Digital Realty Trust Inc Dossier
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SectorReal Estate IndustryData Center REITs Beta (adjusted)1.02 Intrinsic Value $140.25median of 1 methodbased on filings through 31 Mar 2026 Market Price $176.49Price as of 1 Oct 2026 OvervaluedIntrinsic value is 21% below the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $66.7B Shares Outstanding 356.3M diluted Next Earnings Date22 Oct 2026 Last ex-dividend15 Sep 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Digital Realty entered the second half of 2026 with strong leasing momentum, a record $1.4 billion annualized backlog at its share, 25.4% cash renewal spreads and higher full-year core FFO guidance. July hyperscale signings and the subsequent provisional 50-megawatt Singapore allocation extend the growth runway. The principal constraints are the nine-month average lease-commencement lag, elevated development spending and dependence on continued access to debt, equity and partner capital. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$190.00 Mean target$223.00 High · most bullish analyst$250.00 Street targets sit above today's price; our intrinsic value sits below it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $190.0019% Twelve-month bear scenario: power, construction or customer-readiness delays slow backlog conversion while development spending and funding needs remain elevated. Base CaseCentral scenario $223.0058% Matches the consensus meanTwelve-month base scenario: Digital Realty delivers within its $8.15-$8.20 core FFO-per-share outlook, converts a meaningful portion of its signed backlog and contains development spending within guidance. Bull CaseUpside scenario $250.0023% Twelve-month bull scenario: backlog converts on schedule, July hyperscale leases advance without material delays, renewal pricing remains strong and new capacity such as the Singapore allocation improves the longer-term growth pipeline. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |