Digital Realty Trust (NYSE:DLR) Given New $224.00 Price Target at BNP Paribas Exane

Key Points

• BNP Paribas Exane raised its price target on Digital Realty Trust to $224 (from $196) and maintained an outperform rating, implying roughly an 8.4% upside from the current price.
• Digital Realty beat Q1 revenue estimates ($1.64B, +16.2% YoY) while meeting EPS and raised FY2026 guidance to $7.95–$8.05, citing strong AI-driven data-center demand and an expanded backlog/pipeline that boosts near-term revenue visibility.
• Analyst sentiment is broadly positive with a consensus Moderate Buy and an average target of $208.50, as several firms (e.g., Stifel, BMO) recently lifted their price targets.

Digital Realty Trust (NYSE:DLR - Get Free Report) had its target price upped by analysts at BNP Paribas Exane from $196.00 to $224.00 in a report released on Friday,MarketScreener reports. The brokerage currently has an "outperform" rating on the real estate investment trust's stock. BNP Paribas Exane's price target indicates a potential upside of 8.38% from the company's current price.

A number of other research analysts have also recently commented on the company. BMO Capital Markets upped their price target on Digital Realty Trust from $205.00 to $220.00 and gave the stock an "outperform" rating in a research note on Monday. KeyCorp restated a "sector weight" rating on shares of Digital Realty Trust in a research note on Thursday, January 29th. Deutsche Bank Aktiengesellschaft began coverage on Digital Realty Trust in a research note on Monday, January 5th. They set a "buy" rating and a $180.00 price target on the stock. Stifel Nicolaus upped their price target on Digital Realty Trust from $200.00 to $230.00 and gave the stock a "buy" rating in a research note on Wednesday. Finally, Morgan Stanley upped their price target on Digital Realty Trust from $210.00 to $215.00 and gave the stock an "equal weight" rating in a research note on Friday. Three research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $208.50.

Digital Realty Trust Trading Up 3.3%

DLR traded up $6.69 during trading hours on Friday, reaching $206.69. The company's stock had a trading volume of 838,987 shares, compared to its average volume of 2,012,727. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 1.59. The business's 50-day moving average is $182.84 and its 200-day moving average is $170.06. Digital Realty Trust has a fifty-two week low of $146.23 and a fifty-two week high of $206.58. The stock has a market cap of $72.12 billion, a PE ratio of 57.41, a P/E/G ratio of 4.45 and a beta of 1.07.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, hitting analysts' consensus estimates of $0.46. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The company had revenue of $1.64 billion for the quarter, compared to analysts' expectations of $1.63 billion. During the same period in the prior year, the firm earned $1.77 earnings per share. The firm's revenue was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, equities research analysts predict that Digital Realty Trust will post 7.94 earnings per share for the current fiscal year.

Institutional Trading of Digital Realty Trust

Several hedge funds have recently modified their holdings of DLR. Pinnacle Bancorp Inc. acquired a new stake in shares of Digital Realty Trust in the third quarter valued at $25,000. Salomon & Ludwin LLC acquired a new stake in shares of Digital Realty Trust in the third quarter valued at $28,000. Sunbelt Securities Inc. raised its stake in shares of Digital Realty Trust by 347.2% in the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust's stock valued at $28,000 after acquiring an additional 125 shares in the last quarter. First Horizon Corp acquired a new stake in shares of Digital Realty Trust in the third quarter valued at $31,000. Finally, Bell Investment Advisors Inc raised its stake in shares of Digital Realty Trust by 56.9% in the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 62 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Digital Realty Trust

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

• Positive Sentiment: Q1 results: Digital Realty beat FFO and revenue estimates (FFO outperformance of ~5%, revenue ~ $1.64B) and reported solid year-over-year growth, underpinning the stock’s positive move today. Digital Realty Trust (DLR) Beats Q1 FFO and Revenue Estimates
• Positive Sentiment: Guidance raise: Management lifted annual core FFO and revenue forecasts, citing strong AI-driven data-center demand — a direct driver of upside to earnings power and investor optimism. Digital Realty boosts annual core FFO, revenue forecasts on strong data center demand
• Positive Sentiment: Pipeline & backlog: Management said backlog rose to ~$1.8B (DLR share ~$1.0B) and the development pipeline jumped to ~1.2 GW under construction (61% pre-leased) — giving revenue/FFO visibility into 2027–2028. That supports growth expectations embedded in guidance. Digital Realty (DLR) Q1 2026 Earnings Transcript
• Positive Sentiment: Analyst upgrades/targets: Multiple firms raised targets (e.g., Stifel to $230, Mizuho to $217), signaling buy-side confidence and adding fresh catalyst for shares. Stifel raises DLR price target Mizuho raises DLR price target
• Neutral Sentiment: Earnings-call nuance: Management flagged some supply-chain and operational hurdles even as leasing momentum remains strong — a mixed signal for near-term margins and execution cadence. Digital Realty Trust Inc (DLR) Q1 2026 Earnings Call Highlights
• Neutral Sentiment: Valuation context: Recent strong share performance has drawn attention to DLR’s valuation after multi-year gains; investors should weigh growth outlook against elevated multiples. Weighing Digital Realty Trust (DLR) Valuation After A Strong Multi Year Return
• Negative Sentiment: Governance noise: An activist presentation at a different REIT named an executive (Andrew Power) as part of its critique, creating a small governance/distraction angle that could draw headlines though it’s not directly about DLR operations. Sieve Capital Issues Presentation

About Digital Realty Trust

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.

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