Equinix raises 2025 outlook despite stock slump and market pressures
Equinix, Inc. (EQIX), a major data centre real estate investment trust, has seen its stock struggle over the past year. While the broader market rose, EQIX fell by 14.3% in the last 52 weeks and dropped 17.4% year-to-date. Despite this, the company recently raised its financial outlook for 2025.
In its latest quarterly results, Equinix reported a 5.2% year-over-year revenue increase, reaching $2.3 billion. This figure matched analyst expectations. The company’s adjusted funds from operations (AFFO) per share also grew by 8.6% from the same period last year, beating consensus estimates by 6.2%.
Equinix continues to face market headwinds, with its stock lagging behind both the S&P 500 and sector-specific ETFs. Yet, the company’s improved revenue and AFFO per share, along with raised guidance, suggest underlying strength. Analysts largely remain bullish, though expectations for a dip in FFO per share highlight ongoing pressures.