Tear Sheet: Equinix Analyst Day Reinforces Strength Of Business - S&P Global Ratings’ Credit Research

Tear Sheet: Equinix Analyst Day Reinforces Strength Of Business

Tear Sheet: Equinix Analyst Day Reinforces Strength Of Business - S&P Global Ratings’ Credit Research
Tear Sheet: Equinix Analyst Day Reinforces Strength Of Business
Published Jun 23, 2023
7 pages (2857 words) — Published Jun 23, 2023
Price US$ 500.00  |  Buy this Report Now

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Abstract:

This is largely in-line with our previous expectations as we have a favorable view of the company?s market position. Equinix Inc.?s expansive and diversified customer base with presence in 71 markets via 248 data centers spread out globally and its position as a market leader in interconnections with 452,000 interconnections, positions it well to tap into growing demand in both physical and digital data center service offerings. In our view, with market leadership the colocation market and 40% share in cloud on-ramp in the markets it is present in, we see robust growth for colocation, hyperscale, interconnections and digital infrastructure services as its customers increase their IT spend to look for more distributed and cloud connected services. This is slightly

  
Brief Excerpt:

...June 23, 2023 Management guided to 8%-10% annual constant-currency organic revenue growth through 2027. This is largely in-line with our previous expectations as we have a favorable view of the company's market position. Equinix Inc.'s expansive and diversified customer base with presence in 71 markets via 248 data centers spread out globally and its position as a market leader in interconnections with 452,000 interconnections, positions it well to tap into growing demand in both physical and digital data center service offerings. In our view, with market leadership the colocation market and 40% share in cloud on-ramp in the markets it is present in, we see robust growth for colocation, hyperscale, interconnections and digital infrastructure services as its customers increase their IT spend to look for more distributed and cloud connected services. Capital spending guidance is for $3 billion per year through 2027. This is slightly higher than we previously expected, as expansion is required...

  
Report Type:

Full Report

Ticker
173150Q
Issuer
Sector
Global Issuers
Country
Region
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Tear Sheet: Equinix Analyst Day Reinforces Strength Of Business" Jun 23, 2023. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Tear-Sheet-Equinix-Analyst-Day-Reinforces-Strength-Of-Business-3011728>
  
APA:
S&P Global Ratings’ Credit Research. (). Tear Sheet: Equinix Analyst Day Reinforces Strength Of Business Jun 23, 2023. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Tear-Sheet-Equinix-Analyst-Day-Reinforces-Strength-Of-Business-3011728>
  
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