Latest news with #Equinix
Business Insider
21 hours ago
- Business
- Business Insider
Citi Remains a Buy on Equinix (EQIX)
Citi analyst Michael Rollins maintained a Buy rating on Equinix (EQIX – Research Report) on May 30 and set a price target of $990.00. Confident Investing Starts Here: According to TipRanks, Rollins is a 5-star analyst with an average return of 12.4% and a 68.06% success rate. Rollins covers the Communication Services sector, focusing on stocks such as T Mobile US, AT&T, and Charter Communications. In addition to Citi, Equinix also received a Buy from DBS's Sachin Mittal in a report issued on May 27. However, on the same day, 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 72 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. Last month, Raouf Abdel, the EVP, Global Operations of EQIX sold 1,316.00 shares for a total of $1,144,920.00.
Arabian Post
a day ago
- Business
- Arabian Post
NetActuate Expands European Reach with Dublin Infrastructure Hub
NetActuate has unveiled a new point of presence in Dublin, Ireland, marking its tenth operational site in Europe. Situated within Equinix's DB1 Dublin IBX Data Center, this expansion aims to bolster the company's capacity to deliver low-latency, high-performance connectivity across the continent. The Dublin facility offers direct access to major digital exchange points, including the Equinix Internet Exchange and the Internet Neutral Exchange , facilitating seamless interconnection with prominent cloud providers such as Amazon Web Services' EU-West-1 region. This strategic move is designed to meet the escalating demand for edge computing and artificial intelligence workloads, providing customers with enhanced service availability and geographic reach throughout Europe. Dublin's status as a critical European hub for business and technology is underscored by its robust infrastructure, pro-business policies, and a skilled workforce. The city offers strategic access to transatlantic and pan-European fiber routes, making it an attractive location for global cloud and network providers seeking low-latency access across Europe. Notably, seven of the world's top ten technology companies and nine of the top ten software firms have major operational bases in Ireland. ADVERTISEMENT The new PoP enables NetActuate customers to expand their service availability and geographic reach across Europe, providing low-latency performance and seamless interconnection with major cloud providers. The Dublin PoP was rapidly deployed in direct response to growing customer demand, demonstrating NetActuate's commitment to agile infrastructure expansion tailored specifically to customer needs. NetActuate specializes in managing custom and bespoke deployments to regions worldwide based directly on customer requirements. This capability includes delivering network connectivity, compute resources, cloud services, high-capacity storage, AI infrastructure, and other advanced services on-demand and as-a-service. The launch of the Dublin PoP exemplifies NetActuate's customer-focused approach, driven and prioritized entirely by client requests and strategic needs. The Dublin site is powered entirely by 100% clean, renewable energy, allowing customers deploying services in Dublin to benefit from reduced environmental impact while enhancing performance and availability for users across Europe. Customers can choose from a range of deployment models—including colocation, bare metal, and hardware-free options using virtual machines, containers, Kubernetes, or hybrid cloud environments. NetActuate also provides a robust portfolio of transit and transport services, including cloud connectivity, extensive BGP anycast support, and edge-optimized solutions designed for speed, scale, and flexibility. NetActuate operates one of the 10 largest IPv4 and IPv6 peered networks globally, helping providers get closer to their end users—no matter where in the world they are. The company's performance BGP anycast platform powers over 25 billion transactions a day, serving as the foundation for its global network.
