Equinix shares jump 10% after earnings report, analysts respond accordingly

LootboxPhobia · 2026-02-12T11:26:48+00:00

Equinix's stock price rose 10% in after-hours trading, with revenue expected to surpass Wall Street estimates in 2026, primarily driven by demand for AI data centers. Analysts forecast its revenue will reach between $10.12 billion and $10.22 billion, with the operating cash flow growth rate per share increasing to 10.5%. The company reported that 60% of orders in the fourth quarter came from AI workloads. Overall growth prospects are strong, but analysts remain cautious about its capital expenditures.

LootboxPhobia

2026-02-12 11:26:48

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Investing.com - Equinix (NASDAQ:EQIX) stock rose 10% in after-hours trading to approximately $954 after the digital infrastructure company forecasted 2026 sales to surpass Wall Street expectations, driven by strong demand for AI data centers.

The company expects revenue between $10.12 billion and $10.22 billion in 2026, exceeding analyst estimates of $10.07 billion, according to data compiled by LSEG. Equinix also projects a 10.5% growth rate in adjusted operating funds per share for 2026, significantly higher than the 5% guidance provided at its Investor Day in June 2025.

Equinix reported that 60% of its largest orders in the fourth quarter targeted AI workloads, with nearly half coming from traditional enterprises rather than cloud service providers. The company has completed 45% of its first-quarter order target, indicating continued growth momentum into 2026.

Bank of America named Equinix as its “top data center pick,” noting that the company expects to lease half of its 240MW capacity to hyperscale clients in the first quarter of 2026, with the remaining portion to be completed by year-end. Barclays analysts pointed out that although some non-recurring revenue shifted from Q4 2025 to 2026, the growth outlook “remains strong and above market expectations.”

MoffettNathanson analysts noted that Equinix’s conditions are improving, suggesting that the financing costs for its capital expenditure plans may be lower than initially assumed, while Raymond James acknowledged that the company’s performance is “robust,” but maintained a cautious stance due to ongoing “multi-year transformation to double scale, with substantial capital expenditure investments within a compressed timeframe.”

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