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Equinix Names Olivier Leonetti as New Chief Financial Officer

Tipranks - Wed Mar 11, 8:34AM CDT

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The latest update is out from Equinix ( (EQIX) ).

On March 7, 2026, Equinix’s board approved the appointment of veteran finance executive Olivier Leonetti as Chief Financial Officer, effective March 16, 2026, succeeding longtime CFO Keith Taylor, who will retire from the role and remain as a special advisor for about a year to support the transition. Leonetti, a former CFO of Eaton, Johnson Controls, Zebra Technologies and Western Digital, will receive a compensation package featuring a $700,000 base salary, significant annual bonus and long-term equity incentives tied to performance and shareholder returns, underscoring Equinix’s focus on experienced financial leadership as it manages growth and its position as a leading digital infrastructure provider.

The most recent analyst rating on (EQIX) stock is a Buy with a $1095.00 price target. To see the full list of analyst forecasts on Equinix stock, see the EQIX Stock Forecast page.

Spark’s Take on EQIX Stock

According to Spark, TipRanks’ AI Analyst, EQIX is a Outperform.

EQIX scores well primarily on strengthening operating performance and a constructive outlook (accelerating bookings, guided revenue/AFFO growth, and margin expansion). Technicals also support the score with a strong uptrend, though momentum is somewhat stretched. The main constraints are premium valuation and balance-sheet/cash-flow sensitivity tied to elevated leverage and ongoing heavy CapEx.

To see Spark’s full report on EQIX stock, click here.

More about Equinix

Equinix, Inc., listed on Nasdaq as EQIX, operates in the digital infrastructure sector, providing interconnected data centers and digital ecosystems that support global connectivity and AI-driven services. Its platform links economies, countries, organizations and communities, enabling customers to deliver seamless digital experiences efficiently at scale worldwide.

Average Trading Volume: 631,757

Technical Sentiment Signal: Buy

Current Market Cap: $92.84B

For detailed information about EQIX stock, go to TipRanks’ Stock Analysis page.

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