Keith D. Taylor, Chief Financial Officer of Equinix Inc (NASDAQ:EQIX), completed a sale of 2,000 shares of the company's common stock on February 12, 2026. The shares traded at $956.44 apiece, bringing the total value of the transaction to approximately $1.9 million. The disposal was carried out pursuant to a 10b5-1 trading plan. After the transaction, Taylor directly holds 24,373.057 shares of Equinix.
Separately, Equinix updated investors on its financial outlook for 2026 and reported several operating results that drew attention from market participants. For the full year 2026, Equinix projected revenue in a range between $10.12 billion and $10.22 billion, which exceeds a Wall Street consensus figure of $10.07 billion cited in company materials. The company also raised its outlook for adjusted funds from operations (AFFO) per share growth to 10.5% for 2026, up from a previously expected 5% improvement.
Equinix acknowledged that it missed fourth-quarter 2025 earnings expectations, attributing that shortfall to the delayed timing of a large deal. Despite the quarterly earnings miss, the company recorded $474 million in bookings during the period - a company record and a 42% increase year-over-year - and posted a 10% rise in monthly recurring revenue.
Following these updates, several analyst firms revised their price targets and ratings for Equinix. Stifel raised its target to $1,075 and cited the company’s strong guidance for 2026. TD Cowen increased its target to $1,123, pointing to robust bookings and the favorable guidance. Scotiabank lifted its target to $997, highlighting Equinix’s strong start to 2026 and the potential for earnings acceleration. Citizens retained its Market Outperform rating and kept a price target of $1,200, emphasizing strategic execution.
The combination of insider activity and the company’s forward guidance, bookings performance and analyst adjustments form the factual basis for investor attention around Equinix. The information presented here is limited to the company-disclosed transactions, guidance and the analyst actions noted above.
Note: This article presents the transaction, company guidance, operating metrics and analyst reactions as reported by Equinix and market commentary; it does not add new data beyond those disclosures.