Equinix (NASDAQ: EQIX) is expanding its operations in Indonesia, with a newly opened data center in Jakarta aimed at supporting cloud computing, artificial intelligence, and fintech. This expansion positions the company to tap into Indonesia’s rapidly growing data center market, projected to reach $3.79 billion by 2030, growing at an 8% CAGR.
Equinix operates 270 data centers across 35 countries and reported over $2.1 billion in annual adjusted EBITDA as of Q1 2025. The average analyst price target for the company is $1,009, which is 10% higher than its current value.
For 2025, Equinix’s capital expenditures are projected between $3.4 billion and $3.7 billion, with a strong cash position of $2.95 billion to support its expansion despite the substantial investments required for modernization. The company is well-positioned to navigate market risks, aided by long-term leases and high customer retention of 98%.
