Added to YB: 2024-03-21
Pitch date: 2024-03-20
EQIX [bearish]
Equinix, Inc.
-15.58%
current return
Author Info
Company Info
Equinix, Inc. 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
$93.5B
Pitch Price
$794.30
Price Target
N/A
Dividend
2.17%
EV/EBITDA
26.14
P/E
69.18
EV/Sales
12.37
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)