Professional
Added to YB: 2025-04-01
Pitch date: 2025-03-28
EQIX [bearish]
Equinix, Inc.
-15.77%
current return
Author Info
No bio for this author
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
$793.01
Price Target
673.00 (-27%)
Dividend
2.17%
EV/EBITDA
26.14
P/E
69.18
EV/Sales
12.37
Sector
Specialized REITs
Category
N/A
Equinix, Inc. - $EQIX (short)
EQIX short: AI capex slowdown, decelerating growth, hyperscaler competition, weak financials. Falling utilization (78%), stagnant cabinet growth (1.2%), FCF -73% since 2022. Questionable accounting inflating AFFO. 20x P/AFFO implies $637-$715 price. Ongoing litigation, minimal insider ownership. $673 target, 21% downside.