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Yahoo
2 days ago
- Business
- Yahoo
If You Invested $10K In Equinix Stock 10 Years Ago, How Much Would You Have Now?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Equinix Inc. (NASDAQ:EQIX) is the world's digital infrastructure company, which provides colocation data centers and interconnection services, allowing businesses to connect and collaborate in a digital environment. The company's stock traded at approximately $270.01 per share 10 years ago. If you had invested $10,000, you could have bought roughly 37 shares. Currently, shares trade at $876.84, meaning your investment's value could have grown to $32,474 from stock price appreciation alone. However, Equinix also paid dividends during these 10 years. Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Equinix's dividend yield is currently 2.17%. Over the last 10 years, it has paid about $127.10 in dividends per share, which means you could have made $4,707 from dividends alone. Summing up $32,474 and $4,707, we end up with the final value of your investment, which is $37,181. This is how much you could have made if you had invested $10,000 in Equinix stock 10 years ago. This means a total return of 271.81%. In comparison, S&P 500 total return for the same period is 231.70%. Equinix has a consensus rating of "Buy" and a price target of $936.33 based on the ratings of 30 analysts. The price target implies a nearly 7% potential upside from the current stock price. On April 30, the company announced its Q1 2025 earnings, posting FFO of $9.67, compared to the consensus estimate of $9.09, and revenues of $2.23 billion, compared to the consensus of $2.22 billion, as reported by Benzinga. Trending: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. 'We delivered a strong start to the year, exceeding our expectations for both bookings and financial performance,' said CEO Adaire Fox-Martin. 'Demand for our digital infrastructure and services remains robust. This, together with a healthy balance sheet and customer momentum across a full breadth of geographies, industries, segments, and products, reaffirms our confidence in our strategy and ability to create even greater value. As a result, we raised our guidance across our key financial metrics." For its full-year 2025, the company expects revenues in the range of $9.18 to $9.28 billion. AFFO per share is expected to be $37.36 and $38.17. Given the historical stock price appreciation and expected upside potential, growth-focused investors may find Equinix stock attractive. Furthermore, they can benefit from the company's solid dividend yield of 2.17% and consistent hikes. Equinix has raised its dividend consecutively for the last 10 years. Read Next: Invest Where It Hurts — And Help Millions Heal: , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Image: Shutterstock Send To MSN: 0 This article If You Invested $10K In Equinix Stock 10 Years Ago, How Much Would You Have Now? originally appeared on
Channel Post MEA
08-04-2025
- Business
- Channel Post MEA
Harmeen Mehta Joins Equinix as Executive VP and CDIO
Equinix has announced the appointment of Harmeen Mehta as Executive Vice President and Chief Digital and Innovation Officer (CDIO), effective April 4. With 28 years of experience in leading extensive digital transformations within the technology infrastructure sector, Mehta brings substantial expertise to Equinix as the company continues to advance its leadership in digital infrastructure. 'Harmeen is a visionary leader with a proven track record in digital transformation and innovation,' said Adaire Fox-Martin, CEO and President, Equinix. 'Her experience in leading complex programs and developing innovative solutions will equip us to better serve our customers and enhance experiences across the organisation. I look forward to her leadership in advancing innovation and value across our ecosystem.' Serving in the new role of CDIO, Mehta will align technology capabilities with business strategy to drive the company's digital transformation and innovation strategy, leveraging emerging technologies to enhance customer experience, improve operational efficiency and foster innovative business models. She will serve on the Equinix Executive Staff reporting to Equinix CEO and President, Adaire Fox-Martin. 'Equinix is a truly unique company — the hidden layer that enables the innovations that people rely on every day, from video calls and online shopping to the foundational pillars of modern society like food production and drug discovery,' said Mehta. 'With an eye on innovation, I look forward to leading Equinix's transformational journey to deliver even greater opportunities for the thousands of customers that rely upon Equinix every day for their mission-critical digital infrastructure.' Mehta previously served as Chief Digital and Innovation Officer at BT Group, where she led the digital and AI-driven transformation of the company, significantly enhancing customer experience and operational efficiency. Prior to BT, she was Global Chief Information Officer & CEO, Cloud and Security Business at Bharti Airtel Limited, where she led digital transformation initiatives for one of the largest global telecom companies. She has also held senior technology leadership roles at BBVA, Bank of America, Merrill Lynch and HSBC, and she has worked as a consultant to British Airways and Qantas. Mehta currently serves as a non-executive director on the board of Lloyds Banking Group, and as Vice-Chair and Board member of TM Forum. Mehta is a recognized industry leader having earned numerous distinctions, including: the prestigious MIT Sloan CIO Leadership Award; the TM Forum Global CIO of the Year Award; the Women of the Decade in Innovation & Leadership distinction from the Women Economic Forum; and recognition by the Economic Times as one of the top ten women in the telecom and tech industry globally. 0 0
Yahoo
13-02-2025
- Business
- Yahoo
Equinix Inc (EQIX) Q4 2024 Earnings Call Highlights: Record Gross Bookings and Strategic Growth ...
