Digital Realty Trust sees price target hike and increased institutional investment

Digital Realty Trust, Inc. has seen significant activity regarding its stock holdings and financial outlook. Evercore recently raised its price target for the company from $230.00 to $240.00, maintaining an ‘Outperform’ rating.

Financial reports for the second quarter of 2026 showed revenue of $1.92 billion, a 28.90 percent increase compared to the previous year. However, diluted earnings per share were $1.21, which fell below the consensus estimate of $1.98. The company has maintained its full-year 2026 earnings guidance between $8.15 and $8.20 per share.

Institutional interest remains high, with several firms increasing their positions. Avior Wealth Management LLC increased its holdings by over 2,700 percent in the third quarter, while Armstrong Advisory reported a massive increase in its stake. Other major investors, including BlackRock Inc. and Bank of America Corp, have also recently engaged with the stock.

In terms of debt management, the company recently placed €1.00 billion in guaranteed bonds and completed a CHF 510 million bond offering in Switzerland to fund projects, including green initiatives. Digital Realty is scheduled to release its third-quarter 2026 results on October 29, 2026.