On May 27, Barclays increased the company’s target on Equinix, Inc. (Nasdaq: EQIX) to $ 837 against $ 834 and has kept an equal weight rating.
The rating update has followed the company’s model updates in the Group of Data Centers, indicating a prudent but stable perspective on the operations of Equinix, Inc. (Nasdaq: Eqix).
A team of IT professionals working on a digital platform, indicating agile digital services of the company.
Equinix, Inc. (Nasdaq: EQIX) Tax Q1 2025 The Gains showed a good start of the year, exceeding expectations on key financial measures. Its income underwent 5% in the same quarter last year, according to 2.2 billion dollars. Rise and net reservations for the quarter have also exceeded expectations, supported by improving the execution of sales and a sustained request.
The operating profit for the Budget 2025 T1 2025 increased by 26% to 458 million dollars, mainly due to the high underlying operational performance. Equinix, Inc. (Nasdaq: EQIX) also declared a 48% increase in net profit compared to the same period last year, reaching $ 343 million.
Equinix, Inc. (NASDAQ: EQIX) is a digital infrastructure company with a platform that interconnects the fundamental infrastructure. Its offers include interconnection services, digital services, data center services and support services. The company operates through the following geographic segments: Americas, Europe, Middle East and Africa and Asia-Pacific.
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Disclosure: None.