Revenue: $8.7 billion for the full year 2024, up 8% year over year. Adjusted EBITDA: $4.1 billion, with a 160-basis-point improvement in margins year over year. AFFO per Share: Grew 10% year over year. Gross Bookings: Best performance in company history, with over 16,200 deals across more than 6,000 customers in 2024. xScale Capacity Leased: Approximately 150 megawatts in 2024. Operating Costs Reduction: Decreased PUE by more than 6%, lowering costs by $18 million for 2024. Interconnection Revenue: Increased 9% year over year, representing 19% of recurring revenues. Net Leverage: 3.4 times, with cash and short-term investments of $3.6 billion. Capital Expenditures: Approximately $1 billion for the quarter. 2025 Revenue Growth Guidance: Expected 7% to 8% growth on a normalized and constant currency basis. 2025 Adjusted EBITDA Margin Guidance: Approximately 49%, a 190-basis-point improvement over last year. 2025 AFFO Growth Guidance: Expected to grow between 9% and 12%. 2025 CapEx Guidance: Expected to range between $3.2 billion and $3.5 billion. 2025 Cash Dividend Increase: 10% increase, totaling approximately $1.8 billion. Warning! GuruFocus has detected 9 Warning Signs with EQIX. Release Date: February 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Equinix Inc (NASDAQ:EQIX) reported a full-year revenue of $8.7 billion, marking an 8% year-over-year increase and achieving 22 years of consecutive quarterly revenue growth. Adjusted EBITDA improved by 160 basis points year-over-year, reaching $4.1 billion, indicating strong operational efficiency. The company achieved record gross bookings in both Q4 and the full year, with over 16,200 deals across more than 6,000 customers. Equinix's xScale business leased approximately 150 megawatts of capacity in 2024, nearly tripling the investment capital of the program. The company continues to see strong demand for AI and high-performance compute workloads, with over half of the volume of its top 25 deals in Q4 related to these areas. The company's as-reported numbers and outlook were negatively impacted by a significantly stronger US dollar during Q4. Equinix faced capacity constraints in Tier 1 metros, which limited its ability to meet customer demand fully. A $160 million impairment charge was booked due to the end-of-sale of the Equinix Metal product offering. The company recorded a $73 million impairment charge related to its Hong Kong 4 asset. A $31 million restructuring charge was incurred, primarily related to a reduction in force during the quarter. Q: Adaire, can you provide insights on the growing importance of AI inference relative to training, and how this impacts Equinix's business in the coming years? A: Adaire Fox-Martin, CEO, explained that the drop in inferencing costs, as highlighted by recent developments like DeepSeek, makes AI transformation more feasible for a broader range of organizations. Equinix is well-positioned to capitalize on this trend, with 50% of their top 25 deals in Q4 related to high-performance compute and AI workloads. The multi-cloud nature of the market enhances Equinix's value proposition, given their interconnection density and connectivity heritage. Q: Can you update us on the progress of the US xScale JV and the identification of markets and build programs? A: Keith Taylor, CFO, noted that Equinix has 16 xScale projects underway, with 87% of these either leased or pre-leased. The Hampton site is a focus, with efforts to secure power and infrastructure for a 2027 launch. Equinix is also exploring three additional US sites and investing heavily in the xScale business, with $40 million in operating expenses allocated for expansion. Q: How is Equinix addressing capacity constraints in key markets, and when do you expect to be unconstrained? A: Adaire Fox-Martin, CEO, acknowledged capacity constraints in Tier 1 metros and emphasized the "build bolder" strategy to address these. Equinix is accelerating projects like NY3, DC16, and LD4 by at least a year to meet demand. They have 62 major projects underway, aiming to streamline build cycles and deliver larger retail capacity efficiently. Q: What are the expectations for churn in 2025, and how does Equinix plan to manage it? A: Adaire Fox-Martin, CEO, stated that churn is expected to remain within the 2% to 2.5% range. Equinix plans to focus on increasing interconnection rates, as customers with higher interconnection have a lower propensity to churn. The company will leverage data to manage churn effectively and aim for the lower end of the range. Q: Can you discuss the impact of fiber market activity on Equinix's business, particularly with partnerships like Zayo? A: Adaire Fox-Martin, CEO, highlighted the importance of Equinix's global reach and dense interconnection with network service providers. The partnership with Zayo and similar activities are expected to be significant drivers of business, as they align with Equinix's strengths in connectivity and interconnection. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
13-02-2025
- Business
- Yahoo
Equinix Inc (EQIX) Q4 2024 Earnings Call Highlights: Record Gross Bookings and Strategic Growth ...
