Digital Realty Trust (DLR)

• Market cap: $54.1B
• 1 day: 0.42%
• 5 days: 5.54%
• 1 month: 12.04%
• 3 months: -2.25%
• 6 months: -11.87%
• Year to date: -9.30%
• 1 year: 15.68%
• 5 years: 7.39%
• 10 years: 153.18%
• Sector: Real Estate
• Industry: Specialty REIT

About: Digital Realty owns and operates over 300 data centers worldwide. It has nearly 40 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to "cold shells," where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. The company operates as a real estate investment trust.

Employees: 3,936

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

132% more first-time investments, than exits

New positions opened: 190 | Existing positions closed: 82

62% more call options, than puts

Call options by funds: $493M | Put options by funds: $304M

45% more funds holding in top 10

Funds holding in top 10: 20 [Q3] → 29 (+9) [Q4]

19% more capital invested

Capital invested by funds: $48.8B [Q3] → $57.9B (+$9.16B) [Q4]

8% more funds holding

Funds holding: 1,093 [Q3] → 1,184 (+91) [Q4]

5.6% more ownership

Funds ownership: 92.82% [Q3] → 98.42% (+5.6%) [Q4]

3% more repeat investments, than reductions

Existing positions increased: 426 | Existing positions reduced: 414

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $139 13% downside
• Avg. target: $185 16% upside
• High target: $220 37% upside

9 analyst ratings

• positive: 8 89%
• neutral: 0 0%
• negative: 1 11%

JMP Securities Greg Miller 36% 1-year accuracy 10 / 28 met price target	37% upside $220	Market Outperform Reiterated	28 Apr 2025
Jefferies Jonathan Petersen 10% 1-year accuracy 1 / 10 met price target	20% upside $193	Buy Maintained	25 Apr 2025
Scotiabank Maher Yaghi 46% 1-year accuracy 11 / 24 met price target	28% upside $206	Sector Outperform Maintained	22 Apr 2025
Citigroup Michael Rollins 65% 1-year accuracy 17 / 26 met price target	8% upside $174	Buy Maintained	17 Apr 2025
Mizuho Omotayo Okusanya 64% 1-year accuracy 9 / 14 met price target	10% upside $177	Outperform Maintained	28 Mar 2025