Truist Securities Reiterates Buy Rating for Digital Realty Trust
Truist Securities maintains its buy rating for Digital Realty Trust, setting a price target of $225, a 16.58% upside from the current price.
Key Points
- Truist Securities reiterated its buy rating for Digital Realty Trust, Inc. (NYSE:DLR) with a price target of $225 on June 24, 2026.
- Truist Securities's $225 price target implies 16.58% upside from Digital Realty Trust, Inc.'s ($DLR) current $193 share price.
- Shares of Digital Realty Trust traded near $195 on Wednesday, with a market cap of $68.7 billion and a P/E ratio of 52.0.
- Vanguard Portfolio Management LLC opened a new position in Digital Realty Trust with 29.5 million shares valued at $5.31 billion.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Truist Securities has reiterated its buy rating for Digital Realty Trust, Inc. (NYSE:DLR) with a price target of $225. This update came on June 24, 2026, as analyst Matthew Niknam maintained his positive outlook on the company's prospects.
Truist Securities vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Other Institutional Activity in Digital Realty Trust
BlackRock, Inc. grew its holdings by 702,533 shares, ending with 39.5 million shares worth about $7.12 billion, a 1.8% increase. Vanguard Portfolio Management LLC opened a new position with 29.5 million shares valued at $5.31 billion. Cohen & Steers, Inc. added 176,117 shares, bringing its total to 28.2 million shares valued at approximately $5.08 billion, reflecting a 0.6% increase. Meanwhile, State Street Corp reduced its stake by 333,429 shares, holding 20.3 million shares worth around $3.66 billion, a 1.6% decrease.
Digital Realty Trust, Inc. Stock Up 4.1%
Shares of Digital Realty Trust traded near $195 on Wednesday. The company boasts a market cap of $68.7 billion, with a P/E ratio of 52.0 and a forward P/E of 68.3. The stock's 52-week range has been between $146.23 and $208.14, with a 50-day moving average of $192.45 and a 200-day moving average of $174.38. Digital Realty Trust has a current ratio of 1.23 and a quick ratio of 1.12, alongside a debt-to-equity ratio of 76.6.
$DLR price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Digital Realty Trust reported revenue of approximately $6.31 billion, with a revenue growth rate of 16.7%. The company's net margin stands at 21.8%, and its return on equity is 5.7%. The next earnings report is scheduled for July 23, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
8 analysts raised price targets.
-
EPS & revenue
EPS met estimates. Revenue beat estimates by 1.1%.
-
Profit surprise
EBITDA missed by 9 percent. Operating income beat by 20 percent.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
1 downgrade, 8 target raises.
-
Earnings quality
Gross margin down 60.8 points. Operating margin up 3.4 points. Positive free cash flow.
Earnings Call Summary
Digital Realty had a record start to 2026 with the strongest leasing quarter ever, including a 200 megawatt deal with a top-rated hyperscaler. They signed nearly 100 million dollars in sub-one-megawatt deals, which was a quarterly record, and their total development pipeline jumped to sixteen and a half billion dollars. The company lowered debt to 4.7 times earnings while scaling its footprint with new markets in Bulgaria, Malaysia, and Italy.
Guidance The company raised its full year guidance to eight dollars and ten cents per share, up from eight dollars, reflecting nine percent growth. They expect four to five percent same building cash profit growth and plan to spend three point five to four billion on new capacity.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Dividend
Digital Realty Trust pays an annual dividend rate of $4.88, yielding 2.59%. The dividend payout ratio is 129.4%.
Insider Buying and Selling at Digital Realty Trust, Inc.
Recent insider buying activity at Digital Realty Trust includes purchases by William Laperch, Mary Hogan Preusse, Mark Patterson, Afshin Mohebbi, Veralinn Jamieson, and Susan Swanezy, each acquiring 2,578 shares on May 29, 2026.
Analysts Set New Price Targets
On June 24, 2026, Truist Securities maintained its buy rating with a $225 price target. Previously, on May 14, 2026, Truist Securities reiterated a buy rating with a $208 target. Cantor Fitzgerald also reiterated its buy rating on May 1, 2026, with a $211 target. The consensus recommendation for Digital Realty Trust is a buy, with a mean target price of $218.72 based on 29 analyst opinions.
About Digital Realty Trust
Digital Realty Trust, Inc. is a real estate investment trust focused on owning, acquiring, and operating data centers. The company serves a range of industries, including cloud services, financial services, and healthcare, with facilities across North America, Europe, Asia, and more. Headquartered in Austin, Texas, and led by CEO Andrew P. Power, Digital Realty employs over 4,200 people.
Bottom Line
Truist Securities' reaffirmation of its buy rating highlights continued confidence in Digital Realty Trust's performance. Investors often track these ratings for insights into the company's future prospects, although it's important to remember that such ratings are based on past and current analyses.
Get Digital Realty Trust, Inc. alerts
New 13F filings, insider trades, and analyst moves on $DLR, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.