DLR

Digital Realty Trust's growing backlog to $1.9B and the rich increases on renewal leases by +25.4% underscore their ability to capitalize on the multi-year AI compute demand. The same has been observed in the twice raised FY2026 guidance and the double-digit growth target through 2028, as new commencements accelerate. DLR remains compelling at a Price/FFO of 24.26x, while offering an excellent upside potential to my LTPT of $243.30, albeit with underwhelming, frozen dividends.

Digital Realty Trust is rated Buy, leveraging scarce powered-campus assets and a global, interconnected platform to capture AI-driven data center demand. DLR's record $1.6B contracted rent backlog, robust preleasing, and diversified product mix support 11% core FFO-per-share growth guidance for 2026. DLR's development pipeline, power procurement, and private capital partnerships underpin forward growth, with fair value estimated at $205 per share.

Digital Realty tops Q2 estimates as a record backlog, strong bookings and higher renewal rents drive growth, prompting a higher 2026 core FFO outlook.

Digital Realty Trust, Inc. (DLR) Q2 2026 Earnings Call Transcript

Digital Realty Trust raised its full-year forecast for funds from operations on Thursday, betting on resilient leasing momentum from cloud and ​AI customers to drive growth, sending its shares up 3% ‌in extended trading.

TORONTO, ON, July 22, 2026 (GLOBE NEWSWIRE) -- Panda Hub, the car detailing and car care platform serving customers in 100+ cities and expanding rapidly across the United States and Canada, announced a strategic investment from technology entrepreneur Matt Tagg. Tagg founded Webafrica in 1997 and built it into one of South Africa's largest internet service providers.

The effort could be hard to enforce because power prices are often decided by state regulators and electricity buyers and sellers.

The REIT market overvalues recent 'kinetic' earnings growth and undervalues 'potential' forward earnings, creating mispricings across sectors. Data center REITs like DLR, EQIX, and BXDC trade at premium multiples, but current earnings momentum may be cyclical rather than sustainable. JAN, CTO, and UMH offer significant built-in AFFO/share growth potential not yet recognized by the market, trading at attractive valuations.

Get a deeper insight into the potential performance of Digital Realty Trust (DLR) for the quarter ended June 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.