Switch (SWCH) Stock Price
Switch Price
Revenue has compounded at 17.2% per year over the past 8 years to 592.05 M USD. Earnings per share have declined at 5.1% per year over the last 8 years. Switch's net margin stands at 2.5%, up from -4.0% several years earlier. Switch currently offers a dividend yield of about 0.60%. The payout ratio is around 193% of earnings. The dividend has grown at 95.6% per year over the past 4 years. Analysts set a median price target of 34.94 USD, implying 2.0% above the current price. Of 19 analysts, 8 rate the stock a buy — an overall Hold consensus.
Switch stock price
Details
Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of Switch over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Switch stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Switch's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
| Date | Switch Price |
|---|
Switch Revenue, EBIT, Net Income
3 Years
5 Years
10 Years
25 Years
Max
Details
Switch Income Statement, Balance Sheet, Cash Flow Statement
| REVENUEM USD |
|---|
| REVENUE GROWTH% |
| GROSS MARGIN% |
| GROSS INCOMEM USD |
| EBITM USD |
| EBIT MARGIN% |
| NET INCOMEM USD |
| NET INCOME GROWTH% |
| DIVIDENDDIV.USD |
| SHARESM |
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022e | 2023e | 2024e | 2025e | 2026e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 166.00 | 207.00 | 265.00 | 318.00 | 378.00 | 405.00 | 462.00 | 511.00 | 592.00 | 683.00 | 751.00 | 867.00 | 913.00 | 933.00 |
| – | 24.70 | 28.02 | 20.00 | 18.87 | 7.14 | 14.07 | 10.61 | 15.85 | 15.37 | 9.96 | 15.45 | 5.31 | 2.19 |
| 51.20 | 47.34 | 46.79 | 46.86 | 47.62 | 44.69 | 47.40 | 45.40 | 42.57 | 42.57 | 42.57 | 42.57 | 42.57 | 42.57 |
| 85.00 | 98.00 | 124.00 | 149.00 | 180.00 | 181.00 | 219.00 | 232.00 | 252.00 | 290.74 | 319.68 | 369.06 | 388.64 | 397.16 |
| 46.00 | 62.00 | 79.00 | 51.00 | 18.00 | 54.00 | 76.00 | 95.00 | 55.00 | 110.00 | 138.00 | 167.00 | 192.00 | 209.00 |
| 27.71 | 29.95 | 29.81 | 16.04 | 4.76 | 13.33 | 16.45 | 18.59 | 9.29 | 16.11 | 18.38 | 19.26 | 21.03 | 22.40 |
| 39.00 | 56.00 | 73.00 | 31.00 | -15.00 | 4.00 | 8.00 | 15.00 | 14.00 | 294.00 | 31.00 | 36.00 | 14.00 | 5.00 |
| – | 43.59 | 30.36 | -57.53 | -148.39 | -126.67 | 100.00 | 87.50 | -6.67 | 2,000.00 | -89.46 | 16.13 | -61.11 | -64.29 |
| – | – | – | – | – | – | – | – | – | 0.21 | 0.21 | 0.21 | – | – |
| 247.10 | 31.30 | 199.00 | 203.00 | 8.00 | 46.00 | 246.00 | 244.00 | 139.00 | 139.00 | 139.00 | 139.00 | 139.00 | 139.00 |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales Switch generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Switch retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Switch's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares Switch has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Switch's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
Switch stock margins
3 Years
5 Years
10 Years
25 Years
Max
Details
Switch Stock Revenue, EBIT, Earnings per Share
3 Years
5 Years
10 Years
25 Years
Max
Details
Switch business model & stock analysis
Switch SWOT Analysis
Strengths
Switch Inc possesses several strengths that contribute to its success in the market. These include:
- Advanced data center infrastructure technology
- Highly reliable and efficient operations
- Scalable and flexible solutions for clients
- Strong brand reputation and customer loyalty
Weaknesses
Despite its strengths, Switch Inc also faces certain weaknesses which may hinder its growth and competitiveness. These weaknesses include:
- Dependence on a limited geographic presence
- Relatively high costs compared to competitors
- Dependency on key suppliers for critical infrastructure components
Opportunities
Switch Inc can leverage several opportunities in the market to further enhance its position and profitability, including:
- Increasing demand for cloud computing and data storage solutions
- Expansion into new geographical markets
- Growing partnerships and collaborations with technology companies
- Offering eco-friendly and sustainable data center solutions
Threats
Alongside opportunities, Switch Inc also faces certain threats which could disrupt its operations and growth prospects, including:
- Rapidly evolving technology leading to obsolescence
- Intense competition from established and emerging players
- Potential cybersecurity breaches and data privacy concerns
- Changing regulatory environment impacting operations and compliance
Switch Employees
3 Years
5 Years
10 Years
25 Years
Max
Details
Switch Segments
Switch Revenue by Segment (1/2)
3 Years
Max
Details
Switch Revenue by Segment (2/2)
3 Years
5 Years
Max
Details
Switch Eulerpool Fair Value
Details
Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
Switch historical P/E ratio, EBIT multiple, and P/S ratio
Switch annual returns
Details
Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
Switch shares outstanding
3 Years
5 Years
10 Years
25 Years
Max
Details
Switch Dividend History
6 years of dividend payments · 5 consecutive increases
Switch dividend payout ratio
3 Years
5 Years
10 Years
25 Years
Max
Details
Current Switch forecasts and price targets in September 2026
Analyst Price Targets 2026Switch Analyst Rating Actions
| Date | Firm | Action | Rating | Reliability |
|---|---|---|---|---|
| 12/6/2022 | Maintained | Overweight | 59 | |
| 5/24/2022 | Downgrade | BuyHold | – | |
| 5/16/2022 | Downgrade | Strong BuyPerform | 65 | |
| 5/16/2022 | Downgrade | OutperformNeutral | 72 | |
| 5/13/2022 | Downgrade | OverweightEqual Weight | 57 | |
| 5/12/2022 | Downgrade | BuyHold | 56 | |
| 5/12/2022 | Downgrade | OutperformPerform | 60 | |
| 5/12/2022 | Downgrade | OutperformPerform | 74 | |
| 4/7/2022 | Maintained | Outperform | 72 | |
| 3/25/2022 | Downgrade | OverweightEqual Weight | 55 |
Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.
Switch Earnings Estimates & Surprises
| Date | EPS estimate | EPS Actual | Revenue Estimate | Price reaction | Quarterly report |
|---|---|---|---|---|---|
| 8/7/2023 | 0.29USD | - | 187.08 MUSD | - | 2023 Q2 |
| 5/8/2023 | 0.34USD | - | 181.88 MUSD | - | 2023 Q1 |
| 2/22/2023 | 0.04USD | - | 174.51 MUSD | - | 2022 Q4 |
| 11/9/2022 | 0.11USD | - | 172.56 MUSD | - | 2022 Q3 |
| 8/8/2022 | 0.06USD | - | 169.02 MUSD | - | 2022 Q2 |
| 5/10/2022 | 0.06USD | - | 166.09 MUSD | - | 2022 Q1 |
| 2/24/2022 | 0.04USD | - | 164.81 MUSD | - | 2021 Q4 |
| 11/4/2021 | 0.04USD | - | 162.18 MUSD | - | 2021 Q3 |
| 8/5/2021 | 0.05USD | - | 137.23 MUSD | - | 2021 Q2 |
| 5/10/2021 | 0.05USD | - | 130.97 MUSD | - | 2021 Q1 |
Switch shareholder structure
| % | Name |
|---|---|
8.60941% | |
8.14140% | |
4.70443% | |
4.17090% | |
3.82608% | |
3.24115% |
Switch Beneficial Ownership Filings (SEC 13D/G)
| Stake | Holder | Filing |
|---|---|---|
26.70% | SEC ↗ | |
19.73% | SEC ↗ | |
19.73% | SEC ↗ | |
18.70% | SEC ↗ | |
15.10% | SEC ↗ | |
9.10% | SEC ↗ | |
9.10% | SEC ↗ | |
8.68% | SEC ↗ | |
7.43% | SEC ↗ | |
7.40% | SEC ↗ |
Switch Executives and Management Board
14 members · avg. age 57 · 29 % women
Mr. Rob Roy (52)
Chairman of the Board, Chief Executive Officer, Founder · since 2003
8.76 M USD
Management
Mr. Jonathan King (50)
Chief Revenue Officer
Mr. Thomas Morton (53)
President, Chief Legal Officer and Secretary
Mr. Gabe Nacht (60)
Chief Financial Officer
Ms. Melissa Young (50)
Chief Information Officer
Mr. Matthew Heinz
IR Contact Officer · since 2018
Board of Directors
Mr. Donald Snyder (74)
Lead Independent Director
Ms. Kimberly Sheehy (57)
Independent Director
Mr. Bryan Wolf (58)
Independent Director
Mr. Zareh Sarrafian (58)
