Jefferies cuts Equinix target to USD 1,300 for Equinix stock

Published on 10/20/2026 at 11:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies cut its target from USD 1,340 to USD 1,300 on October 12, 2026. Equinix stock costs EUR 869.10 on October 20, 2026.

Analyst target and reporting date

Jefferies cut its Equinix target from USD 1,340 to USD 1,300 on October 12, 2026.
Second-quarter revenue reached USD 2.625 billion, up 16.00 percent year over year.
Equinix stock trades at EUR 869.10 at 11:39 a.m. CEST at Lang & Schwarz on October 20, 2026.

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Equinix Inc. stock was trading at EUR 869.10 at Lang & Schwarz on October 20, 2026 at 11:39 a.m. CEST. MarketScreener reported on October 12, 2026, that Jefferies cut its Equinix target from USD 1,340 to USD 1,300.

What does the target cut mean?

The reduction leaves the latest target above the Nasdaq reference price of USD 975.71 on October 19, 2026, but it signals a more cautious near-term valuation view. Equinix's next scheduled results are due after the close on October 28, 2026.

The operating backdrop remains substantial. In the second quarter of 2026, revenue rose 16.00 percent year over year to USD 2.625 billion, while diluted earnings per share reached USD 4.83. Financial Times cited the company's second-quarter release as reporting monthly recurring revenue growth of 11.00 percent and annualized gross bookings growth of 23.00 percent.

Three dates frame the stock

On July 29, 2026, Equinix reported second-quarter revenue of USD 2.625 billion. On October 1, 2026, it announced a results call for October 28, 2026, covering the quarter ended September 30. On October 12, 2026, Jefferies reduced its target to USD 1,300 from USD 1,340. The chronology moves from operating growth to a scheduled earnings test and then to a lower analyst valuation.

Dates investors can track

Nasdaq reported that the next earnings event is scheduled for October 28, 2026 at 5:30 p.m. ET, with results for the third quarter of 2026. The company is expected to use that call to update investors on recurring revenue, capacity investment and demand from cloud and artificial intelligence customers.

Stock valuation and next test

Equinix had a market capitalization of USD 96.3 billion on October 19, 2026. Its Nasdaq 52-week range was USD 720.62 to USD 1,128.68, placing the latest USD 975.71 reference price inside a broad valuation band. The next results will provide the clearest dated test of whether the second-quarter growth rate and raised infrastructure ambitions can support the valuation.

Equinix stock was trading at EUR 869.10 at Lang & Schwarz on October 20, 2026 at 11:39 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Equinix stock.