Equinix Inc vs SoFi Technologies Inc — how do they compare? Equinix Inc trades at $1,032.41 (market cap $101.87B), while SoFi Technologies Inc trades at $18.02 (market cap $23.22B). The key difference: Equinix Inc is far larger — about 4.4× SoFi Technologies Inc's market cap, and Equinix Inc pays a 2% dividend while SoFi Technologies Inc pays none. Which is the better fit depends on your goals.
| EQIX | SOFI | |
|---|---|---|
Market Cap | $101.87B | $23.22B |
Sector | Real Estate | Financials |
52-Week High | $1.12K | $32.21 |
52-Week Low | $726.09 | $15.15 |
Enterprise Value | $123.00B | — |
Dividend Yield | 2% | — |
Trailing returns across standard periods
Latest headlines on both assets
Equinix is a retail provider of data centers, enabling hundreds of enterprise tenants to house their servers and networking equipment in a collocated environment. Tenants can then connect with each other, through cloud service providers and telecom networks. Equinix operates 240 data centers in 66 markets worldwide and owns just less than half of them. The firm has roughly 10,000 customers, including 2,000 networks, that are dispersed over five verticals: Cloud and IT Services, Content Providers, Network and Mobile Services, Financial Services, and Enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from connecting customers with each other. Equinix operates as a real estate investment trust.
Read more on EQIX →SoFi is a financial services company that was founded in 2011 and is currently based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020 the company also offers payment and account services for debit cards and digital banking.
Read more on SOFI →