Business Wire
4 days ago
- Business
- Business Wire
Zenlayer Named Equinix Global Partner of the Year
LOS ANGELES--(BUSINESS WIRE)--Zenlayer, the world's hyperconnected cloud, today announced it has been named Global Partner of the Year for 2024 by Equinix, the world's digital infrastructure company®. Zenlayer earned this distinction as the sole recipient out of Equinix's extensive network of global partners, marking the first time the company has received this prestigious recognition among numerous previous awards. Zenlayer's recognition by Equinix reflects shared, sustained commitment to digital and AI transformation, empowering enterprises and AI innovators to deploy high-performance infrastructure at the edge and scale globally. Share The award acknowledges Zenlayer's exceptional contributions to accelerating global digital transformation and delivering superior value for enterprise and AI-driven applications. Throughout 2024, the partnership demonstrated significant business growth, acquiring new customers across key markets while building tremendous momentum through numerous joint initiatives and collaborative projects. "We are honored to be named Equinix's Global Partner of the Year," said Joe Zhu, Founder and CEO of Zenlayer. "This recognition reflects our shared, sustained commitment to digital and AI transformation, empowering enterprises and AI innovators to deploy high-performance infrastructure at the edge and scale globally with unmatched agility and reliability." Zenlayer and Equinix have built their partnership on a shared vision to accelerate global digital transformation. Through seamless integration between Zenlayer's edge compute and networking solutions and Equinix's high-performance data centers, the companies have enabled organizations to rapidly deploy, connect, and scale high-performance infrastructure globally. Zenlayer's AI solutions have been central to this partnership, successfully implementing multiple AI projects across the APAC region and integrating GPU-as-a-Service with Equinix's AI-ready data centers globally. The collaboration delivers comprehensive edge compute and networking solutions through Equinix's global infrastructure expertise, reducing customer deployment times by up to 80% in emerging markets. Complementing these offerings, Zenlayer's Bare Metal provides high-performance computing for edge workloads, enabling technology leaders to deploy applications and services globally with reduced costs and improved operational efficiency for both traditional and AI-driven workloads. "We congratulate Zenlayer on being named our Global Partner of the Year," said Lisa Miller, Senior Vice President, Platform Alliances and Global Channel, Equinix. "Among our outstanding partners, Zenlayer distinguished itself last year with a steadfast commitment to excellence—pioneering the first AI projects in APAC and driving numerous collaborative initiatives that elevate our joint capabilities around the world." Looking ahead, Zenlayer plans to continue to expand its hyperconnected cloud footprint and deepen its platform integration with Equinix to ensure customers worldwide can build and scale tomorrow's applications anywhere, faster than ever. The companies plan to focus on expanding AI infrastructure solutions in emerging markets throughout 2025 and beyond. For more information about Zenlayer's partnership with Equinix, visit Zenlayer & Equinix. About Zenlayer Zenlayer is the world's first hyperconnected cloud, operating more than 300 PoPs across 50+ countries. The world's largest and most innovative companies utilize Zenlayer's cloud compute and networking services to deploy and run applications at the edge. Zenlayer enables organizations to rapidly grow their global footprint and instantly improve real-time digital experiences worldwide. Visit us online at and connect with us on LinkedIn.
Yahoo
4 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
Business Wire
5 days ago
- Business
- Business Wire
Options Named Equinix 2024 Emerging Partner
NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--Options Technology (Options), the leading provider of capital markets infrastructure, today announced it has been honored with the Equinix 2024 Emerging Partner Award for the Americas. This prestigious recognition highlights Options' commitment to delivering innovative digital infrastructure solutions that empower clients in their digital transformation journeys. The Emerging Partner Award recognizes exceptional growth and innovation in leveraging Equinix's global expertise as the world's digital infrastructure company to deliver transformative outcomes for customers. Share The Emerging Partner Award recognizes exceptional growth and innovation in leveraging Equinix's global expertise as the world's digital infrastructure company to deliver transformative outcomes for customers. Options has driven major infrastructure advances across key trading hubs worldwide, deploying cutting-edge cloud and low-latency solutions for the financial services community. Danny Moore, President and CEO of Options, commented: "Receiving the Equinix Emerging Partner Award is a tremendous endorsement of our teams' work across the Americas. Our partnership with Equinix continues to be a key enabler of our growth, helping us meet demand for scalable, resilient, and high-performance infrastructure that supports the evolving needs of capital markets participants." Kevin Thames, Vice President, Americas Channel, Equinix, added: "We are thrilled to recognize Options Technology as our Emerging Partner in the Americas. Their innovative approach and commitment to excellence have significantly contributed to our shared mission of enabling digital transformation for our customers." Bill Mandra, Director of Global Data Centre Operations at Options, who accepted the award on behalf of the firm, said: "It was an honor to receive this recognition from Equinix. This award reflects the tireless work of our global infrastructure team and the strength of our collaboration with Equinix in delivering industry-leading solutions across the Americas." This accolade further demonstrates Options' drive and ability to innovate and develop technologies and programs that enable end-customer companies to succeed in digital transformation and to future-proof their businesses. It also reinforces Options' broader mission to provide capital markets clients with the agility, speed, and reliability they need to stay ahead in a rapidly evolving trading environment. Today's announcement follows a series of significant milestones for Options, including the launch of AtlasWorkplace, a strategic partnership with SkyBridge Capital, and the expansion of its APAC footprint with the opening of a new office in Hong Kong. Options Technology: Options Technology (Options) is a financial technology company at the forefront of banking and trading infrastructure. We serve clients globally with offices in New York, London, Belfast, Cambridge, Chicago, Hong Kong, Tokyo, Singapore, Paris, and Auckland. At Options, our services are woven into the hottest trends in global technology, including high-performance Networking, Cloud, Security, and AI (Artificial Intelligence).
