Digital Realty Trust (NYSE:DLR) Upgraded by TD Cowen to “Buy” Rating

Digital Realty Trust (NYSE:DLR) was upgraded by stock analysts at TD Cowen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday, MarketBeat reports. The brokerage currently has a $222.00 price target on the real estate investment trust’s stock. TD Cowen’s target price would indicate a potential upside of 23.53% from the stock’s previous close.

DLR has been the subject of several other reports. Stifel Nicolaus upped their target price on Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft lifted their price target on Digital Realty Trust from $196.00 to $220.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. BTIG Research initiated coverage on Digital Realty Trust in a report on Friday, July 10th. They set a “buy” rating and a $215.00 price objective on the stock. Barclays lifted their target price on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 1st. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $217.21.

Digital Realty Trust Trading Up 0.7%

Digital Realty Trust stock opened at $179.71 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59. The firm has a market cap of $63.15 billion, a price-to-earnings ratio of 47.42, a price-to-earnings-growth ratio of 4.86 and a beta of 1.03. Digital Realty Trust has a 1 year low of $146.23 and a 1 year high of $208.14. The firm’s 50 day moving average price is $184.35 and its two-hundred day moving average price is $180.59.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. Digital Realty Trust’s revenue was up 28.9% on a year-over-year basis. During the same quarter last year, the company posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, research analysts predict that Digital Realty Trust will post 8.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in DLR. Tema ETFs LLC lifted its position in Digital Realty Trust by 8.5% in the 2nd quarter. Tema ETFs LLC now owns 5,529 shares of the real estate investment trust’s stock worth $993,000 after buying an additional 435 shares in the last quarter. Community Financial Services Group LLC acquired a new stake in shares of Digital Realty Trust during the 2nd quarter valued at $56,000. Finivi Inc. grew its holdings in shares of Digital Realty Trust by 4.9% during the 2nd quarter. Finivi Inc. now owns 4,039 shares of the real estate investment trust’s stock valued at $725,000 after acquiring an additional 190 shares in the last quarter. World Equity Group Inc. purchased a new position in shares of Digital Realty Trust during the 2nd quarter valued at $494,000. Finally, Legacy Wealth Asset Management LLC increased its stake in shares of Digital Realty Trust by 59.4% in the second quarter. Legacy Wealth Asset Management LLC now owns 3,371 shares of the real estate investment trust’s stock worth $605,000 after acquiring an additional 1,256 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Key Digital Realty Trust News

Here are the key news stories impacting Digital Realty Trust this week:

• Positive Sentiment: Digital Realty raised its full-year 2026 funds-from-operations outlook, signaling management is seeing durable leasing momentum and better-than-expected demand trends. Reuters article
• Positive Sentiment: The company beat Q2 FFO and revenue estimates, a key catalyst for REIT investors focused on cash generation and occupancy-driven growth. Zacks article
• Positive Sentiment: Management’s guidance for FY 2026 EPS and revenue came in above Wall Street expectations, reinforcing confidence that the business can sustain growth despite a challenging rate environment. Press release
• Neutral Sentiment: Quarterly EPS came in below one reported consensus figure, even as revenue was well above estimates, suggesting a mixed headline print rather than a flawless quarter. MarketBeat earnings report
• Neutral Sentiment: Analysts and media coverage highlighted robust AI-related demand and strong Q2 performance, which supports the long-term investment case but does not add a new near-term catalyst beyond earnings. Seeking Alpha news

Digital Realty Trust Company Profile

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.