR Newswire. The release also cited 9,700 net interconnections added during the quarter.

Investor view before the call

The immediate question is whether the next report can sustain the operating momentum recorded in the second quarter while supporting the valuation embedded in the USD 1,235.00 target. The October 28 event supplies the next scheduled test for that relationship.

The euro quote stood at EUR 878.50 at Lang & Schwarz on October 21, 2026 at 4:12 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Equinix stock.