Revenue: $8.7 billion for the full year 2024, up 8% year over year. Adjusted EBITDA: $4.1 billion, with a 160-basis-point improvement in margins year over year. AFFO per Share: Grew 10% year over year. Gross Bookings: Best performance in company history, with over 16,200 deals across more than 6,000 customers in 2024. xScale Capacity Leased: Approximately 150 megawatts in 2024. Operating Costs Reduction: Decreased PUE by more than 6%, lowering costs by $18 million for 2024. Interconnection Revenue: Increased 9% year over year, representing 19% of recurring revenues. Net Leverage: 3.4 times, with cash and short-term investments of $3.6 billion. Capital Expenditures: Approximately $1 billion for the quarter. 2025 Revenue Growth Guidance: Expected 7% to 8% growth on a normalized and constant currency basis. 2025 Adjusted EBITDA Margin Guidance: Approximately 49%, a 190-basis-point improvement over last year. 2025 AFFO Growth Guidance: Expected to grow between 9% and 12%. 2025 CapEx Guidance: Expected to range between $3.2 billion and $3.5 billion. 2025 Cash Dividend Increase: 10% increase, totaling approximately $1.8 billion. Warning! GuruFocus has detected 9 Warning Signs with EQIX. Release Date: February 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Equinix Inc (NASDAQ:EQIX) reported a full-year revenue of $8.7 billion, marking an 8% year-over-year increase and achieving 22 years of consecutive quarterly revenue growth. Adjusted EBITDA improved by 160 basis points year-over-year, reaching $4.1 billion, indicating strong operational efficiency. The company achieved record gross bookings in both Q4 and the full year, with over 16,200 deals across more than 6,000 customers. Equinix's xScale business leased approximately 150 megawatts of capacity in 2024, nearly tripling the investment capital of the program. The company continues to see strong demand for AI and high-performance compute workloads, with over half of the volume of its top 25 deals in Q4 related to these areas. The company's as-reported numbers and outlook were negatively impacted by a significantly stronger US dollar during Q4. Equinix faced capacity constraints in Tier 1 metros, which limited its ability to meet customer demand fully. A $160 million impairment charge was booked due to the end-of-sale of the Equinix Metal product offering. The company recorded a $73 million impairment charge related to its Hong Kong 4 asset. A $31 million restructuring charge was incurred, primarily related to a reduction in force during the quarter. Q: Adaire, can you provide insights on the growing importance of AI inference relative to training, and how this impacts Equinix's business in the coming years? A: Adaire Fox-Martin, CEO, explained that the drop in inferencing costs, as highlighted by recent developments like DeepSeek, makes AI transformation more feasible for a broader range of organizations. Equinix is well-positioned to capitalize on this trend, with 50% of their top 25 deals in Q4 related to high-performance compute and AI workloads. The multi-cloud nature of the market enhances Equinix's value proposition, given their interconnection density and connectivity heritage. Q: Can you update us on the progress of the US xScale JV and the identification of markets and build programs? A: Keith Taylor, CFO, noted that Equinix has 16 xScale projects underway, with 87% of these either leased or pre-leased. The Hampton site is a focus, with efforts to secure power and infrastructure for a 2027 launch. Equinix is also exploring three additional US sites and investing heavily in the xScale business, with $40 million in operating expenses allocated for expansion. Q: How is Equinix addressing capacity constraints in key markets, and when do you expect to be unconstrained? A: Adaire Fox-Martin, CEO, acknowledged capacity constraints in Tier 1 metros and emphasized the "build bolder" strategy to address these. Equinix is accelerating projects like NY3, DC16, and LD4 by at least a year to meet demand. They have 62 major projects underway, aiming to streamline build cycles and deliver larger retail capacity efficiently. Q: What are the expectations for churn in 2025, and how does Equinix plan to manage it? A: Adaire Fox-Martin, CEO, stated that churn is expected to remain within the 2% to 2.5% range. Equinix plans to focus on increasing interconnection rates, as customers with higher interconnection have a lower propensity to churn. The company will leverage data to manage churn effectively and aim for the lower end of the range. Q: Can you discuss the impact of fiber market activity on Equinix's business, particularly with partnerships like Zayo? A: Adaire Fox-Martin, CEO, highlighted the importance of Equinix's global reach and dense interconnection with network service providers. The partnership with Zayo and similar activities are expected to be significant drivers of business, as they align with Equinix's strengths in connectivity and interconnection. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
