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MarketBeat

Business

Chris Markoch

Guidance, Not Earnings, Sends Equinix Stock Higher

Equinix EQIX MarketBeat

Equinix Inc. (NASDAQ: EQIX) stock is up more than 12% after the company reported earnings after the market closed on Feb. 11. The real estate investment trust (REIT) missed on the top and bottom lines, but it was the guidance that has investors bidding the stock higher.

Specifically, Equinix projected full-year 2026 revenue in a range of $10.12 billion to $10.22 billion. That’s only slightly higher than the consensus estimate of $10.07 billion. However, it’s confirmation that growth continues to accelerate.

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