New York, Feb 13, 2026, 09:04 ET — Premarket action.
- EQIX added 0.2% before the bell, following a 10.4% surge the previous session.
- The data-center REIT bumped up its 2026 revenue outlook and increased its quarterly dividend to $5.16.
- Eyes are on Friday’s inflation numbers, with investors gauging the impact on real estate shares that tend to move with interest-rate shifts.
Equinix ticked up 0.2% to $959.99 ahead of Friday’s open, building on Thursday’s 10.41% jump that took the stock to $957.87 at the close.
Equinix’s rebound dropped it squarely into the thick of the AI infrastructure bet, where investors continue to weigh genuine need against fleeting excitement. “We see this as a ‘prove it’ year for AI,” said Jack Herr at GuideStone Funds. Reuters
Bigger-picture forces are still in play for the group. The Labor Department reported U.S. consumer prices ticked up 0.2% in January—less than economists had forecast. Core CPI, though, climbed 0.3%. That’s the combination that might have the Federal Reserve holding back on rate cuts.
Equinix is projecting 2026 revenue between $10.12 billion and $10.22 billion, topping the $10.07 billion figure from LSEG. For the first quarter, the company put revenue guidance at $2.50 billion to $2.54 billion, Reuters reported.
Equinix posted fourth-quarter revenue of $2.42 billion, with net income from continuing operations hitting $264 million, reversing a loss from the same period last year. The company logged a record $474 million in annualized gross bookings for the quarter. About 60% of its biggest Q4 deals came from AI workloads, according to CEO Adaire Fox-Martin, who said demand “has never been higher.” Equinix, Inc.
Equinix bumped up its quarterly cash dividend by 10%, bringing it to $5.16 a share. The payout lands March 18 for holders on record as of Feb. 25.
Analysts wasted no time revising their outlooks. Goldman Sachs’ Michael Ng bumped his price target up to $894 from $785 but stuck with a neutral rating, The Fly reported.
Equinix faces off against Digital Realty, another data-center REIT, plus a swelling roster of private players. Everyone is after the largest clients, scrambling to secure power and land for new builds. The open question: will demand keep outpacing supply as additional capacity gets added?
But there’s another angle. In its most recent annual report, Equinix points to risks that could weigh on returns: everything from power limits and construction delays to supply chain snags—plus the strain of managing a hefty investment program.
Traders are eyeing Friday’s inflation data to see if it stirs up rate expectations enough to move REIT valuations. Then there’s Equinix, with the market waiting to see if it can push through the lagging xScale Hampton lease deal by early 2026 as planned. For income-focused holders, the higher dividend’s Feb. 25 record date is already marked down.
