Equinix (EQIX): Positioned for Growth in the Evolving Data Center Market

Equinix, Inc. (NASDAQ:EQIX) is one of Goldman Sachs’ top REIT stock picks. On January 26, JPMorgan reiterated an Overweight rating on Equinix, Inc. (NASDAQ:EQIX) with a $950 price target. According to the investment bank, the company is well-positioned to benefit from pricing strength and new lease signings.

Equinix (EQIX): Positioned for Growth in the Evolving Data Center Market

Consequently, the investment bank has raised its 2026 revenue and profitability estimates for Equinix, driven by anticipated pricing improvements amid capacity constraints. The investment bank also expects the company to deliver solid leasing results.

Earlier on January 12, BofA reiterated a Buy rating on Equinix with a $950 price target. The research firm maintains a positive outlook on the data center REIT amid a revision to its longer-term AFFO guidance. It also expects the REIT to benefit from its industry-leading position in the enterprise colocation space and lower relative leverage. Consequently, it has designated it as its top data center pick for 2026.

Equinix Inc. (NASDAQ:EQIX) is a global digital infrastructure company that operates over 260 carrier-neutral data centers across 30+ countries. It provides colocation, interconnection, and edge services, enabling businesses to securely house servers, connect directly with partners (cloud, network, AI), and scale digital infrastructure.

While we acknowledge the potential of EQI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EQI and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.