Is Equinix Stock Outperforming the Dow?
Valued at approximately $87.5 billion by market cap, Redwood City, California-based Equinix, Inc. (EQIX) provides global data center and digital infrastructure solutions, enabling businesses to securely connect and optimize their digital operations. It facilitates high-performance interconnection, colocation, and cloud services across various industries.
Companies worth $10 billion or more are typically referred to as "large-cap stocks." Equinix fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the REIT industry. EQIX benefits from having over 13,000 employees and a strong global presence.
The company touched its all-time high of $994.03 on Nov. 27 last year and has fallen 8.2% from that peak. In the past three months, EQIX stock has grown marginally, outperforming the Dow Jones Industrial Average’s ($DOWI) marginal decline during the same time frame.
The stock’s performance looks even better over the longer term. EQIX stock has surged 19.3% over the past 52 weeks but has declined 3.3% on a YTD basis, outperforming Dow’s 9.6% gains over the past year and lagging behind its marginal dip in 2025.
To confirm its uptrend, EQIX has been trading above its 200-day moving average since late May and also above its 50-day moving average since late April.
EQIX stock grew marginally in the trading session following the release of its better-than-expected Q1 earnings on Apr. 30. The company reported a 5% year-over-year increase in its revenue to $2.2 billion, which surpassed the Wall Street estimates, mainly driven by a robust demand for its digital infrastructure and services. Its adjusted EBITDA margin amounted to 48%, compared to 47% in the previous year’s quarter, and drove its adjusted EBITDA to grow 8% from the prior year’s quarter to $1.1 billion. Moreover, EQIX’s AFFO per share rose 9% year-over-year to $9.67 and surpassed the consensus estimates by 20.9%.
Its peer, Digital Realty Trust, Inc. (DLR), has declined marginally in 2025 and has surged 21.3% over the past 52 weeks, outperforming EQIX.
Among the 29 analysts covering the EQIX stock, the consensus rating is a “Strong Buy.” Its mean price target of $1,013.55 suggests an 11.1% upside potential from current price levels.
On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.