Sanford C. Bernstein Forecasts Strong Price Appreciation for Digital Realty Trust (NYSE:DLR) Stock

Digital Realty Trust (NYSE:DLR) had its price target lifted by equities researchers at Sanford C. Bernstein from $218.00 to $232.00 in a research report issued on Friday,MarketScreener reports. The brokerage currently has an “outperform” rating on the real estate investment trust’s stock. Sanford C. Bernstein’s price objective would suggest a potential upside of 16.02% from the company’s previous close.

Several other brokerages have also recently weighed in on DLR. Stifel Nicolaus boosted their target price on Digital Realty Trust from $200.00 to $230.00 and gave the stock a “buy” rating in a report on Wednesday. Jefferies Financial Group boosted their target price on Digital Realty Trust from $189.00 to $223.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Bank of America reiterated a “neutral” rating and issued a $170.00 price objective (down from $210.00) on shares of Digital Realty Trust in a report on Thursday, January 8th. TD Cowen upped their price objective on Digital Realty Trust from $185.00 to $192.00 and gave the company a “hold” rating in a report on Friday. Finally, Cantor Fitzgerald initiated coverage on Digital Realty Trust in a report on Thursday, April 9th. They issued an “overweight” rating and a $211.00 price objective on the stock. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $210.50.

Digital Realty Trust Trading Down 0.0%

Shares of Digital Realty Trust stock opened at $199.96 on Friday. The stock 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. The stock’s 50 day simple moving average is $183.22 and its 200-day simple moving average is $170.18. Digital Realty Trust has a 1-year low of $146.23 and a 1-year high of $208.14. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 1.59.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting the consensus estimate of $0.46. The business had revenue of $1.64 billion for the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Analysts predict that Digital Realty Trust will post 7.94 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. New York State Common Retirement Fund raised its position in Digital Realty Trust by 7.1% in the third quarter. New York State Common Retirement Fund now owns 233,569 shares of the real estate investment trust’s stock valued at $40,379,000 after purchasing an additional 15,569 shares during the period. Jones Financial Companies Lllp raised its position in Digital Realty Trust by 13.5% in the third quarter. Jones Financial Companies Lllp now owns 148,970 shares of the real estate investment trust’s stock valued at $25,545,000 after purchasing an additional 17,729 shares during the period. Centersquare Investment Management LLC raised its position in Digital Realty Trust by 5.0% in the third quarter. Centersquare Investment Management LLC now owns 3,118,869 shares of the real estate investment trust’s stock valued at $539,190,000 after purchasing an additional 149,770 shares during the period. Gallacher Capital Management LLC purchased a new stake in Digital Realty Trust in the third quarter valued at approximately $762,000. Finally, World Investment Advisors raised its position in Digital Realty Trust by 412.7% in the third quarter. World Investment Advisors now owns 11,003 shares of the real estate investment trust’s stock valued at $1,902,000 after purchasing an additional 8,857 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Key Digital Realty Trust News

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.