
DLR's growth outlook is strengthening on AI, cloud and enterprise demand, but rich valuation and a larger development program raise execution stakes.
Digital Realty Trust, Inc. is a real estate investment trust that invests in carrier-neutral data centers and provides colocation and peering services.
| Revenue (TTM) | $6.76B |
| Gross Profit (TTM) | $3.85B |
| EBITDA | $3.21B |
| Operating Margin | 25.90% |
| Return on Equity | 2.91% |
| Return on Assets | 1.48% |
| Revenue/Share (TTM) | $19.53 |
| Book Value | $72.17 |
| Price-to-Book | 2.77 |
| Price-to-Sales (TTM) | 11.03 |
| EV/Revenue | 13.7 |
| EV/EBITDA | 28.10 |
| Quarterly Earnings Growth (YoY) | -58.70% |
| Quarterly Revenue Growth (YoY) | 29.90% |
| Shares Outstanding | $370.04M |
| Float | $350.34M |
| % Insiders | 0.01% |
| % Institutions | 105.23% |
Volatility is currently contracting

DLR's growth outlook is strengthening on AI, cloud and enterprise demand, but rich valuation and a larger development program raise execution stakes.

DLR's 9.9% monthly gain reflects record leasing backlog, strong renewal pricing and a larger pre-leased development pipeline.

AUSTIN, Texas, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Digital Realty (NYSE: DLR), the world's largest cloud- and carrier-neutral data center platform, announced today its board of directors has authorized quarterly cash dividends for common and preferred stock for the third quarter of 2026. Common Stock Digital Realty's board of directors authorized a cash dividend of $1.22 per share to common stockholders of record as of the close of business on September 15, 2026.

Sovereign AI infrastructure is emerging as one of the largest capital cycles of the decade.

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.
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