Can Equinix (EQIX) Justify A Pricey Earnings Valuation On AI Growth?

Equinix has delivered a 43.1% gain over the past 3 years, yet its valuation checks are mixed. An intrinsic value estimate from a Discounted Cash Flow (DCF) approach suggests the stock trades below that estimate, while market based multiples point to a richer price tag. Over 3 years, Equinix is up 43.1%. This puts recent weakness over the past few weeks into context as part of a longer positive run rather than a sudden move. Recent moves to expand AI focused infrastructure and services,...