Equinix EQIX Secures Advanced Nuclear Energy Deals for Data Center Expansion: Analysts Predict 23.66% Upside

Equinix Inc. (EQIX) is integrating nuclear energy into its power strategy with significant new agreements, including a commitment to source 500 MW from Oklo's cutting-edge nuclear fission technology and pre-orders for 20 microreactors from Radiant Nuclear. The company has also secured additional energy commitments from Stellaria, ULC-Energy, and Bloom Energy. Wall Street analysts estimate an average target price of $960.00, suggesting a potential upside of 23.66%, while GuruFocus estimates an 18.1% upside based on the GF Value metric.

Equinix Inc. (EQIX), a leading data center developer and operator, has taken a significant step towards securing its future power needs by integrating nuclear energy into its strategy. The company announced several major agreements, including a commitment to source 500 MW from Oklo's advanced nuclear fission technology and pre-orders for 20 microreactors from Radiant Nuclear. Additionally, Equinix has secured energy commitments from Stellaria, ULC-Energy, and Bloom Energy.

These agreements are part of Equinix's long-term power strategy, aiming to mitigate potential future power constraints and support the growing energy demands of its data centers. Equinix's executive vice president of global operations, Raouf Abdel, stated that these agreements reflect the company's focus on supporting the scale, efficiency, and resiliency needed by its customers [1].

The increasing demand for electricity, driven by the growth of AI-driven data centers, is putting unprecedented pressure on global energy grids. Equinix's decision to diversify its power portfolio by incorporating nuclear energy aligns with the company's commitment to sustainability and reliability. Nuclear power, with its zero-carbon profile, offers a strategic advantage in reducing the carbon footprint of data centers [2].

The agreements include:
- Oklo: Equinix has signed an agreement to procure 500 MW of energy from Oklo's next-generation fission Aurora powerhouses [1].
- Radiant Nuclear: Equinix has pre-ordered 20 Kaleidos microreactors, which are transportable and can be installed within days [1].
- Stellaria: Equinix has agreed to purchase 500 MW of power from Stellaria's molten salt reactor technology [1].
- ULC-Energy: Equinix has formed a power purchase agreement with ULC-Energy for up to 250 MW in the Netherlands [1].
- Bloom Energy: Equinix has expanded its deployments of solid-oxide fuel cells to more than 100 MW across 19 data centers [2].

Wall Street analysts estimate an average target price of $960.00 for EQIX, suggesting a potential upside of 23.66%, while GuruFocus estimates an 18.1% upside based on the GF Value metric. These estimates reflect the market's positive outlook on Equinix's strategic moves and its potential to benefit from the growing demand for reliable and sustainable energy solutions.

References:
[1] https://www.reuters.com/business/energy/equinix-enters-into-multiple-advanced-nuclear-deals-power-data-centers-2025-08-14/
[2] https://www.capacitymedia.com/article/equinix-nuclear-energy-for-a-more-secure-grid