Equinix Raises Revenue Guidance On AI Demand

Equinix on Feb. 11 projected full-year 2026 revenue of $10.12–$10.22 billion, above LSEG estimates of $10.07 billion, and forecasted Q1 revenue of $2.50–$2.54 billion. On Feb. 12 BMO Capital raised its price target to $1,050 and kept an Outperform rating, citing 42% bookings growth and AI-driven data-center demand; shares rose over 6% in extended trading.