Summary
Equinix, Inc. (EQIX) held an Analyst Day event on June 25, 2025, providing investors with updated long-term financial outlooks. The company projects a strong growth trajectory through 2029, expecting annual revenue growth in the range of 7% to 10%. Furthermore, Equinix anticipates significant improvements in profitability, with adjusted EBITDA margins projected to expand to 52% or greater by 2029. Key to investor returns, the company also outlined its expectations for Adjusted Funds from Operations (AFFO) per share, forecasting growth of 5% to 9% annually from 2025 through 2029. This growth is expected to accelerate towards the higher end of the range by 2029, with 2026 AFFO per share growth anticipated to be 5% or greater. Additionally, Equinix is committed to shareholder returns, projecting dividend per share growth of 8% or greater each year over the same period.
Key Highlights
- 1Projected annual revenue growth of 7% - 10% through 2029.
- 2Anticipated expansion of adjusted EBITDA margins to 52% or greater by 2029.
- 3Expected AFFO per share growth of 5% - 9% annually from 2025 through 2029.
- 4AFFO per share growth expected to accelerate to the top end of the range by 2029.
- 52026 AFFO per share growth is projected to be 5% or greater.
- 6Projected dividend per share growth of 8% or greater each year from 2025 through 2029.