Professional
Added to YB: 2025-04-01
Pitch date: 2025-03-28
EQIX [bearish]
Equinix, Inc.
-1.03%
current return
Author Info
No bio for this author
Company Info
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed.
Market Cap
$78.2B
Pitch Price
$807.00
Price Target
673.00 (-16%)
Dividend
2.34%
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.