Citi has revised its price target for Equinix (EQIX, Financial), reducing it from $1,020 to $970 while maintaining a Buy rating on the company's shares. This adjustment comes in response to evolving tariff policies, which present a challenge in forecasting their precise impact.
The fluctuating nature of these policies introduces additional risks that could potentially lead to a slowdown in macroeconomic activities. Such uncertainties may influence strategic business decisions within the telecom infrastructure sector, according to Citi analyst Michael Rollins.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 24 analysts, the average target price for Equinix Inc (EQIX, Financial) is $1,019.29 with a high estimate of $1,200.00 and a low estimate of $834.00. The average target implies an upside of 30.90% from the current price of $778.68. More detailed estimate data can be found on the Equinix Inc (EQIX) Forecast page.
Based on the consensus recommendation from 27 brokerage firms, Equinix Inc's (EQIX, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Equinix Inc (EQIX, Financial) in one year is $894.15, suggesting a upside of 14.83% from the current price of $778.675. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Equinix Inc (EQIX) Summary page.
