Equinix Inc. (EQIX) shares soared 8.23% in pre-market trading on Thursday, following the release of the company's fourth-quarter 2025 financial results and its robust outlook for the coming year.

The data center real estate investment trust provided a 2026 outlook that exceeded analyst expectations, projecting full-year revenue between $10.12 billion and $10.22 billion, above consensus estimates. Additionally, the company announced a 10% increase in its quarterly cash dividend to $5.16 per share, marking its 11th consecutive year of dividend growth.

Multiple Wall Street analysts raised their price targets on Equinix following the report, citing strong quarterly bookings, accelerating business momentum, and rising demand for data center capacity driven by corporate adoption of generative AI technology. The positive analyst sentiment and strong fundamental performance contributed to the significant pre-market surge.