DLR

Digital Realty Trust
D

DLR

Arincen52/100B

Digital Realty Trust stock forecast 2026–2030

Analysts' average 12-month price target for Digital Realty Trust is 223.36, 24.8% above the current price of 179.02. Their targets range from 197.00 to 240.00.

Of the 21 firms that rated Digital Realty Trust in the past 12 months, 18 rate it buy or strong buy, 3 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.

12-month price target
223.36 USD
+24.77%

Analysts' 1-year price targets range from 197.00 to 240.00, with an average of 223.36.

Past year
1-year forecast
Strong sellStrong buy
Strong buy
21 ratings
Buy
18
Hold
3
Sell
0

12-month price target

Highest target240.00
Average target223.36
Lowest target197.00
Current price179.02

Digital Realty Trust price target history

Have analysts recently raised or lowered their Digital Realty Trust price target and rating?

See how analysts moved their price target

How analysts rate Digital Realty Trust, month by month

18 of 21 firms rate it buy now, against 14 of 16 in December 2025.

Buy Hold Sell

Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.

Month endBuyHoldSellFirms
Nov 2026183021
Oct 2026183021
Sept 2026193022
Aug 2026183021
Jul 2026154019
Jun 2026135018
May 2026135018
Apr 2026135018
Mar 2026133016
Feb 2026133016
Jan 2026133016
Dec 2025141116

Digital Realty Trust analyst upgrades, downgrades and price targets

The latest rating change came on 14 August 2026, when HSBC upgraded Digital Realty Trust from Hold to Buy. The most recent new target came from Bernstein on 30 October 2026: 229.00.

DateFirmRatingPrice targetChangePrice then
30 Oct 2026
Bernstein
Madison Rezaei
—229.00—178.49
30 Oct 2026
Goldman Sachs
Michael Ng
—215.00 → 237.00+10.2%182.91

Digital Realty Trust EPS and revenue estimates

Analysts expect Digital Realty Trust's EPS to fall 2.7% a year until 2028. Over the last 5 years it grew 29.1% a year, and over the last 3 years it grew 47.7%.

Analysts expect Digital Realty Trust's revenue to grow 14.5% a year until 2028, faster than over the last 5 years (9.4% a year) and the last 3 years (9.2%).

Revenue

ReportedEstimate

EPS

ReportedEstimate
Fiscal yearEPSEPS growthEPS rangeRevenueRevenue growthRevenue rangeAnalysts
FY2028 (est.) 3.29+21.8%2.34 – 4.29 9.17B+13.5%8.52B – 10.50B12
FY2027 (est.) 2.70-3.4%2.55 – 2.82 8.08B+11.2%7.63B – 8.37B12
FY2026 (est.) 2.80-22.7%2.76 – 2.93 7.26B+18.8%7.21B – 7.35B11
FY2025 3.62+119.4%— 6.11B+10.0%——
FY2024 1.65-27.0%— 5.55B+1.4%——
FY2023 2.26+98.2%— 5.48B+16.7%——
FY2022 1.14—— 4.69B———

Does Digital Realty Trust beat earnings estimates?

On average, analysts' EPS estimate was 112.3% off the result, either way, and their revenue estimate 3.8%, over the last 12 quarters.

EPS beats
45 / 82
Revenue beats
48 / 82
Average EPS surprise, last 12
+61.9%
Since
November 2006
QuarterReport dateEPS estimateReported EPSSurpriseRevenue estimateReported revenueSurprise
Q3 FY202629 Oct 20260.520.48-8.4%1.75B1.90B+8.5%
Q2 FY202623 Jul 20260.481.21+150.6%1.66B1.92B+16.1%
Q1 FY202623 Apr 20260.440.46+4.2%1.60B1.64B+2.1%
Q4 FY20255 Feb 20260.290.24-16.5%1.58B1.63B+3.7%
Q3 FY202523 Oct 20250.310.17-44.9%1.53B1.58B+3.2%
Q2 FY202524 Jul 20250.412.94+618.5%1.45B1.49B+3.2%
Q1 FY202524 Apr 20251.730.27-84.4%1.42B1.41B-1.2%
Q4 FY202413 Feb 20250.270.51+88.9%1.46B1.44B-1.5%
Q3 FY202424 Oct 20240.260.12-53.2%1.43B1.43B+0.0%
Q2 FY202425 Jul 20240.270.20-26.1%1.38B1.36B-1.7%
Q1 FY20242 May 20240.290.82+182.9%1.36B1.33B-2.3%
Q4 FY202315 Feb 20240.260.08-68.7%1.39B1.37B-1.8%

Digital Realty Trust stock price 2026–2030: scenarios

If Digital Realty Trust's earnings keep growing at the -3.1% a year analysts expect to FY2028, it would earn about 3.09 a share in FY2030. At the P/E it has traded at over the last five years (29.7 to 44.3) that is 91.94 to 136.92 a share, or 119.04 at its average P/E of 38.5. This is arithmetic on the analysts' estimates, not a prediction.

Bull Base Bear
Fiscal yearEPSBearBaseBull
FY2026 2.8083.21107.74123.92
FY2027 2.7080.36104.05119.67
FY2028 3.2997.91126.78145.81
FY2029 (extrapolated)3.1994.88122.85141.30
FY2030 (extrapolated)3.0991.94119.04136.92

Each year's EPS is the analysts' consensus to FY2028; the years after grow -3.1% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (29.7, 38.5, 44.3).

Is Digital Realty Trust stock undervalued or overvalued?

Digital Realty Trust's P/E of 71.6 is around the middle of its 5-year range (19.9 to 153.9, median 49.0). It is in line with its own history. At the median P/E of its peers (54.3 × EPS of 2.50), Digital Realty Trust's fair value is 135.87; the price, 179.02, is ⁦31.8%⁩ above it. Its forward P/E, on the consensus for FY2026, is 64.0.

The price against its fair value
Fair value 135.87Price 179.0248.60543.04

Fair value on the peers is the median P/E of the US companies of its industry closest in size times its earnings per share of the last twelve months; the ends of the bar are the same earnings at the lowest and highest peer P/E (19.4 and 217.2). The price against its P/E range

Price to earnings ratio (TTM)
71.61
Five-year median P/E
49.02
Five-year P/E range
19.9 – 153.9
Forward P/E (FY2026)
63.95
To the average target
+24.8%
See the full P/E history check Plus

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Common questions about the Digital Realty Trust stock forecast