Equinix, Inc. (NASDAQ:EQIX) is one of the Best Digital Infrastructure REITs to Buy According to Analysts. On May 1, Truist raised its price target on Equinix to $1,215 from $1,127 and maintained a Buy rating on the shares following the announcement of the company’s first quarter financial results, according to a report by TheFly.
Earlier, on April 30, Cantor Fitzgerald reiterated its Buy rating on Equinix, setting a price target of $1,186.00, according to a report by TipRanks. Similarly, Citi also assigned a Buy rating on Equinix with a price target of $1,240.00. According to 32 analyst ratings compiled by CNN, 78% rated Equinix Buy, while 19% rated it Hold. As of May 1, Equinix has a median price target of $1,200, a 10.60% upside from the current price of $1,085.03.
For the first quarter of the year, Equinix posted a 10% rise in its net income to $2.44 billion, while it registered a 21% jump in its net income to $415 million, mainly driven by higher operating income.
Equinix President and CEO Adaire Fox-Martin said the company’s first quarter results reflect its continued strength across the business. In a press statement, she added:
“We delivered double-digit recurring revenue growth whilst improving our margins as we capitalise on robust customer demand for our AI, cloud and networking solutions. We are raising our 2026 financial outlook based on the underlying strength of our Q1 performance and disciplined execution by our teams. The essential infrastructure we provide is enabling companies to accelerate innovation and enhancing our market position.”
For the second quarter of 2026, Equinix is projecting revenue to range between $2.571 and $2.611 billion, up 6% at the midpoint from the previous quarter. For the full year of 2026, the company expects total revenues to rise 10% to 11% to a range of $10.144 to $10.244 billion.
On April 15, Equinix launched its Fabric Intelligence product, which automates how AI workloads connect and operate across clouds, data centers, and edge environments. The company explained that the distributed systems run reliably without constant manual effort, freeing teams to focus on strategic business priorities, such as building new AI capabilities and scaling operations.
Equinix, Inc. (NASDAQ:EQIX) is a digital infrastructure and data center company that provides colocation, interconnection, and cloud services to businesses worldwide.
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