Equinix (EQIX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
On September 4, 2024, Charles Meyers, Executive Chairman of Equinix Inc (NASDAQ:EQIX), executed a sale of 6,234 shares of the company. Following this transaction, the insider now owns 7,680 shares of Equinix Inc. Equinix Inc operates as a global provider of data center services, facilitating interconnection between companies and their customers at key network hubs.
Robust data center demand, expansion efforts and a healthy balance sheet will likely aid EQIX's growth. A competitive landscape and high interest rates are concerns.