DLR

Digital Realty Trust Inc (DLR) Q2 2026 Earnings Call Highlights: Record Growth and Strategic ...

Published: Jul 24, 2026   |  Read Original Article ↗

Article Summary

HOLD
  • Digital Realty Trust Inc. (NYSE: DLR) reported 14% year-over-year core FFO growth and record bookings in its 0-1-megawatt plus interconnection business, with total backlog reaching a new record of $1.9 billion supporting multiple years of double-digit growth.
  • Digital Realty Trust signed two hyperscale leases post-quarter demonstrating strong momentum in greater than a megawatt category, with $208 million annualized rent commenced in Q2 2026 and guidance raised to $8.15-8.20 per share for 2026.
  • Development pipeline expanded to 1.4 gigawatts under construction, with approximately $6 billion in liquidity and a 4.7 times debt-to-EBITDA ratio.
  • DLR faces risks and uncertainties that could cause actual results to differ materially from expectations.
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Growth Stock Metric Rating
DLR Rating
41.0
SELL

Growth Stock Scoring Breakdown

METRIC VALUE WEIGHT ANALYSIS
Sales Growth TTM ? 18.7% 25% 60.0 ptsModerate (18.7%) - Decent growth
EPS Growth Next 5Y ? -6.7% 25% 0.0 ptsNegative (-6.7%) - Declining expectations
Target Price Upside ? 22.3% 20% 70.0 ptsGood Upside (22.3%) - Target: $219.35 vs Current: $179.34
Gross Margin % ? 28.4% 15% 40.0 ptsModerate (28.4%) - Adequate margins
Drawdown from 52-Wk High ? -13.8% 15% 40.0 ptsMild Pullback (-13.8%) - Light entry opportunity
Disclaimer: This rating is for informational purposes only and is not financial advice. All data sourced from Finviz. Always conduct your own research and consult with a financial advisor before making investment decisions. Past performance does not guarantee future results.

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About DLR

Real Estate REIT - Specialty 4,282 employees Austin, United States
  • Digital Realty Trust, Inc. brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions.
  • Platform Digital, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture solution methodology for powering innovation, from cloud and digital transformation to emerging technologies like artificial intelligence (AI), and efficiently managing Data Gravity challenges.
  • Digital Realty gives customers access to the connected data communities that matter to them through a global footprint of 300+ facilities in 55+ metros across 30+ countries on six continents.
  • Digital Realty Trust, Inc. was established and incorporated on March 09, 2004 in Maryland and is based in Austin, Texas.
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