Why Equinix (EQIX) Outpaced the Stock Market Today

Equinix (EQIX) closed at $1,025.72, up 1.32% in the latest session, outperforming the S&P 500's 0.73% gain. The data center operator has declined 2.74% over the past month. Upcoming Q3 earnings on October 28, 2026 are projected to show EPS of $10.51 (+6.92% YoY) and revenue of $2.57 billion (+10.95% YoY). The company holds a Zacks Rank #2 (Buy) rating with a Forward P/E of 23.3, trading at a premium to its industry average of 13.52.