Are Wall Street Analysts Predicting Digital Realty Trust Stock Will Climb or Sink?

Austin, Texas-based Digital Realty Trust, Inc. (DLR) is engaged in the ownership, acquisition, repositioning, and management of technology-related real estate. The company has a market cap of $69.4 billion and offers data center, colocation, and interconnection solutions for domestic and international tenants through its portfolio of data centers located all around the world. 

The company’s shares have outpaced the broader market over the past year and grown 11.9% compared to the S&P 500 Index’s ($SPX) 10.8% gain. Moreover, in 2026, the stock has risen 18.6%, outperforming the SPX’s 10.9% rise.      

Zooming in further, the State Street Real Estate Select Sector SPDR ETF (XLRE) has grown 9.1% over the past year, lagging behind the stock. In 2026, XLRE surged 10.3% and underperformed the stock.  

On Oct. 29, DLR stock rose 1.8% following the release of its better-than-expected Q3 2026 earnings. The company’s revenue for the quarter amounted to $1.9 billion and surpassed the Street’s estimates. Moreover, its adjusted FFO for the period came out to $2.10, also topping the consensus estimates. Digital Realty Trust expects full-year funds from operations in the range of $7.90 to $8 per share. 

For the current year, which ends in December, analysts expect DLR’s FFO to rise 13.7% to $8.40 on a diluted basis. The company has surpassed the consensus estimate in each of the last four quarters.  

Among the 36 analysts covering DLR stock, the consensus is a “Strong Buy.” That’s based on 27 “Strong Buy” ratings, two “Moderate Buys,” and seven “Holds.”    

The configuration has grown bullish over the past month, with the stock now having 27 “Strong Buy” ratings, up from 26 a month ago.   

On Nov. 2, Stifel analyst Erik Rasmussen reiterated a “Buy” rating on DLR stock and set a price target of $235. 

DLR’s mean price target of $221.08 indicates a 20.5% premium over the current market price. Its Street-high target of $250 implies a 36.3% upside from current levels.

On the date of publication, Aritra Gangopadhyay did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.