Digital Realty Lifts 2026 EPS Outlook to $3.10-$3.15
DLR sits 24% above its 52-week low of $146.23.
Summary
Digital Realty raised its full-year 2026 EPS guidance to $3.10-$3.15, signaling stronger-than-expected performance. The company also raised its annual FFO forecast, citing robust data center demand. This follows a series of transformative moves: a $1.61B strategic transaction in June, a $2.35B Blackstone secondary offering, and the $3.58B buyout of Blackstone's data center JV interests. The guidance hike suggests these deals are already accretive and demand for data center capacity remains robust. With a $64B market cap, the raised outlook reinforces the growth narrative and may prompt upward revisions to consensus estimates.
At the time of this announcement, DLR was trading at $182.00 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $64.1B. The 52-week trading range was $146.23 to $208.14. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.