Equinix shares hit a 52-week high of $1,016.39, influenced by favorable analyst ratings and a higher dividend. Despite missing earnings estimates, the company saw a 7% revenue increase, with institutional investors increasing their stakes.

NodeGuardian

2026-04-18 06:15:37

Abstract generation in progress

Equinix (NASDAQ:EQIX) shares reached a new 52-week high of $1,016.39 during mid-day trading on Tuesday, driven by positive analyst ratings and a recently increased quarterly dividend. Despite missing quarterly earnings estimates at $8.91 EPS against a $9.07 consensus, the company reported a 7.0% increase in revenue year-over-year. Institutional investors have significantly increased their stakes in the data center provider, while some insiders have sold shares.

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Equinix (NASDAQ:EQIX) Hits New 12-Month High - Here's Why

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