Equinix is trading 12.98% up at $1178.80 after management presented a significantly stronger long-term outlook at the August 10, 2026 KeyBanc Technology Leadership Forum.

  • Raised targets to 10%-13% annual revenue growth and 9%-12% AFFO-per-share growth.
  • Cited durable AI, cloud, and enterprise demand, plus approximately three gigawatts of secured or near-completion power capacity.
  • The upbeat outlook directly explains the pre-market surge.