EQUINIX INC
Nasdaq: EQIX·Redwood City, California·CIK 0001101239
- Price
- $1,011.58
- Base IV
- $182.73
- Your value
- $182.73
- -81.9%
Valuation snapshot
Price is above even the bull case. Price as of Oct 1, 2026 · Valuation Aug 16, 2026.
Track record
Reported financials are not available yet.
Why the gap?
At $1,011.58 the market is pricing EQUINIX INC as if revenue grows 57.7% a year. This valuation assumes it grows 9.0% a year. That single disagreement accounts for most of the distance between the two numbers — which makes it the first thing worth auditing.
Implied by price
+57.7%
revenue growth a year, holding everything else researched
Assumed here
+9.0%
researched base case, grounded in filings and guidance
Many combinations of assumptions reproduce the same price. These are ways to read what the market might expect, not its actual view.
Your valuation
Four judgments stand between the filing and a number. Audit them one at a time and leave with a valuation that is yours.
- 01 Revenue growth11.0%
- 02 Operating margin27.0%
- 03 Risk and beta0.97
- 04 Long-run growth2.5%
About 4 minutes · no account needed
What drives the base case
All three cases →After two slow years — 4.0% growth in 2024 and 5.4% in 2025 — Equinix reaccelerated sharply, with the latest quarter up 16% and new orders up 23%, prompting the largest guidance raise in the company's history. Management now targets 10–13% annual revenue growth through 2029, and this case starts at the low end of that and fades a point a year as the revenue base gets larger and power availability limits how fast new capacity can come online. Profitability keeps improving modestly, helped by high-margin interconnection revenue and better use of existing buildings, though depreciation from the doubled construction budget eats into the gain. Because that construction budget of $5–7 billion a year sits against roughly $10 billion of sales, most of the profit goes back into the ground rather than to shareholders.
What shapes the assumptions
No structured value drivers are attached to this valuation yet.
How confident is this estimate?
Quality checksSome of any gap to the price is model uncertainty rather than real disagreement. Start with the weakest components.
- Scenario dispersion3.6
- Terminal-value dependency2.5
- Historical stability8.3
- Margin predictability7.0
Why the number moved
No prior valuation bridge is available yet. Future recalculations will explain what moved.
Base estimate
$182.73 -81.9%