Added to YB: 2024-03-21
Pitch date: 2024-03-20
EQIX [bearish]
Equinix, Inc.
+5.54%
current return
Author Info
Company Info
Equinix, Inc. (Nasdaq: EQIX) shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet.
Market Cap
$74.0B
Pitch Price
$794.30
Price Target
N/A
Dividend
2.49%
EV/EBITDA
22.09
P/E
68.81
EV/Sales
10.23
Sector
Specialized REITs
Category
value
Equinix Exposed: Major Accounting Manipulation, Core Business Decay And Selling An AI Pipe Dream As Insiders Cashed Out Hundreds of Millions
EQIX: Investigation reveals AFFO overstated 22%+ via misclassifying maintenance as growth CapEx to boost metrics tied to exec pay. Overselling power capacity stretches infra to the limit. 87% of revs (colo + interconnection) disrupted by hyperscalers AMZN/GOOG/MSFT. $476M insider selling.
Read full article (34 min)