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DLRDigital Realty Trust, Inc.Hold6.2·$184.20+0.74%
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Digital Realty Trust, Inc. (DLR) Stock Analysis

HoldModerate Confidence

Real Estate · REIT - Specialty

Hold if already holding. Not a fresh buy at $184.20, but acceptable to hold if already in. Reasons: Concentration risk — Customer: 20 largest customers (51.0%); Thin upside margin: 6.9%.

Digital Realty Trust owned or had investments in 310 data centers totaling 57.6 million rentable square feet in 55+ metros across 30+ countries at December 31, 2025. The company earns revenue through data center leases, colocation and interconnection services to 5,000+... Read more

$184.20+6.9% A.UpsideScore 6.2/10#1 of 14 REIT - Specialty
QualityF-score8 / 9FCF yield4.98%
IncomeYield2.65%(5y avg 3.40%)Payout129.44%
Stop $175.82Target $196.85(analyst − 10%)A.R:R 1.4:1
Analyst target$218.72+18.7%29 analysts
$196.85our TP
$184.20price
$218.72mean
$250

Hold if already holding. Not a fresh buy at $184.20, but acceptable to hold if already in. Reasons: Concentration risk — Customer: 20 largest customers (51.0%); Thin upside margin: 6.9%. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 6.2/10, moderate confidence.

Passes 6/8 gates (positive momentum, clean insider activity, no SEC red flags, earnings proximity 39d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-14
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Jul 23, 202639d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Strong growth profile
Risks
Concentration risk — Customer: 20 largest customers (51.0%)
Thin upside margin: 6.9%

Key Metrics

P/E (TTM)48.7
P/E (Fwd)64.3
Mkt Cap$65.9B
EV/EBITDA29.2
Profit Mgn21.8%
ROE5.7%
Rev Growth16.7%
Beta1.05
Dividend2.65%
Rating analysts37

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C0.31bullish
IV49%normal

Concentration Risks(10-K Item 1A)

  • HIGHCustomer20 largest customers51%
    10-K Item 1A: 'the 20 largest customers in our portfolio represented approximately 51% of the total annualized recurring revenue generated by our properties'
  • MEDIUMCustomertop three customers26%
    10-K Item 1A: 'Our top three customers represented approximately 26% of the total annualized recurring revenue generated by our properties as of December 31, 2025'
  • LOWCustomerlargest customer12%
    10-K Item 1: 'Our largest customer accounted for approximately 11.7% of our aggregate annualized recurring revenue as of December 31, 2025'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.

No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.

Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
1.2
Quality Rank
2.6
Growth Rank
6.9
GatesA.R:R 1.4 < 1.5@spotMomentum 5.3<5.5 (soft — BUY_NOW allowed but watch)Momentum 5.3>=4.5Insider activity: OKNo SEC red flagsEARNINGS PROXIMITY 39d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
40 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $178.41Resistance $194.89

Price Targets

$176
$197
A.Upside+6.9%
A.R:R1.4:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! asymmetry at 1.4 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-23 (39d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is DLR stock a buy right now?

Hold if already holding. Not a fresh buy at $184.20, but acceptable to hold if already in. Reasons: Concentration risk — Customer: 20 largest customers (51.0%); Thin upside margin: 6.9%. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $196.85 (+6.9%), stop $175.82 (−4.8%), A.R:R 1.4:1. Score 6.2/10, moderate confidence.

What is the DLR stock price target?

Take-profit target: $196.85 (+6.9% upside). Target $196.85 (+6.9%), stop $175.82 (−4.8%), A.R:R 1.4:1. Stop-loss: $175.82.

What are the risks of investing in DLR?

Concentration risk — Customer: 20 largest customers (51.0%); Thin upside margin: 6.9%.

Is DLR overvalued or undervalued?

Digital Realty Trust, Inc. trades at a P/E of 48.7 (forward 64.3). TrendMatrix value score: 4.6/10. Verdict: Hold.

What do analysts say about DLR?

37 analysts cover DLR with a consensus score of 4.0/5. Average price target: $219.

What does Digital Realty Trust, Inc. do?Digital Realty Trust owned or had investments in 310 data centers totaling 57.6 million rentable square feet in 55+...

Digital Realty Trust owned or had investments in 310 data centers totaling 57.6 million rentable square feet in 55+ metros across 30+ countries at December 31, 2025. The company earns revenue through data center leases, colocation and interconnection services to 5,000+ customers. Tenant-installed improvements and network-dense interconnection hubs create significant switching friction the company cites as supporting high retention rates.

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