NasdaqGS:EQIXSpecialized REITs
Scotiabank’s Valuation Downgrade Amid AI Demand Might Change The Case For Investing In Equinix (EQIX)
In early April 2026, Scotiabank downgraded Equinix to Sector Perform, citing valuation concerns after the company’s strong run and premium earnings multiple, even as it continued to post record AI-driven data center bookings and double-digit revenue guidance for 2026.
The downgrade came despite Equinix’s 11-year streak of dividend growth and growing exposure to AI workloads, underscoring tensions between robust fundamentals and a high market valuation.
We’ll now examine how Scotiabank’s...