Independent Director
Ms. Liane Pelletier (64)
Independent Director
Ms. Angela Archon (61)
Independent Director
Switch Supply Chain
Switch Supply Chain
Correlation: how closely stock prices move together
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | Bharti Airtel | 0.23 | 0.73 | 0.89 | |
| 2 | 0.65 | 0.41 | 0.82 | ||
| 3 | 0.83 | 0.81 | 0.79 | ||
| 4 | -0.47 | 0.14 | 0.79 | ||
| 5 | -0.32 | 0.02 | 0.79 |
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | -0.41 | -0.22 | — | ||
| 2 | -0.07 | — | — | ||
| 3 | 0.24 | — | — | ||
| 4 | 0.81 | 0.76 | — | ||
| 5 | 0.52 | -0.38 | -0.67 |
Frequently asked questions about Switch
Switch Inc is a leading technology infrastructure company that focuses on designing, building, and operating advanced data centers. Their business model revolves around providing highly reliable and scalable data center solutions to various enterprises, cloud providers, and government agencies. Switch Inc's state-of-the-art facilities offer redundant power and cooling systems, along with a secure and resilient environment for businesses to store and process their mission-critical data. With their innovative infrastructure solutions, Switch Inc enables organizations to optimize their IT operations, reduce costs, and improve performance.
Switch Inc is primarily active in the technology and data center industries.
The main competitors of Switch Inc in the market include Equinix, Digital Realty, and CyrusOne.
Switch Inc is a leading data center infrastructure solutions provider. Founded in 2000 and headquartered in Las Vegas, Nevada, Switch has established itself as a global leader in colocation services and advanced technology solutions. With a robust network of cutting-edge data centers, Switch offers scalability, security, and reliability to its clients. Switch's history is marked by its commitment to sustainability, as it operates the world's largest and most efficient ecosystem of Tier 5® Platinum data centers. The company's innovative technology and environmentally friendly practices have earned it numerous accolades and recognition in the industry. Switch Inc continues to revolutionize data center infrastructure, delivering exceptional services to its wide range of clients worldwide.
Switch Inc has achieved several significant milestones throughout its history. One notable achievement is the establishment of its state-of-the-art data centers, which have played a crucial role in enabling the company to deliver reliable and secure data hosting services. Additionally, Switch Inc has successfully attracted a diverse clientele, including major technology companies and government agencies, which speaks to its reputation for excellence in the industry. The company's commitment to sustainability is another milestone, as it has developed advanced energy-efficient practices, leading to numerous environmental certifications. Overall, Switch Inc's achievements highlight its continued success and strong position in the market.
Switch Inc is primarily present in the United States.
Switch Inc is a leading technology infrastructure corporation that values performance, sustainability, and innovation. With an unwavering commitment to excellence, Switch Inc strives to deliver reliable, secure, and scalable data center solutions for a wide range of industries. The company's corporate philosophy revolves around providing the highest quality services, leveraging cutting-edge technology, and fostering long-term partnerships. Switch Inc's dedication to sustainability is evident through its use of 100% renewable energy sources and efficient cooling systems. By consistently pushing the boundaries of innovation, Switch Inc continues to revolutionize the data center industry and deliver exceptional value for its clients.
