Equinix's stock surged 12.41% during intraday 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 reported quarterly revenue that rose to $2.42 billion from $2.26 billion a year earlier. More importantly, the company issued strong 2026 revenue guidance between $10.12 billion and $10.22 billion, which exceeded analyst expectations. Equinix also announced a 10% increase in its quarterly cash dividend to $5.16 per share, marking its 11th consecutive year of dividend growth.

The positive performance and outlook prompted multiple Wall Street analysts to raise their price targets on the stock, citing strong quarterly bookings, accelerating business momentum, and rising demand for data center capacity driven by corporate adoption of generative AI and cloud technologies.