Deutsche Bank Raises its Price Target on Equinix (EQIX)

Equinix, Inc. (NASDAQ:EQIX) is one of the 10 Best Performing Data Center Stocks So Far in 2026.

On May 5, 2026, Deutsche Bank raised the firm’s price target on Equinix, Inc. (NASDAQ:EQIX) to $1,207 from $1,042 previously and maintained a Buy rating on the shares following the company’s Q1 results.

Truist also raised the firm’s price target on Equinix, Inc. (NASDAQ:EQIX) to $1,215 from $1,127 while reiterating a Buy rating. The firm said it has become increasingly constructive on Equinix’s ability to deliver approximately 10% compound annual growth in funds from operations per share over the next several years.

Last month, Equinix, Inc. (NASDAQ:EQIX) reported Q1 adjusted funds from operations of $10.79 per share, versus the consensus estimate of $10.89. Revenue totaled $2.44B, versus the consensus estimate of $2.51B. CEO Adaire Fox-Martin said the company continued to see strong demand across its business, supported by customer spending on AI, cloud, and networking infrastructure solutions. Management also highlighted double-digit recurring revenue growth alongside margin improvement during the quarter.

Deutsche Bank Raises its Price Target on Equinix (EQIX)

Equinix raised its 2026 AFFO guidance range to $42.31-$43.11 per share from its prior outlook of $41.93-$42.74. Fox-Martin added that the company’s infrastructure platform continues to support enterprise innovation while strengthening Equinix’s broader market position.

Equinix, Inc. (NASDAQ:EQIX) operates digital infrastructure and interconnected data center ecosystems that support cloud, networking, and enterprise connectivity services globally.

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