Equinix stock gains 3.52 percent as Redburn starts coverage

Published on 09/22/2026 at 15:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Equinix stock closed at USD 1,057.26 on September 21, 2026, up 3.52 percent. Q2 revenue reached USD 2.62 billion, up 16.4 percent year over year.

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Equinix Inc. (ISIN US29444U7033) closed at USD 1,057.26 on Nasdaq on September 21, 2026, gaining USD 35.92, or 3.52 percent, from the prior close. The move came as TipRanks reported on September 21, 2026, that Rothschild and Co Redburn initiated coverage with a Buy rating and a USD 1,261 price target.

Redburn sets a higher benchmark

The new target of USD 1,261 stands USD 203.74 above the September 21 closing price, implying a 19.3 percent gap between the market level and the published target. MarketBeat reported on September 22, 2026, that the research view was listed as Strong Buy and that Equinix shares opened at USD 1,057.32.

The valuation signal is demanding. Equinix traded at a market capitalization of USD 104.322 billion and a trailing price-to-earnings ratio of 68.12 as of the September 21 close, while the 52-week range extended from USD 720.62 to USD 1,128.68. The closing price was therefore USD 71.42 below the reported 52-week high.

Q2 revenue grows 16.4 percent

Equinix reported second-quarter fiscal 2026 revenue of USD 2.62 billion, up 16.4 percent from the same quarter a year earlier, according to MarketBeat on September 22, 2026. Quarterly EPS came to USD 11.78, exceeding the cited consensus estimate of USD 4.73 by USD 7.05.

The same fiscal second-quarter report showed net margin of 15.64 percent and return on equity of 10.76 percent. Equinix also set fiscal 2026 EPS guidance at USD 42.69 to USD 43.29, while the cited analyst consensus for the current year was USD 38.23, creating a guidance midpoint of USD 42.99 that is USD 4.76 above consensus.

Stock remains below its yearly high

Trading activity on September 21 reached 511,507 shares, against an average volume of 582,857, while the session range was USD 1,032.76 to USD 1,062.04. The stock's 3.52 percent gain followed a prior close of USD 1,021.34 and left the shares 6.3 percent below the 52-week high.

For investors, the central tension is visible in the comparison between operating growth and valuation. Revenue expanded by 16.4 percent in fiscal Q2 2026, but the trailing price-to-earnings ratio stood at 68.12, so the market already assigns substantial value to continued earnings growth.

Equinix stock closes at USD 1,057.26

Equinix stock closed at USD 1,057.26 on Nasdaq on September 21, 2026, with a daily gain of 3.52 percent. The published USD 1,261 target from Rothschild and Co Redburn remains above that closing level, while the shares remain below the reported 52-week high of USD 1,128.68.