Analysts currently set an average price target of 33.79 USD for the Switch stock (median: 34.94 USD), implying -1.4 % versus the latest price. The consensus is based on 19 analyst ratings.
19 analysts currently rate the Switch stock: 8 recommend buying, 11 holding and 0 selling.
Converted at the current exchange rate, the Switch share trades at 29.49 EUR (34.25 USD).
The Switch share (SWCH) is listed on 5 stock exchanges, including: NYSE (SWCH), Frankfurt (821.F), München (821.MU), Düsseldorf (821.DU), SIX (Zürich) (821.SW).
The company Switch Inc is a leading provider of cloud-based solutions for businesses and organizations worldwide. The company was founded in 2000 and has become one of the industry's key players in recent years. Switch's business model is based on several pillars, which will be explained in more detail below. Cloud computing: Switch offers its customers a variety of cloud-based solutions, ranging from data storage to virtualized desktop infrastructure. Switch's cloud-based solutions are highly secure and scalable, providing customers with high availability. Customers can quickly and easily adjust and expand their infrastructure, enabling them to adapt quickly to changing business requirements. Data centers: Switch operates multiple data centers in the United States, certified for the highest standards of security and performance. Switch's data centers are interconnected through a powerful network, providing customers with high availability and redundancy. Colocation services: Switch offers its customers colocation services, allowing businesses to install and operate their hardware in one of Switch's data centers. While customers own and operate their hardware, Switch is responsible for providing the infrastructure, including power, cooling, and connectivity. IoT solutions: Switch has also specialized in solutions for the Internet of Things (IoT). The company offers IoT-enabled sensors and solutions that enable businesses to optimize their processes and operations. For example, companies can use sensor data to plan and optimize equipment maintenance or improve the efficiency of their production processes. Switch has developed a variety of products and services to help customers streamline and optimize their business processes. This includes products like the Industry Power Monitoring System (IPMS), which allows companies to reduce and optimize their energy costs. Additionally, Switch also offers certified hardware specifically designed for use in the company's data centers. Switch's business model is based on long-term relationships with its customers. The company works closely with its customers to understand their needs and requirements and develop custom solutions that meet their specific needs. The company is also committed to sustainability and renewable energy, investing heavily in renewable energy sources such as solar power. Overall, Switch has become a major player in the cloud computing industry by focusing on customer service and developing innovative solutions that meet the needs of its customers. The company has developed a variety of solutions that enable businesses to optimize their processes and reduce costs. By focusing on sustainability and renewable energy, Switch has also improved its environmental footprint and offered its customers a green hosting solution.
The revenue cannot currently be calculated for Switch.
The profit cannot currently be calculated for Switch.
The P/E ratio cannot be calculated for Switch at the moment.
The P/S cannot be calculated for Switch currently.
The Eulerpool Quality Score for Switch is 1/10.
The ISIN of Switch is US87105L1044. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Switch is A2DYD7. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Switch is SWCH. The ticker symbol is used to trade Switch shares on the stock exchange.
Over the past 12 months, Switch paid a dividend of 0.21 USD . This corresponds to a dividend yield of about 0.60 %. For the coming 12 months, Switch is expected to pay a dividend of 0.21 USD.
The current dividend yield of Switch is 0.60 %.
Switch pays a dividend, distributed in the months of , , , .
Switch paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0.21 USD are expected. This corresponds to a dividend yield of 0.61 %.
Switch is assigned to the 'Information technology' sector.
To receive the latest dividend of Switch from amounting to 0.05 USD, you needed to have the stock in your portfolio before the ex-date on .
The last dividend was paid out on .
In the year 2025, Switch distributed 0.21 USD as dividends.
The dividends of Switch are distributed in USD.
Switch stock
Switch Ticker
Switch FIGI
All fundamentals and in-depth analysis of Switch
Our stock analysis for Switch stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Switch. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.