Citigroup Increases Digital Realty Trust (NYSE:DLR) Price Target to $226.00

Digital Realty Trust (NYSE:DLR) had its price target increased by research analysts at Citigroup from $190.00 to $226.00 in a research note issued on Friday,MarketScreener reports. The firm currently has a “buy” rating on the real estate investment trust’s stock. Citigroup’s price target points to a potential upside of 13.02% from the company’s previous close.

Other equities research analysts have also issued reports about the company. Sanford C. Bernstein assumed coverage on Digital Realty Trust in a research report on Thursday, March 5th. They issued an “outperform” rating and a $218.00 price objective on the stock. Barclays lifted their price objective on Digital Realty Trust from $182.00 to $189.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 16th. KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a research report on Thursday, January 29th. HSBC set a $193.00 price objective on Digital Realty Trust and gave the stock a “buy” rating in a research report on Thursday, January 15th. Finally, UBS Group set a $189.00 price target on Digital Realty Trust in a research report on Wednesday, January 14th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $210.50.

Digital Realty Trust Price Performance

Shares of DLR stock opened at $199.96 on Friday. The firm has a market cap of $69.78 billion, a P/E ratio of 52.76, a P/E/G ratio of 4.43 and a beta of 1.07. Digital Realty Trust has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The business’s 50 day moving average price is $183.22 and its 200-day moving average price is $170.18. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 1.59.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.46. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. Digital Realty Trust had a return on equity of 6.08% and a net margin of 21.73%.The business’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period last year, the company earned $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, equities research analysts anticipate that Digital Realty Trust will post 7.94 earnings per share for the current year.

Institutional Investors Weigh In On Digital Realty Trust

Several hedge funds have recently made changes to their positions in DLR. Bison Wealth LLC boosted its position in shares of Digital Realty Trust by 17.2% during the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after purchasing an additional 390 shares in the last quarter. Empowered Funds LLC boosted its holdings in Digital Realty Trust by 9.4% in the first quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after acquiring an additional 584 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Digital Realty Trust by 23.0% in the second quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock worth $3,790,000 after acquiring an additional 4,069 shares in the last quarter. Treasurer of the State of North Carolina boosted its holdings in Digital Realty Trust by 3.9% in the second quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock worth $27,469,000 after acquiring an additional 5,909 shares in the last quarter. Finally, Peapack Gladstone Financial Corp boosted its holdings in Digital Realty Trust by 0.8% in the second quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock worth $4,816,000 after acquiring an additional 231 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

Key Headlines Impacting Digital Realty Trust

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

• Positive Sentiment: Q1 beat and raised outlook — DLR reported beats on core metrics and raised FY‑2026 EPS and revenue guidance, citing leasing momentum and strong AI-driven demand that improved visibility for 2026. DLR Q1 Earnings Beat on Leasing Momentum and AI Demand, View Raised
• Positive Sentiment: FFO and revenue upside — DLR posted FFO and revenue above expectations (core FFO and FFO per share improved year-over-year), reinforcing cash‑flow growth supporting dividends and valuation. Digital Realty Trust (DLR) Beats Q1 FFO and Revenue Estimates
• Positive Sentiment: Strong backlog and development pipeline — management highlighted a record backlog (~$1.8B total, ~$1.0B DLR share), a >50% sequential increase in pipeline to ~1.2 GW under construction, and ~61% pre‑leased at attractive yields, giving multi‑year revenue visibility. Earnings Call Transcript
• Positive Sentiment: Broad analyst upgrades — multiple firms (Raymond James, Jefferies, Bernstein, BNP Paribas Exane, Citigroup, Stifel, Mizuho, others) raised price targets and/or ratings after results, signaling stronger sell‑side conviction on growth from AI/data‑center demand. Raymond James PT Raise Jefferies PT Raise
• Neutral Sentiment: Operational notes on the call — management flagged some supply‑chain and operational hurdles; these appear manageable but are worth monitoring for timing of capacity deliveries. Earnings Call Highlights
• Neutral Sentiment: Valuation to watch — shares have rallied into a premium multiple (high P/E), so investors should weigh continued execution and AI demand against a stretched valuation when sizing positions.
• Negative Sentiment: Corporate governance/activist item — an unrelated activist presentation at Americold called for votes against re‑electing board members including DLR’s CEO (Andrew Power) on Americold’s board; this could be a near‑term distraction or governance headline risk. Sieve Capital 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.