Scotiabank Reaffirms Their Buy Rating on Equinix (EQIX)
In a report released today, Maher Yaghi from Scotiabank maintained a Buy rating on Equinix, with a price target of $997.00.
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According to TipRanks, Yaghi is a 4-star analyst with an average return of 3.9% and a 56.47% success rate. Yaghi covers the Communication Services sector, focusing on stocks such as AT&T, BCE, and Comcast.
In addition to Scotiabank, Equinix also received a Buy from TD Cowen’s Michael Elias in a report issued today. However, on the same day, Barclays maintained a Hold rating on Equinix (NASDAQ: EQIX).
Based on Equinix’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.32 billion and a net profit of $374 million. In comparison, last year the company earned a revenue of $2.2 billion and had a net profit of $297 million
Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EQIX in relation to earlier this year. Most recently, in December 2025, Raouf Abdel, the EVP, Global Operations of EQIX sold 403.00 shares for a total of $298,220.00.
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