How to Buy Equinix Stock
Equinix Inc
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success.
Equinix stock last closed at $731.91, down 0.22% from the previous day, and has increased 20.13% in one year. It has overperformed other stocks in the REIT - Specialty industry by 0.26 percentage points. Equinix stock is currently +47.89% from its 52-week low of $494.89, and -10.92% from its 52-week high of $821.63.
There are currently 93.56M shares of EQIX outstanding. The market capitalization of EQIX is $68.48B. In the past 24 hours, 413,052 EQIX shares were traded.
How to Buy Equinix Stock
Wondering how to invest in Equinix stock? Here's how.
- Choose where to buy Equinix stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Equinix stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your method of payment and add your info.
- Evaluate Equinix stock: The Equinix ticker symbol is EQIX. Is Equinix stock a good investment? Should you buy shares of EQIX? How do EQIX's underlying business fundamentals look? Do top analysts think Equinix is a good buy? Why has EQIX's stock price moved recently? (Hint: Our stock research tools can help you understand if EQIX is a good stock to buy).
- Execute your EQIX trade: Decide if you will purchase EQIX shares at the current market price or use a limit order to purchase EQIX stock at a specific price.
- Get the latest news on your EQIX position: Create a watchlist to get live updates on your new investment in Equinix shares.
Step 1: Choose where to buy Equinix stock
You need a brokerage account in order to access the NASDAQ market and buy EQIX shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Utilities, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal info so you are able to invest in EQIX stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.
- Input your personal details to start a new trading account.
- Submit your data by clicking the "Create Account" button.
Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on a investment app, you need to deposit funds:
Watch the tutorial below if you need help transferring funds into your brokerage account.
Step 4: Evaluate Equinix stock
Once you have decided on the best place to buy Equinix stock, it's important to analyze their stock prior to buying, so you truly understand the risk as well as the opportunity.
Equinix stock at a glance
Fundamentals of Equinix
WallStreetZen was built to help average investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on EQIX's stock page.
What is the fair value of EQIX stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge EQIX's fair value.
Using relative valuations ratios:
- EQIX may be overvalued based on its P/E ratio of 84.42x, relative to REIT - Specialty industry P/E ratio of 61.26x
- EQIX could be overvalued based on its P/B ratio of 5.7x, relative to REIT - Specialty industry P/B ratio of 5.33x
- EQIX could be undervalued based on its PEG ratio of 0.98x
You can do additional valuation research on EQIX's stock here.
A quick look at EQIX Financials
Passed Financial Due Diligence Checks:
- EQIX profit margin has gone up from 9.2% to 10.4% in the past year.
- There are more short-term assets than short-term liabilities on the EQIX balance sheet.
- Total EQIX debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- EQIX has a relatively high debt to equity ratio of 1.62.
- There are more long-term liabilities than short-term assets on the EQIX balance sheet.
- EQIX earnings of $1.37B is not enough to cover its interest payments.
- EQIX's operating cash flow of $3.01B allows it to safely service it's debt of $17.18B.
Do analysts think it's a good time to buy EQIX stock
Out of 11 Equities analysts who give forecasts on EQIX, the consensus analyst rating on Equinix is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent EQIX Analyst Upgrades/Downgrades
Simon Flannery, a top 25% analyst from Morgan Stanley maintains EQIX with a hold rating and raises their EQIX price target from $725.00 to $785.00, on Sep 8, 2023.
Matthew Niknam, a bottom 7% analyst from Deutsche Bank maintains EQIX with a strong buy rating and raises their EQIX price target from $780.00 to $825.00, on Aug 15, 2023.
Frank Louthan, a bottom 3% analyst from Raymond James maintains EQIX with a strong buy rating and raises their EQIX price target from $885.00 to $910.00, on Aug 3, 2023.
Brendan Lynch, a bottom 3% analyst from Barclays maintains EQIX with a hold rating and raises their EQIX price target from $700.00 to $720.00, on Aug 3, 2023.
Eric Luebchow, a bottom 8% analyst from Wells Fargo downgrades EQIX to a hold rating and maintains their EQIX price target from $810.00 to $810.00, on Jul 21, 2023.
You can dig deeper into what analysts are forecasting on the Equinix stock forecast page.
EQIX Momentum
EQIX Earnings
Last year, EQIX earnings were $806.39M. In the last 5 year, EQIX's earnings have grown by 19.96% per year. This was faster than the REIT - Specialty industry average of 14.94%.
Last year, EQIX revenue was $7.73B. During the last five year, EQIX's revenue has grown by 9.86% per year. This was faster than the REIT - Specialty industry average of 8.46%.
Learn more about EQIX's earnings and revenue performance here.
Who is buying/selling EQIX?
Over the past year, insiders at EQIX have sold more shares than they have bought.
Scott Crenshaw, EVP GM Digital Services of EQIX, was the latest EQIX insider to sell. They sold $247,564.19 worth of EQIX shares on Sep 6, 2023.
Dig into more about who owns EQIX shares here.
Can I get consistent income from EQIX stock?
Equinix pays a dividend of 1.82%, compared to the REIT - Specialty industry's average dividend yield of 5.62%. If you owned $1,000 worth of EQIX stock, you would have received $18.21 in the past year.
Equinix dividend payments have not consistently grown over the past 9 years and have not remained stable.
Get more data about Equinix dividend yield and history here.
What others are saying about EQIX
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your EQIX trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Press the Open button and eToro will place the order.
If you require additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your EQIX position
Now that you own some EQIX shares, you'll want to keep up with your company.
Start a watchlist to keep tabs on your EQIX stock.
EQIX Feed
How to Buy Stock in Equinix
To summarize, here are the 6 steps to buy Equinix stock:
- Choose where to buy Equinix stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Evaluate Equinix stock
- Execute your EQIX trade
- Get the latest news on your EQIX position
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Equinix, click the button below.
Trending Stock Buying Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.