Equinix Boosts 2025 Revenue Forecasts Amid AI Demand

Published 9 hours agoEQIX

Equinix Boosts 2025 Revenue Forecasts Amid AI Demand

Equinix, a major player in digital infrastructure based in the U.S., has revised its 2025 revenue and funds from operations (FFO) projections upward owing to increasing demand for its data center services. This surge in demand is largely fueled by advances in artificial intelligence, with the company adjusting its full-year revenue forecast to a range between $9.175 billion and $9.275 billion. Previously, Equinix had estimated its revenue would fall between $9.033 billion and $9.133 billion.

Accompanying the revenue forecast update, Equinix increased its annual FFO per share estimate, now anticipating figures between $37.36 and $38.17, compared to the earlier forecast of $36.69 to $37.51. According to Reuters, this adjustment comes in response to sustained investments from large cloud providers and smaller enterprises enhancing their AI capabilities. Additionally, Equinix reported a first-quarter revenue of $2.23 billion, slightly above what analysts had predicted.

Following the company's announcement, Equinix saw a 3% rise in its shares during after-hours trading. This comes as a validation of its strategic focus on AI and digital transformation, aligning its infrastructure services with the evolving market demands. In recent trading, Equinix's stock price currently stands at $860.75, with a slight increase of $6.19 or 0.01% since the last close, and a recorded intraday high of $886.77.

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