Evercore ISI Keeps Their Buy Rating on Equinix (EQIX)

Business Insider

6 days ago

Evercore ISI analyst Irvin Liu reiterated a Buy rating on Equinix today and set a price target of $1,035.00. The company's shares closed today at $789.19.
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According to TipRanks, Liu is a 2-star analyst with an average return of 1.8% and a 50.00% success rate.
In addition to Evercore ISI, Equinix also received a Buy from Bank of America Securities's Michael Funk in a report issued on July 17. However, on July 11, Barclays maintained a Hold rating on Equinix (NASDAQ: EQIX).
Based on Equinix's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.23 billion and a net profit of $343 million. In comparison, last year the company earned a revenue of $2.13 billion and had a net profit of $231 million
Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EQIX in relation to earlier this year. Most recently, in May 2025, Raouf Abdel, the EVP, Global Operations of EQIX sold 1,316.00 shares for a total of $1,144,920.00.