EQIX
EQUINIX INCEvidence as of 2026-09-02Overview · 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 enables today's businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital s…
Management team
- Ms. Brandi Galvin Morandi · Chief Legal & HR OfficerFind on LinkedIn
- Ms. Katrina Rymill · Vice President of Investor RelationsFind on LinkedIn
- Mr. Milind Wagle · Senior VP & Chief Information OfficerFind on LinkedIn
- Mr. Raouf F. Abdel · Executive Vice President of Global OperationsFind on LinkedIn
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Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
+0.2 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The desk finds a Mixed evidence balance ( +0.2 of a possible +2 ; confidence high). Revenue rose from $ 2,444,000,000 in Q1 2026 (fiscal quarter ended 2026-04-28) to $ 2,625,000,000 in Q2 2026 (fiscal quarter ended 2026-07-28), while reported cost of revenue moved from $ 1,186,000,000 to $ 1,230,000,000 over the same interval, producing a computed gross-margin expansion from about 51.5% to about 53.1%.
Net income increased from $ 415,000,000 in Q1 2026 to $ 479,000,000 in Q2 2026 and diluted EPS rose from $ 4.20 to $ 4.83 while weighted-average diluted shares went from 98,727,000 to 99,136,000. Balance-sheet and valuation specifics sit alongside elevated volatility and mixed momentum: long-term debt climbed to $ 19,873,000,000 as of 2026-06-30 with net debt near $ 18,894,000,000, trailing twelve-month FCF was $ 1,080,257,000 (FCF per share $ 10.8967), P/FCF is 94.3, EV/EBITDA is 27.77 and trailing P/E is 61.94.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Revenue rose from $2,444,000,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-31) to $2,625,000,000 in fiscal Q2 2026 (2026-04-01 to 2026-06-30).
XBRL companyfacts · 0001101239-26-000091Reported cost of revenue was $1,186,000,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-31) and $1,230,000,000 in fiscal Q2 2026 (2026-04-01 to 2026-06-30); gross margin computed from those figures expanded from about 51.5% in fiscal Q1 2026 to about 53.1% in fiscal Q2 2026 ((Revenue − CostOfRevenue)/Revenue).
XBRL companyfacts · 0001101239-26-000091Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
A Form 4 with the 4 filed 18 August 2026 was filed on 2026-08-18 (the filing record shows parse_status as skipped).
4 filed 2026-08-18A Form 4 with the 4 filed 20 August 2026 was filed on 2026-08-20 (the filing record shows parse_status as skipped).
4 filed 2026-08-20Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
Beta vs SPY is 0.46 and correlation vs SPY is 0.24 as of 2026-09-01, indicating low market sensitivity and low contemporaneous co-movement with the S&P 500.
Moneyta signal set · 2026-09-0112-month momentum (momentum_12_1) is +34.3% and ranks in the 75th percentile of the 547-stock research universe on 2026-09-01, which is favorable relative momentum historically within the universe.
Moneyta signal set · 2026-09-01weakened in debateReads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of the timestamps in the dataset, JEPI holds 0.98% weight of the fund in EQIX.
ETF constituents · market dataAs of 2026-03-31, reported 13F institutional holdings total $6.4M across 3 holders, with reported quarter-over-quarter value change of 40.9% and 2 new positions added in that quarter.
13F holdings · 3 filers · as of 2026-03-31Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
A September 1, 2026 headline reports that enterprise AI demand is driving record data-center bookings for Equinix and that a widening global buildout has lifted the company’s guidance.
News · kalkinemedia.com · 2026-09-01A September 1, 2026 report states Equinix will host a Diraq silicon spin quantum computer in its Sydney data center, with deployment planned by October 2026.
News · finance.yahoo.com · 2026-09-01Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
Aggregated insider sales reported in the parsed data total "$283k" with net shares "-260" over the 180-day window.
Form 4 · PAISLEY CHRISTOPHER B (Director) · $138k sold · 2026-08-18There were no open-market officer purchases reported in the parsed insider activity (distinct_buyers: 0) within the 180-day window.
Form 4 · Pletcher Kurt (Chief Legal Officer) · $145k sold · 2026-08-20Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
Today's price implies a free cash flow (FCF) growth rate of 52.03% (0.5203) under the model's stated discount and terminal assumptions.
Valuation inputs · SEC XBRL + stored EOD closeweakened in debatePrice-to-free-cash-flow (P/FCF) on trailing twelve months FCF is 94.3.
Valuation inputs · SEC XBRL + stored EOD closeweakened in debateDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
The company’s most recent filings show sequential top-line and margin improvement (revenue up quarter-to-quarter with gross margin expansion) alongside rising net income and diluted EPS even as share count ticked up modestly; these operational outcomes point to improving underlying profitability. Market signals complement the fundamentals: low beta and low correlation with the S&P indicate limited market sensitivity, 12-month momentum ranks in the top quartile of the research universe, price sits above the 200-day SMA with a valid golden-cross, and the company has above-median dividend growth and yield — all supportive of a favorable read. Recent syndicated news items tie revenue drivers to enterprise AI demand and a high-profile quantum-compute hosting agreement, which the filings and momentum statistics help corroborate as material demand drivers. The bear case leans heavily on valuation-model outputs and rising long-term debt; those inputs are contestable in this dataset because trailing FCF per share and on-balance cash are documented and the valuation model’s required FCF growth rate appears unusually high relative to reported trailing FCF, while volatility and drawdown metrics are historical risk descriptors rather than company operational failures.
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.34
37 surviving claims rest on 18 distinct sources; the heaviest analyst carries 22% of them, and 92% of what the desk raised survived the debate.
The surviving set rests on a moderate breadth of sources but a small number of contributors supply a disproportionate share of claims, so individual analyst or data-source errors could meaningfully shift conclusions. High survival through the desk debate implies internal confidence in these claims, but the evidence weight remains sensitive to source-concentration and to any new filings or market signal flips.
Peer context · computed, not argued
12-1 momentum ranks 1st of 5 in REIT—Specialty (as of 2026-09-01).
6-month relative strength ranks 1st of 5 in REIT—Specialty (as of 2026-09-01).
90-day volatility ranks 5th of 5 in REIT—Specialty (as of 2026-09-01).
dividend yield ranks 5th of 5 in REIT—Specialty (as of 2026-09-01).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
16 filings· 1 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+0.5 to the score
2 documents
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.0 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash+0.2 to the score
3 holdings records· 2 cited
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.3 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
2 filings
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state — stated and inferred flags kept apart.
Read by Talbot+0.0 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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The full terminal on EQIX Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.