Equinix, Inc. (NASDAQ:EQIX) is one of the
10 Best AI Pick & Shovel Stocks to Buy. On April 8, 2026, Cantor Fitzgerald initiated coverage on Equinix, Inc. (NASDAQ:EQIX) with an Overweight rating and a price target of $1,173. Cantor Fitzgerald said AI infrastructure is “an attractive place to invest,” citing broad adoption across industries and expecting a sustained imbalance between supply and demand over the next five years to support prices.
On March 30, 2026, Truist assumed coverage of Equinix, Inc. (NASDAQ:EQIX) with a Buy rating and raised its price target to $1,127 from $1,087. Truist said data centers are its preferred subsector within infrastructure and communications technology, describing it as “the effective real estate partner for investing in artificial intelligence, cloud and digital transformation,” highlighting Equinix along with Digital Realty as preferred names.
In early March, Equinix, Inc. (NASDAQ:EQIX) named Olivier Leonetti as chief financial officer, effective March 16. Olivier Leonetti previously served as CFO of Eaton and Johnson Controls and held financial leadership roles at Zebra Technologies, Western Digital, Dell and Amgen, succeeding Keith Taylor.
Equinix, Inc. (NASDAQ:EQIX) operates digital infrastructure and data centers globally.
While we recognize EQIX’s potential as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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